November 26, 2002 

Bankruptcy filings surge 12 percent to unprecedented three-month level
(DBN Subscription Required)

Debt + no job = bankruptcy - Rising rate is still well behind volatile 1990s numbers
(DBN Subscription Required)

New York Is ahead of Nation in Bankruptcy Filings
(DBN Subscription Required)

Enron:

Enron going into used car business
(DBN Subscription Required)

A victim of its own greed and ambition
(DBN Subscription Required)

Some Former Enron Workers Find New Jobs
(DBN Subscription Required)

Enron gears up for another auction of equipment
(DBN Subscription Required)

__________________

Tyco, Sears among firms being sued by N.J. over losses
(DBN Subscription Required)

All Seasons liquidates inventory
(DBN Subscription Required)

Comdex shadow of its old, huge self
(DBN Subscription Required)

SEC, firms settle first disclosure cases
(DBN Subscription Required)

Accounting:

Regulatory Onslaught Shakes Audit Industry
(DBN Subscription Required)

It's not just a job, it's an adventure
(DBN Subscription Required)

Rules Changed for Accounting of Guarantees
(DBN Subscription Required)

Feds widen probe of Computer Associates' accounting practices
(DBN Subscription Required)

Partner profits fall by 16% at Ernst & Young
(DBN Subscription Required)

E&Y poised to raise audit fees
(DBN Subscription Required)

____________________

Britney's Menu Makeover As Restaurant Faces Involuntary Bankruptcy
(DBN Subscription Required)

Friede Goldman Halter Anticipates Sale Completion
(DBN Subscription Required)

Moto Photo files Chapter 11
(DBN Subscription Required)

Creditors of Portland, Ore.-Based Lodging Chain File Claim for Payment
(DBN Subscription Required)

Steel:

Ross eyes BethSteel, sans legacy costs
(DBN Subscription Required)

Bethlehem pension plan bailout a sore point
(DBN Subscription Required)

National Steel Corp. Slips Back Into Red
(DBN Subscription Required)

____________________

When companies cut costs, turkeys are often last to go
(DBN Subscription Required)

Bankrupt landlord from hell wants buildings back
(DBN Subscription Required)

Card rules could hit subprime profits
(DBN Subscription Required)

The CEO Shuffle: week ended Nov. 25
(DBN Subscription Required)

Goldman denies report of 'spinning'
(DBN Subscription Required)

Now, It's Goldman Analysts That Have the E-Mail Issues
(WSJ: separate paid subscription required)

Owens Corning Wins 45-Day Extension Of Exclusive Periods
(DBN Subscription Required)

PhyAmerica Physician Group Gets $100 Million Revolving Line of Credit
(DBN Subscription Required)

Tokheim subsidiary interests Franklin Electric
(DBN Subscription Required)

Lodgian Announces Emergence From Chapter 11
(DBN Subscription Required)

National Forge to sell plants
(DBN Subscription Required)

Employees invited to B&A headquarters for last time
(DBN Subscription Required)

Adelphia Urges Court to Freeze Rigas Family's Assets
(DBN Subscription Required)

When Titans Clash: The Fallout From the Conflict Over Creditors’ Committee Standing to Commence Avoidance Actions
(DBN Subscription Required)

Airlines:

American CEO says airline will cut flights
(DBN Subscription Required)

American Airlines Warns Chicago-Area Employees of Possible Pay Cuts
(DBN Subscription Required)

US Air Asks To Keep Sole Right To File Plan Through Jan
(DBN Subscription Required)

UAL competitors lobby against federal loan guarantees
(DBN Subscription Required)

Varig's CEO quits amid debt crisis after employees reject financial plan
(DBN Subscription Required)

__________________

Wall Street Bonuses Cut in Half
(DBN Subscription Required)

State unit dodges Encompass' woes
(DBN Subscription Required)

Telecoms:

Qwest creditors may challenge debt swap
(DBN Subscription Required)

NY Bankruptcy Lawyer to Represent Qwest Bondholders
(DBN Subscription Required)

Supra Telecom wins right to add customers
(DBN Subscription Required)

Ten Texas Telephone Companies Accuse SBC of Anti-Competitive Behavior
(DBN Subscription Required)

WorldCom agrees to meet regularly with big clients
(DBN Subscription Required)

Rudy: Open for business
(DBN Subscription Required)

Former QCI employees file to force Chapter 7
(DBN Subscription Required)

Dear Rudy
(DBN Subscription Required)

Focal Communications Sues WorldCom to Avoid Service Cutoff
(DBN Subscription Required)

U.S. Asks to Oversee Telecom Firm's Pensions
(DBN Subscription Required)

Judge Denies Asset Freeza Motion in Qwest Shareholder Suit
(DBN Subscription Required)

Supra Prevails Over BellSouth - LENS Back On; New Customers Can Now Begin Switching to Supra
(DBN Subscription Required)

Investor Reaches Out To Touch America
(DBN Subscription Required)

Global Crossing says no delay to reorganization
(DBN Subscription Required)

___________________

National Century:

Behind a Lender's Crash, Bravado and Risk
(NYT: separate free registration required)

CSFB says to write down National Century bonds
(DBN Subscription Required)

National Century's downfall came two years after first signs surfaced
(DBN Subscription Required)

_________________

Energy:

CPUC reorg plan for PG&E upheld
(DBN Subscription Required)

Former execs pressure NRG with filing
(DBN Subscription Required)

Former Executives Claim $23 Million,Push Bankruptcy For Xcel Unit
(DBN Subscription Required)

Judge denies PG&E bid to dismiss CPUC rescue plan
(DBN Subscription Required)

Xcel Energy Comments On Filing by Former NRG Energy Executives
(DBN Subscription Required)

Reliant Resources ratings cut by Moody's
(DBN Subscription Required)

___________________

Durango-Georgia Paper Workers Go to Head of the Pay Line
(DBN Subscription Required)

Mayor of bankrupt town goes bankrupt, too
(DBN Subscription Required)

New Bankruptcy Opinions
(No new opinions today)

Bankruptcy Jobs - 265 Jobs - Last Updated November 25, 2002
(DBN Subscription Required)

Bankruptcy Court Web/Pacer Site Directory

Weird News
(DBN Subscription Required)

Law Firms:

Let the Snow settle
(DBN Subscription Required)

Brobeck seeks loyalty oath from partnership
(DBN Subscription Required)

NY Firm's Partners Join Anderson Kill
(DBN Subscription Required)

S&M enters part-time partner debate
(DBN Subscription Required)

ING to force City banking firms to earn their keep
(DBN Subscription Required)

Mayer Brown launches new London group
(DBN Subscription Required)

_____________________

MedicaLogic/Medscape files liquidation plan
(DBN Subscription Required)

Roxio set to snap up Napster assets
(DBN Subscription Required)

Hawaii: Assets of bankrupt Japanese firm under scrutiny
(DBN Subscription Required)

Federal Prosecutors Break Ring of Identity Thieves - Credit reports of over 30,000 Americans were stolen and sold
(WSJ: separate paid subscription required)

Asbestos:

Asbestos quagmire
(DBN Subscription Required)

_____________________

Money laundering - Wash-house blues
(DBN Subscription Required)

Sunbeam:

Judge Approves Sunbeam Recovery Plan
(NYT: separate free registration required)

Sunbeam expects to emerge from bankruptcy soon
(DBN Subscription Required)

_________________

Can Planet Hollywood Rise Again? Heavy Theming May Thwart Comeback
(DBN Subscription Required)

England:

Fear of Equitable Life collapse grows as finance director quits
(DBN Subscription Required)

Report questions future of British Energy
(DBN Subscription Required)

______________________

Japan:

Japan to sweep aside foreign professional firm restrictions
(DBN Subscription Required)

Reverse the income flow and save ailing banks
(DBN Subscription Required)

Bond gains help Japan bank profits
(DBN Subscription Required)

Japanese banks take action against bad loans
(DBN Subscription Required)

Japanese banks reveal aggressive debt action
(DBN Subscription Required)

Japan life insurers slip closer to danger zone
(DBN Subscription Required)

___________________

France:

BNP Paribas shies from full bid for Credit Lyonnais
(DBN Subscription Required)

________________

Korea:

Creditors to Discuss Fate of Hynix Today
(DBN Subscription Required)

___________________

Poland:

PE firms get Polish cable assets
(DBN Subscription Required)

_________________

Canada:

Uniforet creditors approve proposed bankruptcy restructuring
(DBN Subscription Required)

_____________________

Please note that the Daily Bankruptcy News is primarily a news link gathering service.   This means that most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not the Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. 

The DBN subscription fee for access to certain links is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use.

If you received the Daily Bankruptcy News via email, to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here, or by going to BKINFORMATION.COM and clicking on the Bankruptcy News button.  Note that the Daily Bankruptcy News is distributed via "HTML email" in which the links to the news stories are embedded in the headlines.  The email you receive should look like a 3-column newspaper, with headlines for each story. If you receive the Daily Bankruptcy News by email and the copy you receive is not formatted like a 3-column newspaper, or does not seem to contain links to the news stories, you may have an email client that is not capable of receiving HTML email, or is not configured to display such email.  You can however, receive a daily email notifying you when the Daily Bankruptcy News is updated on the web site. If you would like to receive such an email, please let us know at admin@bkinformation.com.

Advertising
Advertising is available in the Daily Bankruptcy News in a variety of places, formats and prices. Go to http://bkinformation.com/DBN_ADs.htm  for a list of choices.  Feel free to contact us with any questions.

Passwords
Access to certain links in the Daily Bankruptcy News is available only to readers holding a paid subscription.  These links are currently marked with a "DBN Subscription Required" notation. The cost of a subscription is $39/year, payable annually.  Volume discounts are available for sites with multiple users.  Complimentary subscriptions are available for full-time  educational and governmental employees. For information about discounts or educational/governmental subscriptions, contact us at admin@bkinformation.com. A separate password is required for each member of a firm wishing access to restricted links. New readers can receive a free password good for 30 days by going to http://bkinformation.com/RegistrationForm.cfm. Readers who wish to change their passwords should go to http://bkinformation.com/ChangePasswordForm.cfm. Readers who have forgotten their password should go to http://bkinformation.com/GetPassword.cfm. 

Adding Your Email Address To The Distribution List
If you would like to start receiving the Daily Bankruptcy News by email each day, go to http://bkinformation.com/SubscribeDBNForm.cfm  and fill in the information requested.  There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us at admin@bkinformation.com for help.  

Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C.  You can reach us at 281-242-6208 or at admin@bkinformation.com