October 18, 2002 

Daily Bankruptcy News

Brought to you by BKINFORMATION.COM - The Source for Business Bankruptcy Information on the Internet 

Also available on the Web (with links to the news stories)  at: http://bkinformation.com/News/DailyNews.htm

Prior editions available at http://bkinformation.com/bankruptcy_news.htm

         
A Timely Niche
(DBN Subscription Required)

TransCare's restructuring blues
(DBN Subscription Required)

Lernout & Hauspie Files New Chapter 11 Liquidation Plan
(DBN Subscription Required)

Work-Out Specialists Looted Ames, Others - NY Prosecutor
(DBN Subscription Required)

Bankruptcy Experts Are Indicted
(DBN Subscription Required)

Bankruptcy Reform:

Split Congress Puts Off Many Issues, Including Bankruptcy Reform
(DBN Subscription Required)

New bankruptcy judgeship bill
(DBN Subscription Required)

Fed chief hits at intervention on sovereign debt
(DBN Subscription Required)

_______________________

Telecoms:

Global Crossing seeks court OK to finish network
(DBN Subscription Required)

Global Creditors May Seek Winnick's Cash
(DBN Subscription Required)

Conn. firm buys Network Access Solutions
(DBN Subscription Required)

New bid emerges for 360networks' Atlantic cable
(DBN Subscription Required)

Crosshairs trained on billionaire
(DBN Subscription Required)

____________________

Roadhouse Grill hires CFO, relaunches ads
(DBN Subscription Required)

Bill Erpenbeck Agrees Not To Sell Kentucky Assets
(DBN Subscription Required)

Adelphia asks court to block insurance coverage revocation
(DBN Subscription Required)

American Movers files Chapter 11
(DBN Subscription Required)

Level Propane attempts to reorganize
(DBN Subscription Required)

Good Stuff Entertainment Corporation Assets to Go to the Block
(DBN Subscription Required)

Doe Run Resources Announces Tentative Agreement Regarding Consensual Restructuring
(DBN Subscription Required)

Corporate Reform:

Corporate scandals cost more than $200 billion
(DBN Subscription Required)

Nightmare in the Corner Office - Disenchanted incumbents are starting to bail out in increasing numbers, and replacements are getting harder to find
(DBN Subscription Required)

_____________________

WorldCom:

Technophobia Makes WorldCom Probe Harder
(NYT: separate free registration required)

__________________

Marlaz and Polar investments to acquire US Fast Mart for $39m
(DBN Subscription Required)

  President Casino case may change venue
(DBN Subscription Required)

Decision time for PG&E
(DBN Subscription Required)

Airlines:

Delta to cut up to 8,000 more jobs
(DBN Subscription Required)

More Bad News from Airlines, Future Grim
(DBN Subscription Required)

Northwest Posts a $46 Million Loss
(DBN Subscription Required)

Midway Flights Could Resume Dec. 1
(DBN Subscription Required)

Transportation Department OKs Midway Airlines Arrangement
(DBN Subscription Required)

_________________

Sears' Credit Woes Cause Shortfall
(DBN Subscription Required)

Amerco discounts bankruptcy talk
(DBN Subscription Required)

Wall Street not-so-confidential
(DBN Subscription Required)

Coalition wants asbestos litigation system changed
(DBN Subscription Required)

President of Farmland Industries' Meat Businesses Is Let Go
(DBN Subscription Required)

Conseco's Short-Term Debt Is Eased
(DBN Subscription Required)

Seventh Circuit Says Secured Party´s Signature Is Not Needed to Validate a Security Agreement. Is This Correct?
(DBN Subscription Required)

Enron:

Enron chief trader vows to tell all - Officials hope guilty plea, conviction boost probe of Calif. energy debacle
(DBN Subscription Required)

Ex-Enron Energy Trader Pleading Guilty
(DBN Subscription Required)

California officials feel vindicated by trader's plea
(DBN Subscription Required)

AIG, Chubb Seek $34 Million Collateral for Enron Gas Contract
(DBN Subscription Required)

EOTT Gets Okay From Court for $575 Million DIP Financing in Its Pre-Negotiated Restructuring Plan
(DBN Subscription Required)

Kopper's cash to go to Enron creditors - Shareholders still left holding the bag
(DBN Subscription Required)

Judge OKs SEC, Enron Creditors' Settlement On Kopper's Cash
(DBN Subscription Required)

$500,000 for bonus? That's rich - Judge rejects claim of poverty in suit
(DBN Subscription Required)

_________________

Bankruptcy court rescues Rawhide
(DBN Subscription Required)

Steel:

Hot Seat at the Steel Mill
(Business Week: separate paid subscription required)

___________________

 

 

New Bankruptcy Opinions
(2 new opinions today)

Bankruptcy Jobs - 240 Jobs - Last Updated October 14, 2002
(DBN Subscription Required)

Bankruptcy Court Web/Pacer Site Directory

Weird News
(DBN Subscription Required)

Swifty Serve trustee named
(DBN Subscription Required)

GM completes partial takeover of Daewoo
(DBN Subscription Required)

Sun Capital explores Mars
(DBN Subscription Required)

Central Recycling ordered sold
(DBN Subscription Required)

Advanced Tissue Sciences Provides Chapter 11 Update, Announces Receipt of $3 Million From Smith & Nephew
(DBN Subscription Required)

Mars Music considers a going-out-of-business sale
(DBN Subscription Required)

Accounting:

DOJ unveils new Andersen probe
(DBN Subscription Required)

FASB Proposal On Principle-Based Accounting Due Out By Monday
(DBN Subscription Required)

______________________

Crackdown on Gov't Cards Progressing
(DBN Subscription Required)

Japan:

Bankruptcy Law revision sought
(DBN Subscription Required)

Japan's Koizumi Vows 'Bold' Action
(DBN Subscription Required)

Japan's Hayami Tosses `Hand Grenade' With Share Plan
(DBN Subscription Required)

Can Japan finally make it?
(DBN Subscription Required)

Tokyo Golf Course Operator STT Kaihatsu Files for Bankruptcy Protection
(DBN Subscription Required)

_____________________

Germany:

Banking crisis bleeds Frankfurt
(DBN Subscription Required)

__________________

England:

Knight Machinery (Holdings) Ltd - In Administration
(DBN Subscription Required)

Railtrack Group shareholders set to approve voluntary liquidation
(DBN Subscription Required)

__________________

France:

France Telecom Denies It Will Take Over MobilCom Debt
(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.  

Removing Your Email Address From The Distribution List
If you already receive Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear.  Note that the email must be sent from the same email address at which you are receiving the Daily Bankruptcy News. You do not need to type anything in the body of the email message.   If you do not receive an email confirming deletion of your email address from the distribution list  for the publication, 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