October 3, 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

         
Cybergenics ruling stuns bankruptcy bar
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Letter from Delaware: the bolts of bankruptcy
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Energy:

FERC wins control of CalPX funds
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Bankruptcy Calendar
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DTVN, DataVoN file for bankruptcy
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Ex-Adelphia Execs Plead Innocent
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Port lockout taking toll on thousands of idled truckers
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'Junk' Companies Rated on Default Risks
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Corporate Reform:

Companies silent about luxury apartments
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Day of reckoning for corporate "bad guys"
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Bankruptcy Court Grants Initial Agway Requests
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Law Firms:

Great Expectations For Retooled Piper Rudnick
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Rescinded Job Offers and Layoffs Strike Boston Firms
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Gray pips Brown to lead Eversheds
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Watson Farley agrees terms for exit of Paris partners to Orrick
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Former Clifford Chance head to advise on law firm mergers
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Is There No Slowing the GC Gravy Train?
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MTV to Make Movie About Napster
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Satellite Provider Teledesic Suspends Operations
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Steel:

Assets of J&L Structural to be auctioned
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EDS Says SEC Is Probing Earnings Miss, Stock Deal
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Latest SEC Target: EDS?
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Accounting:

Second-Tier Audit Firms
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Mainers get lesson on Enron
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Mortgage-Securities Market Faces Specter of Prepayments
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Bank of NY warns of shortfall, bad loans weigh
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  Enabling the insolvents
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Telecoms:

From basket case to telecom buyer
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Qwest says to restructure debt without bankruptcy
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Global Crossing of the greed Rubicon
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Telecoms sector strategy weaknesses exposed
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Court rejects Supra’s collateral
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Enron:

Fastow surrenders to Feds
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Andy in Chains
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Enron probe moving to top brass, Fastow's family
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Enron: The Prosecution's Game Plan
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Fastow Faced With Tough Decisions
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Fastow lawyers' weapons: intensity and intelligence
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Creditors Can Sue Former Enron Brass
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Ex - Enron CFO Is Charged With Fraud
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Andrew Fastow: A study in contrasts - Described as a charmer, Fastow's ferocious tirades revealed his dark side
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Aggressive Fastow silenced by Enron collapse
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Documents draw probe roadmap - Accounting chief thought to be next
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Fastow both revered and loathed in community
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Fastow arraigned; bail $5 million With video, audio
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The Lays' tearful tale fails to wash with America
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Last goodbyes at Enron as flak starts flying
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'He destroyed thousands of lives' - Ex-Enron employees at Fastow hearing to see justice served
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N.Y. firm tops Enron tower bids
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Suit slams 9 executives, but Lay charge is minor
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Bankruptcy Reform:

IMF Meetings Give Go-Ahead for Bankruptcy Plan - But on Whose Terms?
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AimGlobal Senior Lender Applies For Interim Receiver
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Bank of New York, Comerica To Need to Take Big Charges
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New Bankruptcy Opinions
(1 new opinion today)

Bankruptcy Jobs - 240 Jobs - Last Updated October 2, 2002
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Bankruptcy Court Web/Pacer Site Directory

Weird News
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DIP Dimensions: Peregrine Systems Inc.
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Airlines:

United Airlines says it may yet avoid bankruptcy
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Bankruptcy Warning From BWIA
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Feds OK United, US Airways Sharing
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Vanguard has two new offers, CEO says
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Warren Electric Group Receives Approval for Use of Collateral
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Dockstrike is a $20bn threat to US economy
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Farmland defends effort to hire Warburg
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Dot-Com Concerns Getting Cheaper
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Eastern Kentucky gasoline distributor files bankruptcy
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WorldCom:

$1M Retainer Bid Withdrawn in WorldCom Bankruptcy
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Triple-S Steel finalizes Houston/S.A. Metals USA acquisitions
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Assistant to Merrill Broker Admits Role in ImClone Case
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U.S., New York Regulators Work on Global Framework for Charges against Banks
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England:

Economic conditions send 33,000 companies to the wall
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British business collapses hit 3-year high
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France:

45,000 companies to default in France in 2002
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Poland:

Court Rejects Bid To Delay Elektrim Bankruptcy
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Japan:

Can an Economics Professor End Japan's Bad-Loan Mess?
(WSJ: separate paid subscription required)

Japan seen delaying on key bank deposit measure
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