September 26, 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

         
Airlines:

Vanguard Rejects Hooters Air Buyout
(DBN Subscription Required)

US Airways case before sharp judge
(DBN Subscription Required)

War talk adds to airline worries
(DBN Subscription Required)

US Airways objects to Alabama bid
(DBN Subscription Required)

United Unions Offer $1B Cost Cuts
(DBN Subscription Required)

US Airways to seek favor for Texas bid, more cash
(DBN Subscription Required)

United's Labor Unions Agreeable To $5 Billion Wage Cut
(DBN Subscription Required)

_______________

Carnegie, Pa.-Based Family Toy Chain Closes Book on Operation
(DBN Subscription Required)

InterBank Funding seeks exclusive plan-filing extension
(DBN Subscription Required)

Peregrine:

Peregrine Systems(R) Receives Approval of First-Day Motions In Voluntary Chapter 11 Reorganization Case
(DBN Subscription Required)

Bankrupt Peregrine gets nod for $60 mln financing
(DBN Subscription Required)

_________________

Kmart:

Kmart agrees to give confidential info to creditors
(DBN Subscription Required)

Judge lets retailers assume Kmart leases
(DBN Subscription Required)

Two Funds Invest in Kmart in Hopes of Forcing Sale to Rival
(DBN Subscription Required)

Kmart officials expect company to emerge from bankruptcy next summer
(DBN Subscription Required)

__________________

M&A advisers: MIA?
(DBN Subscription Required)

Terminology of Turpitude
(WSJ: separate paid subscription required)

Energy:

Letter from Delaware: Making the case
(DBN Subscription Required)

U.S. Bankruptcy Court Sets Confirmation Hearings in PG&E Case to Begin on November 18
(DBN Subscription Required)

Utilities Make Like Credit Firms By Selling Bad Debt
(DBN Subscription Required)

__________________

Offshore Tool & Energy says 2 units file for bankruptcy in US
(DBN Subscription Required)

Valeo SA emerges from bankruptcy protection
(DBN Subscription Required)

Horsehead Industries Retains The Blackstone Group as Financial Advisor For Plan
(DBN Subscription Required)

Polymer: Torn and frayed
(DBN Subscription Required)

Archibald's 2nd reorg plan OK'd
(DBN Subscription Required)

Farmland Industries Gets Extension
(DBN Subscription Required)

Reorganization for Level Propane
(DBN Subscription Required)

Adelphia:

Prosecutors say they aren't done with Adelphia
(DBN Subscription Required)

Bankrupt Aladdin's money-losing streak continues
(DBN Subscription Required)

__________________

Health Plan of the Redwoods begins packing up, cleaning out
(DBN Subscription Required)

Accounting:

California strips Arthur Andersen of operating license
(DBN Subscription Required)

Accounting firms get new blood, new agendas at top
(DBN Subscription Required)

Last Vestiges of Arthur Andersen's Orange County, Calif., Office Auctioned
(DBN Subscription Required)

_____________________

  Enron:

LJM2 partnership files for bankruptcy - Unit created to hide debt in Enron deals
(DBN Subscription Required)

Partnership That Bought Enron Assets Bankrupt
(DBN Subscription Required)

Enron 'E' sells for $44,000
(DBN Subscription Required)

Buyers flock to Enron auction
(DBN Subscription Required)

Dresdner Sues Enron Partnership, Revealing Bankers' Tangled Web
(WSJ: separate paid subscription required)

Want a piece of Enron?
(DBN Subscription Required)

Enron creditors to target bankers
(DBN Subscription Required)

Enron's Outside Directors Expected to Escape SEC Disciplinary Action
(DBN Subscription Required)

Despite media reports, Fastow still not indicted
(DBN Subscription Required)

Three Texas firms put in bids for new Enron tower
(DBN Subscription Required)

Scottish Power Considers Bid for Enron-Owned Portland General Electric
(DBN Subscription Required)

Merrill and Allegheny trade lawsuits
(DBN Subscription Required)

_______________

DIP Dimensions: Cold Metal Products Inc.
(DBN Subscription Required)

Law Firms:

Mid-Sized Firm's Partners Flocking to National Firms
(DBN Subscription Required)

After Tyco Scandal, GCs' Role Comes Under Scrutiny
(DBN Subscription Required)

Partner Gets Rude Reception on "Greedy Associates" Web Site
(DBN Subscription Required)

New Associates Settle for Out-of-State, Lower Paying Jobs
(DBN Subscription Required)

Clifford Chance Unveils New Ad Campaign
(DBN Subscription Required)

Dressing Down Policies Outlive Dot-Com Boom
(DBN Subscription Required)

Firm Loses Another NY Partner
(DBN Subscription Required)

Dealing With Make-or-Break Evaluations
(DBN Subscription Required)

One Million Documents Later, Defendant Cries Foul on Discovery
(DBN Subscription Required)

___________________

WorldCom:

Worldcom ex-controller to plead guilty Thursday
(DBN Subscription Required)

________________

Organogenesis:

Organogenesis files for Chapter 11
(DBN Subscription Required)

Organogenesis files Chap. 11, fires 110
(DBN Subscription Required)

__________________

Corporate Reform:

Key Provisions of the Sarbanes-Oxley Act of 2002
(DBN Subscription Required)

Corporate Lawyers Smell a Rat
(DBN Subscription Required)

SEC to Act Against Company Directors
(DBN Subscription Required)

Lawmakers Urge SEC to Defend Insider-Loan Law
(DBN Subscription Required)

________________

Cooker Restaurant emerges from bankruptcy
(DBN Subscription Required)

How to avoid credit-fix scams, correct report

Bankruptcy Reform:

There is a better way to manage debt crises
(DBN Subscription Required)

UK's Brown calls for action on intl bankruptcy
(DBN Subscription Required)

____________________

 

 

New Bankruptcy Opinions
(No  new opinions today)

Bankruptcy Jobs - 214 Jobs - Last Updated September 23, 2002
(DBN Subscription Required)

Bankruptcy Court Web/Pacer Site Directory

Weird News
(DBN Subscription Required)

Appeals court says attorneys are due fees in bankruptcy
(DBN Subscription Required)

Panaco Seeks Court Authority For Hedging Agreements
(DBN Subscription Required)

Asbestos:

Asbestos Suits Clog Courts
(DBN Subscription Required)

Law on Asbestos Claims Sought
(DBN Subscription Required)

Asbestos suit delay is boost for Sealed Air
(DBN Subscription Required)

Settlements pre-empt asbestos case
(DBN Subscription Required)

Asbestos victims seek compensation from companies marred in growing
(DBN Subscription Required)

_________________

Pillowtex: working to avoid defaulting on loans
(DBN Subscription Required)

Telecoms:

Williams clears key hurdles
(DBN Subscription Required)

Velocita wins OK of auction procedures
(DBN Subscription Required)

Group Telecom creditor protection extended
(DBN Subscription Required)

Wildly Optimistic Data Drove Telecoms to Build Fiber Glut
(WSJ: separate paid subscription required)

Deceit a norm at Global, lawmakers told
(DBN Subscription Required)

Once promising telecom company sold off piece by piece
(DBN Subscription Required)

Williams Communications Creditors Approve Reorganization Plan
(DBN Subscription Required)

Metrocall sees emerging from Chapter 11 in October
(DBN Subscription Required)

Williams Comm. says court approves deal with SBC
(DBN Subscription Required)

_________________

Martin Industries Secures Bank Financing to Resume Limited Manufacturing Operations
(DBN Subscription Required)

Merrill Aide to Plead Guilty, Cooperate on Stewart Probe
(WSJ: separate paid subscription required)

Burlington Granted Exclusivity Extension
(DBN Subscription Required)

AVIX Files Chapter 11
(DBN Subscription Required)

Aladdin Gaming Seeks 2-Mo Exclusivity Extension
(DBN Subscription Required)

Russian Tea Room Chef Rushin To Diddy
(DBN Subscription Required)

W.R. Grace Seeks Court OK To Settle IRS Dispute
(DBN Subscription Required)

Review shows Tyco claimed loss as profit, gave bosses bonuses
(DBN Subscription Required)

Firm to pay $1.2 million to Polaroid retirees
(DBN Subscription Required)

Stations Holding can sell Benedek
(DBN Subscription Required)

Company to Acquire Bankrupt Youngstown, Ohio, Radio Station
(DBN Subscription Required)

$6.7 Million Settles Newport Creamery Suits
(DBN Subscription Required)

Inland Global Medical Group ceasing operations

England:

Three bidders interested in Brit Energy's AmerGen
(DBN Subscription Required)

_________________

Japan:

Japanese golf courses go belly-up
(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