February 14, 2003 

Report zings Enron tax schemes
(DBN Subscription Required)

The Report - Vol. II (App A and B) - Vol. III (App. C and D) - Member/Witness Statements
(These are large downloads)

Enron Report Urges Penalties For Corporate-Tax Abuse
(WSJ: separate paid subscription required)   

Lawmakers eye public tax cheats
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Enron 'bribed tax officials'
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Enron Report Recommends Pension, Tax Law Changes
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Enron Skirted Taxes Via Executive Pay Plan
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'Incestuous advisers' helped Enron avoid taxes
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2B gov't hit seen in Enron tax scam
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Board rubber-stamped Enron pay - Investigator: Top execs wrote own pay packages
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Highlights of Enron Documents
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Enron case could provide fuel for clamping down on corporate tax shelters
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Enron twisted tax laws, congressional report says
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Paid $88 Million In Fees to Promoters, Advisors
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Schemes caused Enron to fail
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Powering up the shredders
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When greed is fact and control is fiction
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Scandal of crashed company's tax evasion
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Life with the Lay people
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Wheels within wheels
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Wall St. Firms Are Faulted in Report on Enron's Taxes
(NYT: separate free registration required)

Not just a few bad guys
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US threatens post-Enron corporate tax clampdown
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Enron's trail of deception
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Enron pulls plug on power plan
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Judge clears ITS to liquidate
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Telecoms:

CenturyTel acquires Digital Teleport
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U. of Calif. Files $353 Million WorldCom Lawsuit
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WorldCom Seeks Stay On Suit Filed By Banks In Maryland
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Shrimp processing plant files for bankruptcy protection
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Great Northern:

Great Northern unsecured creditors say stalking horse bid was too low
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Great Northern bidder poised to operate mills
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Court Dismisses Durango Apparel's Chapter 11 Case
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Kmart:

Kmart Seeks To Eliminate Self-Checkout Equip At Stores
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Kmart, Fleming end contract dispute
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Lewisville, Texas-Based Wholesaler Fights Two Battles
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Ex-Kmart Exec To Appear For Deposition As Co Investigates
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Kmart Asks Court to Extend Exclusivity
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Kmart May Delay Other Reorganization Plans
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Kmart seeks to block competing plans
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Most 'parachutes' are modest
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Hospitals Seek to Block Plan for Southeast
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Fraud suspect VonStrasdas forced to file for bankruptcy
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Bankrupt builder's mansion on block
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ISG, union blast BethSteel chief
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Buyout May Cost 4,000 Bethlehem Jobs
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Union says layoff prediction for Beth Steel is speculation
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Rail Castings wins Buckeye Steel
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Tentative Contract Agreement Details at Weirton Steel Released
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Rand McNally:

Rand McNally Lists Largest Unsecured Creditors
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Rand McNally Gets Interim Court OK To Use Cash Collateral
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Airlines:

United's chief gets posh digs
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American Air Pilots Union to Discuss Lowering Labor Costs
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UAL Lands Financing Ok On $1b
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United says it's learned from industry mistakes
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United Airlines Workers Want Details about Shift to Low-Cost Carrier
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Retired UAL pilots want voices heard
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United to shift capacity into new low-fare airline
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Retirees join pilots in fight for pensions
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Air Lib files for bankruptcy
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Air Lib acts to stave off creditors
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Delta layoffs of pilots halted
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Hard line will hurt pilots, Delta
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Northwest preps for next round of cost cutting
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Continental Airlines Sees Heavy 2003 Loss
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Corporate Reform:

Bush choice to lead SEC is confirmed
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Unions Targeting Executive Pay
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Unions pushing company changes
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Union objects to proposed pay for Adelphia executives
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Asbestos:

Federal-Mogul Reports Fourth Quarter and Full Year 2002 Results
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Federal-Mogul Expects To Emerge From Ch 11 This Summer
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El Paso Default Protection Soars, Activity Dries Up
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Jo-Ann Stores Acquires Three Stores from MJDesigns
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CSFB: Oops! We erased our files
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Energy:

NRG Consolidating With Regional Office Closures, Job Cuts
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Calpine loses $18 million / Enron bankruptcy continues to haunt the electricity business
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Many still jobless after severance runs out
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Accounting:

Equitable Life can appeal Ernst & Young case
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Ernst & Young reverses option accounting view
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IRS to Taxpayers: Come Clean Now
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Accounting after Sarbanes-Oxley
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There was Ethics ‘Lull’ During 1990s
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Big Four Face Legal Trouble, Lost Business
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New Bankruptcy Opinions
(No new opinions today)

Bankruptcy Jobs 871 Jobs - Last Updated February 3, 2003
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Bankruptcy Court Web/Pacer Site Directory

Weird News
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Law Firms:

Brobeck Staff Plan Suit Over Unused Benefits
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Brobeck Hale and Dorr chief in shock departure
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Morgan Lewis expanding on West Coast
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Lawyers ponder when to tattle
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Greed or Strategy?
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Leading Corporate Attorneys Join Paul Hastings' Washington D.C. Office
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S.C.'s largest law firm to grow in 3 N.C. cities
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Bingham makes West Coast IP push
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A&O puts Camerons lateral in top insolvency job
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EDS' credit rating drops - It's cut by 2 levels; firm has $4 billion debt, clients unable to pay
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Economy:

Economists Scale Back Forecasts for First Half
(WSJ: separate paid subscription required)

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Republican Bill Aims to Mute State Laws on Subprime Loans
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Bankers Opposing New State Curbs on Unfair Loans
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Hockey:

Bryden bid seen as big tax loss
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Bryden surely deserves break from criticism this time around
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MPs question tax breaks for Senators
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Judge approves motion to dissolve symphony labor contracts
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Grass Kin Strive to Settle Bankruptcy Case in Baltimore
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England:

British Energy Talks Ongoing
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Canada:

Cotton Ginny agrees to sell assets
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Cotton Ginny brand lives on
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Cotton Ginny agrees to sale
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Plaintree announces acceptance of creditor proposal
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Stewart House in Bankruptcy
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Anglicans approve abuse compensation package
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Nursing-home chain facing receivership dipped into residents' trust accounts
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South Africa:

After paying fees, RAG's creditors will share a tiny pie
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EU bankruptcy leader
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Scotland:

Bailiff ‘Slashed with Machete by Debtor’
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Japan:

Ex-execs held over ruined credit union
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Eitai chief arrested over bad loan deal
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Australia:

HIH chase closes on Cooper
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Hong Kong:

Hong Kong bankruptcies soar
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