March 7, 2003 

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

         
FreeStar to sue petitioners
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Telecoms:

Motorola Settles Iridium Suits for $12M
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Monitor to Keep Tabs on WorldCom Adviser Fees
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KPN and Versatel in spat over unpaid bills
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Bankruptcy Judge Approves Finance Pact for Globalstar
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Kmart:

Fleming seeks $1.4 billion from Kmart for voided contract
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Fleming files $30.3M admin claim in Kmart bankruptcy case
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Bankruptcy petition filed against Palmer Johnson
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Castle Boutique files Chapter 11
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Sale of bankrupt Martin Industries complete
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Economy continues to show weakness
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Conseco pleased to shed its albatross
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Memorial, creditors agree on plan
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US consultancy McKinsey names first European head
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Wall Street:

Former Credit Suisse Investment Banker Is Accused of 'Spinning' Stock
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Sins Of The Father
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Energy:

Texas Commercial Energy files Ch. 11
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Texas Commercial Energy Files for Chapter 11 Protection; Customer Electricity Service Will Not be Disrupted
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House Of Lloyd Sales, LLC Has Retained Keen Realty In Chapter 11 Proceedings
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Ford fights back after bankruptcy forecast
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No Apollo for Encompass after Ch. 11
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Steel:

Beth retirees closer to losing insurance
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  Airlines:

UAL Union Talks Financing with Firms
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New hub for DIA?
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An alternate plan for United recovery
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United sets out to prey on discount airlines
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United Airlines resists pressure to sell its Pacific routes
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Tension between American Airlines' CEO, Pilots' Union May Endanger Turnaround
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US Airways, pilots start pension talks
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Hawaiian Air Pilots Approve Cuts
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The fat lady has yet to sing for Air Lib
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IRS Planning To Improve Delinquent Taxpayer Levy Program
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Enron:

Enron abused mark-to-market accounting
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CSFB executives subpoenaed in Enron examiner probe
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Full Text Search Second Interim Examiner Report and Appendices

The Examiner Report - Appendix A - Appendix B - Appendix C - Appendix D - Appendix E - Appendix F - Appendix G - Appendix H - Appendix I - Appendix J - Appendix K - Appendix L - Appendix M - Appendix N - Appendix O - Appendix P - Appendix Q
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CIBC-Enron dealings revealed
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Enron Case Entangles 7 At CSFB
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Enron claimed $150-million from Ottawa
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Enron examiner scolds banks
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Enron scams fill 2,000 pages
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Wall St banks provided 'lifeblood' to Enron
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The Game's Not Over for Enron Creditors
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$2 million left for aquarium's unsecured debt
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Crescent Operating to seek bankruptcy, liquidate
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Channelview ISD facing bankruptcy
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Burlington Industries Up for Sale
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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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Who Will Join Conseco, UAL In Bankruptcy?
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GenTek Gets Approval Of $60 Million In DIP Financing
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Law Firms:

Decoding Summer Associate Programs
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Kramer Levin Naftalis & Frankel LLP Expands Corporate Practice with Addition of Brobeck Business & Technology Partners
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Partnership Rules for Small Firms
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Sidley and Baker & McKenzie snap up more Brobeck partners
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Part-Timers Get a Shot at the Partnership Track
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Bankruptcy Partners Defect To NY Firm's Satellite
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Judge Rejects "Chinese Wall" at Two-Lawyer Firm
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Punitive Measures - California justices to decide if lawyers are liable for 'lost' damages
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Hockey:

Peltz, five others lurk for Senators
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New Goal For Peltz: Buy Ottawa Senators
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Corpus squad almost victim of meltdown
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Senators bidders face April 3 deadline
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Polymer Group out of bankruptcy
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Americans Sinking Deeper in Debt
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Layoff Roundup: week ended March 6
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Japan:

In tough times, suicides over money increase in shame culture of Japan
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Japan could be the new paradigm
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Russia:

Corporate Raiders Divvy Up Moscow
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