December 27, 2001  

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

         
Enron:

Full-Text Search Selected Enron Pleadings
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Former Enron chief 'heartbroken' by energy giant's collapse
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Moody's to Explain Energy Traders' Credit Rating Guidelines
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Enron costs state retirees $60 million - Teacher Retirement System bought stock 3 weeks before bankruptcy
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Enron's capital investment altered power industry - Failed company grew impatient, but influence went to top in D.C.
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The NewPower gamble -- How one spinoff contributed to Enron's fall
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El Paso Joins Motion To Transfer Enron Venue To Houston
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Enron Gave Democrats Donations
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Enron's Retirees Go from Riches to Rags
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Enron Broadband Services joins affiliates in Chapter 11
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Trailmobile to Close Plants After Bankruptcy Filing
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U.S. retailers may close stores, doors in 2002
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After-Christmas Sales to Be Brief, Experts Say
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Steel:

Democrats Seek To Force House Vote on Massive Steel Bill
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Bush Move, Buyer Could Give Two LTV Steel Mills More Time
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Algoma faces crucible amid sectoral woes: Loan-guarantee lifeline will help steelmaker, but survival is far from certain: Steel industry in turmoil
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Financial ills made year a tough one for Ohio steel makers
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Spinoff fights own death spiral
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  2001 Review: Busted
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Business 2001: The Good, Bad and Bankrupt
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Judge turns down Coram's second reorganization plan - conflict of interest

ACT DIP hearing continued until Jan. 2
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IMF plans to allow nations to declare bankruptcy
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Courts, lawyers tangle over MACs
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Dotcoms:

Ad Market Woes Push Dialpad into Bankruptcy
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Net Showers May Lead to .Net Flowering
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In Rewritten Internet Fables, the Late Bird Gets the Worm
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Some Experts Say Consumer Credit Is Hurting U.S. Economy
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Unraveling Under Pressure of Debt, Imports, U.S. Textile Makers Also Face End of Quotas
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History Will Show 2001 as a Cold, Hard Year of Job Cuts
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European Banks Face Tough Year in 2002 Amid Economic Stagnation, Credit Woes
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Airlines:

Sabena Bankruptcy Protection Nixed
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America West Seeks Loan Guarantee to Avoid Bankruptcy
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Flighty investment: Airlines' volatility lifted only those with excellent timing
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Air Lib works committee to meet on Friday to hear about airline's future
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Nevada Filings increase by 27%
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Court Order Causes Closure of Four Hardee's Restaurants in Minnesota
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KFC and Workers Unpaid after Franchise Shuts Northwest Arkansas Stores
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New Bankruptcy Opinions
(No new opinions today)

Bankruptcy Jobs
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Bankruptcy Court Web/Pacer Site Directory

York Research hit with $20M in claims
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Giant awards in asbestos suits shock corporations
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Former Kentucky Governor Does Not Block Takeover of Real Estate, Assets
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Telecoms:

Leading indicators
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Florida Telecommunications Company Elcotel to Liquidate
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Future of NextWave And Its Airwaves Mired Inside Beltway
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For Some Telecom Firms, Cost Cuts Haven't Fixed Credit
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New Year, Same Story For NextWave Licenses
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Woes of Corporate Customers Threaten Broomfield, Colo.-Based Bandwidth Firm
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Malden Mills Hailed as Polaroid Rebuked
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Revenue Is Up for Central Florida's Repossession, Bill-Collection Businesses
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Law Firm Restructuring:

Davis Polk Caves on Bonuses
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Even Bankers Can Drown in Debt
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Japan:

Japan cuts adrift its weakest link - failing companies

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England:

Consultant was paid GBP292,000 for liquidation of Dome
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