ENE files:
ENRON BANKRUPTCY NEWS: First Issue Free -- Yes, Enron Filed!
TRENTON, N.J., Dec. 2 /PRNewswire/ -- Bankruptcy Creditors' Service, Inc., today announced publication of ENRON BANKRUPTCY NEWS, tracking the chapter 11 proceedings undertaken this morning by Enron Corp. (NYSE: ENE - news), and 13 debtor-affiliates before the United States Bankruptcy Court for the Southern District of New York.
The first issue of ENRON BANKRUPTCY NEWS, released today, includes:
* background information about the Company's operations and finances;
* data extracted from the Debtors' bankruptcy petitions;
* lists of the Debtors' largest unsecured creditors;
a summary of a $10-plus billion lawsuit filed against Dynegy, Inc. (NYSE: DYN - news) and its parent company to recover damages and block Dynegy's acquisition of the Northern Gas Pipeline; and
a calendar of the key dates and deadlines in the Debtors' chapter 11 case;
Peter A. Chapman, BCSI's president and editor of ENRON BANKRUPTCY NEWS, relates.
Chapman says that the next edition, available later this week, will provide subscribers with a detailed review of:
the Debtor's applications to employ Weil, Gotshal & Manges LLP as their bankruptcy counsel and long parade of other restructuring professionals that will steer management through the bankruptcy process;
the operational and financial impact of the first-day motions necessary to maintain stability from the customers', employees' and vendors' perspectives;
a detailed review of any post-petition financing package brought before the Bankruptcy Court for consideration; and
the United States trustee's plans and efforts to form one or more official committees to represent the interests of the Debtor's creditors and shareholders.
ENRON BANKRUPTCY NEWS is distributed on a subscription basis by e-mail for $45 per issue. New issues are published as significant activity occurs (generally every 10 to 20 days) in the company's chapter 11 case.
Chapman advises that a free copy of the first issue of ENRON BANKRUPTCY NEWS is available immediately via the Internet at bankrupt.com using a standard Web browser.
Since 1990, BCSI has published similar newsletters tracking billion-dollar insolvency proceedings. Currently, BCSI provides similar coverage of the chapter 11 cases involving Polaroid Corporation, Pacific Gas and Electric Company, Reliance Group Holdings & Reliance Financial, The FINOVA Group, Inc., Comdisco, Burlington Industries, Fruit of the Loom, Pillowtex, Warnaco, Chiquita Brands, Ames Department Stores, Service Merchandise, ANC Rental, Laidlaw, Safety-Kleen, Bridge Information Services, Imperial Sugar, The Loewen Group International, Inc., Vlasic Foods, AMF Bowling, Bethlehem Steel, LTV, Wheeling-Pittsburgh, Federal-Mogul, W.R. Grace & Co., Owens Corning, Armstrong World Industries, USG Corporation, Harnischfeger Industries, Inc., Exodus Communications, Winstar, Covad Communications, 360networks, ICG Communications, PSINet, Lernout & Hauspie & Dictaphone, Vencor, Inc., Sun Healthcare Group, Inc., Mariner Post-Acute & Mariner Health, Genesis Health & Multicare, and Integrated Health Services.
Additionally, BCSI co-publishes the TROUBLED COMPANY REPORTER. The TCR provides daily news by e-mail about approximately 700 high-profile restructurings and insolvency proceedings around the globe. Go to bankrupt.com to sign-up for a 30-day free trial subscription to the TCR.
SOURCE: Bankruptcy Creditors' Service, Inc. |
