Daily Bankruptcy News From BKINFORMATION

July 17, 2000 Daily Bankruptcy News Brought to you by BKINFORMATION.COM - The Source for Business Bankruptcy Information on the Internet AND BKCLAIMS Marketplace - The Online Market For Bankruptcy Claims

Disney Offer to Buy/Retire Toysmart Customer List Inadequate? Lawyers Wrestle With Online Privacy Paging Network: Bondholders seek to place Paging Network in Bankrutpcy Involuntary Filed Against Paging Network Debts Land Paging Network in Bankruptcy __________ Bankrupt Aileen, Inc. Announces Sale of Plant Sogo: The Coming Week in Asia: Sogo Muddies the Waters Japanese Bankruptcies: Record High Sogo Bankruptcy Fallout Collapse of Sogo Likely to Hasten Reform Japan Government Downplays Sogo Impact Foreign Investors May Have Role in Sogo Rehabilitation Concern About Sogo Bankruptcy Keeps Bank of Japan Interest Rate at Zero ____________ Court Overrules Objections to CRIIMI MAE's Disclosure Statement and Will Set Date for Confirmation Hearing	Frederick's Of Hollywood To Argue That Lenders Are Not Secured Innovative Clinical Files Chapter 11 Innovative Clinical Solutions Announces Initiation of Bond Restructuring Plan Online Drugstore Vitago Cutting Costs to Try to Avoid Boo-Like Meltdown (WSJ: paid subscription required) Prime Succession Receives Bankruptcy Court Approval for Ordinary Course Payments Tri-Valley: Uncertainty Reigns At Tri-Valley Tri-Valley: Payroll Approved, But Financing Delayed Tri-Valley Bankruptcy Puts Growers in Pinch Livent Owner Settles Claims Against KPMG, Which Reportedly Admits Breach of Fiduciary Duty New American Healthcare: Court Approves Transfer of Operations of Puget Sound Hospital Court Approves Sale of Four Hospitals HealthMont Acquires Four Hospitals from New American Healthcare	New Bankruptcy Opinions (4 new opinions today) Clinton Still Willing to Veto Bankruptcy Reform Bill Trustee Appointed for Two "Nonexistent" Arizona Towns Son's Right to File Bankruptcy for Parents Disputed Loads and Lingerie American Biomed to File Chapter 7 The Next Mega Bankruptcies? Big Tobacco: Big Tobacco Hit With $145 Billion Judgment Industry Has resources to Address Huge Verdicts (WSJ: paid subscription required) Laws Limit Damages Against Tobacco No Immediate Impact Expected from Huge Damage Award Appeal Expected Tobacco Industry Readies for Apppeal ___________ Wisconsin Bank Closed By Regulators for Flawed Lending Practices Senior Housing Takes More Mariner Nursing Homes Shaw Group Completes Acquisition of Stone & Webster Assets