January 30, 2001  

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 

Also available on the Web (with links to the news stories)  at:  http://bkinformation.com/News/DailyNews.htm

         
Vlasic:

Vlasic in a major pickle
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Vlasic Foods Files Chapter 11
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The third wave: bracing for more bankruptcies
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Business Bankruptcies on the Rise, According To National Association of Credit Management
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Bankruptcy business may `improve' - Three years of fewer filings likely to end
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Investor group bails out Reliant
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TWA:

TWA asks court to OK nixing of Icahn ticket deal
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Lingering question in TWA deal is fate of the overhaul base

TWA Seeks To End Discount Ticket Pact With Icahn Co.
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Bankruptcy Reform:

Senator Wellstone Introduces Bill To Make Ch. 12 Permanent
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Dotcoms:

Toysmart.com list to be destroyed
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Hothouse debts deal blow to 'Edison of the net'
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Picking Clean The Digital Bones
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SportsLine.com waits for no debtor
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Dot-coms quit while still ahead
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N.Y. public relations firms face tech fallout
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Disney closes Go.com, cuts staff
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Sports retailer MVP.com throws in towel, sells off domain name
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Non-Net Firms Feeling Pain of Dot-Com Pinch
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Telecoms:

Vitts receives funding, avoids shutdown
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Elcotel Gains Bankruptcy Court Approval to Use Cash Collateral for Ongoing Operations
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AT&T Loses $1.7 Billion
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DSL Rhymes With Hell
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  Power Utilities:

Calif. exhausts emergency energy fund
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Audit Reveals SoCal Ed Reaped Hefty Profits In Early Days of Deregulation
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Cash-strapped PG&E warns its gas flow is dangerously low
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Calif on power alert, pressure to end crisis
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Bush names task force in Calif. power crisis
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California-Utility Shares Rise on Hope for Accord
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Who's California Dreamin' now?
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California Crisis No Threat To Bond Insurers' Ratings
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Vice president says U.S. won't extend sale order - says power crisis California problem

Utilities' financial woes hurting elderly
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El Paso Energy says owed $50 mln by Calif. utilities
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The Power Game Is a Contest Involving Many Risks
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Las Vegas: Utilities seek record increases
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Aluminum price highest in weeks as plants close due to power crisis
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Sierra Pacific files for emergency electric rate hike
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W.R. Grace:

W.R. Grace considering bankruptcy
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Analysts Not Surprised Grace Is Mulling Chapter 11
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Anna Nicole:

Smith tells of rise from dancer to rich widow
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'It's Very Expensive to Be Me' - Ex-Playmate Smith
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Smith testifies she reinvigorated Marshall
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Former playmate testifies in oil tycoon's inheritance case
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New Bankruptcy Opinions
(No new opinions today)

Tired Of Having To Type In Your Password Repeatedly?

Global Health files for Chapter 11
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Firestone pressures plaintiffs - Bankruptcy hinted at to force victims to settle, they say
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Court grants Lernout& Hauspie delay
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Group Calls For Privacy Review Of Court Records Database
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Restructuring . . .

Can Chrysler Stand Another Crisis?
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OfficeMax Closing 50 Stores
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Xerox plans job cuts to help reduce losses
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Xerox Loss Exceeds Expectations
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CompuBank, seeking quicker profitability, lays off some workers
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Ore. Truck Maker Freightliner Announces Layoffs
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Movie Theater Industry:

Imax 3-D: Debt, Decline, Doubt
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Sale of St. Louis Family-Owned Cinema Chain May Hinge on Bankruptcy Court
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Berkshire Hathaway Extends Tender Offer for Johns Manville
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Economy:

Recession fears may spur Fed to lower rates
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Half-Point Rate Cut Would Mark Concern
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Orlando: Bankruptcy Judge Rules That City May Take Rachel's License
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Paducah officials' deal sours with bankruptcy Prime property sold with no lien is complete loss
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Bankrupt Augusta, Ga., Businessman Auctions Land to Pay Creditors
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Owners of bankrupt Maine company sentenced on bank fraud charge
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