April 10, 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

         
Power Utilities:

Firms Tackle PG&E's Bankruptcy
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SCE and Governor Reach Agreement on Plan To Restore Utility To Financial Health
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Generators Scrambled to End Pacts With Utilities
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PG&E Bankruptcy May Be a Blessing in Disguise
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First Bankruptcy Court Appearance for PG&E
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Pacific Gas and Electric Company Receives Court Approval of Second-Day Motions
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Calif. put on power alert due to cold weather
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Some Answers to Our Energy Problems
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Standard & Poor's Affirms PG&E National Energy Group 'BBB' Rating
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Bankruptcy risk for second US utility
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Federal Agency Convenes Energy Confab With 11 States
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California power crisis far from over, official says
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Bankruptcy Filings by California Utilities Bad News for Some Banks
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PG&E Unit Bankruptcy Ripples

The Judge and the Bankruptcy Law Facing PG&E
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Leaders threaten to seize power contracts, plants
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Energy Official Asks Aluminum Smelters to Shut Down
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Merrill says PG&E Chapter 11 won't affect GE
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Judge lifts order halting TWA merger
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Attack of the Killer Utilities
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Bankruptcy Filing Threatens Tax Bases
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Fed Agency To Discuss Power Demands
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Calpine says PG&E in breach of power contracts
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Negotiations continue between state and SoCal Edison 

PG&E receives court approval to continue paying suppliers, creditors
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PG&E in Court Clash / Utility, PUC wrangle over debt hearing on bankruptcy

(cont. in next column)

  Bankruptcy Reform:

Small business sees big problems in bankruptcy bill
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Bankruptcy bill a dud
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New U.S. bankruptcy rules questioned locally
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'Emphasis on borrowing' disappoints lender critical of reform efforts
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New bankruptcy laws are no panacea and might do more harm
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Why bankruptcy is about to get tougher
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Republic bankruptcy could hurt Blackstone
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W.R. Grace name exec to oversee restructuring
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Asbestos: Broken system
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Local creditors filing forces Austin telecom firm into bankruptcy court
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Hollywood faces lender and accountant scrutiny
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After third full day of deliberations, still no verdict for Brennan
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Dotcoms:

Dotcom disasters hit a new record
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Cut! Cameras, business stop rolling at Clipscom
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National Boston Medical Plan Of Re-Organization Confirmed
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The New Derivatives Economy
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Telecoms:

'Last mile' plagues telecom industry
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Globalstar Reveals Mounting Woes That May Spur Bankruptcy
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Dissolution offers way out without credit-record stain
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A Splurging America Is Borrowing Trouble
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Tampa: Stampede heads to bankruptcy court
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Power Utilities (cont.):

Calpine says has $267 mln in accts. receivable with PG&E
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Pacific G& E, SoCal Edison Under Ratings Pressure
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New Bankruptcy Opinions
(2 new opinions today)

TWA:

Despite appeal, AMR to seal TWA deal
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American Airlines Completes Acquisition of Trans World Airlines
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Joy Mixes With Tears at TWA
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MoFo to Revamp Pay Structure for Associates - Firm to end lock-step salaries as of 2002
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Thermadyne's auditor has doubts it can continue
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Bankruptcies up sharply in Massachusetts
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Cash shortage slowing venture-backed IPOs, M&A deals
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L&H to sue Korean banks, former executive over 'faked' sales
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Bridge:

Reuters looking at Bridge?
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Reuters considers bid for Bridge assets
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Bridge Info to sell 55% in Australian unit
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IGlobal files Chapter 7 as parent Novo fights to stay afloat
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Boston: Lawyer's alleged swindle reportedly rises to $16.7M - Cases stayed by bankruptcy

IRS shifts from 'no excuses' to 'let's make a deal'
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Bush Proposes Cuts in Fraud Enforcement
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Canada:

Smart Air parent makes bankruptcy debt deal
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Australia:

Bankrupt barrister spent $300,000 but can't remember how  

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England:

Baker Tilly in bankruptcy wake-up call to City
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Required

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China:

Telecom industry could see bankruptcies after WTO entry
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Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C.  You can reach us at 281-242-6208 or at admin@bkinformation.com 

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