April 11, 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:

Following PG&E's Billions
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Government utilities pushed electric prices higher
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Gas producers fear cash grab - PG&E restructuring
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Risks face SoCal Edison rescue pact
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Grid deal leaving many cold

U.S. judge postpones PG&E rates arguments, allows payments
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Strange theater marks PG&E bankruptcy case
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Politics in the Dark
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Lots of words, but is the crisis finally coming to a climax?
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PG&E asks judge to block PUC order on paying debt
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Edison says holders of older bonds to be paid first
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Electricity supplier seeks millions in suit

Prices of State Bonds Slide on Concern Over Energy Crisis
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PG&E clashes with regulators in court session
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State's Financial Exposure Is a Growing Worry / DAILY LOSSES: Experts say fiscal stability at risk  

PG&E Writing Was On Wall, But Few Read Between Lines
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California faces summer of daily blackouts
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Electric Politics May Be Interesting
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PG&E Stumps Math Whizzes / GO FIGURE: Who knows how much this will cost us?  

Pacific Gas and Electric Company Receives Court Approval of Third-Day Motions; Utility Granted Authority to Refund Customer Deposits
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Californians fight to keep their lights on Already the most energy-efficient state, California is under orders to conserve more. Its actions will provide a model for the USA
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Calif. Outages Stir States' Fears
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CSFB ups PG&E
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Calif. again pleads for federal energy price caps
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Davis blows a fuse, signs Edison deal

Bankruptcy Judge Issues Interim Orders on PG&E
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PG&E Moves Quickly to Involve Federal Court in State's Crisis

Edison International: state saves from bankruptcy
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PG&E Bankruptcy Analysis
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Fitch Chgs Edison Funding's Watch Status To Neg From Evolv
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  Choosing a bankruptcy lawyer: Don't dial the 800 number
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Telecoms:

DSL providers are crashing
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One-in-three UK ISPs will go bankrupt
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Bankruptcy clouds fixed wireless arena

New Owners For Orbcomm?
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Bankrupt E.Spire allowed to borrow $25 million 

DSL financial meltdown means fewer choices
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Rapid Link files for bankruptcy, cuts staff
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LTV Shows Representatives a Video
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Power Utilities (cont.):

Broke, PG&E made political contributions
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Misdirected Energy  

Energy crisis fallout
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The Billion-Dollar Wire: Edison Sells Transmission Assets to California
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Blame game in full force

Wholesale Power Stocks Surge Ahead
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Other Energy Crisis Developments

Governor still wants PG&E lines as well
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Calif. nuclear power seen unscathed by energy crisis
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Worst to come in power crisis, Western states tell US
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Mirant sees no impact from PG&E
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PG&E bankruptcy to hammer counties; court helps individuals

Creditors in Line to Get Money From PG&E
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PG&E Bankruptcy Case Opens Amid Tension and Legal Routines
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83-Year-Old With Plenty Of Energy / Preparation began with '70s power crisis  

House committee probes California energy problems

Give Power Buyers a Club in Cartel Wars
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State, Edison reach accord: California would pay $2.76 billion for the grid and let rates be used to defray debt
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Takeover of grid in doubt: PG&E's bankruptcy filing complicates the state's plan to acquire power lines
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Investors Worry About Holding California Municipal Bonds / State plans giant issue to cope with energy crisis  

California power supplier criticized for bankruptcy filing
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Judge blasts FERC, renounces power dispute
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New Bankruptcy Opinions
(1 new opinion today)

Law Firm Restructuring:

A Chilly Season for Associates
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The Disappeared
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Bankruptcy Reform:

Who's Behind Bankruptcy Reform?
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Bankruptcy reform means change for creditors
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Cleaning Up the Mess - When a waste hauler's Chapter 11 filing became untidy, a veteran bankruptcy lawyer stepped in
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Heilig rate cut a lesson for ABS deals
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ECW Files For Bankruptcy - The revolution is over
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Atlanta: Bankrupt builder in criminal lawsuit
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Bankrupt Lasik Vision Essentially Abandons Patients
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Irvine Firm Makes Bid for Converse
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Defense presses for dismissal of charges against ex-AHERF execs

Household debt nears record
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Bank group readies bid for bankrupt Bridge
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Federal bankruptcy court orders Vitts Networks to close by 5 p.m. May 9
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Dotcoms:

R.I.P. for PlanetRx
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Schools want that castoff dot-com furniture
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Growing Number Of High School/College Students With Credit Card Debt
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Japan:

Japan Becomes the Land Of the Falling Price
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Australia:

Apple takes hit with Buzzle debt debacle 

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Copyright 2001  [BKINFORMATION.COM]. All rights reserved.