April 12, 2001 Daily Bankruptcy News

April 12, 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: S&P doubts credit ratings will improve soon for SoCal (DBN Subscription Required) Judge Puts PUC's Court Duel With Utility on Hold Failure to Buy Entire Network May Doom Davis' Power Deal (DBN Subscription Required) Judge orders Enron to give Calif. universities power (DBN Subscription Required) PG&E Partial Tax Payment Won't Impact Ratings (DBN Subscription Required) Different Ways Of Coping for PG&E, Edison / It may take years to determine if bailout or bankruptcy was wisest PG&E's Money Transfers Focused On (DBN Subscription Required) California ISO frets about transmission in wake of utility reorganization (DBN Subscription Required) Two Energy Rulings Are Bad News for State (DBN Subscription Required) Calif. Governor Signs Two Energy Efficiency Bills (DBN Subscription Required) PG&E bankruptcy renews focus on billions utility transferred EPA Seeks Dismissal of Power Utilities' Suit Court Challenge of Decision to Order Lower Mercury Emissions Termed Premature (DBN Subscription Required) A Light in the Tunnel? (DBN Subscription Required) BMO, CIBC feel heat over California utilities (DBN Subscription Required) NRG Comments on PG&E Chapter 11 Filing (DBN Subscription Required) States say federal government needs to act to stem energy crisis (DBN Subscription Required) Federal regulators may soon begin monitoring electricity market PG&E Leaves County Coffers On Light Side / Bankruptcy halves tax payments Generators set aside reserves for California crisis (DBN Subscription Required) Cracks Seen in Resistance to Energy Price Caps (DBN Subscription Required) Energy Cost Study Critical of Public Agencies Too (DBN Subscription Required) ______________	Visiting judge rankles Delaware bankruptcy court (DBN Subscription Required) Bridge: Bridge Receives Three More Bids (DBN Subscription Required) Reuters submits bid for some Bridge assets (DBN Subscription Required) ______________ Dotcoms: When Dot-Coms Tank, Who Gets the Desks? (DBN Subscription Required) TRUSTe says merging, bankrupt firms must honor privacy (DBN Subscription Required) Kozmo Shuts Down Web Site (DBN Subscription Required) Loudeye closes operations, lays off 135 (DBN Subscription Required) Musicbank calls it quits (DBN Subscription Required) B2B exchanges fail to deliver ______________ US car industry in spiral of decline, says expert (DBN Subscription Required) Consumers dig perilously deep into debt (DBN Subscription Required) Arizona: Bankruptcy filings way up in state (DBN Subscription Required) Amid slowdown in economy, bankruptcy filings on the rise Chicago Trading Firm Files for Bankruptcy (DBN Subscription Required) Power Utilities (cont.): Leadership in Power Crisis (DBN Subscription Required) Houston Firm's Bid to Quit Selling Power to California Colleges Is Blocked (DBN Subscription Required) Markets indicate even higher prices for summer power (DBN Subscription Required) Impact of Edison Deal Hard to Assess (DBN Subscription Required) S&P Affirms PG&E-1 Stranded Cost ABS (DBN Subscription Required) Power Crisis: Fog Begins to Lift (DBN Subscription Required) Berkeley Plant Sues PG&E Over Unpaid Bills ____________	New Bankruptcy Opinions (No new opinions today) Heilig-Meyers Will Close Namesake Stores (DBN Subscription Required) LTV To Close Cleveland Steel Mill (DBN Subscription Required) Auditors Question Krause's Viability (DBN Subscription Required) PinPoint misses the mark, files for bankruptcy (DBN Subscription Required) Roanoke: Companies file involuntary petition, claim Business Service Associates embezzled money (DBN Subscription Required) Mainers scramble for debt protection (DBN Subscription Required) Struggling To Avoid Bankruptcy, Chiquita Jumps on Banana War Truce (DBN Subscription Required) Judge tells jurors in Brennan bankruptcy fraud trial to keep deliberating (DBN Subscription Required) Privacy group issues guidelines on bankruptcy and privacy practices (DBN Subscription Required) Restructuring . . . Motorola to divest non-core units (DBN Subscription Required) PSINet Cuts Jobs in Cash Crunch (DBN Subscription Required) ____________ Canada: Creditors of Confederation Treasury Services Limited to Receive Second Distribution of Funds (DBN Subscription Required) ____________ England: Bankrupt twist to pensions scandal (DBN Subscription Required) SPL hits back at bankruptcy claims (DBN Subscription Required) ____________ Japan: Japan May Cut Economic Growth Forecast to Below 1%, Paper Says (DBN Subscription Required) ___________ Korea: Creditors Warn Hyundai on Funding (DBN Subscription Required) ___________ Weather Forecast: Enter City, State, or Zipcode: