April 18, 2001 Daily Bankruptcy News

April 18, 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

Goldman throws gutter ball with AMF, bankruptcy likely (DBN Subscription Required) Corporate Woes Spawn New Executive Titles (DBN Subscription Required) Dotcoms: A Privacy Proposal for Dot-Com Bankruptcies (DBN Subscription Required) Body-Bag Capitalism - Creditors get a little consolation cash, instead of the foosball tables and other booby prizes of dot-com bankruptcies (DBN Subscription Required) Network Commerce says pressures could lead to bankruptcy filing Brother, can you spare a few mill? - Troubled consulting firms can hold out their hands, but it’s become survival of the fittest. (DBN Subscription Required) Tough Times for ISPs (DBN Subscription Required) ______________ Telecoms: Quick filing may be Winstar's best option (DBN Subscription Required) Winstar For Sale (DBN Subscription Required) Telecoms debt Cash crunch could push AXXENT into bankruptcy protection (DBN Subscription Required) Winstar May Seek Bankruptcy Protection (DBN Subscription Required) Nx Networks Cash Dwindles (DBN Subscription Required) Denver: Bankruptcy filing in works for Convergent ____________ Restructuring . . . Texas Instruments Plans Layoffs (DBN Subscription Required) ______________ Some Suffer Tax Hangovers From Microsoft Option Spree (NYT: free registration required) Rick Yorn denies all claims of fraud by Cassandra Group bankruptcy trustee (DBN Subscription Required) Faegre & Benson paralegal helps snare wanted property dealer charged with bankruptcy fraud (DBN Subscription Required) Japan: Mistaken cures for the Japanese economy (DBN Subscription Required) Japan's bad loan problem even worse than feared ______________	Texas laws help bankrupt companies (DBN Subscription Required) PSINet: PSINet posts a loss of $3.22 billion PSINet Teeters On Edge of Bankruptcy (DBN Subscription Required) PSINet calls bankruptcy 'likely' as debt mount $5bn losses push PSINet closer to bankruptcy (DBN Subscription Required) _______________ SunGard may lead Bridge bidding group (DBN Subscription Required) In the world of huge CEO salaries, failure doesn't matter (DBN Subscription Required) Bankruptcy hurts Trico sales effort Kaiser Group Holdings Announces Plans for Initial Distribution Under Kaiser Group International Plan of Reorganization (DBN Subscription Required) Shuttle America files for Chapter 11 bankruptcy Bankruptcy Reform: Bankruptcy increase tied to bill (DBN Subscription Required) Push for farm protection The lives of those beating the bankruptcy bill hint at the future ____________ Dozens of Comdisco managers may face personal bankruptcy, analyst says (DBN Subscription Required) Brennan: Judge Keeps Tycoon Convicted of Bankruptcy Fraud in Jail Until Sentencing (DBN Subscription Required) _____________ Fleet, Bank One Report Declines (DBN Subscription Required) ALENCO Acquires Reliant Assets (DBN Subscription Required) Turnaround experts: Glory, riches in reviving failures (DBN Subscription Required) London Fog Industries Exits Chapter 11 (DBN Subscription Required) From the Subprime to the Ridiculous (DBN Subscription Required) Judge OKs Wilkinson assets sales (DBN Subscription Required)	New Bankruptcy Opinions (No new opinions today) Power Utilities: The Point Man - Barry Goode leads the charge for Davis as his energy crisis negotiator (DBN Subscription Required) State's daily electricity bill hits $70 million, Davis says He blames PG&E bankruptcy, but GOP cites other contributing causes (DBN Subscription Required) FERC Holds Key to Power Prices in State This Summer (DBN Subscription Required) Edison Posts Huge Losses for Quarter, Year (DBN Subscription Required) Calif. utility has huge loss, Texans strike it rich (DBN Subscription Required) Looking for leverage: Legislature should reopen Edison deal (DBN Subscription Required) L.A. Plans Rebates for Cutting Back on Power (DBN Subscription Required) Davis Says Electricity Costs Rose After PG&E Bankruptcy (DBN Subscription Required) Punishing the Producers Could Add to Problem (DBN Subscription Required) Some suggest Edison follow PG&E into bankruptcy (DBN Subscription Required) Edison pays suppliers, interest to bondholders (DBN Subscription Required) Judge Favors Small Producer in Bout With Edison (DBN Subscription Required) Problems piled up while legislators took spring vacation (DBN Subscription Required) Power brokering - Governor tries to rally legislators' support for plan to buy Edison's transmission lines (DBN Subscription Required) SoCal Edison faces 17 lawsuits from power producers (DBN Subscription Required) PG&E Puts Positive Spin on Loss (NYT: free registration required) The Edison pact is a deal made for Wall Street (DBN Subscription Required) PG&E reaffirms 8-10 pct earnings target for 2001 (DBN Subscription Required) ____________ Weather Forecast: Enter City, State, or Zipcode: