April 19, 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

         
Moody's scraps SPVs, suggests true sale might not be needed
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Power Utilities:

PG&E Co. Issues Statements On the Increase in the State's Cost for Power
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Bankruptcy Threat Could Cross the Border
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California Energy Crisis Could Cripple U.S. Economy
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State bill for power up 57%, Davis says - Rates jump in 2 weeks since PG&E bankruptcy

Davis says Edison agreement may need altering
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Lawmakers fear bankruptcy filing won't focus on wholesale prices

Power to the People? Empower the Regulators
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Regulators OK New Electricity Plant
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Calif. utility rescue plan seen in severe trouble
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Calif. governor throws weight behind power plant
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California Energy Crisis Blamed on Politicians
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Dotcoms:

Network Commerce ponders bankruptcy
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marchFIRST to sell more assets after filing for bankruptcy
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Rooster.com trims more staff
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eGlobe Files Voluntary Chapter 11 Petition
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Quokka Suspends Remaining Online Sports Coverage, Prepares For Bankruptcy
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Raytech creates asbestos trust, exits bankruptcy
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  Delaware halts first-day bankruptcy hearings
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Acquisition of Wachovia Could be Long and Bloody
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Bankruptcy Reform:

Bush Asked to Appoint Privacy Czar
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Chance:

Amusement ride maker Chance Industries seeking bankruptcy protection 

Chance Files for Chapter 11
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Air cargo carrier Kitty Hawk files reorganization plan
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Dangerous Options Causing Bankruptcies
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Convergent:

Convergent may declare bankruptcy
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Convergent CEO landed $20 million bonus
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LTV Planning To Cut $261M in Costs
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Telecoms:

Waiting for Wireless
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BEII to Acquire Bankrupt Broadband Network Provider
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Telecom Downturn's Toll Grows
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US telecoms hit by Winstar filing for Chapter 11
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Montgomery Ward Appoints CONSOR and Newmark Retail Financial Advisors for Sale of Trademarks and Brand Assets
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Precept Business Services Receives Bankruptcy Court Approval For Sale of Subsidiaries
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New Bankruptcy Opinions
(1 new opinion today)

Winstar:

Bankrupt Winstar sues Lucent
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Winstar Files for Bankruptcy, Sues Lucent
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Office.com files for Chapter 11 bankruptcy
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Winstar Calls on Bankruptcy Filing to Reverse Slide
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Winstar sues Lucent for $10 B; files bankruptcy

Winstar files for bankruptcy, continues service
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PSINet:

PSINet Reports $3.2 Billion Loss Internet Pioneer Says a Bankruptcy Filing Is Likely
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PSINet: Colossal Cleanup in Aisle 5
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Fusion Networks says will cease operations, may file bankruptcy
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Teletouch Reports Results for Third Quarter of Fiscal 2001, Bankruptcy Possible
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Bad loan business - Bankrupt AppOnline.com accused of fraud and other misdeeds
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Friede won't get $100M loan to ease debt
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Lower Rates Alone Won't Loosen Loans
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Finland:

Legal committee prepares for IT bankruptcies
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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 

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