April 2, 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:

PG&E Expects to Write Off $4 Billion - Charge resulting from electricity costs could lead to multibillion-dollar loss, may also heighten the risk of a bankruptcy filing by the utility
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Rate Increases May Be Just Beginning / Unanswered questions now may mean higher bills soon  

Calif. leads a forced march on conservation
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Politics and Power Cuts
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Analyst: PG&E Bankruptcy Is Possible
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Calif. May Hike Power Rates
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Enron, Other Consultants May Gain From California Energy Crisis
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Megawatts, Books And Bankruptcy
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California is no plug for private power
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Cancer-Treatment Company Response Oncology Files for Bankruptcy
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Financial woes hit key Triton client, as Advanced Radio Telecom files Chapter 11
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Big X founders have 'grave concerns' about new owners, believe committments to bankruptcy court, creditors are ignored
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VisionAmerica Files to Reorganize Under Chapter 11
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Creditors confront KPC Medical's officials
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State Demands Financial Data of Troubled Physician Groups
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JCC Holding Company Emerges From Bankruptcy; Casino Remains Open
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Brennan:

Former Financier Declines to Take Stand at His Trial on Bankruptcy Fraud Charges
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Defense Rests in Robert Brennans U.S. Bankruptcy Fraud Trial
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Potato processor's bankruptcy filing reaches into farms
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Bankruptcy court approves sale of TSR wireless assets
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Boston Attorney's Former Clients, Partners Use Involuntary Bankruptcy Petition To Seek to Recover Funds
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EcoScience Corporation Files for Reorganization With Agreement of Senior and Subordinated Lenders
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Rancho Cucamonga, Calif.-Based Home Builder Faces End of Bankruptcy Protection
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Lernout & Hauspie wins legal guarantee
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  Telecoms:

Verizon to maintain links for NorthPoint DSL
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Businesses face Net disruption because of telecom bankruptcies
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California Regulators Order Bankrupt NorthPoint to Continue Service
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Bankruptcy Is No Salvation - The future looks bleak for many carriers that filed for Chapter 11
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NorthPoint DSL demise offers lessons in size
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Some Companies Limited Gas Supplies to Maximize Profits, Report Says
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Morgan Stanley, Goldman Seeking Tenants for `Telecom Hotels'
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Fading PSINet has users in limbo
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Bidders Plot Comeback for a Satellite Network
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Junk-Rated Telecom Bonds Post Biggest Slump in 5 Years in March
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TWA:

Pilots, Airline Told to Resolve Union Fine
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LaRoche Disclosure Statement Approved - Confirmation Hearing Scheduled
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MicroAge:

Ex-Fortune 500 Co. MicroAge Is Giving Up
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MicroAge Files Plan of Reorganization
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Bankruptcy Court Opening Online Updates on Evergreen Case
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ReFlex files for bankruptcy
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Restructuring . . .

Body Count: March 30, 2001
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Technology Concern C-Cor.net to Eliminate 700 Jobs, Close Two Plants
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Sigma to pay creditors
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IRS lets some settle for 12 cents on the dollar  

Crown Books: Stores' Woes Open Door to National Chain
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Movie Theater Industry:

Theaters May Revive as Community and Learning Centers
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Furrs Execs to Bag Big Bonus Bucks

PlanetRx To Sell Off Assets
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When following the rules could lead to bankruptcy
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New Bankruptcy Opinions
(No new opinions today)

Bankruptcy Reform:

Bush's compassionate mask drops
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U.S. cracks down on personal bankruptcies
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Bankruptcy Reform Fails to Effect on Riverside, Calif.-Area Filings
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Credit problems? Politicians blame you, not marketers
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Bankruptcy Law Changes Will Hurt Citizens
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Bankruptcy proposal draws fire
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Bush's Tilt Toward Business Puts Risk in Veto of Reforms
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Involuntary Chapter 11 filing against Lodestar Energy
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Bankruptcy is possible for REAnet
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Anna Nicole:

Snow on the roof but lots of money in the mattress
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No Question Too Invasive at Bankruptcy Hearings
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Virginia Beach, Va.-Based Internet Software Developer Files for Bankruptcy
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Dotcoms:

APBOnline returns - in court
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Work.com Is Sold for Mere $500,000 to Business.com
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Lots of legal challenges when dot-coms die
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Batteries Not Included: Play Co. Finds Toy Business Is Not Child's Play
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Divine Gorges on MarchFirst
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LTV Records Charge of $139 Million Related to Trico Steel Investment
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Key Plastics Plan of Reorganization Confirmed by Court
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Japan:

FSA nearing completion of writeoff plan for banks' bad loans
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Korea:

Founding family gives up Hyundai Engineering control
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Norway:

Bankruptcies soar in Norway
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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.