April 26, 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:

Price Curbs Placed on Electricity In Calif.
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Republicans May Block Power Bill
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Calif.'s energy woes draw diverse plans
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It's time for politicians to be honest about the energy crisis
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PG&E Seeks Court Permission to Continue Low-Cost Hydroelectric Power Purchases
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Davis Names Executive to Speed Construction of Power Plants in State
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Stage Two Electrical Emergency Triggered by Regional Supply Shortage
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Power crisis forces Kern County refinery into bankruptcy

Ripples: California Oil Firm Files for Bankruptcy Due to Problems at Oildale Refinery
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California Bonds Get Cool Reception After Downgrade
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Mirant Q1 Profit Jumps 84 Percent
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Calif. utilities to report on small power suppliers
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$5 billion blackouts
Study predicts power failures will wreak havoc with Bay Area economy

New Energy Czar Gives Davis Some High-Voltage Help
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Bankruptcy Increase Is Ill Wind for Credit Card Companies
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Bookstore bankruptcy moving at 'unheard of' speed - Wilkinson company still filing financial papers 

Stage Stores:

Stage Stores Announces Filing of Plan of Reorganization and Disclosure Statement
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Stage proposes using its stock to pay creditors
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LTV:

LTV Sells VP Buildings
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USW, LTV open talks to cut costs

LTV Denies Ultimatum to Steelworkers Union
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LTV Threatens To Close Its Doors
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Steelworkers vow to fight concessions
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  Attorneys file restraining order to keep bankruptcy judge from removal
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Telecoms:

World Access may sue Deutsche Telekom overseas
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Lucent 'severely impacted' by Winstar bankruptcy
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Debt-defying 360networks fights default rumours
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Financial woes entangle telecoms Industry expects worse before recovery, putting a drag on economy
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PSINet: The rise and fall of a loner
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Dominos: Winstar Bankruptcy  Forces AtLink Into Bankruptcy
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Class Action Lawyers Respond to Winstar Bankruptcy, Case to Continue
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Receiver takes over Axxent, cuts staff
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Losses at US telecoms giants deepen gloom surrounding sector
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Auction for Bridge assets seen ``very fluid''
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Owens Corning Pursues Restructuring, Growth Initiatives
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Dotcoms:

Valued Asset: User Lists
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Smarter, smaller dot.coms buck the bankruptcy trend
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Dot.com bombs do some damage to stadium names  

Venture Capital's Biggest Losers
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More problems for Broad Capital companies
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American Appliance:

American Appliance deciding on details
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NJ offering help for American Appliance customers
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Bankruptcy Court Order Approves Purchase and Sale of PlanetGood Technologies, Inc. Assets
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W.R. Grace's net income plummets 40%  

High-tech sun goes down  

Conference targets remedies for ailing steel companies
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New Bankruptcy Opinions
(No new opinions today)

L&H Korea throws in the towel
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Dallas: PrimaCare clinics seek bankruptcy protection

Aladdin casino awaits magic carpet ride
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Laser Mortgage to liquidate and dissolve company
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Auction Company to Sell Assets of Wayne, N.J.-Based Grand Union Supermarkets
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CBL & Assoc. Expects Lower Q2 and Q3 Earnings Due To Expectation Of Increasing Tenant Bankruptcies
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Surety Writers Nervously Optimistic as Economy Slows
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National Airlines board member sued by casino partner
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The subtle art of getting paid  

Farmers Co-op seeks to shed assets at auction
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Hey, Big Spender
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Past money woes, bankruptcy may hurt city council candidate - politician says bankruptcy experience has prepared him for job
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Embattled, bankrupt Stevens Financial Group lays off workers
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Customers of bankrupt natural gas company to lose gas supply on Friday - No offers for company, even for $100
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Restructuring . . .

La-Z-Boy announces job cuts, plant closures
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Sara Lee to Reduce Manufacturing Output; 1,400 Jobs to Be Cut
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Burger King names chief operating officer
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Canada:

Algoma failure could wipe out pension guarantee fund
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Algoma pensions may be big problem
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Fired Vancouver city treasurer declared bankruptcy three times
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