April 3, 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

         
Bankruptcy Reform:

Bad for Debtors, Worse for Mothers
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Bankruptcy bill a credit-card bailout
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Bankruptcy path is a rocky one for poor debtors
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Bankruptcy bills delayed
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Bankruptcy changes would mean Vermonters keep less

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Power Utilities:

California--still Unplugged
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California power official urges more regulation
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Power Mess: 'Grab Bull by the Horns'
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PG&E delays 10-K filing, expects $4.1 bln charge
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PG&E shares remain risky despite upgrade
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State, Edison Discussed Pact to Pay Off Firm's Huge Debt
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Edison Int'l delays 10-K filing, may take $2.7 bln charge
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Republic Technologies:

Republic Technologies to reorganize
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Republic in bankruptcy
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Republic files for bankruptcy - Steelmaker, with plants in Gary, Harvey and Chicago, says merger costs forced Chapter 11
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Fairlawn company's filing spurs new calls for government to help
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Another northeast Ohio steel company files for bankruptcy
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United Steelworkers: Republic Technologies Bankruptcy Underscores Need for Comprehensive Solution to Steel Crisis
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Former Lawrence companies move closer toward resolution in 4 year old bankruptcy cases
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Hicks Muse bids for bankrupt Vlasic
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Kraemer Textiles files for Chapter 11
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As retailers tank, REIT's funds from operations dive

Finova posts $1 billion loss
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Irvine, Calif.-Based Restaurant Company Prandium May Consider Bankruptcy
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  WR Grace:

Asbestos chases W.R. Grace into bankruptcy
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Fears increase as lawyers seek new asbestos targets after W.R. Grace
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W.R. Grace Files Chapter 11, Citing Asbestos Claims
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Chapter 11 viewed as tactic, not disgrace - Bankruptcy filings protect firms from multiple legal claims

Grace bankruptcy blamed on asbestos claims
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Grace seeks bankruptcy protection; Libby’s fate in limbo
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Analyst says Grace bankruptcy filing good business decision
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Bankruptcy carries risk for a healthy corporation
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CPAs seek to limit liability in insolvencies; lawyers oppose
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Dotcoms:

Life After Dot-com Death - Are Silicon Valley's Big Three about to get their comeuppance?
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Last year's nouveau riche this year face financial ruin
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Meltdown Glutting Resale Market
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Debtors' Social Security Checks to Be Garnished
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L&H founders to give up board control
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Ex-gov Wilkinson trying to block rival from bankruptcy case
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Aladdin:

$1.3 billion Aladdin struggles to make it on the Strip - may default without restructuring
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The Aladdin: Company in trouble, report says SEC filing shows auditors have doubts
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Restructuring . . .

Bear Stearns continues European hiring spree
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DuPont to Cut 4,000 Jobs
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Former Nassau Democratic chair begins 8-year prison sentence for bankruptcy fraud
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NFL fan tour deflates, involuntary bankruptcy filed
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New Bankruptcy Opinions
(2 new opinions today)

Unsecured TWA creditors ask court to stay American purchase
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U.S.A. Floral files for Chapter 11 bankruptcy
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Arena bankruptcy puts scare into equity fund
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N.J. Firms Offer 'Telepractice' as Hiring Incentive
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Ex-CEO makes comeback with bankrupt GST's Hawaii assets
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Telecoms:

PSINet: bankruptcy likely
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Telecom industry tanking
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Pathnet Files Petition for Chapter 11 Bankruptcy Protection
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Dallas-Based Wireless Company Unveils a Bankruptcy-Merger Strategy
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PSINet says delays annual report, may seek bankruptcy
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Metrocall, WebLink try Chap. 11 merger
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Rhythms looks for a way out
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Globalstar may file for bankruptcy protection
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Creditors, employees get stuck in DSLnetwrecks
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WebLink and Metrocall to Merge in Chapter 11 Deal
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Cancelled data center proves costly - As unraveling PSINet sells land back, developer Opus nets a $1.7M profit
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It's 'business as usual' at Imperial Sugar refinery despite bankruptcy
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SNK files for bankruptcy - The popular fighting game developer has reached the end of its rope
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Nevada Bob's Golf Auction to be Held For Brand Name and Other Intellectual Property
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Canada:

Pay famine for bankrupt Hull's staff
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Turkey:

Layoffs, Price Hikes Hit Turks - 2,000 chicken workers fired, 2 million chicks left to starve, freeze
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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.