April 4, 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

         
TWA:

AMR, TWA deal will continue
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TWA Sale To American May Close Soon
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Pilots at TWA say yes to sale; American Airlines will also seek an agreement with the union that represents other TWA workers
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Bankruptcy Reform:

Proposed legislation may swamp credit counselors
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Jury To begin Brennan Deliberations in bankruptcy fraud trial
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Bankrupt Firm Gives Leaders Bonuses
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Restructuring . . . 

APP restructuring has creditors nervous
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Layoffs Reportedly Loom at Morgan Stanley
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Citigroup Joins the Parade of Job-Cutters
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Sales Underway At Three Closing Strouds Outlets
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Telecoms:

PUC asks bankruptcy court to back off Vitts
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Firm's Bankruptcy Leaves Florida Internet Users Rushing to Find a New Provider
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Losses Halved at Sun Healthcare

Economy:

Stocks Plummet as Fears Grow Over Profits, China
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2 Reports Add to Economic Confusion
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Golden State S&L Damages Claim Revived
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  Republic Technologies Gets Financing
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Borden Chemicals files for bankruptcy
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Power Utilities:

Davis' deals on transmission grids still in doubt
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Edison Unit's Notes Paying Higher Yields
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Rate Hikes Revive Calls for Seizure of Power Plants
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Blackouts Could Kill Calif. Poultry
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Edison Subsidiary Sells $600 Million in Notes Despite Worries Over Power Crisis
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PSINet:

PSINet’s cash drain may lead to bankruptcy
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PSINet To Seek Bankruptcy Protection
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Dotcoms:

Wine.com cuts staff to stay solvent
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High-Tech Gear Resellers Feast on Dot-Com Scrapheap
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Webvan Says It Needs More Cash to Stay in Business
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Politicians pressure Bush to rescue steelmakers
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Ex-SciTek workers waiting on money - Retirement savings still tied up in Crutcher bankruptcy
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Bankruptcy cases in Toledo climb by record amount
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New Bankruptcy Opinions
(No new opinions today)

Friede:

Friede Goldman shares drop 63 pct on bankruptcy fears
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Friede might declare bankruptcy
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FGH may seek bankruptcy protection
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Bankruptcy Bad News for Asbestos Claimants
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Just try to remember -- we're all linked together
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U.S.A. Floral sells unit, goes bust
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Age 14, and Paying With Plastic - Parents and Banks Debate the Wisdom of Teen Credit Cards
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Vlasic accepts Hick, Muse bid for most of assets
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Bankruptcy Hearing for Tennessee-Based Medical Management Firm Response Oncology Takes Place
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P. J. Clarke's, an East Side Fixture, Files for Bankruptcy Protection
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Canada:

Lasik Vision Corporation Assigned into Bankruptcy
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Seeing red: Lasik Vision entering bankruptcy, new owner Icon Laser Eye says
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K-Net Golf Inc. files for bankruptcy
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Japan:

Japan's Corporate Woes Compound Bank Troubles   
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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.