August 1, 2001  

Daily Bankruptcy News

Brought to you by BKINFORMATION.COM - The Source for Business Bankruptcy Information on the Internet 

Also available on the Web (with links to the news stories)  at: http://bkinformation.com/News/DailyNews.htm

Prior editions available at http://bkinformation.com/bankruptcy_news.htm

         
AMF:  

Holding company AMF Bowling Inc. files for Chapter 11
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As Anticipated, Parent Of AMF Bowling Worldwide Files Voluntary Chapter 11 Petition
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Bowling Firm Won't Close Alleys During Bankruptcy Reorganization
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FASB Urged To Address Pro Forma Reporting
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Brobeck Offering Sabbaticals, Part-Time Options
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Baldwin:

Baldwin, lender meet today
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Baldwin woes deeper than thought
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Piano maker tells court its money problems severe
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Baldwin defaults on financing
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Bankruptcy Reform:

US House sets up final meetings on bankruptcy bill
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Time share's closure shuts out workers - Former employee claims Epic's handling of its financial difficulties was deceitful
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President Casinos pushing bankruptcy deadline
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Seattle: Etera files for bankruptcy
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Netia:

Netia denies talk of bankruptcy plans
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Netia Holdings: Bankruptcy Not Under Consideration
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First Union Shareholders Approve Merger With Wachovia
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Insurers to set aside additional billions for asbestos claims
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Brennan a liar, beginning to end
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MicroAge Emerges from Chapter 11 Reorganization
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Celebrity Adviser Giacchetto Agrees to Settle SEC Fraud Suit
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U.S. Consumer Confidence Unexpectedly Falls as Job Losses Reduce Optimism

Subprime loans doomed Baton Rouge firm
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Profile: Raye Curry

Jacksonville: Bankruptcy Bar keeps members informed

Utah: 70 JD Services Employees Recover Retirement Funds
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PacifiCare:

PacifiCare profit takes another plunge - health-care firm is seeking an extension on bank loans due Jan. 1
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PacifiCare Seeks to Extend Credit Facility And Secure New Long-Term Financing
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Aladdin Casino future uncertain after London Clubs takeover
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ST Systems Reports Continuing Suspension Of Sable Operations, Bankruptcy Counsel Hired
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  Power Utilities:

SoCal Edison's creditors push plan
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PG&E Hoping to Use Bankruptcy to Reduce $6 Billion Power Bill
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Churches, charities take pennies on dollar from PG&E
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Calif governor feels heat of staff energy investments
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Davis' advisers probed by SEC
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Governor tries to reassure Silicon Valley on power crisis
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Edison Int'l says can't raise funds for utility
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Power Firms Rev Up Lobbying Efforts
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Californians to face hefty increases in electricity charges
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Pryor creditors not yet listed
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Intira Corp. files for bankruptcy, will be sold to divine inc.

Video Update:

Video Update files reorganization plan
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Video Update, Inc. Files Plan of Reorganization and Disclosure Statement; Movie Gallery to Acquire 100 Percent Equity of Reorganized Company Under Plan
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Dotcoms:

Eulogizing Quokka
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Ex-Webvan chief to join TRW
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Internet Commerce files for Chapter 11 protection
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Tech firms seek escape from market
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Internet Commerce To Reorganize Under Chapter 11
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Bankruptcy filers need a legal lesson - Reaffirmed' debt is misunderstood
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Telecoms:

Metromedia surges on expectations
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WinStar to Fire More Than Half Its Workforce
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With NextWave Spectrum "Up In The Air," Cingular Buys Utah Airwaves In Move to Enter New Markets
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ABA proposes letting lawyers keep fewer secrets
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ABA Delegates to Weigh Conduct Rules, Multijurisdictional Practice
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Court OKs USG Corp. $350M Debtor-In-Possession Financing
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Viking Resources International, Inc. Retains New York Merchant Banking Firm to Assist With Legend Airlines, Inc. Transaction
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As it emerges from bankruptcy, patience frames Corners' new approach

Court grants estate of slain SunCruz founder control of firm 

Paper Cuts - Struggling Industry Watches Mills Close, Jobs Disappear
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New Bankruptcy Opinions
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Bankruptcy Jobs

Pioneer:

Pioneer files bankruptcy
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Pioneer Announces Filing Under Chapter 11 to Implement Restructuring Agreement With Secured Lenders
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Pioneer Announces 2001 Second Quarter Results
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Manufacturer of chemicals files for bankruptcy
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Coram Files Second Joint Plan of Reorganization And Disclosure Statement
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Telerate gets bid from familiar face
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Huffy Faces Rival Bidder for Schwinn's Bicycle Division
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First Edge Shuts Down

Investment manager Slatkin mum during bankruptcy hearing
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Conn. firm buys Vitts data center
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England:

From Newgate to new life
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KPMG's response to proposed bankruptcy reforms
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Outcry over competition and insolvency reforms Business groups condemn the Government's proposals to jail directors as part of its crackdown on cartels
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Insolvency Law Change Will End Crown Privilege
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Shake-up of Competition and Bankruptcy Rules
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A bankrupt idea that will leave us worse off
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Government faces anger over jail plan for cartels
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White papers raise doubts
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UK Govt Begins Consultation On Competition, Bankruptcy
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Bankruptcy rules relaxed
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Canada:

itemus succumbs to bankruptcy
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itemus Files for Bankruptcy
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Itemus lays blame for demise on U.S. investment
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Australia:

Disgraced QC's wife tells court tax was not discussed

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Japan:

DIC rejects Shinsei claim - Court battle likely over 130 billion yen in soured loans
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Japan Sawako Files For Rehabilitation; Debts Total Y2 Bln
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Japanese economy stumbles further
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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.