August 13, 2001 Daily Bankruptcy News

August 13, 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

Court approves Berkadia's Finova plan (DBN Subscription Required) Polaroid: Polaroid bondholders get secured status (DBN Subscription Required) Polaroid Plans Extension on Waivers (DBN Subscription Required) __________________ Role in Monster Magazine Drama May Haunt Lawyers (DBN Subscription Required) Power Utilities: UST: David and Goliath struggle with power utility (DBN Subscription Required) Edison Int'l charges agency with withholding info (DBN Subscription Required) Calif. now faces specter of a power glut - Projected surplus could prove costly (DBN Subscription Required) State Power Authority takes first step (DBN Subscription Required) ______________ Dow Jones buying Bridge units (DBN Subscription Required) Dotcoms: E-currency site Flooz goes offline (DBN Subscription Required) _________________ Bridge: Bridge Information Systems dismantling news operations (DBN Subscription Required) Bridge News seen laying off most staff-sources (DBN Subscription Required) ___________________ Trying To Save Xerox (DBN Subscription Required) FTI Consulting Profits From the Failures of Business (DBN Subscription Required) Moody's pummels Imax senior notes: Predicts liquidity shortfall, need for restructuring It's a Grand Time to Be a Workout Artist (DBN Subscription Required) Colorado bankruptcy judge may be nominated to district court position (DBN Subscription Required) Credit Card Charge-Off's Are Not Yet Seen As A Threat For ABS Issuers (DBN Subscription Required) Maine Poly: Company spent workers’ money (DBN Subscription Required)	McCook foils Michigan Avenue's plans (DBN Subscription Required) Bad news buoys bonds: Look for 25-point rate cut (DBN Subscription Required) Telecoms: Telecoms Deal with Debt by Just Getting Rid of It (DBN Subscription Required) Telecom defaults drawing comparisons to S&L crisis (DBN Subscription Required) Who will survive the broadband shakeout? (DBN Subscription Required) Telecoms: You Can Hardly Give 'em Away (DBN Subscription Required) Huge debt load threatens to short-circuit industry (DBN Subscription Required) Failed Viatel auction stokes bondholder fears (DBN Subscription Required) Lines lie silent as demand falls short (DBN Subscription Required) Rhythms Net shuts service, cuts staff (DBN Subscription Required) ________________ Garth Hudson Files for Bankruptcy (DBN Subscription Required) Snyder Home Builders searches for DIP (DBN Subscription Required) Brunei Auction: Prince's Cleaning Set Brings Top Bid (DBN Subscription Required) Prince's dry cleaning kit fetches £14,000 (DBN Subscription Required) _________________ Ovitz Woes a Sobering Blow to Partners (DBN Subscription Required) DIC and HarperCollins make fresh bid in fight for Golden Books assets (DBN Subscription Required) Loewen: Loewen loss widens as selloffs continue: 45 properties sold (DBN Subscription Required) Loewen's Q2 loss widens as reorganization drags on (DBN Subscription Required) _______________ Halliburton seen weathering asbestos claims (DBN Subscription Required) L&H Chief Says Buyers in Sight (DBN Subscription Required)	New Bankruptcy Opinions (No new opinions today) Bankruptcy Jobs (DBN Subscription Required) Bankruptcy Court Web/Pacer Site Directory Real estate market weakening (DBN Subscription Required) Big V: Bankrupt Big V must pay to leave co-op (DBN Subscription Required) Bankruptcy Court Ruling Upholds Wakefern Stockholders' Agreement (DBN Subscription Required) ________________ Furrs Announces Additional Store Closures; Fleming Opts Not to Acquire Four More Stores (DBN Subscription Required) Court approves Comdisco bid procedures (DBN Subscription Required) When start-ups fall flat, millionaire wannabes don't always exit gracefully (DBN Subscription Required) Herbert Brill / Conneaut Lake park trustee banking on stock offering SunCruz on carpet for $10,000 freebie (DBN Subscription Required) Firestone Faces $1 Bln Lawsuit After Ford Settled (DBN Subscription Required) England: Bankrupt, disgraced and ridiculed - but still the Hamiltons stand and fight their corner (DBN Subscription Required) Redstone faces FSA inquiry (DBN Subscription Required) ________________ Korea: Daewoo founder bought French vineyard with company money (DBN Subscription Required) ______________ Japan: IMF sees Japan recession this year (DBN Subscription Required) ______________ Canada: Sirois heads for the hills (DBN Subscription Required) _______________ Weather Forecast: Enter City, State, or Zipcode: