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
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Polaroid:

Polaroid bondholders get secured status
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Polaroid Plans Extension on Waivers
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Role in Monster Magazine Drama May Haunt Lawyers
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Power Utilities:

UST: David and Goliath struggle with power utility
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Edison Int'l charges agency with withholding info
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Calif. now faces specter of a power glut - Projected surplus could prove costly
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State Power Authority takes first step
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Dow Jones buying Bridge units
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Dotcoms:

E-currency site Flooz goes offline
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Bridge:

Bridge Information Systems dismantling news operations
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Bridge News seen laying off most staff-sources
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Trying To Save Xerox
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FTI Consulting Profits From the Failures of Business
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Moody's pummels Imax senior notes: Predicts liquidity shortfall, need for restructuring  

It's a Grand Time to Be a Workout Artist
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Colorado bankruptcy judge may be nominated to district court position
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Credit Card Charge-Off's Are Not Yet Seen As A Threat For ABS Issuers
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Maine Poly: Company spent workers’ money
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  McCook foils Michigan Avenue's plans
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Bad news buoys bonds: Look for 25-point rate cut
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Telecoms:

Telecoms Deal with Debt by Just Getting Rid of It
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Telecom defaults drawing comparisons to S&L crisis
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Who will survive the broadband shakeout?
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Telecoms: You Can Hardly Give 'em Away
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Huge debt load threatens to short-circuit industry
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Failed Viatel auction stokes bondholder fears
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Lines lie silent as demand falls short
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Rhythms Net shuts service, cuts staff
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Garth Hudson Files for Bankruptcy
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Snyder Home Builders searches for DIP
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Brunei Auction:

Prince's Cleaning Set Brings Top Bid
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Prince's dry cleaning kit fetches 14,000
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Ovitz Woes a Sobering Blow to Partners
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DIC and HarperCollins make fresh bid in fight for Golden Books assets
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Loewen:

Loewen loss widens as selloffs continue: 45 properties sold
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Loewen's Q2 loss widens as reorganization drags on
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Halliburton seen weathering asbestos claims
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L&H Chief Says Buyers in Sight
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New Bankruptcy Opinions
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Bankruptcy Jobs
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Bankruptcy Court Web/Pacer Site Directory

Real estate market weakening
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Big V:

Bankrupt Big V must pay to leave co-op
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Bankruptcy Court Ruling Upholds Wakefern Stockholders' Agreement
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Furrs Announces Additional Store Closures; Fleming Opts Not to Acquire Four More Stores
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Court approves Comdisco bid procedures
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When start-ups fall flat, millionaire wannabes don't always exit gracefully
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Herbert Brill / Conneaut Lake park trustee banking on stock offering

SunCruz on carpet for $10,000 freebie
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Firestone Faces $1 Bln Lawsuit After Ford Settled
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England:

Bankrupt, disgraced and ridiculed - but still the Hamiltons stand and fight their corner
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Redstone faces FSA inquiry
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Korea:

Daewoo founder bought French vineyard with company money
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Japan:

IMF sees Japan recession this year
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Canada:

Sirois heads for the hills
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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.