August 20, 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

         
Waste Management: Creditors back request to transfer Laidlaw bankruptcy case
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Telecoms:

Is NextWave Bluffing?
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PointOne is latest telecoms sector casualty
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Broadband markets find only narrow trader interest: Telecoms downturn raises doubts over bandwidth exchanges
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Ever-shifting world of ISPs has some customers fuming
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As part of bankruptcy plan, telephone company pulls plug on Houston

Lehman analysts skeptical of NextWave's launch
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Metromedia Fiber Restructures Vital Credit Facility
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Struggling DSL market limits consumer options

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Steel:

Panel says U.S. can impose tariffs on steel from Argentina and South Africa
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Founder, Creditors Differ as to Loki's Future Course
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Paul Harris rebirth to begin in Carmel
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Edison Rescue Bill Unlikely to Pass, California Lawmakers Say
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Alternative financing - Business owners consider options ranging from credit cards to bankruptcy

Imperial Sugar Company to Sell Michigan Sugar Operations
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Power Utilities:

Davis renews hopes of saving Edison from presumed bankruptcy
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Lawmakers return to Edison situation - The debt-laden utility is threatening bankruptcy unless a plan is forthcoming
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California governor working on amendments to Edison package
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Developments in California's energy crisis
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Calif Lawmakers Face Last Chance To Save Util-CFO
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DWR underestimates revenue needs, SoCal Edison says
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SCE To Manage Calif's Power Pacts If Rescue Plan Passes
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Just What We Need: Another State Energy Bureaucracy
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Californian power
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Can California legislature save No. 2 utility?
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Utility's move to isolate assets raises controversy
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Davis launches offensive for Calif. utility plan
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Des Plaines dealer files Ch. 11
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Life after plastic
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Something out there is bugging big companies
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Sames Corporation Announces Filing of Chapter 7 Voluntary Bankruptcy Petition
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Midway:

What the Midway Airlines Bankruptcy Means to its Passengers
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Demand for Midway Airlines' Tickets Remains Strong
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  Grove Worldwide bondholders exact revenge
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Anna Nicole:

Teamwork Helps Small Texas Firms Juggle Anna Nicole Smith Case Plus Others
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Investor gloom sends stocks down
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McCook Metals files for bankruptcy protection
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Dotcoms:

Dot.comedy of errors
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Goodbye
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New Economy Magazines Dealt Blow by San Jose, Calif.-Area Publication's Woes
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A Different Tack Than Tech
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Lack of Funding from IDG Sealed Standard's Fate
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At Home at Risk of Nasdaq Delisting
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E-government company files for Chapter 11

Industry Standard finally succumbs to the trends it covered
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Publisher to Close Industry Standard
As Ad Slump Claims Another Victim
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Pentagon Targets Stars and Stripes,
Leaving Ex-Staffers to Wonder Why
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ViTech:

Miami-Based Computer Supplier Files for Bankruptcy Protection
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Losing Gateway Fight, Vitech Files Ch. 11

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Low-fare airlines try to benefit from industry's turmoil
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Wells Fargo Retail Finance Facilitates the Right Start's Acquisition of Zany Brainy
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Loewen, creditors closer to accord
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Comdisco:

Comdisco CEO set for payments
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Comdisco Creditors Seek Immediate Trading Wall Approval
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The Pioneers
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Twin Cities: Health Risk Files Chapter 11

TWA's Unsecured Creditors May Receive Just 4% Of Claims
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Cat fight: Judge jumps too high, too fast
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Krause's packs it up at Houston stores as part of reorganization

SunCruz:

SunCruz mystery millions in dispute
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SunCruz battles for Port Canaveral dock site
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Potential buyers eye Maine Poly
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California retailer picks up Weiner's pieces

Consumers Owe $7.3 Trillion in Debt; Forecasters Predict 1.4 Million People May File For Bankruptcy This Year
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Economic Whiplash: Slump Has No Borders
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Creamery's creditors want new leadership
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New Bankruptcy Opinions
(3 new opinions today)

Bankruptcy Jobs
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Bankruptcy Court Web/Pacer Site Directory

Bankruptcy Reform:

Bankruptcy counseling doesn't always make sense
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Bankruptcy Is Moving

Homestead exemption final hurdle for bankruptcy reform
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Bankruptcy document privacy rules
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Piano Maker Says it Has Agreed to Amended Financing Plan
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Liquidation, assigning assets are alternatives to bankruptcy

Minnesota bankruptcies on rise
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Sharks in Tempting Tech Waters?
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Canada:

Creditor demands receiver for Dylex
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Creditors OK Canadian oil mogul's resort rescue
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Dynasty Motorcar Corporation extends temporary shutdown
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Judge orders Dylex into receivership
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Spain:

Spanish "paid" 1.4bn euros to tackle bankruptcy since 1996
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Korea:

Korea seeks to wrap up Daewoo talks this month
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Corporate Bankruptcies at 10-Year Low
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England:

The winners and losers in lottery-backed attractions: The mixed record of the Millennium Commission
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Bankruptcy order in Somaia case annulled
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'Recycling law could bankrupt car makers'
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Scotland:

Scotland's largest publishing company is facing bankruptcy
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Japan:

Private US team to advise Japan on bad loans
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More drastic steps needed to revive economy
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Japan must restore its humanity
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Fujitsu to cut 15,000 workers by March
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Brazil:

Central Bank publishes report about Bamerindus bankruptcy
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India:

Sick Companies Act changed
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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.