August 24, 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

         
Power Utilities:

Edison rejects bailout provisions
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SoCal Ed Doesn't Support Calif Assembly Rescue Plan
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Legislators wrestle with Edison rescue plan
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Edison Bailout Plan 'Workable'
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Developments in California's energy crisis
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Edison Fighting Provision of Latest Rescue Plan in Legislature
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Calif Assembly Rescue Bill Leaves SoCal Edison $1B Short
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Power up Edison Co.
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What's Next for Edison? A Primer
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Companies put recession worries over energy costs
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PG&E's shoddy service
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A Shift in Seasons for the Energy Crisis
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FERC, Calif. officials at odds over new state board
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City threatens to pull the plug on PG&E's franchise agreement, saying utility stalls on electric work
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Laying Out The Pitfalls Of A Record Munibond
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That's Entertainment, Leisure Business Lead The Charge Into Ch. 11
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Warnaco Troubles Mount
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Pathmark and Wakefern bid to run bankrupt Big V
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Akron, Ohio-Area Furniture Company to Close Stores
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Bankrupt Alabama film converters for sale
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New US jobless claims push total to 9-year high
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Amerijet explores financing, merger options
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Legal discussions delay EnvisioNet purchase
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Dinuba, Calif., Hospital Files for Bankruptcy
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Success Magazine Shuts Raleigh, N.C., Offices; Staff Left Unpaid
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Asbestos 'will not cripple insurers
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Maine: B&A creditor seeks bankruptcy court intervention
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Washington Group:

As bankruptcies go, mammoth WGI case is one for the books
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Washington Group creditors headed for a 'cramdown'
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Raytheon responds to WGI's allegations in bankruptcy court
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Raytheon: Facts Show WGI Financial Wounds Self-Inflicted
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Customers to Keep Discounts in Atlanta-Based Wolf Camera Deal
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  Cooley Godward:

Cooley Godward First to Blink, Lays Off 86 Lawyers
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Lawyer layoffs: Cooley Godward cuts 85
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Reports in U.S., Abroad Point to Continuing Job Losses
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Dotcoms:

Exodus deal on horizon?
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What killed The Industry Standard?
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Party ends for Net magazines
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Excite could swim with the fishes soon
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Exodus Bondholders Shrug Off Latest Takeover Talk
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HealthOnline fails, files for bankruptcy
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Newport Creamery:

Creditors to Get Money Owed Them in Rhode Island Eatery's Reorganization Plan
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Newport Creamery appoints new managers as judge decides installment of independent trustee
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Telecoms:

Federal appeals court rejects FCC request to delay order in airwaves license case
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Hillsboro, Ore.-Based Cable Company Files for Bankruptcy
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GT Group Telecom takes hit over debt concerns
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Court Denies Stay in NextWave Case
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Debt woes come home to roost
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European telecoms jobs slashed
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Baldwin is provided fast cash, deadline
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Journalists feel the pain in U.S. economic downturn
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George Young:

Bankruptcy Court in Kansas City, Mo., Takes Over Cattle Buyer's Holdings
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Court questions whether rancher counted assets more than once 

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Washington: Under bankruptcy protection, Zephion sells assets to Masergy

Bankruptcy trustees appointed in cattle investment case
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Garden Way planned move prior to deal
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American Appliance:

Maytag will honor bankrupt American Appliance contracts
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Appliance Firm Says Repaired Goods Can Be Retrieved
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The Art of Selling a Distressed Company
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Months later, insurer Reliance sticks East Hartford with bill
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New Bankruptcy Opinions
(No new opinions today)

Bankruptcy Jobs
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Bankruptcy Court Web/Pacer Site Directory

Judges' Actions in Bankruptcy Cases
Affect More Than Just Creditors
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Steel:

Bid To Disband LTV Equity Panel Put Off To Sept 11
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Lenders of Youngstown, Ohio, Steel Mill Recommend Auction of Equipment
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__________________

Wexford to lend bankrupt Midway $15M
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Midway:

Midway Airlines Asks Judge to Approve $15 Million Credit Line to Keep Flying
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Bankruptcy Court Approves Part of Loan for Raleigh, N.C.-Area Airlines
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Loan expected to let Midway pay employees 

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Restructuring . . .

Lucent cuts 2,200 jobs as part of restructuring effort
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Lucent speeds overhaul, cost-cutting
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Cisco Shake-Up to Streamline Operations
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_________________

Canada:

Dylex to start auction for Fairweather chain
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Danbel lenders force restructuring, advance $1 mln
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Interim Receiver Appointed For Danbel Indus Units
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England:

There are probably more misconceptions about insolvency than any other aspect of business
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Life After Debt
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Independent Insurance chief declared bankrupt
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Bankrupt Bright puts house on sale
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Independent Insurance boss to sell homes after declaring bankruptcy
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Lady V's Shop Runs Up Debts Of Pounds 350,000
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Deal To Sell The Dome May Be Done In Secret
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Japan:

Japan's Jobless Rate to Rise
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______________

Korea:

AIG Finds Hyundai Offer Unacceptable
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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.