August 27, 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:

Critics say state is inflating its costs - PG&E lawsuit claims difference is $3 billion
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'Green' energy firms urge bailout of Edison
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City Light confirms in talks for Edison Int'l
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Edison's Shaky Status Underscored by Offer
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Doubts Swirl Over Reported Bid for Edison
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California Utility Gives No Guarantees on Accepting State Rescue Plan
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Energy Companies Spend Millions to Try to Sway Views in California
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Private firm offers option for Edison
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News in brief on the state's power crisis
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California's first power authority board debuts
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California Lawmakers Makes Concessions to Help Save Utility
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President expresses concern about ``paltry'' growth of economy
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Comdisco secures $450M DIP loan
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How to Deal with Deadbeats - As clients take longer to pay -- and these days, they are -- cash-strapped entrepreneurs have to get tough or pay the price 

Rising Costs, More Than Falling Revenue, Hurt Midway Airlines
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Plane builder's bankruptcy delays Colombia drug-spraying
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A consuming passion - Public spends with gusto despite economic storm clouds
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Consultant Fees Plunge in Tech Field
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George Young:

Missouri cattleman accused of cheating investors out of millions in livestock scheme
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Judge OKs sale of cattle - Investors' losses could reach $200 million, a bankruptcy trustee says of the case
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Bankruptcy filings jumped 24.5 percent in second quarter, hitting new record
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Slatkin: Raid at Home of California Money Manager's Associate Nets Nearly $400,000
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Creditor asks court to monitor rail line
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  Lawyers falling victim to Silicon Valley slump
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Firms Quietly Lose Lawyer Weight - Cooley's layoff a public gesture in year-long effort to slim down
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Asbestos:

To the Rescue - Maura Abeln Smith has a second chance to end Owens Corning's asbestos nightmare. Will she?
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No End in Sight for Asbestos Suits - Claims predicted to double, bankrupting the industry
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Telecoms:

Teligent sold for $115M
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Dead firm walking - Excite@Home limps on
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Wrangle over NextWave licenses puts telcos in a quandary
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Bankruptcy gives Bay area access to broadband carrier
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Winstar may be forced to borrow more
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What's behind At Home's woes, from ground up
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Dotcoms:

Egghead sale could crack on privacy issues
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IDefense Files For Bankruptcy
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Flooz.com shuts down, plans to file for bankruptcy
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Horizon still cloudy: The dotcom storm isn’t over
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Billboards still promote dead dot-coms
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Finding gold in dot-bombs' idle software
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Bellwether Exodus' sale speculation points to Web hosting turmoil
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The Shutters Are Down at Cyberpix
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The Angler: The Industry Standard unplugged
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For Dot-Com Workers, Double Trouble Post-Bubble
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Bridge:

Bridge employees file objections to severance package
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MoneyLine Network paying $10 million for Bridge's Telerate unit
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Sulzer Medica falls 16.7 pct on possible dilution, bankruptcy fears
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New Bankruptcy Opinions
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Bankruptcy Jobs
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Bankruptcy Court Web/Pacer Site Directory

Wave of High-Tech Failures Could Become Deluge
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Newport Creamery's New CEO Charged With Reining in Finances
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Trustee appointed to run bankrupt Snyder
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Fleet uses ABCP route to arrange mega funding for restructuring of Finova: vulture funding?

Bankruptcy Boom Can Be Bust for Biz Docs
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Restructuring . . .

Hitachi set to cut 20,000 jobs
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Hughes' DirecTV unit enters five weeks of layoffs
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E-Biz Provider FairMarket Lays Off 35 Percent
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Bankruptcy filings on track to beat '98 record
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Komag Announces Voluntary Chapter 11 Reorganization Filing
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Stage Stores Rebounding From Bankruptcy
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Benefit cuts eat away at golden years: As companies retrench, more retirees pay for health care
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Japan:

Japan plans Pounds 10bn aid package for unemployed
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England:

They'll shop until the market drops
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Canada:

The mysterious death of Dylex
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Australia:

Losses From HIH Insurance May Have Ballooned
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Korea:

Hyundai shake-up in jeopardy
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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.