August 6, 2001  

Telecoms:

NextWave to unveil billions in new financing
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NextWave to Unveil Reorganization
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Verizon Wireless partner bids for NextWave licenses
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NextWave to Unveil Round of Financing, Recommit to Paying Off Huge Debt Load
(WSJ: separate paid subscription required)

ICG Gets 4 More Months To Work On Its Own Turnaround Plan
(WSJ: separate paid subscription required)

Ricochet, Rhythms ISPs at death's door
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Four lessons to derive from Ricochet's demise
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Verizon Partner Makes Bid For NextWave Wireless Licenses
(WSJ: separate paid subscription required)

Telscape Intl Says ATSI Changed Bid For Teleport Assets
(WSJ: separate paid subscription required)

Level 3: When Business Plans Go Bust
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GoAmerica Comments On Metricom`s Plans to Terminate Network Operations
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Omniplex finds buyer; creditors don't like it

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WGI widens charges against Raytheon
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Morrison Knudsen: No more money for ousted Agee
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Dotcoms:

Bankrupt Wine.com to Auction 80,000 Wine Cases
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Bankrupt Intira offered at bargain price

BuildNet nears end of road

Impower Files for Chapter 11
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Sacramento: Local online casualties pile up, but others carry on

Pieces of the bubble - Internet-boom remnants are hot commodities
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Stan Lee Media co-founder arrested in Brazil for fraud
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Furrs Closing 17 Supermarkets in New Mexico And Texas
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Steel:

In Ill. steel town, parents back tax cut for struggling mill at expense of schools
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Calls come for Garden Way probe
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Fort Worth: Bankruptcy delays patients' care
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Raytheon Faces $1.5 Billion Lawsuit In Bankruptcy Court
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Wilkinson has paid no federal income tax since '91
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Manhattan Investment founder to fight fraud charges

T.W.A. Is Slowly Nudged Into Aviation History
(NYT: separate free registration required)

Pasadena, CA: Hortus Nursery Felled by Bad Finances
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Schlichtmann:

Bankrupt lawyer ordered to pay old debts
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'Civil Action' lawyer must turn over fees - Jan Schlichtmann says the appeals court order may force him into bankruptcy once again

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Portland: Maine Poly trustee optimistic about money for workers, creditors
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San Antonio Used Car Dealer's Bankruptcy Leaves Auto Owners, Buyers Hanging
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Retirees, Car Lot Backers Sue San Antonio Auto Dealer over Cash Advances
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Virginia firm expresses interest in EnvisioNet
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First Union must make Wachovia work
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Tuesday US Data Could Spark Selloff
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Banks prepare for consumer defaults
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Credit cards suffer on payment

Bankruptcy boom - Up-and-coming attorneys busy with explosion in corporate bankruptcy work

Bankruptcy Reform:

Some say bankruptcy plan would drown consumers; lenders claim abuse of rules
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Bankruptcies increase as changes approach

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Gildan Activewear reported to have teamed up to buy Fruit of the Loom
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Locke Liddell Agrees to Settle Suit Over Alleged Ponzi Scheme
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Thayer, Patricof sue Pryor founders
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Mosler:

Mosler, Century-Old Maker of Safes and Security Systems, Closing U.S. Operations, Liquidating Under Lender Pressure
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Mosler employees stunned by closing
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Mosler slams door on 300 workers
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Gerald Stevens Agrees to Amended $11.5 Million Credit Facility
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Schwinn/GT bidding race begins
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Only tannery in the West to shut down
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Groups Object To Imperial Sugar's Reorganization Plan
(WSJ: separate paid subscription required)

Denver: As tech firms tank, many creditors feel pain
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Lernout & Hauspie:

Lernout & Hauspie Seeks Extension
Of Due Date for Reorganization Plan
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Lionbridge Is Overbid in Auction Process to Acquire Mendez From Lernout & Hauspie
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San Antonio: Medical group's bankruptcy reveals flaw in system, observers say

High Point, NC: After 55 years, Young's Furniture and Rugs will close its doors
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Huffy Bid and Bidding Protections Request Accepted
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L.L. Knickerbocker Co., Inc. Reports Hearing For Asset Sale
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Pittsburgh: In filing for Chapter 11, RSL and its employees entered an unknown world

Pathmark interested in buying Big V Supermarkets
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Creditor has doubts about HomeLife
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West Coast Entertainment: Survivors of the storm
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MagCorp:

Bankruptcy Time for MagCorp
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Company plays down impact of Chapter 11 filing
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San Diego: Chapter 11 Builders To Construct State Route 125
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Asbestos concerns cause insurer's stock to dip 23 percent
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Palm Springs: Marquis Villas stays open despite parent company’s bankruptcy
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Popular Manhattan clubs to be auctioned in bankruptcy 

Credit card sharks prey on collegians
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Some CEOs Amply Rewarded Last Year Despite Slowdown
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Bankruptcy cases on the rise in SW Florida

Cincinnati: Bankruptcy filings soaring

Portland: More Wiederhorn loans face scrutiny
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New Bankruptcy Opinions
(1 new opinion today)

Bankruptcy Jobs
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Bankruptcy Court Web/Pacer Site Directory

UAW Wins Big in Lawsuit Over UBN Bankruptcy
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Power Utilities:

BoNY steps down as PG&E trustee
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Energy crisis back on front burner - Staffers' stocks rekindle political heat and may jeopardize power contracts
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Farella Partner Has Become a Shining Light in the Power Crisis
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California lobbies ratings agencies
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SoCal Edison gets lifeline - Energy company reaches agreement with most of generators suing for payment
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Many top Davis hires have ties to Edison
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State's Energy Bond Sale Faces Delays, Skepticism
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Developments in California's energy crisis
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Regulators and Free-Market Advocates Take Different Lessons From California Blackouts
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Investor Confidence Up For $12.5B Calif Deal
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Developments in California's energy crisis
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New York Firm That Made Play for TWA Set Sights on US Airways
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Kansas: Back-door deal spurs bankruptcy
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American Eco takes steps towards liquidation
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England:

Taking the stigma out of bankruptcy
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Help for bankrupt firms
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Easy to change insolvency law. Changing the banks will be much tougher
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The long arm of the new laws
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Canada:

Dylex files for protection from creditors as talks fail
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Economy and profit hit new lows
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The battle for the wine collection of a bankrupt millionaire
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Accused debtor 'drank' contents of pricey cellar
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Algoma Steel reports net loss in Q2
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Japan:

Ashikaga Bank can't pay dividends
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Support dives for Japan's PM
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Japan June Leading Indicators Index Falls; Economy May Worsen
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Australia:

Shutdown part of billion-dollar row
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Gorilla in the One.Tel jungle
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Australian PM: Legitimate To Pursue Skase Assets
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$5m in taxes vanishes from stamp duty company
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Chase for Skase assets to continue
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Skase: The high-flier who crashed to earth
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Germany:

Insurance broker Censio says may face insolvency
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