August 7, 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

         
Pioneer leads the DIP way
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Armstrong quarterly profits continue to slide
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Impower:

Counsel Corp. investment Impower files for Chapter 11
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Top Creditors Emerge in Impower Bankruptcy Filing
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Ski resort tumbles into Chapter 11

On the auction block _ luxury assets from Brunei prince's bankrupt corporation
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Matlack Systems Seeks Court OK To Sell 4 Sites For $6.1M
(WSJ: separate paid subscription required)

US Airways Rejects New York Investor's $1.8 Billion Takeover Bid
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Payoff May Loom For Hearty Fruit Of The Loom Debtholders
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Fort Worth: Medical Select to pay physicians
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Pacific Cycle eyes Schwinn unit
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Upper Michigan mining tradition fights for survival as domestic steel industry suffers
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American Bar Association Loosens Rules
On When Lawyers Can Report on Clients
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Sign of the times: Bankruptcy filings are suddenly soaring
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National Airlines reports loss for June
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Products target those without bank accounts - Payday firms, lenders offer payroll-linked debit cards
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Kahala Corp. Announces Final Court Approval of Its Financing Provided to Ranch * 1 Inc.
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Region recovers from Garden Way sale

Mosler decides to liquidate
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Starbelly trails Ha-Lo to Ch. 11
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Hewlett-Packard Gets Approval for Comdisco Purchase
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Judge dismisses state charges against Brennan

  Telecom:

DOJ appeals Next Wave case to High Court
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NextWave announces financing to repay government for licenses, FCC plans appeal to Supreme Court
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FCC Wants to Woosh NextWave to the Supreme Court
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Bankrupt NextWave to outline $5 bln in new funding
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NextWave claims to have money now, but FCC say it is too late
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NextWave 'Disappointed' In FCC Decision
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FCC seeks NextWave stay - Agency says no action should be taken before Supreme Court review
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Viatel scraps auction of European fibre-optics network
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Viatel Ends Network Auction
Due to a Lack of Viable Bids
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Rhythms execs to share $4 million
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Losing rhythm in a discordant market
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Citic Pacific Pays $19M For PSINet HK
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Covad in Negotiations With Bondholders to Retire $1.4 Billion in Debt
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ATSI and Telscape's Bankruptcy Trustee Provide Update On ATSI's Acquisition of Telscape's Houston Teleport Assets
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Bankruptcies Hit Time Warner Telecom Net
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Washington Group:

WGI wants Raytheon deal annulled
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Washington Group Seeks Court Order to Drop Raytheon Agreement
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Raytheon Fights Bankrupt Firm over Sale of Construction Unit
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Dotcoms:

Bankrupt Intira offered at bargain price

Apptus Inc. Files Chapter 7 Liquidation
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Dot-Com Fallout To Crimp E-Commerce in Short Term
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New Bankruptcy Opinions
(No new opinions today)

Bankruptcy Jobs
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Bankruptcy Court Web/Pacer Site Directory

Power Utilities:

Western Officials Say Federal Energy Plan Doing More Harm Than Good
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S&P Analysts Fear Energy Crisis May Spread Beyond Calif. Borders
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PG&E seeks to recoup billions from ratepayers
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Hungry for Power, California Obtains $3.5 Billion Bridge Loan
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California Government Ethics Rules Applied Unevenly to Energy Consultants
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Developments in California's energy crisis
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Calif Utils Voice Concerns About CDWR Rev Requirement
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PG&E refiles lawsuit seeking higher energy rates
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National energy chair to leave post after 7 months - State officials hope for a leader to serve California's interests
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Energy deregulation jolts prices in Texas
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Court Grants Wolf Camera's Request To Close 118 Stores
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Cut Up That Plastic -- Your Credit's At Risk
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Australia:

Skase chase targets Pixie
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Skase to Pixie: Don't worry about money
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_____________

England:

Plans to lessen stigma of bankruptcy welcomed
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Equitable under fire for 1bn pound profits scheme
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Copyright 2001  [BKINFORMATION.COM]. All rights reserved.