August 8, 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

         
A Shift in Firm Strategies - To avert layoffs, partners ask associates to learn a new side of the law
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Safety-Kleen wants Laidlaw bankruptcy moved
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Telecoms:

Wireless Internet Users in San Jose, Calif., Prepare to Say Bye to Its Service
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NextWave details $7.5B reorganization plan
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Disney Announces Investment In NextWave Common
(WSJ: separate paid subscription required)

Essential.com Bankruptcy Worries Consumers
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NextWave considers investment proposals
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The Price of FCC Integrity: $15 Billion
(WSJ: separate paid subscription required)

Telecom troubles rampant despite act
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NextWave Eyes Partnerships, Airwave Deals
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Rhythms: Internet Bonuses Paid Before Filing
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NextWave Unveils Funding Plan, War Ahead
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Bankrupt Rhythms NetConnections To Pay Out $4M In Bonuses
(WSJ: separate paid subscription required)

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Lernout & Hauspie:

L&H's Dictaphone Near Deal With Creditors
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U.S. Court Rules in Favor of Bowne & Co. Acquisition of Mendez S.A.
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Dotcoms:

Counsel may provide DIP to Impower
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ISyndicate Bankruptcy Acquisition Goes Through
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Razorfish Has No Plans To Seek Bankruptcy Protection
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USDataCenters files Chapter 11: Recent financing didn't help Web-hosting attract business

Impower Owes Top Creditors $5 Million
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Steel:

Union blasts possible Laclede bonuses
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Edgewater Steel files Chapter 11

Forging Ahead
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Analysts Like USX's Reorganization
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'Pauper' prince's assets to go under the hammer
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Consumers Slow Use of Credit
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Bankruptcy doesn't slow Savio projects

Albany, N.Y., Hotel Files for Bankruptcy for Second Time
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  Brobeck fights US corporate slump with unpaid leave
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Bankruptcy Reform:

Bush Administration speaks up on bankruptcy reform
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Covad:

Covad banks on Chapter 11 protection
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Troubled telco Covad files for protection
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Covad to pay its bondholders $283 million before bankruptcy
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Covad to File for Bankruptcy, Restructure Debt
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Covad Happy About Bankruptcy (scroll down)
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Covad Bankruptcy Latest In Series For DSL Wholesalers
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Bankruptcy plan to clear Covad's debt
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Covad and XO make surprise moves on debt
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Revamping, Broadband Provider Offers Swap
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Power Utilities:

PG&E tells SEC its corporate structure is legal
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Edison Mission Pays 10 Pct Yield on Bonds
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Edison Mission's Debt Costs Jump As It Returns To Mkt
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PG&E tells SEC no need to review utility finances
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PG&E Looks Again To Federal Court For Power-Cost Recovery
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Western utilities chafe at U.S. power price limits
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Ampac and Printmasters Engage Advisors to Sell Operations
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U.S. firms’ layoff plans skyrocket

WGI wants out of Raytheon payments
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Bridge:

SunGard Acquires Pieces Of Bridge
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Bridge Details Job Poaching Settlement With SunGard
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Provident earnings fell 11.3% in 2nd quarter
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More Mid-Southerners Filing For Bankruptcy Protection
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Judge doesn't overturn $78 million decision against Advocat, bankruptcy possible

El Dorado Hills, Calif., Shoe Retailer to Close Stores
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Schwinn dealers Huffy on bike’s future
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New Bankruptcy Opinions
(No new opinions today)

Bankruptcy Jobs
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Bankruptcy Court Web/Pacer Site Directory

IRS claim threatens Imperial Sugar bailout
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The giants lean on Schlichtmann
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Pennsylvania Agency Fights Reliance Insurance for $8.7 Million in Claims
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Jobless Numbers May Be Misleading
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Creditor Panel Objects To AMF Bowling's DIP Loan Request
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DiCaprio's Manager: Deal in Bankruptcy Case?
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Tech Companies Still Seeking Cure for Inventory Ills
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Willcox & Gibbs:

Willcox & Gibbs files for Chapter 11
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Willcox & Gibbs Files For Chapter 11 Reorganization
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US Airways:

Mystery US Airways bidder speaks
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US Airways fights to survive
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________________

Japan:

Japan bad-loan plans only partial fix
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Revitalizing Japan: Workers must not be sacrificed on structural reform altar
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Critics Begin Taking Shots At Koizumi's Reform Plan
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Koizumi Reform Plans Stir Backlash In Japan
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Australia:

It's away with Pixie, probably for good
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Skase book to spill secrets
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If there's a will there's a way: trustee
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England:

Independent Insurance liabilities `could reach pounds 1bn'
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Treves tries to restore calm as Equitable policyholders flee
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France:

Pilot takes control of AOM-Air Liberte in stormy skies
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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.