February 12, 2001  

Daily Bankruptcy News

Brought to you by BKINFORMATION.COM - The Source for Business Bankruptcy Information on the Internet AND BKCLAIMS Marketplace - The Online Market For Bankruptcy Claims 

Also available on the Web (with links to the news stories)  at:  http://bkinformation.com/News/DailyNews.htm

         

Finova:

Finova bailout may get messy
(DBN Subscription Required)

Goldman, GE Unit Seek Effective Control Of Finova
(DBN Subscription Required)

Battle For Finova May Scuttle Goldman, GE Capital Plan
(DBN Subscription Required)

________________

Bankrupt Landels Takes Aim at Six Former Partners
(DBN Subscription Required)

Power Utilities:

California vs. PG&E and SoCal Edison
(DBN Subscription Required)

California Utilities Want Suit Against Public Utilities Commission to Proceed
(DBN Subscription Required)

SoCal Edison To Allege That "It Was Acting In Strict Compliance With The Law" When It Gave Its Parent Nearly $2 Billion
(DBN Subscription Required)

Edison faces key deadlines - As creditor grace periods end, bankruptcy once again looms
(DBN Subscription Required)

How Utilities Profited From Panic
(DBN Subscription Required)

Calif. Utilities to Face Judge, Deadlines
(DBN Subscription Required)

Billions at issue in ruling on rates
(DBN Subscription Required)

California Crisis Has Residents Seething
(DBN Subscription Required)

Calif. power suppliers form creditors group
(DBN Subscription Required)

Storm Convergence: Investigators search for cause of crisis
(DBN Subscription Required)

Governor Postpones Rescue Plan for Utilities
(DBN Subscription Required)

Edison Officials Tapped Calif. Utility Funds
(DBN Subscription Required)

California's Energy Policymakers Must Be Dreaming To Think They Can Defy Economics Forever
(DBN Subscription Required)

Calif. Gov. sees utility debt accord soon
(DBN Subscription Required)

Utilities Pin Blame On State for Crisis

California state leaders fear ratepayers' revolt
(DBN Subscription Required)

From Bright to Dim, Ideas on Energy Pour In
(DBN Subscription Required)

Calif. Power Crisis Grinds on But Some Relief Seen
(DBN Subscription Required)

Firms Look to Insure Against Power Loss
(DBN Subscription Required)

Debt-ridden SoCal Edison gave parent company $1.4 billion
(DBN Subscription Required)

UK generator eyes California move
(DBN Subscription Required)

Natural Gas Shortage Could Chill Calif.
(DBN Subscription Required)

Electric Power Debate Centers on Price Caps
(DBN Subscription Required)

Wartime Gas Law Under Fire/Gramm seeks to curtail 'dangerous' federal power to force fuel sales  

Beware the easy fix of energy price controls
(DBN Subscription Required)

Letter from California governor raises debate
(DBN Subscription Required)

California Water Departments Sets Price Ceiling on Emergency Power Buys
(DBN Subscription Required)

Flip-Flop on Power

Some Observers Question Investment Banks' Role in California Power Crisis
(DBN Subscription Required)

________________

Denver: Steele's Markets files for bankruptcy
(DBN Subscription Required)

Dallas: Bankrupt Tri-City verdict against doc sends 'strong message'
(DBN Subscription Required)

Finance: Lessons and Lawsuits - Lawfirm Phones Are Ringing Off The Hook
(DBN Subscription Required)

Icahn makes no progress in bid for Reliance bonds
(DBN Subscription Required)

City of Seattle outbids seven others to acquire Interbay golf course at New York bankruptcy sale
(DBN Subscription Required)

Tampa, Fla., Phosphate Mining Company Files for Bankruptcy Protection
(DBN Subscription Required)

Philadelphia: Uncertain times are good times for Sunrock
(DBN Subscription Required)

Consumer Credit Quality to Worsen on Layoffs
(DBN Subscription Required)

Americans Face Greater Debt Burdens
(DBN Subscription Required)

  Bankruptcy Reform:

Senator Wellstone Tells Senator Lott Bankruptcy Reform Legislation Is Ill Conceived
(DBN Subscription Required)

Legislators Revive Bill to Toughen Bankruptcy Laws
(DBN Subscription Required)

Some Democrats seek revisions in bankruptcy-overhaul legislation
(DBN Subscription Required)

_____________

Movie Theater Industry:

Read the book, see the movie
(DBN Subscription Required)

Loews Cineplex in Talks for Takeover by Onex, Others
(DBN Subscription Required)

Loews' 5-Star Hit
(DBN Subscription Required)

Loews in talks for restructuring
(DBN Subscription Required)

Canadian bidding for huge theatre chain
(DBN Subscription Required)

Schwartz sets his sights on troubled Loews
(DBN Subscription Required)

______________

TWA:

Varied group to bid for TWA
(DBN Subscription Required)

St. Louis: TWA gates deal strengthens city's ties with American
(DBN Subscription Required)

TWA Stock Trades Furiously after Bankruptcy Announcement
(DBN Subscription Required)

Mystery surrounds new suitor for TWA
(DBN Subscription Required)

______________

Outboard Marine:

Court Approves Outboard Marine Sale to Bombardier, Genmar Holdings
(DBN Subscription Required)

As if Irwin Jacobs needs another boat company
(DBN Subscription Required)

Allegations surround Brunswick's motives in OMC deal
(DBN Subscription Required)

_____________

Banks grow cautious with consumer loans
(DBN Subscription Required)

Dotcoms:

'Dot-bombs' fuel major bankruptcy explosion
(DBN Subscription Required)

How eToys Could Have Made It
(DBN Subscription Required)

Reeling from the dot-com fallout
(DBN Subscription Required)

Web Sites Feeling the Money Crunch
(DBN Subscription Required)

Ready, set, rollup!
(DBN Subscription Required)

Tech failures leave landlords in a lurch - Volatility of dot-coms echoes through the real estate market
(DBN Subscription Required)

As dotcoms continue to fall, Oracle shares shed value on analyst report
(DBN Subscription Required)

________________

Liquidation World profits rise as company benefits from retail slump
(DBN Subscription Required)

Indianapolis: Financial woes force childrens' home facility to close doors
(DBN Subscription Required)

First Wave:

Soft market forces First Wave to file Chapter 11 bankruptcy
(DBN Subscription Required)

Houston: Local shipbuilder FirstWave files for Chapter 11
(DBN Subscription Required)

_____________

Montgomery Ward's Wares May Be Completely Sold Out By April
(DBN Subscription Required)

Atlanta: Tenet Healthcare strikes deal to acquire South Fulton hospital out of bankruptcy
(DBN Subscription Required)

'Botanika' name to live on
(DBN Subscription Required)

Bank hunts collector who improperly uses Michigan National name
(DBN Subscription Required)

Anna Nicole:

Ex-stripper and billionaire's sons continue court battle over estate
(DBN Subscription Required)

_______________

Computer Learning Center:

Bankruptcy leaves computer students without a program
(DBN Subscription Required)

Sallie Mae provides aid to bankrupt school's students
(DBN Subscription Required)

_______________

 

New Bankruptcy Opinions
(2 new opinions today)

United Kingdom:

Getting tough on bankruptcy
(DBN Subscription Required)

DTI to announce wide-ranging revamp bankruptcy laws

Court date set for Hamilton bankruptcy

Byers to reveal overhaul of insolvency law

Bankruptcy bogeyman
(DBN Subscription Required)

Broke Star Alford's Tax Quiz
(DBN Subscription Required)

____________

Japan:

Failed bank execs to be held accountable
(DBN Subscription Required)

____________

Russia:

Moscow to probe insolvency loopholes

SBS-Agro Creditors Mull State-Brokered Deal
(DBN Subscription Required)

_____________

Czech Republic:

Prague sells $509m of bad debt

___________

Israel:

LanguageWare.net (formerly Israeli company Accent) files for bankruptcy
(DBN Subscription Required)

_______________

Sunbeam:

Tough choices aren't over yet for Sunbeam
(DBN Subscription Required)

Deja Vu All Over Again: Perelman struggles to keep Revlon afloat as Sunbeam slips into Chapter 11
(DBN Subscription Required)

Sun sets on Sunbeam
(DBN Subscription Required)

________________

Party On, Ron: With his biggest holdings in the tank, Perelman is squeezing fellow investors
(DBN Subscription Required)

Drypers will go on auction block early next week
(DBN Subscription Required)

Coram's Independent Committee Responds to Equity Committee Statement
(DBN Subscription Required)

Lernout & Hauspie's Mendez unit reportedly has 5 interested buyers
(DBN Subscription Required)

Telecoms:

Baby Bells threaten to re-monopolize DSL service
(DBN Subscription Required)

Vendor financing bites back: Pulling Lucent back from the brink
(DBN Subscription Required)

ServInt bankruptcy stems from growing `too fast'
(DBN Subscription Required)

Wireless Giants Won F.C.C. Auction Unfairly, Critics Say
(NYT: free registration required)

Savvis has seven weeks of cash left - Internet firm burns through $45 million in six months
(DBN Subscription Required)

_____________

Puma North America Files Objection To LogoAthletic Bankruptcy Sale To Reebok
(DBN Subscription Required)

Furrs Supermarkets Gets Court OK On $33 Million DIP Financing
(DBN Subscription Required)

Mapping the genome could drive the pharmaceutical industry into bankruptcy

Restructuring . . .

Lechters to close 166 stores, cut 725 jobs
(DBN Subscription Required)

_______________

Record Date for Distributions Under KCS Energy, Inc. Plan of Reorganization
(DBN Subscription Required)

Center for Claims Resolution Alters Approach to Benefit Members, Claimants
(DBN Subscription Required)

AmeriComm buyout took quick financing, long hours
(DBN Subscription Required)

Suddenly, a run on Converse sneakers
(DBN Subscription Required)

 

Weather Forecast:
Enter City, State, or Zipcode:

If you received the Daily Bankruptcy News via email, to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here, or by going to BKINFORMATION.COM and clicking on the Bankruptcy News button.  Note that the Daily Bankruptcy News is distributed via "HTML email" in which the links to the news stories are embedded in the headlines.  The email you receive should look like a 3-column newspaper, with headlines for each story. If you receive the Daily Bankruptcy News by email and the copy you receive is not formatted like a 3-column newspaper, or does not seem to contain links to the news stories, you may have an email client that is not capable of receiving HTML email, or is not configured to display such email.  You can however, receive a daily email notifying you when the Daily Bankruptcy News is updated on the web site. If you would like to receive such an email, please let us know at admin@bkinformation.com  

Advertising
Advertising is available in the Daily Bankruptcy News in a variety of places, formats and prices. Go to http://bkinformation.com/DBN_ADs.htm  for a list of choices.  Feel free to contact us with any questions.

Passwords
Access to certain links in the Daily Bankruptcy News is available only to readers holding a paid subscription.  These links are currently marked with a "DBN Subscription Required" notation. The cost of a subscription is $3/month, payable annually.  A separate password is required for each member of a firm wishing access to restricted links. Volume discounts are available. New readers can receive a free password good for 30 days by going to http://bkinformation.com/RegistrationForm.cfm. Existing readers who wish to change their passwords should go to http://bkinformation.com/ChangePasswordForm.cfm. Readers who have forgotten their password should go to http://bkinformation.com/GetPassword.cfm

Adding Your Email Address To The Distribution List
If you would like to start receiving the Daily Bankruptcy News by email each day, go to http://bkinformation.com/SubscribeDBNForm.cfm  and fill in the information requested.  There is no charge to be placed on the distribution list. If you do not receive an email confirming your subscription to the publication, please contact us at admin@bkinformation.com for help.  

Removing Your Email Address From The Distribution List
If you already receive Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear.  Note that the email must be sent from the same email address at which you are receiving the Daily Bankruptcy News. You do not need to type anything in the body of the email message.   If you do not receive an email confirming deletion of your email address from the distribution list  for the publication, contact us at admin@bkinformation.com for help.

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 2000  [BKINFORMATION.COM]. All rights reserved.