February 16, 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

         
Movie Theater Industry:

Loews Cineplex declares bankruptcy
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Loews Down, Out
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Bankrupt Loews Cineplex: Now Has Financing
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Loews Cineplex Files for Bankruptcy, Arranges Takeover
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Loewen to file reorganization plan within 14 days
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Onex's Schwartz notches another takeover victory
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Anschutz Unspools Deal For Edwards
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The last picture show
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Loews, Edwards movie theaters find investors
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Loews Cineplex: Court Sets April 4 For DIP Hearing
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Loews Cineplex to close 21 cinemas, file for protection
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L.A. firms part of group acquiring Loews Cineplex
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Canadian financier buys Loews

Loews plans to shut down dozens of theaters soon

Loews Cineplex is latest bankruptcy asset sale
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3 Investors Take Roles in Bailing Out Theaters
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Rocky picture show as movie theaters fade to black
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NYSE Suspends Trading In Loews Cineplex
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Loews Cineplex files for bankruptcy protection, deal with Onex-led investors
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Gabelli Still Up On Movie Theaters Despite Bankruptcies
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Curtain falls on the Kenmore Nickelodeon

Overbuilding megaplexes cited as factor in Loews Cineplex bankruptcy
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Florida cinemas scour past for future success
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TWA:

Airline sees a major hub in St. Louis
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TWA Pilots Support American Airlines Deal
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Wards unsure on closing date
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The Female Athlete Files for Chapter 11
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Waste Systems Gets Delisting Notice From Nasdaq
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DIMAC: Hopes fade for deal to bail out Transkrit
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Revitalized Thermatrix Emerges From Bankruptcy; Court Approves Thermatrix Reorganization Plan
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  Power Utilities:

FERC conditionally approves Calif. ISO credit waivers
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Calif. Governor Proposes Purchase
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Ruling Shields Generators From Risk
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Cash-Strapped Utilities Still Trying To Buy Time From Bank, Creditors
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Kicking Assets
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A Penny Saved Is a Billion Dollars Earned for Energy
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Renewable Energy Generators Form Creditors' Committee
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Texas learns important power supply lesson from Calif.
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PUC member tell panel ratepayers shouldn't suffer
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No Timeout in Gougers' Hardball Game With State
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Gov. Davis to Meet with Edison, PG&E CEOs to Discuss Transmission Lines
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FERC would eye Calif. power price cap if it cut load
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Watt Now, Jerry?
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Creditors Chafe at State's Pace on Power Crisis
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Calif. Power Crisis May Become National Mess
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Solar and wind use could blunt size of customer rate increases

Utility woes deepen - Southern California Edison skips debt payment in move to conserve cash
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Power Crisis Dominates Legislature
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Calif. questions dominate industry conference
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Duke Nixes Invite To Join Calif. Creditor Committee
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Toledo, OH: Gas utility bankrupt
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Thinning the Herd - A troubled economy means fewer associate hires and the ax for poor performers
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Bridge:

Bridge Information Files Bankruptcy; Largest Shareholder to Make Bid for Firm
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Bridge files for Chapter 11 as bid emerges

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Pending Bankruptcy Proceedings Dismissed Against Trans Energy, Inc.
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Orbimage Runs Into Financial Brick Wall
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Restructuring . . .

Nortel Plans to Cut 10,000 Jobs
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Dell Says It Will Cut 1,700 Jobs
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New Bankruptcy Opinions
(1 new opinion today)

Busts create boom for some, as firms build up bankruptcy practices
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Beleaguered trucking firms riding wheels of misfortune
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Telecoms:

Northpoint heads to auction
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NorthPoint Communications $1 Billion Suit Against Verizon To Be Tried in San Francisco Court
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Loral writes off bulk of $1.3bn Globalstar investment

Red ink rises at Elcotel
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XO Making Eyes At NorthPoint?
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Bankruptcy Reform:

Bankruptcy update

Panel Sends Bankruptcy Reform Bill to House
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Committee Passes Bankruptcy Reform Legislation
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Added ingredient
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Sale of Coco's, Carrows likely closer
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N.J. bar sees more businesses going belly up
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Anna Nicole:

Smith finishes trial testimony - She denies letting husband fondle her to get son adopted
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Dotcoms:

Internet Advice Firm EHow Files for Bankruptcy, Headed for Liquidation
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The search for web profits - Are lawyers the only winners?
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Newark, NJ: 3rd Brother Admits Role In First Interregional Lease Scheme
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Shareholder to buy assets of bankrupt Las Vegas gaming firm
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Keen Announces Results Of Family Golf Centers’ Bankruptcy Auction
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Chiquita:

Banana producers fight curbs

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Xerox:

Xerox official says layoffs could be as high as 10,000
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Japan:

Debts of Japan's failed groups rise

Japan bankruptcy debt rises by 60%

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