February 19, 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

         
Power Utilities:

President Won't Extend Power-Buying Allowance
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Calif. To Negotiate Power Proposal
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Tulsa, Okla.-Based Energy Trader Pledges Power for California
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California Governor to Unveil Plan to Save Utilities
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Ca. Power Grid Takeover Could Boost Efficiency, At A Cost
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Taxpayer, ratepayer costs spiral in California energy crunch
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Davis Announces Plan To Save Utilities
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New Crises Loom in State's Aging Infrastructure
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Ca. Power Grid Takeover Could Boost Efficiency, At A Cost
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Davis seeks payments to energy firms
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Island on the Grid
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Residents Favor Building More Power Plants
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Governor's plan for ending power crisis in California has skeptics
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ANALYSIS- In the long run, utilities likely to benefit at expense of ratepayers

Judge extends Calif. emergency power sale order
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Dynegy's profit growth and stock-price gains seem likely to slow
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Emerging plan to bolster utilities faces uphill battle
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Developments in California's electricity crisis

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American Eco gets bankruptcy extension
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Movie Theater Industry:

Loews Cineplex Begins Closure Of 23 Theaters In Canada
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Cineplex begins closing theatres
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Cinedome shuts its doors in Riverdale - Building's owners seek to avoid Loews bankruptcy action
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Too many screens in N.J.
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Bankrupt Edwards Theatres being purchased
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Telecoms:

Waking Up to the Fiber Debacle - Industry Waits for More Bankruptcies
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Amer Homestar Corp Gets DIP Financing Agreement
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Keenans cope with life after taking on the Aryan Nations
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Silver Mine Closing Stuns Idaho
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Icahn buys more Reliance debt, to halt tender offer
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Philadelphia: Health firm Home Healtch Care emerging from Chapter 11?
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Bankruptcy of Simi Valley, Calif.-Based Clothing Line Bugle Boy Forces Store Closings
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  Asbestos:

Asbestos Firms File Lawsuits Against Tobacco Companies
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Crown Cork raises reserve on asbestos claims
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Osage Systems Files For Chapter 11 Bankruptcy Protection
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Baptist Foundation of America cost to liquidate reaches $28M
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New Jersey Bankruptcy Lawyers Experience Increase in Business
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Sunbeam:

St. Paul Companies. Says Surety Exposure To Sunbeam Immaterial
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Yes Clothing Reiterates Substantial Going Concern Doubt
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Nursing home manager Texas Health Enterprises emerges from bankruptcy
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Net Firm Covad Expands Closure
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Bankruptcy lawyers cashing in

Guys Foods halts production
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Discount women's clothier Hit or Miss closing R.I. stores
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Crown's Books:

Crown's Bankruptcy - Undercuts Gift Certificates
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Bankruptcy can void gift certificates
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Failing to pay debts stings taxes
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UHL asks bankruptcy judge to shut down team

Baker Hughes subsidiary files involuntary bankruptcy against Matco
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Dotcoms:

Dot-com disasters challenge those who pick up pieces
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Mystery of EHow - Site filed for Chapter 7 bankruptcy on Feb. 8

eHow files for bankruptcy; site still operating
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Xerox stock up, but debt still severe concern
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Gold miner's investors get the shaft
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London Fog clearing up: Chapter 11 status may soon be ended
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Wrecking Ball Swings on Wards
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Africa Safaris' Latest Risk: Bankrupt Tour Operators
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San Antonio, TX: Attorney/Owner hopes Chapter 11 will improve restaurant's forecast
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Willem Dafoe can thank brother in Phila. for his shot at an Oscar, and brother Richard is a bankruptcy lawyer
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Liberty, MO: Production stops at Guy's Foods
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Rich and famous want money back - Bankruptcy Court finds debtor defrauded creditors of millions
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New Bankruptcy Opinions
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Bankruptcy Reform:

Reform Choice for Mr. Bush
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Democrats block bankruptcy bill
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Proposed bankruptcy bill could force small businesses to close
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Lloyd’s of London blasts media coverage on US Bankruptcy Bill
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New bankruptcy law 'pulls the plug'
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Financial privacy reform update
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U.S. bankruptcy initiative targets identification fraud
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Stan Lee Media Files for Bankruptcy Protection, as Sale Talks Continue
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Law Firms Rush To Find Experts On Bankruptcy
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Bridge:

Court Approves $30 Million Financing Package for Bridge
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Harris Trust Says Bridge Info Doesn't Owe It $718.5 Million
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Downturn Threatens Financial News Boom
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The toll from Bridge Information's woes - Sachs, Murphy plan move to protect claims as firm prepares bankruptcy
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Symington:

Ex-Arizona Gov. Symington Ordered to Repay Unions
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Judge rules against Symington - Pension funds win suit against ex-governor
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Shareholder Group To Charge Coram CEO Breached Duties
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Bankruptcy reforms urgently required, World Bank says
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England:

Railtrack 'facing bankruptcy'
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Railtrack denies bankruptcy report
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Canada:

Canadian Bankruptcies Down 26.4% In Dec From Nov
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Japan:

Reporting rules ignite fears of bankruptcy
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Mizuho Shares Fall After G-8 Venue Seagaia Bankruptcy
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Korea:

Daewoo cuts jobs to woo GM
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Daewoo's Laid-Off Workers Vow to Escalate Protest in South Korea
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Belguim:

Sabena Board To Recommend Rescue Plan At Shareholder Mtg
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