February 2, 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:

California Governor Signs Energy Rescue Plan
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California Power Reform Plan Flawed, Enron CEO Says
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PG&E Fails to Pay Suppliers, Defaults
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PUC, lawmakers act to keep power flowing
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Energy Concerns Dim Mid-Size Firms' Optimism
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If you can take it, turn off the heat and block bailout

California Senate OKs $10 Billion To Spare Utilities From Bankruptcy
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Edison Pays County in Full and on Time for First $20 Million
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PG&E Execs Cashed In Before Crisis Pair made $118,000 selling stock options

Steering out of the energy crisis
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PG&E Granted Bargaining Power in Natural Gas Market
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Analysts Optimistic About Calif Power Political Solution
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Pacific Northwest Peeved - California blamed for rising costs

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Bridge Information:

Creditor Tries to Nudge Ailing Bridge Information Into Bankruptcy Court
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Creditor Seeks Bankruptcy for Bridge Information
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CFP Holdings, Inc. Files Chapter 11
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Dotcoms:

ByeByeNow says hello to bankruptcy
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Grand Union sale hits snag as one buyer pulls out
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Bankruptcy Court to Require Proof of ID

  Bankruptcy: A growth industry
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Creditors File Bankruptcy on Pergament
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Bugle Boy Files Bankruptcy, Sinking Under Heavy Debt
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TWA:

American Sees Quick Review of TWA Purchase
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Senators attack proposed TWA merger
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Missouri Weighs American-TWA Deal
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Congress debates American-TWA deal
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American Tells Senate Panel Purchase Of TWA Assets Good For Industry
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Netpulse gasping for breath, considering bankruptcy
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Bankruptcy Reform:

Gekas, Grassley Introduce Bankruptcy Reform Bills

New Bankruptcy Reform Legislation Largely Unchanged From Last Year's - May Be On Fast Track
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Las Vegas motel files for bankruptcy, seeks new financing
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Slowing Demand Hurts Auto-Parts Makers Federal-Mogul, Lear Corp.
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Asbestos:

Surge in asbestos cases baffles experts
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Asbestos Claims, Determining Which Companies Can Survive
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Anna Nicole:

Anna Nicole Smith Rages in Court
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New Bankruptcy Opinions
(2 new opinions today)

Korea:

3 Former Daewoo Executives Arrested
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Korean Prosecutors Seek Approval to Arrest Five Daewoo Executives
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Canada:

Toronto: City on brink of bankruptcy, officials warn
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Novocom Filed for an Assignment of Bankruptcy
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Ottawa, churches in abuse-cash fight
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Debt bombshell hits Toronto
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Grand Union name will linger a little bit longer
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Telecoms:

Bush Recount Attorney Goes to Bat for Bankrupt NextWave Spectrum
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Loral says Globalstar should look elsewhere for money
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Economy:

Blame Fed for downturn
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Automakers Report Sharp Drop in Sales
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Texas Nursing Home Care at Crisis Stage
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Restructuring:

GE to cut 75,000 jobs?
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GE says it will lay off thousands, but not 75,000
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That's All, Folks
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Loews Cineplex Entertainment Announces Delivery Of Payment Blockage Notice
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