February 28, 2001 Daily Bankruptcy News

February 28, 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: Calif Gov. Davis Sees PG&E Pwr Grid Pact In 2 To 3 Weeks (DBN Subscription Required) Pact With PG&E Eluding Governor (DBN Subscription Required) Fitch Views SCE Transmission Sale Favorably (DBN Subscription Required) Calif. regulators to mull halting PG&E, Edison layoffs (DBN Subscription Required) PG&E Declines Comment On Status Of Power Grid Sale Talks (DBN Subscription Required) Mirant Corp. To Move 1,000 MW In Power Pacts To Calif DWR (DBN Subscription Required) Bush administration open to Calif utility plan-Davis (DBN Subscription Required) Davis courts DOE support for grid buy (DBN Subscription Required) _____________ Bankruptcy Reform: Consumer Groups Assail Bankruptcy Bill (DBN Subscription Required) Foes of Bankruptcy Bill Point Finger at Credit Card Issuers (DBN Subscription Required) House May Consider Ch. 12 Extension Today And Bankruptcy Reform Measure On Thursday (DBN Subscription Required) House Rules Committee Meeting Today On Bankruptcy Reform (DBN Subscription Required) ______________ Two Weeks Before Plan Due, Iowa's AccessAir Shuts Down (DBN Subscription Required) Coram Provides Bankruptcy Update (DBN Subscription Required) Tigers Put on the Debt Swap Block (DBN Subscription Required) Deutsche Tele shareholders sue company chiefs (DBN Subscription Required) Dotcoms: EToys files for bankruptcy, fire sale of assets looms Lack of advertising costing Internet jobs (DBN Subscription Required) _______________	PGBC Taking Over Outboard Marine Pension Plan (DBN Subscription Required) Montgomery Ward: Kimco leads Montgomery Ward auction (DBN Subscription Required) Ward Workers Get Smaller Severance (DBN Subscription Required) ________________ Medical Resources Completes Chap 11 Proceedings (DBN Subscription Required) TWA: With Deadline Fast Approaching, American's Bid the Only One for TWA (DBN Subscription Required) Little-Known Investor To Bid for TWA (DBN Subscription Required) U.S. DOT to review big airline merger plans (DBN Subscription Required) Credentials Shaky for TWA Mystery Bidders (DBN Subscription Required) American weighs last-minute details in TWA bid (DBN Subscription Required) ________________ Safety-Kleen Seeks Court OK To Sell Property, Equipment (DBN Subscription Required) Chapter 11 statutory amounts increase effective April 1, 2001 (DBN Subscription Required) Phenix Biocomposites Files Ch. 11 (DBN Subscription Required) Armstrong World Seeks 6 More Months Of Ch11 Plan Exclusivity (DBN Subscription Required) Bankruptcy Filings Are Down (DBN Subscription Required) Twin Cities: Mack bankruptcy draws attention of shareholders, others (DBN Subscription Required) Privacy battle looms online Loans cost minorities more (DBN Subscription Required) Attorney's license revoked for taking money without filing bankruptcies (DBN Subscription Required) Texas: Nursing homes facing bankruptcy may sue state over low payments (DBN Subscription Required)	New Bankruptcy Opinions (No new opinions today) Finova: Finova Group Unit Gets $6 Billion Loan Pact (DBN Subscription Required) Finova to file Chapter 11 bankruptcy in near future (DBN Subscription Required) Buffett rescues Finova Berkshire Hathaway, Leucadia Expected to Gain Control of Finova (DBN Subscription Required) ________________ US Interactive: Nasdaq To Delist Securities (DBN Subscription Required) Alaskan lumber company Gateway Forest Products crashes (DBN Subscription Required) Restructuring . . . Thomson to focus on software, data (DBN Subscription Required) Buy.com expected to lay off 100 workers Wednesday (DBN Subscription Required) McKesson restructures IT unit again (DBN Subscription Required) Worldspan reportedly will trim 5% of staff (DBN Subscription Required) ______________ Japan: BOJ cuts rates on weak economy, deflation fears (DBN Subscription Required) Japan scores 2nd failure of listed firm in a week (DBN Subscription Required) The Shakeout Could Well Be Coming -- Really (DBN Subscription Required _____________ Australia: Bankrupt Barristers: Secrecy laws tie Tax Office's hands ______________ Korea: HEC creditors swoop and demand equity swap ______________ Weather Forecast: Enter City, State, or Zipcode: