February 7, 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

         
Sunbeam:

Bankruptcy clouds Sunbeam's future
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Sunbeam Files for Bankruptcy
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Court Approves Sunbeam's Request to Pay Vendors and Employees
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Sunbeam seeks bankruptcy protection, capping financial woes dating to 1998
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Debt-Heavy Sunbeam In Bankruptcy
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Dunlap's shadow still felt at Sunbeam
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Sunbeam Seeks Bankruptcy Protection; Hopes to Emerge Within Nine Months
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Sunbeam Doesn't See Any Recovery For Convertible Bond Holders
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NYSE Suspends Trading in Sunbeam Corp
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Lenders Brace For Shakeout in Distressed U.S. Retailing
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As tech companies tank: How much is that intellectual property in the window?
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Alamo Group To Buy Most Athey Products Assets For $11 Million
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Steel:

Geneva Steel Holdings To Raise Plate, Coil Prices
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Coram Equity Committee Asks Bankruptcy Court for Permission to Sue Major Debt Holder Cerberus and Its Principal Steven A. Feinberg
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Stop & Shop gets support on Bradlees
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Bugle Boy in bankruptcy, closes one of two Las Vegas stores
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Icahn Extends Offer for Reliance Bonds
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NutraMax Announces Exit From Chapter 11 Reorganization
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National Airlines Issues Statement on Reorganization Progress
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New England Residents Mourn Bankruptcy of Popular Bootmaker
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Wachovia Weighs Sale of Credit Card Business
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Trade Feud on Bananas Not as Clear as It Looks
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He's the Pick-Up Artist Of Financial Downturns
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Creditors see no signs of turnaround at Henderson Motorcycle
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  Power Utilities:

California to Unveil Plan To Keep Utilities Solvent Without 'Bailout'
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Davis Makes First Long-Term Pacts With Power Producers
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Calpine's Profit More Than Triples, Buoyed by Surging Energy Prices
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Calif. extends power alert, pushes for long-term contracts
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U.S. judge orders continued power sales to California
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Calif Bill To Buy Utils' Pwr Lines Seen Announced Tuesday
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Calif. seeks court order to keep power flowing
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Davis Vows Plan for Edison, PG&E
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Investors seek yield reward on Calif. utility bonds
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Power Crisis...or Power Grab?
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U.S. Demand for Energy to Slow Along with Economy
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How PG&E managed to insulate its national assets

California Seizes More Long-Term Power Contracts
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Bridge:

State Street Says it May Take Charge on Investment in Bridge Information
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A Bridge Too Far Gone?
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Xerox:

Xerox Ignored Warnings on Debt
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Hope fades for Xerox
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Fired Executive Questioned Xerox's Accounting Practices
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Movie Theaters:

Theaters' woes leave malls in the lurch
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Hollywood Has Disquiet on the Set
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Bankruptcy Court Allows St. Louis-Based Movie Theater Chain Shed Some Leases
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New Bankruptcy Opinions
(3 new opinions today)

Canada:

Consumer restraint will spark recession in Canada: S&P chief
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Condo bankruptcies leak into VanCity bottom line
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Russia:

It's All About Debt
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Japan:

Japanese banks seen staggering on to Sept deadline
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Bankruptcy Reform:

U.S. Congress set for fast start on bankruptcy bill
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Restructuring . . .

Mazda Directors Take 10 Pct. Pay Cut
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CNET to Cut Workforce by 10 Percent
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LogoAthletic Seeks Court Nod To Sell Assets To Reebok
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Let's Talk sells assets to Nextel in bankruptcy sale
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Dotcoms:

APPONLINE Trustee Sues Skulsky for fraudulent transfers
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Letsbuyit.com Gets Financing
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Freehosting.nl bought from the Brink of bankruptcy
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End is near for eToys
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Lessons from dot-bomb
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Outboard Marine:

Outboard Marine accepts $95 million asset bid
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Bombardier pulls in floundering Johnson and Evinrude outboard brands
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RBX bankruptcy case transferred from Delaware to Roanoke
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Anna Nicole:

Smith lawyer argues to recuse judge
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Unions hold key to the future for Grand Union's workers
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Group won’t fight Harrah’s hotel plan
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