July 13, 2001 Daily Bankruptcy News

July 13, 2001 Daily Bankruptcy News Brought to you by BKINFORMATION.COM - The Source for Business Bankruptcy Information on the Internet Also available on the Web (with links to the news stories) at: http://bkinformation.com/News/DailyNews.htm Prior editions available at http://bkinformation.com/bankruptcy_news.htm

Polaroid: Polaroid default was a condition of loan waiver (DBN Subscription Required) Banks Give Polaroid Time to Renegotiate Millions in Loans (DBN Subscription Required) Analysts say potential Polaroid suitors watch, wait (DBN Subscription Required) _________________ Plainwell: Plainwell sheds consumer paper division (DBN Subscription Required) Cascades pays US$64.2M for two Plainwell mills (DBN Subscription Required) _________________ Telecoms: Winstar seen searching for new financial adviser (DBN Subscription Required) Lucent Says More Job Cuts Coming (DBN Subscription Required) Lucent says more cuts coming as 8,500 workers take voluntary buyout (DBN Subscription Required) ______________ Power Utilities: Bankruptcy court approves Calpine/PG&E deal (DBN Subscription Required) Options Debated in Edison Rescue (DBN Subscription Required) PG&E Near Agreement With More Generators On QF Contracts (WSJ: separate paid subscription required) It's Time for Davis to Show His Hand on Energy (DBN Subscription Required) ______________ Customers want answers after HomeLife's closing (DBN Subscription Required) Kirkland merger provides LA bankruptcy capability (DBN Subscription Required) North Carolina: Bankruptcy upsets Fireplace & Patio customers (DBN Subscription Required) Embattled Arcadia now arrested (DBN Subscription Required) Steel sector galvanized for crucial period on trade and profit issues (DBN Subscription Required)	Bankruptcy Reform: Senate clears way to vote on bill as U.S. bankruptcies soar (DBN Subscription Required) Senate Clears Procedural Vote On Bankruptcy Bill (WSJ: separate paid subscription required) NRF Welcomes Senate Action on Bankruptcy Reform (DBN Subscription Required) ________________ Stellex plan goes to creditors (DBN Subscription Required) Movie Theater Industry: General Cinemas auction delayed: New offer stymies Onex's bid for U.S. theatre chain (DBN Subscription Required) AMC tops Onex bid for GC movie chain (DBN Subscription Required) AMC bids for General Cinema (DBN Subscription Required) ________________ EPIQ Systems Wins Major Chapter 13 Bankruptcy Client in California (DBN Subscription Required) Laidlaw reorganization doesn't include shareholders (DBN Subscription Required) Bankruptcy judge reschedules sale hearing for Regent Casino (DBN Subscription Required) Harnischfeger Industries' Reorganization Effective: Company Emerges as Joy Global Inc. (DBN Subscription Required) United seeks ruling on merger with US Airways: Not giving up on deal (DBN Subscription Required Court To Hear Babcock & Wilcox Solvency Issue Oct. 22 (WSJ: separate paid subscription required) Furniture company files for bankruptcy (DBN Subscription Required) Dotcoms: Dot-Bomb Practices Expose Wall Street Brokerages to Scrutiny (DBN Subscription Required) Webvan: Out of pocket (DBN Subscription Required) Webvan founder recouped $2.7 million just in time (DBN Subscription Required) _____________	New Bankruptcy Opinions (No new opinions today) HomeLife Furniture's future looks dire (DBN Subscription Required) Judge confirms RBX's amended plan (DBN Subscription Required) Man pleads guilty in scheme to commit bankruptcy fraud (DBN Subscription Required) Commodore files reorganization plan (DBN Subscription Required) England: Watchdog caught up in Independent row (DBN Subscription Required) Davies hits back at French in row over collapse of insurer (DBN Subscription Required) ______________ Argentina: Aerocontinente bids $1B for Argentine airline (DBN Subscription Required) Argentine anxiety Argentina props up economy as woes spread (DBN Subscription Required) Markets Disapprove of Argentina's Plan to Rescue Economy (NYT: separate free registration required) ______________ Korea: Daewoo, GM near deal (DBN Subscription Required) ______________ Japan: Japan June Corporate Bankruptcies Fall 1.8% on Year Ago; $5.1 Billion Owed (DBN Subscription Required) Moody's questions Koizumi's reforms (DBN Subscription Required) ______________ Italy: Fiorentina must find £40m to avoid bankruptcy (DBN Subscription Required) ____________ Weather Forecast: Enter City, State, or Zipcode: