July 20, 2001 Daily Bankruptcy News

July 20, 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

Telecoms: FCC ruling sought on NextWave licenses (DBN Subscription Required) Winstar to name bank for possible sale (DBN Subscription Required) Record-breaking times for debt investors (DBN Subscription Required) e.spire aims for quick exit from bankruptcy (DBN Subscription Required) Wireless Firms Seek Probe of NextWave Eligibility (DBN Subscription Required) L&H in speech tech license agreement with Orange (DBN Subscription Required) ____________________ Asbestos: Asbestos Claims Endanger Health of Southfield, Mich.-Based Auto Parts Supplier (DBN Subscription Required) Stock Rises for Chicago-Based Wallboard Maker Since Reorganization (DBN Subscription Required) Federal-Mogul posts loss, hit by asbestos (DBN Subscription Required) ________________ Ohio: Container firm goes bankrupt (DBN Subscription Required) Bankruptcy expert to publish magazine on subject in Fishers (DBN Subscription Required) Probation given in conviction on property flipping (DBN Subscription Required) Banks seize control of WestPoint Stevens chairman's shares (DBN Subscription Required) GE Considers Buying Rosemont, Ill.-Based Comdisco's Leasing Operations (DBN Subscription Required) Payless: Payless' bankruptcy plan wins court approval Payless Cashways reaches agreement with largest creditor (DBN Subscription Required) _________________ HomeLife: In a Furniture Fix (DBN Subscription Required) Shermag to take Q1 charge after U.S. furniture chain bankruptcy (DBN Subscription Required) ________________ Providian profits rise, as does loss rate (DBN Subscription Required)	W.R. Grace probe gets messy (DBN Subscription Required) Bridge accuses SunGard of exec poaching (DBN Subscription Required) Dotcoms: itemus in dire straits (DBN Subscription Required) Wild, Wooly, Webby (DBN Subscription Required) Some glitter, some gloom at Webby Awards (DBN Subscription Required) Webbys: We're Still in the House (DBN Subscription Required) Bowl parade sponsor shuts Sunrise office - Validsites.com acts to avoid bankruptcy (DBN Subscription Required) St. Louis: Negotiations allow Web site developer to miss bankruptcy (DBN Subscription Required) Rumours of delisting send Itemus to 4 cents a share: Investors flee Internet incubator in heavy trading (DBN Subscription Required) Itemus unit to file for bankruptcy (DBN Subscription Required) ___________________ Jersey man paid $30G by SunCruz (DBN Subscription Required) One man's distress is another's opportunity: With defaults rising, it is no longer just vultures taking an interest (DBN Subscription Required) J.P. Morgan Profit Dips 61% (DBN Subscription Required) Taiwan's Merida Industry incurs losses of US$4m due to bankruptcies of US-based Schwinn Co (DBN Subscription Required) Bankruptcy Reform: Senate Conferees Appointed By Daschle (DBN Subscription Required) ________________ Detroit: Icon Eye shutdown strands clients (DBN Subscription Required) Rochester mayor eyes bankruptcy to save home (DBN Subscription Required) Pathnet Bankruptcy Case Changes Again - Chapter 7 Conversions New Orleans: 'CyberShame' goads debtors to pay up (DBN Subscription Required) Milawukee: Company sends out conflicting press releases about bankruptcy filing - Questions arise about money, leadership at Enviro-Recovery (DBN Subscription Required)	New Bankruptcy Opinions (3 new opinions today) Power Utilities: Calif. lawmakers face rival SoCal Ed rescue plans (DBN Subscription Required) Lawmakers to vote on Edison rescue deals (DBN Subscription Required) Poll Says Californians Blame Legislators More for Power Crisis (DBN Subscription Required) BofA securities unit sued in Calif. - County says firm should have known PG&E paper was too high-risk (DBN Subscription Required) Pacific Gas And Electric Company Reaches Long-Term Agreements with 131 Qfs (DBN Subscription Required) Another contempt action (DBN Subscription Required) Edison Bailout Bills Remain Stalled (DBN Subscription Required) Unusually cool summer in California turns electricity famine into feast (DBN Subscription Required) Edison May Avert Bankruptcy Filing (DBN Subscription Required) Berry Petroleum Enters Agreement with Socal Edison: Restarts Its 42 Megawatt Cogeneration Facility And Provides Update (DBN Subscription Required) _____________ First Alliance preps for liquidation (DBN Subscription Required) Japan: Koizumi could bring all pain, no gain (DBN Subscription Required) Bad loans in Japan are complex and need careful analysis (DBN Subscription Required) Japan FSA: Debt-Laden Banks Must Be Ready to Fail Japanese banks' bad loans 'worse than admitted' (DBN Subscription Required) ______________ England: Agency calls for debt reform (DBN Subscription Required) _______________ Taiwan: Financial Crisis May Occur in Taiwan ______________ Weather Forecast: Enter City, State, or Zipcode: