July 25, 2001  

Court examines WGI reorg plan
(DBN Subscription Required) 

Washington Group Chap. 11 plan backed
(DBN Subscription Required)

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Power Utilities:

California DWR proposes $12.5 billion bond issue to pay for power
(DBN Subscription Required)

California Officials: No Need to Hike Consumer Rates for Electricity
(DBN Subscription Required)

Developments in California's energy crisis
(DBN Subscription Required)

SoCal Edison More Uncertain
(DBN Subscription Required)

There's no shame in doing nothing for Edison
(DBN Subscription Required)

SoCal Edison parent calls credit outlook uncertain
(DBN Subscription Required)

PG&E asks Calif. to disclose emergency power costs
(DBN Subscription Required)

Plans filed to relieve Calif. power bottleneck
(DBN Subscription Required)

Calif. lawmakers to renew efforts to save utility
(DBN Subscription Required)

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Horizon Pharmacies goes to court
(DBN Subscription Required)

Heilig-Meyers inventory set for auction
(DBN Subscription Required)

Payless Cashways' liquidation plan approved
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Amwest:

Amwest Insurance Group Inc. Announces Bankruptcy Filing
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Amwest Insurance Group Files Chapter 11
(WSJ: separate paid subscription required)

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Dispute Over Fax Ads Draws Wide Scrutiny After Award Drives Hooters Into Bankruptcy
(NYT: separate free registration required)

Service Merchandise gets bankruptcy court OK to sell HQ
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Milwaukee: Real estate figure indicted on fraud, money laundering charges
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The Relationship Between Nonbusiness Bankruptcy Filings and Various Basic Measures of Consumer Debt

Nasdaq to delist Amresco stocks

Dispute could mean auction for bankrupt Vacation Village
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Wilmington: Downtown eatery seeks Chapter 11

Restructuring . . .

Reuters Plans to Cut 1,100 Jobs
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Lucent to cut up to 20,000 more jobs, posts $3.25 billion loss
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Cannon Express:

Cannon Express Corp Involuntary Bankruptcy Proceeding Dismissed
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Cannon Express: Bankruptcy Proceeding Dismissed
(WSJ: separate paid subscription required)

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Hanover contractor files bankruptcy, accused of bilking clients
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U.S. Steel Gets Bond Buyers To Bet On A Turnaround
(WSJ: separate paid subscription required)

Stop the Clock - In a slumping economy, technology clients are looking for -- gasp! -- a break from the billable hour
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Telecoms:

Verizon Wireless to Push U.S. for NextWave Deal
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One.Tel to wind down
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Lucent forced to pay return visit to banks, bankruptcy possible if talks fail
(DBN Subscription Required)

S&P downgrades Lucent
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Lucent holder sues corporate directors, charging they made questionable loans
(DBN Subscription Required)

Telecom-Sector Bust Reverberates
Across the Entire U.S. Economy
(WSJ: separate paid subscription required)

360networks stock soars after restructuring ruling
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ICG loss reflects market realities

Zephion Networks Gets OK Of Bid Procedures For Asset Sale
(WSJ: separate paid subscription required)

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S&P raises junk bond default forecast
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Bankruptcy Judge John H. Allen dies of Parkinson's disease
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Dotcoms:

Net's new boom is bankruptcy: The best business in the Bay Area now is selling off the assets of failed dot.coms
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Kmart rolls up remainder of BlueLight.com
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Webvan: Gone but not forgotten by angry shareholders
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Investors Sue Wendy's Founder over Solicitation for Failed Online Book Store
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Pliant's lawyer says company will shut down

After report of higher earnings, Epiq Systems' stock falls
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Fitch Withdraws Ratings For Reliance Insurance Group
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Oxnard's Lukens gets delay in hearing on bankruptcy

Home Health Gets 60 More Days To File Reorganization Plan
(WSJ: separate paid subscription required)

Kahala Corp. Announces Additional DIP Financing Provided to Ranch * 1 Inc.
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Bankruptcy Court Denies Vlasic Motion To Clarify Order
(WSJ: separate paid subscription required)

Imperial Sugar Company Selects New Board of Directors
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No more stigma in being broke?
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Foster & Gallagher:

Foster & Gallagher Hires President and PR Firm
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Cash flows, but not to former Michigan Bulb workers
(DBN Subscription Required)

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U.S.A. Floral Products, Inc. Enters Into Agreement for Sale of International Division; Sale Subject to Bankruptcy Court Approval
(DBN Subscription Required)

New Bankruptcy Opinions
(No new opinions today)

Creditors win from new Edwards bailout plan
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Bankruptcy Reform:

Sensenbrenner Proposes Bankruptcy Staff Meetings
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A bankrupt proposal
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Ex.-U.S. magistrate files for bankruptcy
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Bank of America, Other Big Lenders Stomp on Wall Street's Turf
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Bankrupt smelter sends workers home
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Pryor Resources plans to seek bankruptcy protection amid legal battle
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Court Continues Comdisco Bid Procedures Hearing To Monday
(WSJ: separate paid subscription required)

Fort Worth physicians group files for bankruptcy

Providence: Factory cited in waste case files petition for bankruptcy
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Envisionet:

EnvisioNet nears deal for financing, buyout
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California company offers to buy EnvisioNet for $12 million
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Possible partner to assist Envisionet
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Wolf Camera Wins Final DIP Approval For $10 Mln Loan
(WSJ: separate paid subscription required)

SunCruz sale got high-level push
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Bridge:

Reuters sues SunGard for Bridge tampering
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Reuters Files Complaint Against SunGard Data Systems, Inc.
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Rumblings Turn To Predictions: Defaults Are On The Way
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Genesis Health Seeks Court OK For $415 Million Exit Loan
(WSJ: separate paid subscription required)

Bad credit and bad mortgages go hand-in-hand
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Waste Systems Obtains Approval Of Sale Bidding Procedures
(WSJ: separate paid subscription required)

Bankruptcy Judge Approves Asset Bid for Richmond, Va., Conference Planner
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Korea:

Ex-Daewoo Execs Get Prison in SKorea
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Daewoo chiefs jailed and fined
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Korea's Daewoo execs set to appeal record fines
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Creditors may sell Daewoo Electronics
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Australia:

Attorneys-general to tackle lawyer bankruptcy/tax loophole
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