July 26, 2001  

Bankruptcy Reform:

Leahy Agrees to Preconference
(DBN Subscription Required)

Congress ready to raise the bar for bankruptcy
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W.R. Grace:

US Asks Court To Make W.R. Grace Share Environmental Info
(WSJ: separate paid subscription required)

Grace Reports Second Quarter Operating Earnings
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Homestead, FL:

City, facing financial disaster, bankruptcy, told to unload prized property
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Homestead's Bad Deal
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Petition by State Bar seeks to punish bankruptcy lawyer accused of spending spree with clients' credit cards
(DBN Subscription Required)

Services Set for Bankruptcy Judge John H. Allen
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Dispute over loan threatens bailout of Vegas casino hotel
(DBN Subscription Required)

Random House, Classic Media Make
Last-Minute Bid for Golden Books
(WSJ: separate paid subscription required)

No Harm, No Foul for Foul-Mouthed Attorney
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Chicago companies feel consumer pain
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Blues on the Green - A glut of Sunbelt links is bringing on fire sales--and bulldozers

Merrill's Fridson ups junk bond default forecast
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Restructuring . . .

Airlines cut services as business travel falls As losses reach record levels, carriers drop flights, downsize airplanes, shelve meals and lay off hundreds of workers
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Prosecutors want to give Brennan a longer prison term

Ithaca: Flight Response - CommutAir Faces Financial Problems
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Movie Theater Industry: 

Century pops lid on General Cinemas bid
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Boston theater sets $10 ticket price
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Following shutdown, Nordic Information files for bankruptcy

Baton Rouge: Clinic seeks bankruptcy protection
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Myrtle Beach: Bankruptcy befuddlement

Highland Park suspends payroll, struggles to avoid bankruptcy
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Optimistic Edison Says Turnaround Is Possible
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Calif. struggles with need for power vs. pollution
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Calif. official wants SEC probe of energy consultants
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Developments in California's energy crisis
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California Lawmakers to Begin Another Push to Rescue Utility
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Firms' Use of Energy Fees Catching Heat
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Edison generous to lawmaker who pushed bailout bill
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SunCruz ex-chief returns $400,000 - Funds wired out before bankruptcy
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Slatkin:

Slatkin Half a Billion Short, Court Trustee's Report Says
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Report shows EarthLink founder has far less money than first thought
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Details due on National's future
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Nebraska shops Amwest asset, liquidates another
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Class Action Litigation against Kitty Hawk, Inc. Seeking Damages on Behalf of Shareholders
(DBN Subscription Required)

USA Floral to sell international unit
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Fischer to open 11 stores in fall - Former CEO says reopened Paul Harris outlets to offer casual to career styles at moderate prices
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Manugistics' completes $8.3M bankruptcy purchase of SpaceWorks assets

Debt shuts volunteer fire company

USG Corporation Reports Net Loss Of $13 Million
(DBN Subscription Required)

So what if insiders are pocketing shares? That won't buy a one-way ticket out of bankruptcy
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Xerox posts loss and sees no profit until fourth quarter - bankruptcy likelihood much less than tree months ago

Jore Corporation Announces Setting of Deadline for Filing Claims in Bankruptcy Case
(DBN Subscription Required)

Smithfield Foods Closes Gorges/Quik-to-Fix Foods Purchase
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Dotcoms:

Webvan, Drkoop stocks winners--on eBay
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eTrain Internet training company files bankruptcy
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Stellex Technologies Disclosure Statement Approved
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New Bankruptcy Opinions
(No new opinions today)

Bankruptcy Court Web Site Directory

WGI to revamp bankruptcy plan
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Steel:

Bank talks critical to Laclede
(DBN Subscription Required)

Bethlehem Steel to Permanently Close Lackawanna Ops
(WSJ: separate paid subscription required)

Bethlehem has $99 million operating loss
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Telecoms:

Cellphone Concerns Make Offer
To Acquire NextWave Licenses
(WSJ: separate paid subscription required)

Telecoms press FCC for NextWave resolution
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Accord to Purchase Teligent Collapses - 3 Directors Resign From Bankrupt Vienna Telecommunications Firm
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High Point, NC: Bankrupt furniture retailer arrested for fraud
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Yipes Buys Rights In Bankruptcy Sale to Serve 3,500 Buildings Nationwide
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5 Telcos Urge the U.S. to Settle a License Dispute With NextWave
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Qwest loss is worst ever in Colorado
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Cos Advise Gov't on Auction Debacle
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A lesson in bond risks
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England:

Back to the bad old days
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Lending pitfalls that catch the unwary
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India:

It’s official, Indian Airlines declared sick
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Australia:

Remnants of collapsed Quokka under the hammer
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Taiwan:

Major Banks May Take Over Ailing Institutions
(WSJ: separate paid subscription required)

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France:

AOM-Air Liberte sale decision to come on Friday afternoon
(DBN Subscription Required)

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