July 26, 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

         
Furr's creditors want indemnification price
(DBN Subscription Required)

Bankruptcy Reform:

Leahy Agrees to Preconference
(DBN Subscription Required)

Congress ready to raise the bar for bankruptcy
(DBN Subscription Required)

_______________

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
(DBN Subscription Required)

_______________

Homestead, FL:

City, facing financial disaster, bankruptcy, told to unload prized property
(DBN Subscription Required)

Homestead's Bad Deal
(DBN Subscription Required)

_______________

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
(DBN Subscription Required)

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
(DBN Subscription Required)

Chicago companies feel consumer pain
(DBN Subscription Required)

Blues on the Green - A glut of Sunbelt links is bringing on fire sales--and bulldozers

Merrill's Fridson ups junk bond default forecast
(DBN Subscription Required)

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
(DBN Subscription Required)

______________

Prosecutors want to give Brennan a longer prison term

Ithaca: Flight Response - CommutAir Faces Financial Problems
(DBN Subscription Required)

Movie Theater Industry: 

Century pops lid on General Cinemas bid
(DBN Subscription Required)

Boston theater sets $10 ticket price
(DBN Subscription Required)

________________

Following shutdown, Nordic Information files for bankruptcy

Baton Rouge: Clinic seeks bankruptcy protection
(DBN Subscription Required)

Myrtle Beach: Bankruptcy befuddlement

Highland Park suspends payroll, struggles to avoid bankruptcy
(DBN Subscription Required)  

 

  Power Utilities:

Optimistic Edison Says Turnaround Is Possible
(DBN Subscription Required)

Calif. struggles with need for power vs. pollution
(DBN Subscription Required)

Calif. official wants SEC probe of energy consultants
(DBN Subscription Required)

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

California Lawmakers to Begin Another Push to Rescue Utility
(DBN Subscription Required)

Firms' Use of Energy Fees Catching Heat
(DBN Subscription Required)

Edison generous to lawmaker who pushed bailout bill
(DBN Subscription Required)

______________

SunCruz ex-chief returns $400,000 - Funds wired out before bankruptcy
(DBN Subscription Required)

Slatkin:

Slatkin Half a Billion Short, Court Trustee's Report Says
(DBN Subscription Required)

Report shows EarthLink founder has far less money than first thought
(DBN Subscription Required)

_______________

Details due on National's future
(DBN Subscription Required)

Nebraska shops Amwest asset, liquidates another
(DBN Subscription Required)

Class Action Litigation against Kitty Hawk, Inc. Seeking Damages on Behalf of Shareholders
(DBN Subscription Required)

USA Floral to sell international unit
(DBN Subscription Required)

Fischer to open 11 stores in fall - Former CEO says reopened Paul Harris outlets to offer casual to career styles at moderate prices
(DBN Subscription Required)

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
(DBN Subscription Required)

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
(DBN Subscription Required)

Dotcoms:

Webvan, Drkoop stocks winners--on eBay
(DBN Subscription Required)

eTrain Internet training company files bankruptcy
(DBN Subscription Required)

________________

Stellex Technologies Disclosure Statement Approved
(DBN Subscription Required)

Rising Layoffs May Soon Breach U.S. Confidence
(DBN Subscription Required)

 

New Bankruptcy Opinions
(No new opinions today)

Bankruptcy Court Web Site Directory

WGI to revamp bankruptcy plan
(DBN Subscription Required)

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
(DBN Subscription Required)

____________

Telecoms:

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

Telecoms press FCC for NextWave resolution
(DBN Subscription Required)

Accord to Purchase Teligent Collapses - 3 Directors Resign From Bankrupt Vienna Telecommunications Firm
(DBN Subscription Required)

High Point, NC: Bankrupt furniture retailer arrested for fraud
(DBN Subscription Required)

Yipes Buys Rights In Bankruptcy Sale to Serve 3,500 Buildings Nationwide
(DBN Subscription Required)

5 Telcos Urge the U.S. to Settle a License Dispute With NextWave
(DBN Subscription Required)

Qwest loss is worst ever in Colorado
(DBN Subscription Required)

Cos Advise Gov't on Auction Debacle
(DBN Subscription Required)

______________

A lesson in bond risks
(DBN Subscription Required)

England:

Back to the bad old days
(DBN Subscription Required)

Lending pitfalls that catch the unwary
(DBN Subscription Required)

______________

India:

It’s official, Indian Airlines declared sick
(DBN Subscription Required)

______________

Australia:

Remnants of collapsed Quokka under the hammer
(DBN Subscription Required)

_______________

Taiwan:

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

_______________

France:

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

_______________

 

Weather Forecast:
Enter City, State, or Zipcode:

If you received the Daily Bankruptcy News via email, to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here, or by going to BKINFORMATION.COM and clicking on the Bankruptcy News button.  Note that the Daily Bankruptcy News is distributed via "HTML email" in which the links to the news stories are embedded in the headlines.  The email you receive should look like a 3-column newspaper, with headlines for each story. If you receive the Daily Bankruptcy News by email and the copy you receive is not formatted like a 3-column newspaper, or does not seem to contain links to the news stories, you may have an email client that is not capable of receiving HTML email, or is not configured to display such email.  You can however, receive a daily email notifying you when the Daily Bankruptcy News is updated on the web site. If you would like to receive such an email, please let us know at admin@bkinformation.com  

Advertising
Advertising is available in the Daily Bankruptcy News in a variety of places, formats and prices. Go to http://bkinformation.com/DBN_ADs.htm  for a list of choices.  Feel free to contact us with any questions.

Passwords
Access to certain links in the Daily Bankruptcy News is available only to readers holding a paid subscription.  These links are currently marked with a "DBN Subscription Required" notation. The cost of a subscription is $3/month, payable annually.  A separate password is required for each member of a firm wishing access to restricted links. Volume discounts are available. New readers can receive a free password good for 30 days by going to http://bkinformation.com/RegistrationForm.cfm.
Readers who wish to change their passwords should go to http://bkinformation.com/ChangePasswordForm.cfm. Readers who have forgotten their password should go to http://bkinformation.com/GetPassword.cfm

Adding Your Email Address To The Distribution List
If you would like to start receiving the Daily Bankruptcy News by email each day, go to http://bkinformation.com/SubscribeDBNForm.cfm  and fill in the information requested.  There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us at admin@bkinformation.com for help.  

Removing Your Email Address From The Distribution List
If you already receive Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear.  Note that the email must be sent from the same email address at which you are receiving the Daily Bankruptcy News. You do not need to type anything in the body of the email message.   If you do not receive an email confirming deletion of your email address from the distribution list  for the publication, contact us at admin@bkinformation.com for help.

Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C.  You can reach us at 281-242-6208 or at admin@bkinformation.com 

Copyright 2001  [BKINFORMATION.COM]. All rights reserved.