July 6, 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

         
S&P Warns of Bleak Outlook for Retailers
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Steel:

LTV, Union Near Contract Settlement
(DBN Subscription Required)

Steel imports fall 41%

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Telecoms:

Telecoms switch-off shatters Marconi's high-tech dreams
(DBN Subscription Required)

Telscape Bankruptcy Auction to Occur on July 10
(DBN Subscription Required)

Behind the Metricom meltdown - How did the once-hot company lose its way?

Broadband2Wireless files for Ch. 7
(DBN Subscription Required)

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Dotcoms:

Dot-Com Layoffs Dip as Overall Job Cuts Rise
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eToys Faces Class Action Lawsuit
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Consultants face crisis
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E-limination: 2 dot-coms failing every business day
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Internet firm CitX seeks shelter of Bankruptcy Court
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Bankruptcy Reform:

In Florida, Fraud Doesn't Matter. Will Congress Object?
(NYT: separate free registration required)

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Wilkinson takes the Fifth - 140 times
(DBN Subscription Required)

Bankrupt F&G Couldn't Overcome Lost Sweeps Business
(DBN Subscription Required)

BPI Packaging Technologies, Inc. Announces the Foreclosure By Its Primary Secured Lenders and Sale of Assets
(DBN Subscription Required)

 

  Power Utilities:

FERC judge pushes for Calif refund plan on Friday
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Power Crisis Developments

Calif. asks SEC to review PG&E utility transfers
(DBN Subscription Required)

Ratepayers Seek Bankruptcy Voice

Bankrupt PG&E seeks approval to pay franchise fees
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Ratepayers unlikely to join panel

Attorney general asks SEC to probe PG&E corporate structure

Judge delays ruling on ratepayers' committee

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Pressed airlines find new route to debt finance
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Group wants court to allow baseball games in Williams stadium during bankruptcy proceedings
(DBN Subscription Required)

Partners bidding for Regent resort break up

Fried, Frank frets over post-Pitt vacuum
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Manor Care buys creditors' rights to joint venture
(DBN Subscription Required)

Bankrupt Aerovox Announces Voluntary Withdrawal from Nasdaq National Market
(DBN Subscription Required)

Manugistics Planning An $8 Million Deal for Bankrupt SpaceWorks
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Camp Wood Debt May Force Bankruptcy on Texas City
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Starks Brothers Nursery closes in Louisiana
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Little Rock: Arkansas attorney convicted of bankruptcy fraud hid record as felon
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Salt Lake City: TRAX Suit Drives Student Into Bankruptcy
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New Bankruptcy Opinions
(2 new opinions today)

Lernout & Hauspie:

L&H sells Mendez for a song
(DBN Subscription Required)

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Troubled Yonkers Co-op Finances a Fresh Start Through Bankruptcy
(DBN Subscription Required
NYT: separate free registration also required)

Corporations Use NAFTA Clause to Sidestep Labor, Environmental Laws
(DBN Subscription Required)

Canada:

UniforÍt Inc. Gets Court Protection For An Additional Delay
(DBN Subscription Required)

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France:

AOM, Air Liberte Rescue Bids Flawed
(DBN Subscription Required)

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Japan:

Millionaire-turned-vagrant dreams of being rich again
(DBN Subscription Required)

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England:

Millionaire Backer Bails Out Lady V
(DBN Subscription Required)

Rebel Redstone investors to unveil alternative rescue plan
(DBN Subscription Required)

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Australia:

Pay up or lose the plane: operators face new rules on airport service fees  

Bankruptcies soar to a record  

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Korea:

Creditors consider separate sale for Daewoo Motor assets
(DBN Subscription Required)

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