June 13, 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

         
Reliance:

Reliance seeks Chapter 11 protection
(DBN Subscription Required)

Insurer Reliance files for bankruptcy
(DBN Subscription Required)  

Reliance files for Chapter 11, unveils reorganization plan
(DBN Subscription Required)

________________

Court approves Lechters $86 million financing line
(DBN Subscription Required)

Comdisco to Seek Chapter 11 Bankruptcy Protection, FT Says
(DBN Subscription Required)

Power Utilities:

U.S. Bankruptcy Judge Sold Energy Stocks so he Could Keep PG&E Case
(DBN Subscription Required)

FERC Reportedly Ready To Cap Rates
(DBN Subscription Required)

Power Deals Exceed Prices on Spot Market
(DBN Subscription Required)

Cheney says "no" on Calif. power price caps
(DBN Subscription Required)

Federal Panel May Extend Price Limits
(DBN Subscription Required)

California-Only Sales Rule Fought by Plant
(DBN Subscription Required)

Morgan Stanley, Others May Trade PG&E Securities, Reuters Says
(DBN Subscription Required)

Energy Execs Gain Millions in Stock Sales
(DBN Subscription Required)

Grand Jury to Look at Energy Suppliers / Inquiry Into Possible Price Manipulation
(DBN Subscription Required)

Short-Circuiting Supply and Demand
(DBN Subscription Required)

SoCal Edison sets deal with alternate energy co's
(DBN Subscription Required)

PG&E attacked by trustee on utility proposal
(DBN Subscription Required)

Edison refinancing won't help SoCal Edison
(DBN Subscription Required)

S&P Blames Lawmakers For Ratings Cuts
(DBN Subscription Required)

Edison Devises Complex Debt Restructuring Plan
(DBN Subscription Required)

Department of Water Resources Releases Letter Sent to Energy Contractors Regarding Public Disclosure of State's Long Term Power Agreements
(DBN Subscription Required)

Judge to let some creditors trade PG&E securities
(DBN Subscription Required)

Southern California Edison Head Comments on Deregulation And The Energy Crisis
(DBN Subscription Required)

State pins hope for price relief on new Bush regulators

Blackouts' first birthday is this week - Blow out the candles; you may need them later
(DBN Subscription Required)

U.S. Broadens Inquiry Into Alleged Natural Gas Monopoly
(DBN Subscription Required)

Governor Set to Reveal Terms of Power Deals / Court Must Decide Confidentiality Issue
(DBN Subscription Required)

Markets Will Resolve Energy Woes
(DBN Subscription Required)   

Edison notes seen insulating parent
(DBN Subscription Required)

Senate to Probe West Energy Problems
(DBN Subscription Required)

Developments in California's energy crisis

_______________

  Chapter 11: The movie
(DBN Subscription Required)

Dallas Bankruptcy Specialist Joins Jay Alix & Associates, International Turnaround Firm
(DBN Subscription Required)

Dotcoms:

Online sports sites struggle at the plate
(DBN Subscription Required)

Here, Dot-Bombs Mean a Boom
(DBN Subscription Required)

The ASP Trap

IceWeb Acquires Bankrupt LearningStream
(DBN Subscription Required)

________________

Junk bond defaults hit $50 bln and rising
(DBN Subscription Required)

Founder of Bankrupt Stan Lee Media Indicted
(DBN Subscription Required)

Warnaco:

Warnaco keeps going with loan of $600M
(DBN Subscription Required)

Warnaco, embattled chief get time to mend fences, finances
(DBN Subscription Required)

Scotiabank big lender to Warnaco
(DBN Subscription Required)

Warnaco Flounders
(DBN Subscription Required)

Shareholders Hold Executive Up to Scrutiny
(DBN Subscription Required)

Clothed in Bankruptcy
(DBN Subscription Required)

_________________

SunCruz Casino:

Hollywood, FL: SunCruz to Declare Bankruptcy
(DBN Subscription Required)

Mob ties charged in Boulis suit
(DBN Subscription Required)

Amid mountain of lawsuits, SunCruz to file for bankruptcy
(DBN Subscription Required)

_______________

Bankruptcy Reform:

Credit counseling feeling pinch
(DBN Subscription Required)

_______________

Arbitration's rise raises fairness issue What happens when workers give up right to sue? In some cases, bankruptcy
(DBN Subscription Required)

W.R. Carpenter's Wholly Owned Subsidiary UpRight, Inc. Announces Intent to Reorganize Under Chapter 11 of the U.S. Bankruptcy Code
(DBN Subscription Required)

Some credit advisors add to clients' debt  

Steel:

Ottawa slaps on steel duty
(DBN Subscription Required)

Steel woes could bring turnaround
(DBN Subscription Required)

Promise of import curbs presents last hope for steel mill: The future looks bleak for Weirton, but the West Virginia town is refusing to go down without a fight
(DBN Subscription Required)

Wellstone blasts LTV on retiree benefits
(DBN Subscription Required)

________________

BIS Warns, US economy may take time to recover
(DBN Subscription Required)

Augusta: Legal complexities ensnare workers at bankrupt mill

Despite Success, Bank Of America Has A Vault’s Worth Of Challenges
(DBN Subscription Required)

Albequerque: Spa Files for Bankruptcy Protection

 

 

New Bankruptcy Opinions
(No new opinions today)

Outsource International Commences Chapter 11 Proceedings
(DBN Subscription Required)

Developed nations slow on restructuring
(DBN Subscription Required)

High-yield market sees return of traditional borrowers
(DBN Subscription Required)

Telecoms:

360networks stock sinks, debt looms large
(DBN Subscription Required)

e.spire Receives Final Approval for DIP Financing
(DBN Subscription Required)

______________

Massachusetts judge to rule Wednesday on ex-L&H CEO
(DBN Subscription Required)

Kevco, Inc. Announces Sale of Better Bath and Duo-Form Divisions and the Sale of Certain Distribution Operations
(DBN Subscription Required)

Meet a couple of class acts - 1st grade isn't too soon to learn about finances
(DBN Subscription Required)

Roanake, VA: Bankruptcy Judge Orders Briefing On Owners' Liability For Firms' Debts
(DBN Subscription Required)

State Sues Bankrupt Irvine, Calif., Mortgage Lender
(DBN Subscription Required)

Korea:

Korean corporate debt risk seen growing
(DBN Subscription Required)

Korea court gives Daewoo Motor time for sale talks
(DBN Subscription Required)

_______________

Switzerland:

FIFA's Blatter Goes on the Carpet After ISL Fiasco
(DBN Subscription Required)

______________

Australia:

Telstra warns of more telco crashes ahead  

Lucent appoints PricewaterhouseCoopers receivers for its assets in One.Tel
(DBN Subscription Required)

________________

Japan:

Japan’s economy closer to recession
(DBN Subscription Required)

Japan asked to pull up socks
(DBN Subscription Required)

________________

France:

Air Liberte may file for bankruptcy by Friday or Monday
(DBN Subscription Required)

______________

England:

Tesco heir's laser eye chain goes bankrupt
(DBN Subscription Required)

_____________

Canada:

ICON in interim receivership: Laser eye surgery clinics: 'No money left' to keep firm running even temporarily
(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.