June 18, 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

         
Tyson ordered to proceed with IBP buy
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World economy weakness hits aircraft orders 

Americans' debt soaring
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Dotcoms:

More IPO Ire, Mortgage.com trustee sues Credit Suisse First Boston
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The other dot-com crash
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Dancing on the Graves of Dead Dot-Coms
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Pair Of B2b Metal Sites Melt Down
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Yellowbird to Buy Calif. Company iSyndicate Out of Chapter 11
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Web spawns new gold rush
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Deal to aid Southeast Banking creditors
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Bankrupt Friede Goldman Halter Announces Master Shipyard Agreement With Long-Time Valued Customer
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Steel:

Import limits won't solve U.S. steel woes
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LTV's creditors say reach labor pact on Cleveland plant
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LTV retirees bank on help from Congress

LTV Creditors Avert Permanent Shutdown of Cleveland West Steelmaking; Agreement `Hot Idles' Facility Pending Intensive Negotiations
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Firstar Center OKs $22.1M offer
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Law Firm Restructuring . . .

Cutbacks in California Law Offices
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Keeping a Job At VLG, but Not the Pay - Associates' choice: New gig or unemployment
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The Incredible Disappearing Clerkship
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In joint loan, ex-spouse's bankruptcy can hurt you
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Deal for Florafax revised
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Hawaii: Federated may buy 20 Liberty House stores
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Others Want Shot at Fixing Furrs

Seattle-Based Ice Cream Company Files for Bankruptcy
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Spinnaker's:

Spinnaker's files for Chapter 11

Spinnaker’s Retains Keen Realty, LLC And Dean & Associates To Liquidate Its Leaseholds
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Bankruptcy Reform:

Proposed bankruptcy reform pressures business people 

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Area GOP still searching for federal bench nominees as leading candidate, bankruptcy attorney, withdraws
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  Power Utilities:

Desperately Seeking Political Protection
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Developments in California's energy crisis

Edison hopeful, investors wary on Calif. plan
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City Utilities' Model Trumps Deregulation
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Valley victims are selling up and moving on
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New Energy Pacts Could Ease Blackouts in California
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Edison Asks for Patience From State, Generators
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California PUC orders partial back payments to QFs
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Federal Action on Energy Caps Expected
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S&P Cautions SoCal Ed Bankruptcy Risk Remains High
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Judge urged to veto PG&E's retention plan

Bankrupt California Utility Company Owes Kent, Ohio Company $12 Million
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DJ S&P Cautions SoCal Ed/ Risk - Creditors Seen Impatient
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Energy troubles spark lawsuits
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California Companies Want to Bypass State-Regulated Utilities for Electricity
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Calif Senate To Take Up SoCal Ed Rescue Plan Tuesday
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Edison Mission Ring Fencing Still Intact
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California Businesses Continue to Push for Electricity Competition
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Caliber:

Caliber files Chapter 11
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Sylvan sees 2nd qtr charge of $14mln on Caliber Chapt. 11
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Speech recognition software firm L&H accents positives
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Warnaco's Exceedingly Bad Timing
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Movie Theater Industry:

AMC in row over monthly movie pass plan
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Real World Woes Curdle Junk Bonds
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WestPoint debt payment fails to reassure
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AOM-Air Liberte:

AOM-Air Liberte file for bankruptcy
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Easyjet scavenges for airport slots

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Dallas: Continental Investment Corporation Seeks Shareholder Approval to Liquidate
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New Bankruptcy Opinions
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Telecoms:

360networks delays key bond payment
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Telecom gear makers will keep ringing up bad news
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Nortel Expects to Report $19 Billion Loss
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Bankruptcy protection not ruled out by 360networks
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Default compounds 360 woes
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Nortel to report huge loss, cut more jobs - Persistent telecom slump dampens outlook for valley
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Telecoms have rough ride ahead
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After a String of Bankruptcies, Once-Bright Future of Optical Fiber Dims
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Restaurateur Mama Ninfa dies
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UpRight's fall hits Valley - Suppliers, workers try to regain footing after aerial platform maker stumbles into bankruptcy
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Workers Asked to Return Severance Overpayment
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England:

British government to criminalise price-fixing
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The sort of hotel you can check out of but never leave
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Japan:

BOJ Fails To Act Despite Fears Over Recession
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Bank of Japan Downgrades Economic View
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Central bank lowers assessment of Japanese economy

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Canada:

Alberta trustee seeks former bank superintendent in probe of mall bankruptcy
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Big spenders vanish as chill hits Bay Street - $3,000 Brioni suits go unsold; $90 cigars go unsmoked
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Argentina:

Aerolíneas Argentinas in freefall
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Aerolineas Argentinas faces no bankruptcy filings yet
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Germany:

Berlin on brink of bankruptcy
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