June 19, 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

         
Power Utilities:

Judge tentatively approves bonuses for PG&E bosses
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Top PG&E employees likely to receive bonuses

Judge tentatively ok's big bonuses for PG&E bosses
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California Capped
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Reliant Energy Responds to Ferc Order Extending Price Caps
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CalPERS to Press Power Companies
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Brown to Go Eye-to-Eye with Energy Firms / Calpers Taps Mayor for Energy Talks
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Guv's $1B Utility Deal

Energy Troubles Spark Lawsuits; California Attacks Texas Companies
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Opportunity In Power Shortage
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Governor announces $1 billion deal with San Diego utility
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PG&E Plan for Bonuses Gets Boost
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These Flacks Are Costly, Mercenary--and Good
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Trans-Elect To Offer $1.8B For SoCal Lines
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State Water Agency Accused of Stonewalling
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Calif. Avoids Blackouts, Hails FERC Vote
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Federal panel OK's electicity price limits
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Calif. agrees to buy SDG&E transmission lines
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Edited Power Pacts Difficult to Assess / Censored: Public Left in Dark on Details of Agreements
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Players behind deregulation try to mend mistakes
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Fitch Comments On Edison International & Southern Calif Ed Rtgs
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Crisis FERC's Fault? Officials: 1995 Ruling Limited Energy Future
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Calif. governor says agreement will save San Diego utility customers $750 million
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Calif. Governor Announces Agreement
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Analyst flap looks to continue
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Ex-CEO of bankrupt Cameron Memorial Hospital pleads guilty to Medicare fraud
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Former Paracelsus Healthcare executives settle SEC lawsuit on falsified books
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Alabama: Personal bankruptcies up sharply
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SEC Probing Press Releases on Pro Forma Profit
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  DIP lenders losing strength
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Metal Management reorganization approved
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York Fruit of the Loom mill sold for a song
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Dotcoms:

Soros firm to help YellowBrix buy iSyndicate
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Seattle dot-com done divesting, may be facing bankruptcy
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Big Lots Scores a Big Deal with Living.com Furniture Buyout
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Gold the net currency
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Web Matchmaker Thrives in Dot-Bomb Climate
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Telecoms:

Dog Watch: Nortel Networks
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Telecom Woes Drive Nasdaq Below 2,000
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Future of optical fibre dims
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360Networks cancels plans to buy NetRail
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Nortel woes hint at slow recovery - Other tech sectors likely to feel pain of telecom industry's financial ills
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Telecom weakness damaging Williams Communications
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Lucent Near Low on Nortel, Downgrade
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Restructuring . . .

1,500 layoffs due at Level 3
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As UpRight Falls, Fresno, Calif.-Based Manufacturing Company Cuts Costs, Jobs
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Americans' debt soaring
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TWA:

AMR Corp. to retire TWAs DC-9 fleet

Larger Loss Forecast at American and T.W.A.
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California Assembly candidate facing bankruptcy
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Football star seeks to keep creditors at bay -Trustee in Earl Campbell Foods case says creditors' claims could force Chapter 7

Steel:

Even the Chiefs tickets are for sale at GST Steel

No time to wait: Long-retired Copperweld workers' pensions are hung up in LTV bankruptcy 

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New Bankruptcy Opinions
(1 new opinion today)

Supreme Court Denial Of Cert In Credit Card Fee Case

High Court Lets Ruling on Credit Card Fees Stand
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The Opinion - Heaton v. Monogram Credit Card Bank of Georgia
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AG Ryan Files Suit Against Indiana Business for Phony Foreclosure Relief Scam
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HIH battle moves offshore in cross border legal wrangling
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England:

Bankruptcy laws to be overhauled
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Brown Launches New Deal On Bankruptcy
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Independent Insurance Co. to liquidate
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Clients face losses as liquidators are called in at Independent Insurance
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Government to abolish Crown Preference
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Australia:

Judge appointed for HIH Insurance probe
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One.Tel short $862m, says administrator  

July end is nigh for HIH
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Canada:

Ex-ATB exec wanted in bankruptcy investigation 'on vacation'
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Missing former bank chief - "I don't know when he will appear for this stupid thing"
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Japan:

Central bank lowers assessment of Japanese economy as worries grow
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Argentina:

Argentine airline filing for protection, to be sold
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Switzerland:

AOM-Air Liberte bankruptcy to lift weight off Swissair
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Korea:

'Worst economic scenario' feared to become reality
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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 

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