June 20, 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:

Crunch time for SoCal Edison
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Californians React to Partial Caps on Energy Costs
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SoCal Edison won't say if bondholders can get paid
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Edison CEO: FERC Price Cap Ruling Hasn't Helped
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FERC order seen having little effect on US generator profits
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Energy on Agenda, but Issue Is Blame
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California Utilities Post Power Outage Info on Web
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Blackout Forecasts' Dark Side
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Calif. Governor, Power Regulators Face Off at Hearing
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SCE Reaches Agreement With Alternative Energy Generators
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Calif. secures $3.5 bln loan to pay for power
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No windfall for Hydro
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California Won't See Any Price Break on Power Soon
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California Spent 43 Billion on Long-Term Power Contracts
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State to Pay Electric Bill With Loan, Not Taxes
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Federal Regulators Tighten Caps on California Electricity Prices
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New Price Caps Not a Deterrent, Power Firms Say
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SDG&E strikes deal with California
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FERC Move Short-Circuits Push for Hard Price Caps
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Democrats find an issue to help them get over their 'Bush blahs'
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Great California Energy Crisis May Be Heading Toward a Climax
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Evergreen lawyer released on bail
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Debate over Delaware
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Hawaii: Parent’s receivership won’t affect former Icon eye clinic
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Thomaston Mills Files Chapter 11
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Einstein/Noah Bagel Corp. Announces Sale of Assets
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Credit counselors brace for an increase in debt-heavy customers
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Portland: Cattle Baron Gets Nearly 20 Years
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Boston breakout
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Arthur Andersen/Waste Management:

Andersen settles SEC fraud charges with $7 million penalty over Waste Management
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Arthur Andersen to pay $7 mln to settle SEC's fraud charges -- SEC: Arthur Andersen filed false audits on Waste Management
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Bankruptcy Reform:

Senate Bankruptcy Bill Still Mired in Controversy
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Dotcoms:

The new new bankruptcy
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After the Gold Rush - Poorer but Hardly Hurting, the Dot-Com Millionaires Are Finding Simpler Joys
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Dot-com crash has wide impact; Millions of Internet start-ups are struggling for survival
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COLO.COM Retains Development Specialists, Inc. to Organize, Manage and Negotiate the Sale of the Business
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Tembec closes deal for Crown Paper mill
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SunTrust:

SunTrust racks up wins in court
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Groups Oppose Wachovia Bank Deal
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Liberty House to be Macy’s
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Telecoms:

Yankees Ask Teligent To Pay Up
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Yankees Ask Teligent Bankruptcy Judge to Force Choice
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Dot-Com Bomb Leaves a Lonesome Highway
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Denver: Telecom shakeout hits home
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Timing is everything
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More gloom for networking equipment group
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U.S. economy could feel pinch as consumers struggle with record debt
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Viatical agents to repay investors - Recovered money will go into a bankruptcy court pool
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U.S. Cavalry files chapter 11
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Credit-counseling services can add to debt
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New Bankruptcy Opinions
(2 new opinions today)

Union must wait in Talon bankruptcy
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Fast-food company Arizona Foods files for bankruptcy
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Washington Group:

Dennis R. Washington to Invest New Debt Capital in Washington Group
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Bonus plan angers workers at the Washington Group
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Executive to Lend Millions to Construction Business
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Class Action Suit Against Raytheon on Behalf of Investors in Washington Group
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Lernout & Hauspie:

Belgian court rejects L&H restructuring plan; calls for new one
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Lernout & Hauspie restructuring plan rejected by Ypres court
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France:

AOM-Air Liberté gets reprieve
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England:

Queen to unveil reforms package, including insolvency changes
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British Chancellor Launches New Deal on Bankruptcy
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Japan:

Loan swaps could smooth debt write-offs, lift bank profits
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Bank of Japan demands structural reform
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BOJ chief rules out extra liquidity for economy
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Eight Japanese Retailers File Lawsuit Against Sogo
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Switzerland:

Struggling to weather AOM-Air Liberte bankruptcy, Swissair retreats from aircraft leasing business  

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Australia:

HIH closer to its end
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Flight West airline folds, saying it can't afford to continue
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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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