June 6, 2001 Daily Bankruptcy News

June 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

Genesis Health: Genesis Health Ventures files to acquire Multicare (DBN Subscription Required) Genesis Health Ventures files for bankruptcy merger plan (DBN Subscription Required) _______________ Telecoms: ICG Working to Resolve Problems (DBN Subscription Required) PSINet's Bankruptcy Causes Web-Access Problems in Sacramento, Calif., Area (DBN Subscription Required) Telecom troubles at center stage (DBN Subscription Required) Globalstar says stock to be delisted from Nasdaq (DBN Subscription Required) High-speed Net provider Covad selects new CEO, Analysts Say Bankruptcy Possible (DBN Subscription Required) ______________ Despite Odds, Payless CEO Says Company Can Survive Second Chapter 11 (DBN Subscription Required) Data Reflect Fragile State of Economy (DBN Subscription Required) Factory Card Outlet Announces Progress Toward the Emergence From Bankruptcy (DBN Subscription Required) Harnischfeger Industries Announces Earnings Release and Conference Call Information (DBN Subscription Required) Empire of Carolina Announces Proposed Sale of Substantially All of Its Toy Operations (DBN Subscription Required) Washington Reportedly Negotiating to Keep Control of Washington Group - Boise Firm Mum on Nature of Talks with Banks (DBN Subscription Required) Rise-and-Fall Saga Ends for Brennan (DBN Subscription Required) SEC Began Investigating Former Kentucky Governor in March, Records Show (DBN Subscription Required) Push to hide court records leaves public vulnerable (DBN Subscription Required)	Power Utilities: Cal regulators to miss Edison rescue pact deadline (DBN Subscription Required) PG&E doesn't want to pay for energy to avert blackouts Calif. PUC still struggling with SCE rescue issues (DBN Subscription Required) State's power costs dropping, Davis says (DBN Subscription Required) Calif. Banks Cite Energy Problems As a Risk Factor (DBN Subscription Required) PG&E off the hook for huge Calif. power bills (DBN Subscription Required) 'Blackout' Tries to Shed Light on Crisis (DBN Subscription Required) Profit Taking Amid Energy Uncertainty (DBN Subscription Required) Reliant Urges FERC to Drop or Amend California Price Caps to Avoid Additional Shortages and More Blackouts (DBN Subscription Required) Power Tripped (DBN Subscription Required) Bankrupt utility's exec. bonus plan seen going ahead (DBN Subscription Required) Consumers cut energy usage, but high costs still continue Ca. refiners threaten less gasoline in power crisis (DBN Subscription Required) Edison Awaits PUC Action (DBN Subscription Required) PG&E bills bring rate crisis home ____________ Steel: Steel Community Applauds Bush (DBN Subscription Required) Bush Initiating Steel Trade Case (DBN Subscription Required) Canadian steel producers cautiously optimistic over U.S. import action (DBN Subscription Required) _____________	New Bankruptcy Opinions (No new opinions today) Dotcoms: A Question of Privacy (DBN Subscription Required) Zeroplus.com to shut down ops on phased basis, seeks options --Zeroplus.com to layoff most employees (DBN Subscription Required) Broke CyberRebate Turns Back Returns (DBN Subscription Required) Some dot-coms given up for dead showing signs of life (DBN Subscription Required) _____________ Creditors Back L&H Restructuring (DBN Subscription Required) Stevens Financial Group: Judge to rule soon on case venue (DBN Subscription Required) Debt woes spur repeat bankruptcies, experts say (DBN Subscription Required) Northwest Ohio bankruptcies up 54% through May Data Reflect Fragile State of Economy (DBN Subscription Required) Bridge asks for reorganization deadline extension Australia: KPMG okayed insolvent Edge Telemedia slides into receivership (DBN Subscription Required) Tough bankruptcy law planned (DBN Subscription Required) New legislation aims to stop exploitation of bankruptcy laws Don't blame GST for bankruptcy rise says Treasury _______________ Japan: S&P says Japan bank risk high, measures needed (DBN Subscription Required) _____________ Weather Forecast: Enter City, State, or Zipcode: