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
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Genesis Health Ventures files for bankruptcy merger plan
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Telecoms:

ICG Working to Resolve Problems
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PSINet's Bankruptcy Causes Web-Access Problems in Sacramento, Calif., Area
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Telecom troubles at center stage
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Globalstar says stock to be delisted from Nasdaq
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High-speed Net provider Covad selects new CEO, Analysts Say Bankruptcy Possible
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Despite Odds, Payless CEO Says Company Can Survive Second Chapter 11
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Data Reflect Fragile State of Economy
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Factory Card Outlet Announces Progress Toward the Emergence From Bankruptcy
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Harnischfeger Industries Announces Earnings Release and Conference Call Information
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Empire of Carolina Announces Proposed Sale of Substantially All of Its Toy Operations
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Washington Reportedly Negotiating to Keep Control of Washington Group - Boise Firm Mum on Nature of Talks with Banks
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Rise-and-Fall Saga Ends for Brennan
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SEC Began Investigating Former Kentucky Governor in March, Records Show
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Push to hide court records leaves public vulnerable
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  Power Utilities:

Cal regulators to miss Edison rescue pact deadline
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PG&E doesn't want to pay for energy to avert blackouts

Calif. PUC still struggling with SCE rescue issues
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State's power costs dropping, Davis says
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Calif. Banks Cite Energy Problems As a Risk Factor
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PG&E off the hook for huge Calif. power bills
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'Blackout' Tries to Shed Light on Crisis
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Profit Taking Amid Energy Uncertainty
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Reliant Urges FERC to Drop or Amend California Price Caps to Avoid Additional Shortages and More Blackouts
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Power Tripped
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Bankrupt utility's exec. bonus plan seen going ahead
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Consumers cut energy usage, but high costs still continue

Ca. refiners threaten less gasoline in power crisis
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Edison Awaits PUC Action
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PG&E bills bring rate crisis home

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Steel:

Steel Community Applauds Bush
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Bush Initiating Steel Trade Case
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Canadian steel producers cautiously optimistic over U.S. import action
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New Bankruptcy Opinions
(No new opinions today)

Dotcoms:

A Question of Privacy
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Zeroplus.com to shut down ops on phased basis, seeks options --Zeroplus.com to layoff most employees
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Broke CyberRebate Turns Back Returns
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Some dot-coms given up for dead showing signs of life
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Creditors Back L&H Restructuring
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Stevens Financial Group: Judge to rule soon on case venue
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Debt woes spur repeat bankruptcies, experts say
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Northwest Ohio bankruptcies up 54% through May

Data Reflect Fragile State of Economy
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Bridge asks for reorganization deadline extension

Australia:

KPMG okayed insolvent Edge  

Telemedia slides into receivership
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Tough bankruptcy law planned
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New legislation aims to stop exploitation of bankruptcy laws  

Don't blame GST for bankruptcy rise says Treasury

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Japan:

S&P says Japan bank risk high, measures needed
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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 

Copyright 2001  [BKINFORMATION.COM]. All rights reserved.