March 1, 2001 Daily Bankruptcy News

March 1, 2001 Daily Bankruptcy News Brought to you by BKINFORMATION.COM - The Source for Business Bankruptcy Information on the Internet AND BKCLAIMS Marketplace - The Online Market For Bankruptcy Claims Also available on the Web (with links to the news stories) at: http://bkinformation.com/News/DailyNews.htm

Power Utilities: Energy Crisis Tests PG&E, FERC's Mettle (DBN Subscription Required) Governor Renews Criticism of Regulators (DBN Subscription Required) Calif Gov: Pwr-Line Deal With Edison Seen Signed In 1 Mo (DBN Subscription Required) Calpine signs $8.3 bln power deal with Calif. agency (DBN Subscription Required) Davis expects PG&E agreement (DBN Subscription Required) Turbines Could Ease Power Problems (DBN Subscription Required) The Cold Fusion Files (DBN Subscription Required) California DRW takes over Mirant power contracts (DBN Subscription Required) _____________ Six Charged With Money Laundering, Bankruptcy Fraud in Connection with Large-Scale Off Shore Illegal Trust Program Based in Costa Rica (DBN Subscription Required) Amazon: Amazon Shares Continue to Slide Amid Technology Decline (DBN Subscription Required) Market's Focus Sharpens On Amazon.com's Suppliers (DBN Subscription Required) Amazon Denies Bankruptcy Rumors, Stock Tumbles (DBN Subscription Required) Analysts Talk Credit Crunch at Amazon (DBN Subscription Required) Battered by Bankruptcy Talk (DBN Subscription Required) _______________ Economy: Economy Slowed to Weakest Growth in More Than Five Years (DBN Subscription Required) Greenspan: Economy's Growth Is at Risk (DBN Subscription Required) Greenspan: Economy May Need Some Tweaking (DBN Subscription Required) Greenspan Says Slowdown Not Over Yet (DBN Subscription Required) Economy Grows at Only 1.1 Pct. Rate (DBN Subscription Required) ________________ Kansas: Official blasts state investment in bankrupt Oread (DBN Subscription Required) Bankruptcy Court Approves Sale of Colorado Daily (DBN Subscription Required) Kevco, Inc. Completes Sale of Design Components Division and Plans to File Motion With Bankruptcy Court to Sell Its Wood Components Division (DBN Subscription Required) Service Merchandise Receives Approval to Extend Exclusivity Period through January 2002 (DBN Subscription Required) Yorn facing 10 counts of fraud in suit by Giacchetto bankrptcy trustee (DBN Subscription Required) Computer Learning Centers liquidating assets (DBN Subscription Required) Dotcoms: LetsBuyIt.com Back From E-Tailer Funding Misery (DBN Subscription Required) ______________ Lingering Debt Is Warning Signal (DBN Subscription Required)	Bankruptcy Reform: Senate Panel Clears Bankruptcy Overhaul (DBN Subscription Required) House Passes Bill to Extend Special Bankruptcy Protection to Farmers (DBN Subscription Required) House floor amendments (DBN Subscription Required) Follow The Money: Companies Boost Political Donations As Reform Efforts Increase (DBN Subscription Required) Foes of Bankruptcy Bill Point Finger at Credit Card Issuers (DBN Subscription Required) Bankruptcy overhaul legislation going before House (DBN Subscription Required) Follow the money: Donations rise ahead of bankruptcy reform (DBN Subscription Required) National Women's Law Center Calls on Congress to Reject Harsh Bankruptcy Bill (DBN Subscription Required) Senate Judiciary Committee begins markup, puts off controversial issues until today (DBN Subscription Required) Senate Democrats Stall Bankruptcy Bill (NYT: free registration required) _____________ Finova: Finova to pay 9 percent interest on Berkshire, Leucadia loan (DBN Subscription Required) Finova Group Expects Co., Finova Captl,Units To File Ch. 11 (DBN Subscription Required) 8-K (DBN Subscription Required GBC Bancorp Owns $15 Million Face Value Finova Capital Corp (DBN Subscription Required) Finova Credit Deal Requires Ch 11 Filing By March 8 (DBN Subscription Required) FINOVA Capital Corp.'s Senior Debt Lowered To `DD' (DBN Subscription Required) ______________ TWA: TWA Receives Bids from American Airlines, Jet Acquisitions, Galileo (DBN Subscription Required) TWA union objects to merger with American (DBN Subscription Required) Investor Group Tops American Bid for TWA (DBN Subscription Required) Will the real TWA bidders please step forward? (DBN Subscription Required) Surprise TWA bid emerges; Galileo wants to gain travel stake, and merge (DBN Subscription Required) Bids offered for Trans World Airlines (DBN Subscription Required) AMR, Jet Acquisitions submit bids for TWA (DBN Subscription Required) TWA Pilots Favor American in Bankruptcy Bids (DBN Subscription Required) Bids for TWA Due (DBN Subscription Required) With TWA going, Rams to seek new title sponsor for dome (DBN Subscription Required) ______________ Citibank, Others Cited in New Money Laudering Probe (DBN Subscription Required) SEC Sues Ex-Cendant Executives for 'Massive' Fraud (DBN Subscription Required)	New Bankruptcy Opinions (1 new opinion today) US Office Products nears Mail Boxes sale (DBN Subscription Required) Anna Nicole: Closing arguments begin in Marshall-Smith probate trial (DBN Subscription Required) Lawyer: Texas Tycoon Who Married Smith Had Dementia (DBN Subscription Required) Lawyer: Billionaire wracked with guilt - Says Marshall didn't want to betray friend (DBN Subscription Required) In re Marshall (DBN Subscription Required) _____________ IronBridge to file for bankruptcy protection (DBN Subscription Required) Evergreen: Court issues Evergreen injunction (DBN Subscription Required) Bankruptcy judge puts hold on Evergreen's assets, records (DBN Subscription Required) _______________ DIMAC Completes Reorganization Emerges From Chapter 11 (DBN Subscription Required) Steel: U.S. Loses WTO Steel Case (DBN Subscription Required) ASX could push for a bigger BridgeDFS stake _____________ Montgomery Ward: Kimco In Final Bid For Montgomery Ward Property Rights (DBN Subscription Required) Maryland group can buy Ward complex (DBN Subscription Required) ________________ Woman gets probation for bankruptcy petition preparation work (DBN Subscription Required) Wired Future for Courtrooms (DBN Subscription Required) Restructuring . . . Deckchair folds up 25 per cent of workforce (DBN Subscription Required) Gateway Reduces Profit Outlook, Eyes Store Closings, Cutbacks (DBN Subscription Required) More Pink Slips at Webvan (DBN Subscription Required) Walmart.com to Lay Off 10 Percent (DBN Subscription Required) Buy.com Plans Another Round of Job Cuts (DBN Subscription Required) ____________ Japan: Japan securitization market to grow 20-40% in 2001: Moody's (DBN Subscription Required) _____________ Canada: Edmonton: Noodle firm stirs from bankruptcy soup (DBN Subscription Required) ____________ Australia: Bankrupt lawyers will have to fight for right to practise Keeping ahead of bankrupts more than a matter of trusts _____________ Weather Forecast: Enter City, State, or Zipcode: