March 13, 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:

California Republican Leaders Seek Legislation To Keep Utilities Solvent
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PUC Set to Make Key Ruling on Utility Bills
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Striking a Natural Bargain

A taxing problem -- California power crisis creates headaches for nonprofit affordable housing builders
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Western U.S. governors ask FERC for temporary price caps
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Fast Deals Need Sharp Eyes
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Loan Losses Up
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Dotcoms:

Wanna Buy a Warehouse?
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Old Economy can't escape dot-bomb fallout
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Peapod Leaves San Francisco to Webvan
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Time for E-Tailers to Play Survivor
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Drkoop Hasn't Been Kicked Off the Island Yet
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AreYouGame.Com Claims 'Last Standing Advantage' in E-Commerce Toy Wars

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National Airlines:

Financier may be looking at bankrupt National Airlines
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Trucking Industry:

Business shutdowns, layoffs slamming trucking industry
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Economic Slowdown, Bankruptcy Filings Alleviate Shortage of Truck Drivers
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Worldtex:

Worldtex files for Chapter 11
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Worldtex Announces Filing of Prenegotiated Restructuring Plan
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Bankruptcy Judge Stays Out Of Fight Over City's Revocation Of Bankrupt Adult Club's License
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  TWA:

Court sanctions AMR bid for TWA
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TWA Deal Bittersweet for Some
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Missouri Breathes A Sigh Of Relief From TWA Decision
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Judge OK's sale of TWA to American Airlines
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Judge Accepts American Bid in Its Entirety
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Soaring to the top of the heap; TWA deal would make American largest airline
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Amer Reefer And Subs File Chapter 11
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Converse:

Investor group buys bankrupt Converse
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Converse Inc. and Footwear Acquisition, Inc. Announce Proposed Sale
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Gibbs Construction, Inc. Announces Completion Of Plan Transactions and Change of Control
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GE readies counteroffer for Finova
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In Brennan bankruptcy fraud trial, casino employees testify about high-roller's gambling record
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Esquire Communications, Ltd. Surrenders Assets to Lender Group
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Boat maker Brunswick says it's under FTC antitrust investigation for Outboard Marine asset bid
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School district facing bankruptcy may sell schools to stay open

Development-stage Company Wins Auction To Acquire Bankrupt Orbcomm
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Paul Harris Sees Filing Liquidation Plan Within 45 Days
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Alaska Forest Products Firm Remains Closed while Bankruptcy Proceeds
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Omaha, Neb.-Area Golf Firm Files for Bankruptcy
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New Bankruptcy Opinions
(1 new opinion today)

FAQ:
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Bankruptcy Reform:

Compounding debt
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Follow the money: Senators are "committed to the banks and credit card companies"
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US Senate To Work On Completion Of Bankruptcy-Reform Bill
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Senate Puts Off Debate On Education To Focus On Bankruptcy Reform
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Both Sides Line Up Arguments on Bankruptcy Reform
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Wellstone Criticizes Congress For trying to "Jam Through" Bankruptcy Reform
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U.S. Senate leaders push for vote on bankruptcy
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Show me the money. Bankruptcy legislation.
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Credit counseling firm leaving debt-ridden clients in the lurch
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Bookseller Bibelot seeks liquidation
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Pacific Aerospace: Co Needs Cash To Make Aug 1 Payment - Bankruptcy Possible
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Movie Theater Industry:

Film people know how to cook up a happy ending Cinema owners convinced that 'people absolutely love movies'
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Canada:

Canada ski area owner under creditor protection
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Japan:

Falling Nikkei rekindles Japanese banking woes
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Bulgaria:

Balkan Airlines declared insolvent
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