March 16, 2001  

Daily Bankruptcy News

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Also available on the Web (with links to the news stories)  at:  http://bkinformation.com/News/DailyNews.htm

         
Power Utilities:

Generator to sign bankruptcy filing Report says Coram to sign petition against SoCalEd
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Edison Creditor Secures Plant Lien
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California Faces Dire Summer Power Shortfall
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Stalled Bill Pushes California's Utilities Closer to Bankruptcy
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Judge allows company to attach lien on power plant
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Bush administration says California blackouts inevitable
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California Regulators Move to Block Planned Layoffs at Utilities
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Calif. Retailers Must Use Less Energy
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2 Firms Ordered to Justify Taking Plants Offline
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Calif Attny General: Power Crisis Tip Of Iceberg For State
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Abraham: Price caps won't help California power shortage
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SCE Terms CPUC Decision on Utility Cost-Cutting Irresponsible
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State Orders After-Dark Power Cutbacks
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Senate Bill Would Set Power Price Cap
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Concern Grows Over Summer Blackouts
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Power Crisis Update
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Senate seeking evidence of energy price gouging
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Calif. Blocks PG&E, SoCal Edison Layoffs
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Energy firms hit on plant outages -- Generators may have to return $10.8 million
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Bush Opposes Electricity Price Caps
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FERC dissident pushes for West region electricity help
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Metrocall May Face Bankruptcy Filing
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Raytheon Reassumes Plant Projects
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Rubatex, union move closer to agreement - Bankruptcy helped negotiations
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NCO Group Confirms Creditrust Inquiry
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Point West Capital: Ability To Operate In Doubt
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Outboard Marine Seeks Pension Plan Alternative To PBGC
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Colts Neck, N.J., Man on Trial for Bankruptcy Fraud, Money Laundering
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Tax disaster blindsides some who exercised stock options
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KPC Medical Group failure results in new policies
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  Bankruptcy Reform:

Legislative Update
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Senate passes divisive bankruptcy bill
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Big Impact Seen From New Bankruptcy Rules for Small Business
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Senate Passes New Bankruptcy Laws
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Senate drops Lloyd's provision

Senate tightens bankruptcy laws; Hutchison to fight bill placing $125,000 cap on homestead exemption
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Chuck, Hillary Side With GOP on Bankruptcy Bill
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A Business-Dictated Bankruptcy Law
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ICBA Applauds Senate Passage of Bankruptcy Reform Bill
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Bankruptcy Legislation Glance
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A Bad Bankruptcy Bill

No rush yet on Manchester bankruptcy court
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You've Got Mail - Credit Card Solicitations at Record Highs
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Senate kills Lloyd's amendment favored by Sessions
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Nation's Top Divorce Lawyers Say Bankruptcy Bill Will Eliminate Priority For Child Support in Majority of Cases; American Academy of Matrimonial Lawyers Calls for Amendment to Protect Child Support
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A debt bill bankrupt of decency
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Bankruptcy Measure Gains on a Lopsided Senate Vote
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Attorneys: New rules fuel filings
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Senate Bankruptcy Bill Sends Harsh Message to Working Families, Says NWLC
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How the rules for bankruptcy may change
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Bill would eliminate 'clean slate' option
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Bush sends early pro-business signals -- Industry leaders are viewing him as most corporate-friendly president since Reagan
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Bankrupt JCC Holdings gets a break
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Ex-gov Wilkinson claims debts of $418.4M
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Judge seeks deal on L&H trustee issue
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Economy:

Mortgage Delinquencies Rose in Quarter
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Late Card Payments Up for Fourth Quarter 2000; Consumers React to Slowing U.S. Economy
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Credit Card Delinquency Rises
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Greenspan's halo dims with economy
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New Bankruptcy Opinions
(1 new opinion today)

Firstar Center files for protection
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Beware of the Market
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Video screen maker Saco files for bankruptcy protection
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Dotcoms:

Defunct Voter.com to Sell Membership List
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Senate OKs measure to keep dot-coms from selling personal customer data
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Slim Pickings Among the Discount Clickings
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ICG Communications Seeks Bankruptcy-Court OK for Microsoft Settlement
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Galileo International Says Bid For TWA Isn't Being Considered
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Vista Eyecare Files Reorganization Plan
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Circuit Systems To Liquidate All Of Its Assets
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Fruit of the Loom:

Reorganization blooms for Fruit of the Loom
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Fruit Of The Loom Files Joint Plan Of Reorganization
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BofA to wait for Globe's payment
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Austin, Texas-Based Communications Firm Files for Bankruptcy
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Tuscalosa, AL: Bankruptcy Court approves sale of spandex manufacturer to Italian firm
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Good news for bankrupt Elcotel
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Personal Bankruptcies in Utah Expected to Increase 16 Percent, Report Says
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Vitts wants out of business in 30 days
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Restructuring . . .

Compaq Lowers Outlook, to Cut 5,000 Jobs
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Schwab Looking at Staffing Levels
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Motorola to start major downsizing
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Heinz Plans to Eliminate 1,900 Jobs
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Compaq To Cut 5,000 Jobs
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Canada:

Ex-Chapters CEO disputes bankruptcy charge - Reisman claim that bookstore in trouble when acquired 'outrageous'
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Japan:

Daiwa Bank Denies It Will Sell $5 Billion in Assets to Avoid Bankruptcy
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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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