March 2, 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

         
TWA:

Karabu, An Endangered Species? "Contracting Around" Bankruptcy
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The Karabu Motion and Opposition
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Icahn-backed group may bid for TWA through competing plan
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Update on bid submissions
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American Seeks Injunction Against Union
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In Bid To Keep TWA Independent, Adviser Seeks Out Former Chairman
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Another Bidder for TWA?
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TWA Says Galileo International Deposited $22 Million In Escrow For Bid
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TWA Still Seen Landing at American Airlines After New Bids Emerge

Deposit deadline passes for TWA bidder
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Global Bids $450 Million for TWA
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American remains likely buyer of TWA, analysts say

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Kimco-Led Partnership Wins Bid for Rights to Montgomery Ward Leases, Sales
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Hawaii: Sukamto Sia, Under Indictment For Bankruptcy Fraud, Staying In Bel Air Mansion
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Allergan sues Pharmacia in Bankruptcy Court over glaucoma patents
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Steel:

WTO Faults U.S. Decision to Boost Duties on Japanese Steel
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U. S. Steel Completes Purchase of LTV's Tin-Mill Products Business
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House Steel Caucus Offers Bill To Restrict Imports

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Earnings Warnings . . .

Oracle Warns of Lower Earnings
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Downturn hits US Airways

3Com Sounds a Warning on Losses
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Ingram Lags Forecast
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Amazon:

Analyst Says Amazon To File Bankruptcy in Q4
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Amazon.com dismisses cash concerns
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Bankruptcy Judge Approves the Sale of Houston-Based Diaper Company
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  Bankruptcy Reform:

House Approves Bankruptcy Bill That Makes It Harder to Wipe Out Debts
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House Bankruptcy Roll Call
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Bill vetoed by Clinton on fast track to Bush
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A Downer For Debtors?
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Senate Panel Approves Bill for Overhauling Bankruptcy Laws
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Mom vs. Mastercard
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ICBA Cheers House Action on Bankruptcy Reform Bill
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LaFalce to introduce consumer bill of rights
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House approves bankruptcy reform bill
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NACM Applauds Passage of the Bankruptcy Bill by The House of Representatives
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Highlights of Bankruptcy Reform Bill
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Debate on bankruptcy changes moves to Senate
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Congressman Says Bankruptcy Bill Aids Predatory Lenders
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Power Utilities:

Breakthrough not seen soon in Calif. utility talks
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PG&E, SoCal Ed Say They Won't Make Payments on Energy Purchases

Generating Ideas/Deregulation, done right this time -- not state control -- is the answer to California's energy woes  

Pacific G&E Misses More Payments
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Governor asks that generators take less

Calif. ISO claims power prices still unreasonable
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Economy:

Greenspan Suggests No Immediate Rate Cut But Warns Risks Aren't Over
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Manufacturing Slows in February
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Mortgage Rates Fall With Confidence
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Restructuring . . .

Limited Plans Restructuring Amid Profit Drop
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WorldCom Cuts Jobs
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Circuit City to Cut 300 Jobs, Issues Warning
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New Bankruptcy Opinions
(2 new opinions today)

FAQ:
Tired Of Having To Type In Your Password Repeatedly?

Woes worsen for struggling Convergent - bankruptcy possible
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U.S. Interactive bankruptcy fight over bonuses
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Outboard Marine retirees denied health insurance benefits in bankruptcy court
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Attorney Says Bridge Information Is on Selling Block
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Garden Botanika:

Botanika sale OK'd after suitor is grilled
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Bankruptcy Judge Approves Sale of Redmond, Wash.-Based Body-Care Retailer Garden Botanika
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QuikBIZ Files Chap 7 Bankruptcy For SmithAgency.com Unit
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Vencor reorganization plan approved
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Liberty House Clears Bankruptcy - Most Expensive Bankruptcy In Hawaii History - $16 Million In Fees
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Hvide changes name to Seabulk as recovery begins
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Richmond, Va., Nightclub Files for Bankruptcy
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Anna Nicole:

Closing arguments winding down in Marshall estate battle
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Ex-Insurance Mogul Albert Lawrence Sentenced
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Showscan Entertainment Files Reorganization Plan
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Australia:

Time to stop fudging about bankrupts at the Bar

Disclosure will give barristers' watchdog a real bite

Barristers reject bankruptcy claims
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China:

China KMK Executives Pessimistic About Co's Survival
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Japan:

Nikkei Tumbles to New 15-Year Low
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Japan's Central Bank Cuts 2 Key Interest Rates on More Bad News
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