March 22, 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:

Calif Small Pwr Producers To Shut Plants If Rates Capped
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Resumed Blackouts Make Californians Feel The Heat
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California Power Deals Only Cover 33% of State's 2001 Needs
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Fragile Supply Network Apt to Fail
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California Grid Operator Hopes to Avoid Blackouts Wednesday
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Elevator Anxiety Is Riding High
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CPUC Must Address Rates In QF Repayment Order - SoCal Ed
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Battling blackouts: Payment plan sought to restart small plants
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Calif. pushes power savings to avert summer blackouts
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County Businesses Preparing For Hot, Dark Summer
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With More Plants Back on Line, California Hopes to Avoid Blackouts
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No blackouts, but Calif sees budget worry
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California PUC proposes utilities pay QFs $79/Mw-hr
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Bankruptcy judge OKs exit pay for Regent execs
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Lernout & Hauspie:

L&H exec says trustee ruling may be devastating
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Lernout Bankruptcy Judge to Rule Next Week Whether to Appoint Trustee
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Crown Books prepares to close doors
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Holt Group:

Holt Group: Terminal filing
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Holt Group Inc. files Chap. 11 bankruptcy
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Port operator files for bankruptcy protection
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NetMorf shuts down, hopes for sale
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K-Tel:

K-tel Intl US music unit files for Chapter 7 bankruptcy
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K-tel International files for bankruptcy
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  Bankruptcy Reform:

Taking care of business: Bush gives corporations several wins in short time
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Gridlock, Big Time
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Clinton and Schumer Part Ways On Bankruptcy reform Issue
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Due Diligence: The credit-card industry is assured of legally absolving itself of this fundamental principal of lending
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New Debt Law Is Hardly Evil
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Conference woes

Credit Card Companies Set to Pop
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Polls don't seem to matter if an abstruse issue like bankruptcy reform brings with it enough campaign contributions.
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Boilerplate meltdown: Rite Aid, Advantica, Loewen
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The Loewen Group files updated 2000 results as additional dispositions in 2001 require increased provision for asset impairment
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Bridge to name buyer by end of week-source
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Heyman beats asbestos suit maneuver as bankruptcy judge rejects asbestos claimants' efforts to expand liability to non-debtor affiliate
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Leisure Time Casinos & Resorts, Inc. Announces Chapter 11 Reorganization
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Dotcoms:

Ez2Get.com gets indigestion
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Asista.com to liquidate
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More Dot-Com Carnage

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Bricks and clicks custom tailors close as idea fails to suit market
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NYSSA to Host Bankruptcy Investing Conference
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Complete Wellness not doing well
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International Isotopes Says It Has Run Out Of Money
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Growers Union Believes Sale of Food Producer Tri-Valley Is Near
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Point West Capital Corporation Announces 2000 Results and Financial Condition and Dismissal of SocietyPool Bankruptcy
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New Bankruptcy Opinions
(2 new opinions today)

Paracelsus Healthcare Corporation Reports Change of Auditors
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PSINet:

PSINet's future uncertain
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Xpedior May File for Bankruptcy
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PsiNet crisis seen as first in shakeout
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Grounded Pro Air still needs to file paperwork
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Court OKs LTV Corp.'s $700 Million DIP Financing
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Union considers employee buyout of Pillowtex
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NextWave: Verizon Wireless seeks delay paying for PCS licenses
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Montreal lawyer fights bankruptcy trustee to keep fee that court was told belongs to nuns
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Number of Bankruptcies in Raleigh, N.C., Area Soars
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Financial firm that sued secretary of state's office seeks bankruptcy
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Nursing Home Owner Ventas Regains Its Health
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Movie Theater Industry:

Converting Shuttered Theaters To New Uses
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Aging population challenges movie theater chains
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Anna Nicole:

Attorneys in Anna Nicole Smith case to file amended papers
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Restructuring . . .

Wireless in flux after the fall
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China:

Bankruptcy law urged on China  

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Australia:

Australian Government Sets Up Task Force On Bankruptcy
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India:

RBI, law ministry cross swords on bankruptcy law
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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.