March 23, 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 overcharged $5.5 bln for wholesale power-report
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California ISO says generators overcharged by $6.2 billion
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California's plan for alternate power plants stalls; Assembly rejects rescue legislation; judge rules for generator
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Gas Price Spikes To Be Investigated
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Flicking the California Switch: Lights on Again, but Summer Looks Dim
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PG&E, Edison Bankruptcy Risk Rises After Power Bill Rejected
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Interactive Overview Of The Power Crisis
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California Sees Power Meltdown Without Price Cap
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NYMEX chairman outlines plan to fight Calif. power crisis
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Democrats offer alternative energy legislation
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Calif. Okays 3 New Power Plants
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SoCal Ed says it's short $722 million
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Report: Power Wholesalers Overcharged California $5.5 Billion
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Gas-Fired QFs Develop Plan to Provide Power Through Third Party Sales
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Enron 'Comfortable' With Earnings
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Poor County Feels Domino Effect of Energy Crisis
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Telecoms:

AT&T to purchase bankrupt NorthPoint assets
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e.spire files for bankruptcy
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Telocity Working to Minimize Impact of the Outcome of NorthPoint Bankruptcy Proceedings On Customers
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Struggles continue for telecom players
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Telecom Concern E.spire Files for Chapter 11 Bankruptcy Protection
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Paradigm Lost: Wireless company shuts down
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AT&T wins NorthPoint assets

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  Consumers Packaging announces appointment of a Chief Restructuring Officer
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Loewen Group Restates 4th Quarter, Year Results: Losses Wider
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TWA:

Icahn Pledges To Buy or Create Airline for Lowestfare.com
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Up, up and away: Lowestfare to launch own airline
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LTV Steel Reduces Salaried Employment Levels 17%
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LTV Challenge To Asset Securitization Passes Away Quietly
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Dotcoms:

Dead Dot-Coms' Equipment Available
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Partners say Headlight has burnt out
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Restructuring . . .

Company Job Cuts at a Glance
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Movie Theater Industry:

Report: KKR/Hicks Muse Want Theater Chain
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KKR, Hicks Muse Joust With Anschutz Over Regal Cinemas
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DoubleClick to Cut Jobs, Restructure
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Caliber Learning to examine options
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Community First to Close, Sell Offices
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Schwab Plans to Cut 3,400 Jobs
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P&G Plans to Cut 9,600 More Jobs
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Economy:

Debt still rising
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Economic Slowdown Surprised Feds
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U of L files suit in bankruptcy court against bookstore owned by ex-gov Wilkinson
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Anna Nicole:

Blonde Bombshell Implodes on Witness Stand
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SEC Seizes Heartland's Bond Funds' Assets
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New Bankruptcy Opinions
(No new opinions today)

Corpas Investments Mulls Options, Including Bankruptcy
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Castaways owners lose bid for Fitzgeralds
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Paradigm4 Files For Bankruptcy
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Las Vegas mobile home dealer accused of fraud, files for bankruptcy
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San Joaquin County, Calif., Bankruptcies Are Way up From Last Year
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Anvil Goes Out of Business After Mortgage Scam Charges
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Along with creditors and shareholders, a third group is developing significant ownership claims on American companies: litigants
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Bankruptcy Looms for Central Falls, R.I., Textile Mill
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Bankruptcy Reform:

Hard to see how the influence of campaign contributions on politics could get clearer than the credit-card industry's purchase of a harsher bankruptcy law
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To conference or not to conference...
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Japan:

Tokyo Mutual Life Seeks Bankruptcy Protection as Bank Talks Collapse
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Japan banks bracing for more credit costs
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Japan's Fujiko seeks court protection
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Daiwa Bank to abandon rescue of Tokyo Mutual Life
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Straining under their weight, bank behemoths strive to survive
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Canada:

Court ruling on pension surplus may bankrupt some companies
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Lithuania:

Lithuania Simplifies Bankruptcy Rules
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Australia:

Australian Government Hunts Down Lawyers Using Bankruptcy To Avoid Paying Taxes
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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.