March 29, 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

         
Jay Alix dispute roils bankruptcy field
(DBN Subscription Required)

Telecoms:

Iridium satellites back in orbit
(DBN Subscription Required)

Telocity and Other ISPs Urge NorthPoint's Bankers to Accept Offer So Network Will Operate for Next 30 Days
(DBN Subscription Required)

NorthPoint Communications Forced to Shutdown Network
(DBN Subscription Required)

Iridium satellite network emerges from ashes
(DBN Subscription Required)

Get ready for the fire sales
(DBN Subscription Required)

InternetConnect Establishes NorthPoint Resolution Center
(DBN Subscription Required)

World Access May Face Chapter 11 Protection
(DBN Subscription Required)

ISP group blasts NorthPoint over funding
(DBN Subscription Required)

Investors' Losses Mount on Telecom Upstart Bets
(DBN Subscription Required)

NorthPoint To Close DSL Network
(DBN Subscription Required)

100,000 Subscribers of NorthPoint DSL Face Disconnection
(DBN Subscription Required)

______________

Bankruptcy Reform:

Bankruptcy business booms - Law likely to change soon
(DBN Subscription Required)

Bankruptcy Reform Bill May Boost Business Failures
(DBN Subscription Required)

Bankruptcy Bill Under Consideration Would Impact Georgia
(DBN Subscription Required)

_____________

Hungry Minds, Inc. Announces Revenues and Earnings Continue Below Expectations in Fiscal Q2 2001 and Continuing Discussions With Banks About Credit Agreement Default
(DBN Subscription Required)

Bankruptcy Court Approves TSR Wireless Asset Purchase Agreement by Network Services LLC
(DBN Subscription Required)

Economy:

Pessimism Is Rising on Wall Street--and That Might Be Good News for Markets
(DBN Subscription Required)

______________

Lernout shareholders oppose tech sale to Visteon
(DBN Subscription Required)

Milwaukee: Former bankruptcy attorney charged with felony theft
(DBN Subscription Required)

Computer Learning Center's Last Assets Are Sold for $20 Million
(DBN Subscription Required)

Under FBI scrutiny, neighborhood group files for bankruptcy
(DBN Subscription Required)

CyberCash Auction Date Set; Bids Due April 10 and Auction Held April 11
(DBN Subscription Required)

Claridge Announces Approval of Fourth Amended Disclosure Statement
(DBN Subscription Required)   

  TWA:

Unions oppose TWA deal
(DBN Subscription Required)

American Makes Offer to Pilots in Effort to Expedite Merger
(DBN Subscription Required)

______________

Play Co.

Play Co. unit files for bankruptcy
(DBN Subscription Required)

Play Co. Toys & Entertainment Corp. to Conduct Orderly Wind-Down Of Its Business
(DBN Subscription Required)

_______________

Toys International files bankruptcy - After paying creditors, no cash left for investors

Dorsey Trailers Enters Into Agreements to Sell Assets
(DBN Subscription Required)

Crown Books: From Bankruptcy Court - The gift that never started giving
(DBN Subscription Required)

Restructuring . . .

MarchFirst looking at large layoff?
(DBN Subscription Required)

marchFIRST: Bankruptcy Bound?
(DBN Subscription Required)

Broadband Provider ADC Axing Up To 4,000 Jobs
(DBN Subscription Required)

______________

Imperial Sugar Company Signs Letter of Intent to Sell Michigan Factories
(DBN Subscription Required)

Monsour Medical:

Monsour Medical revisits bankruptcy

Pittsburgh Hospital Files for Bankruptcy Protection
(DBN Subscription Required)

_______________

S&P May Cut Lucent Debt Rating to Junk
(DBN Subscription Required)

Court OKs letting Kimco sell more Montgomery assets
(DBN Subscription Required)

Viking Resources International, Inc. Retains Prestigious Law Firm to Perform Due Diligence on Legend Airlines Acquisition
(DBN Subscription Required)

Tenet bid to acquire South Fulton approved by bankruptcy court
(DBN Subscription Required)

Bridge:

Bridge in talks with "major German bank"
(DBN Subscription Required)

Deutsche Bank's Breuer denies any interest in Bridge Information Systems
(DBN Subscription Required)

________________

Modesto Bee Wins Journalism Award For Coverage of Tri-Valley Bankruptcy
(DBN Subscription Required)

Livent: Drabinsky points finger at Ovitz, auditors
(DBN Subscription Required)

Tiny town near Dallas, facing bankruptcy, wants to dissolve
(DBN Subscription Required)

VendingData Corp. Announces Acquisition of Assets of Spintek Gaming Technologies Inc.
(DBN Subscription Required)

 

New Bankruptcy Opinions
(2 new opinions today)

Power Utilities:

With Energy Crisis Far From Over, Experts Say More Hikes Possible
(DBN Subscription Required)

FERC chief will block vote on western power price caps
(DBN Subscription Required)

Steep hike in electricity rate has Calif. feeling powerless 

Hot plus dry may equal dark?
(DBN Subscription Required)
 

Powering up for lean times
(DBN Subscription Required)

PUC Approves Largest Electricity Rate Increase in State's History
(DBN Subscription Required)

Davis Keeps His Distance From Utility Rate Hikes
(DBN Subscription Required)

Davis forced to see the light
(DBN Subscription Required)

California May Face Cash Crunch Despite an Electricity-Rate Increase
(DBN Subscription Required)

_____________

Trico:

Trico Steel files for Chapter 11
(DBN Subscription Required)

Trico Steel lasted nearly three months after LTV's bankruptcy filing
(DBN Subscription Required)

Giving workers notice - The federal plant closing law imposes a much-needed measure of balance
(DBN Subscription Required)

Sen. Says Trico Violated Labor Law
(DBN Subscription Required)

______________

Dotcoms:

The Fall of Asia's Internet King
(DBN Subscription Required)

Dot-Com Failures Reducing S.F. Office Rents
(DBN Subscription Required)

Scour back to fill the Napster gap
(DBN Subscription Required)

_______________

Bankrupt Legend Airlines Bounces Employees' Medical Payments
(DBN Subscription Required)

Australia:

Pacific Dunlop offers third restructuring plan
(DBN Subscription Required)

_____________

Japan:

Seiyo creates a debt-payment plan
(DBN Subscription Required)

_____________

Korea:

Creditors OK Hyundai Bailout
(DBN Subscription Required)

_______________

Thailand:

Thailand to amend law to help debtors
(DBN Subscription Required)

_____________

 

Weather Forecast:
Enter City, State, or Zipcode:

If you received the Daily Bankruptcy News via email, to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here, or by going to BKINFORMATION.COM and clicking on the Bankruptcy News button.  Note that the Daily Bankruptcy News is distributed via "HTML email" in which the links to the news stories are embedded in the headlines.  The email you receive should look like a 3-column newspaper, with headlines for each story. If you receive the Daily Bankruptcy News by email and the copy you receive is not formatted like a 3-column newspaper, or does not seem to contain links to the news stories, you may have an email client that is not capable of receiving HTML email, or is not configured to display such email.  You can however, receive a daily email notifying you when the Daily Bankruptcy News is updated on the web site. If you would like to receive such an email, please let us know at admin@bkinformation.com  

Advertising
Advertising is available in the Daily Bankruptcy News in a variety of places, formats and prices. Go to http://bkinformation.com/DBN_ADs.htm  for a list of choices.  Feel free to contact us with any questions.

Passwords
Access to certain links in the Daily Bankruptcy News is available only to readers holding a paid subscription.  These links are currently marked with a "DBN Subscription Required" notation. The cost of a subscription is $3/month, payable annually.  A separate password is required for each member of a firm wishing access to restricted links. Volume discounts are available. New readers can receive a free password good for 30 days by going to http://bkinformation.com/RegistrationForm.cfm. Existing readers who wish to change their passwords should go to http://bkinformation.com/ChangePasswordForm.cfm. Readers who have forgotten their password should go to http://bkinformation.com/GetPassword.cfm

Adding Your Email Address To The Distribution List
If you would like to start receiving the Daily Bankruptcy News by email each day, go to http://bkinformation.com/SubscribeDBNForm.cfm  and fill in the information requested.  There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us at admin@bkinformation.com for help.  

Removing Your Email Address From The Distribution List
If you already receive Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear.  Note that the email must be sent from the same email address at which you are receiving the Daily Bankruptcy News. You do not need to type anything in the body of the email message.   If you do not receive an email confirming deletion of your email address from the distribution list  for the publication, contact us at admin@bkinformation.com for help.

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.