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
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Telecoms:

Iridium satellites back in orbit
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Telocity and Other ISPs Urge NorthPoint's Bankers to Accept Offer So Network Will Operate for Next 30 Days
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NorthPoint Communications Forced to Shutdown Network
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Iridium satellite network emerges from ashes
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Get ready for the fire sales
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InternetConnect Establishes NorthPoint Resolution Center
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World Access May Face Chapter 11 Protection
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ISP group blasts NorthPoint over funding
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Investors' Losses Mount on Telecom Upstart Bets
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NorthPoint To Close DSL Network
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100,000 Subscribers of NorthPoint DSL Face Disconnection
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Bankruptcy Reform:

Bankruptcy business booms - Law likely to change soon
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Bankruptcy Reform Bill May Boost Business Failures
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Bankruptcy Bill Under Consideration Would Impact Georgia
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Hungry Minds, Inc. Announces Revenues and Earnings Continue Below Expectations in Fiscal Q2 2001 and Continuing Discussions With Banks About Credit Agreement Default
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Bankruptcy Court Approves TSR Wireless Asset Purchase Agreement by Network Services LLC
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Economy:

Pessimism Is Rising on Wall Street--and That Might Be Good News for Markets
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Lernout shareholders oppose tech sale to Visteon
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Milwaukee: Former bankruptcy attorney charged with felony theft
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Computer Learning Center's Last Assets Are Sold for $20 Million
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Under FBI scrutiny, neighborhood group files for bankruptcy
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CyberCash Auction Date Set; Bids Due April 10 and Auction Held April 11
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Claridge Announces Approval of Fourth Amended Disclosure Statement
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  TWA:

Unions oppose TWA deal
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American Makes Offer to Pilots in Effort to Expedite Merger
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Play Co.

Play Co. unit files for bankruptcy
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Play Co. Toys & Entertainment Corp. to Conduct Orderly Wind-Down Of Its Business
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Toys International files bankruptcy - After paying creditors, no cash left for investors

Dorsey Trailers Enters Into Agreements to Sell Assets
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Crown Books: From Bankruptcy Court - The gift that never started giving
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Restructuring . . .

MarchFirst looking at large layoff?
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marchFIRST: Bankruptcy Bound?
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Broadband Provider ADC Axing Up To 4,000 Jobs
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Imperial Sugar Company Signs Letter of Intent to Sell Michigan Factories
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Monsour Medical:

Monsour Medical revisits bankruptcy

Pittsburgh Hospital Files for Bankruptcy Protection
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S&P May Cut Lucent Debt Rating to Junk
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Court OKs letting Kimco sell more Montgomery assets
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Viking Resources International, Inc. Retains Prestigious Law Firm to Perform Due Diligence on Legend Airlines Acquisition
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Tenet bid to acquire South Fulton approved by bankruptcy court
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Bridge:

Bridge in talks with "major German bank"
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Deutsche Bank's Breuer denies any interest in Bridge Information Systems
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Modesto Bee Wins Journalism Award For Coverage of Tri-Valley Bankruptcy
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Livent: Drabinsky points finger at Ovitz, auditors
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Tiny town near Dallas, facing bankruptcy, wants to dissolve
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VendingData Corp. Announces Acquisition of Assets of Spintek Gaming Technologies Inc.
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New Bankruptcy Opinions
(2 new opinions today)

Power Utilities:

With Energy Crisis Far From Over, Experts Say More Hikes Possible
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FERC chief will block vote on western power price caps
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Steep hike in electricity rate has Calif. feeling powerless 

Hot plus dry may equal dark?
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Powering up for lean times
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PUC Approves Largest Electricity Rate Increase in State's History
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Davis Keeps His Distance From Utility Rate Hikes
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Davis forced to see the light
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California May Face Cash Crunch Despite an Electricity-Rate Increase
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Trico:

Trico Steel files for Chapter 11
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Trico Steel lasted nearly three months after LTV's bankruptcy filing
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Giving workers notice - The federal plant closing law imposes a much-needed measure of balance
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Sen. Says Trico Violated Labor Law
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Dotcoms:

The Fall of Asia's Internet King
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Dot-Com Failures Reducing S.F. Office Rents
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Scour back to fill the Napster gap
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Bankrupt Legend Airlines Bounces Employees' Medical Payments
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Australia:

Pacific Dunlop offers third restructuring plan
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Japan:

Seiyo creates a debt-payment plan
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Korea:

Creditors OK Hyundai Bailout
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Thailand:

Thailand to amend law to help debtors
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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.