March 6, 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

         
US Office Products:

US Office to sell last assets
(DBN Subscription Required)

U.S. Office Products Files For Chapter 11 Bankruptcy
(DBN Subscription Required)

UPS Picks Up Mail Boxes Etc
(DBN Subscription Required)

US Office Products files Chapter 11, plans sale of subsidiary assets
(DBN Subscription Required)

U.S. Office Products Owes United Stationers $26 Million As Of Today
(DBN Subscription Required)

Buhrmann To Acquire Unit Of U.S. Office Products For $250 Million
(DBN Subscription Required)

______________

Buchanan Ingersoll opening Delaware office
(DBN Subscription Required)

Universal Forest Products To Buy Kevco Manufacturing Unit
(DBN Subscription Required)

Legend Airlines:

Legend leaves lasting legacy at Love Field
(DBN Subscription Required)

Start-Up Carrier Legend Airlines to Surrender Operating Certificate
(DBN Subscription Required)

Legend Air Loses FAA Certification
(DBN Subscription Required)

____________

Sunbeam Wins Final Court Approval of $285 Million Financing Pact
(DBN Subscription Required)

Paracelsus Healthcare Corporation Reports Status of Chapter 11 Confirmation
(DBN Subscription Required)

Paul Harris:

Paul Harris Can't Get Funds for Reorg
(DBN Subscription Required)

Bankrupt retailer to close remaining stores
(DBN Subscription Required)

______________

Lernout Plans to Resume Daimler Talks
(DBN Subscription Required)

IRS Undertakes Probe of Offshore Trusts
(DBN Subscription Required)

Dark Days for Detroit's Suppliers
(DBN Subscription Required)

Federal Mogul:

Lehman cuts Federal-Mogul - long term viability questionable
(DBN Subscription Required)

Federal-Mogul Dn: Asbestos Litigation Weighing
(DBN Subscription Required)

_______________

Government Bankruptcy Attorney On Short List For Washington State U.S. Attorney
(DBN Subscription Required)

Stan Lee Media Gets Delisting Warning From Nasdaq
(DBN Subscription Required)

Economy:

Services Up, Manufacturing Outlook Bleak
(DBN Subscription Required)

Job Cut Announcements Soar in Feb.
(DBN Subscription Required)

_______________

Dotcoms:

Dot-Com Diary: Dot-com blues
(DBN Subscription Required)

Unable to find financing, CyberCash files for bankruptcy
(DBN Subscription Required)

Etoys Suffered Fiscal Ills From Growing Up Too Fast
(DBN Subscription Required)

_____________

Philadelphia: Prima Facie files Chap. 11 to aid sale
(DBN Subscription Required)

 

  TWA:

Objections To The Proposed Sale
(DBN Subscription Required)

Worldspan Says Galileo International Bid 'Without Merit'
(DBN Subscription Required)

Group Offers Alternative to AMR for TWA
(DBN Subscription Required)

Freeman Group Submits Plan for TWA
(DBN Subscription Required)

TWA to study Icahn's late bid
(DBN Subscription Required)

Bid would keep TWA aloft - Airline officials say $655 million offer too late for first auction
(DBN Subscription Required)

TWA Weighs Independent Funding, Takeover Options
(DBN Subscription Required)

Icahn-backed $650 mln bid prompts TWA to postpone decision
(DBN Subscription Required)

Rival bidder for TWA predicts American win
(DBN Subscription Required)

TWA Auction to Continue Wednesday; American's Offer Remains Only 'Competing' Bid
(DBN Subscription Required)

TWA May Land With Icahn - Buyout group's 650M bid tops AMR, but union balks
(DBN Subscription Required)

American Airlines Likely Buyer for TWA
(DBN Subscription Required)

TWA Lawyers Discuss AMR Bid
(DBN Subscription Required)

Worldspan Decries Galileo Over Bid
(DBN Subscription Required)

TWA Workers Dispute Ending Israel Route
(DBN Subscription Required)

____________

Power Utilities:

Pwr Generators: PG&E $1 Billion Loan Use Won't Affect Receivables
(DBN Subscription Required)

California utilities stiff ISO $1.25 billion for December bills
(DBN Subscription Required)

Cal power deals lacking
(DBN Subscription Required)

Duke Agrees on Calif. Power Contracts
(DBN Subscription Required)

Calif. Signs 40 Long-Term Power Contracts
(DBN Subscription Required)

California power crisis brings wider worries for IPPs

Angelides Makes Right Moves in Power Crisis
(DBN Subscription Required)

Tax Cuts for Utilities Hurt School Funding
(DBN Subscription Required)

Senate committee approves bill to extend SDG&E rate freeze
(DBN Subscription Required)

Talks to Continue for Energy Crisis Solutions
(DBN Subscription Required)

_____________

B&C Investments Group Lowers Heilig-Meyers Stake To 9.8%
(DBN Subscription Required)

Lawsuits aim at former U.S. Interactive officers
(DBN Subscription Required)

Lender files to sell Artech equipment

Big bingo products supplier files for bankruptcy
(DBN Subscription Required)

Raytheon Sued Over Deal

Laclede Steel's woes continue; sales down 14%: Company notifies lenders it may violate some financial covenants
(DBN Subscription Required)

Florida: Virtacon files for bankruptcy court liquidation
(DBN Subscription Required)

 

 

New Bankruptcy Opinions
(2 new opinions today)

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

Bankruptcy Reform:

British insurer hires Dole to make case against bankruptcy rule
(DBN Subscription Required)

Homestead Exemption an Issue with Bush Administration
(DBN Subscription Required)

The real quid pro quo in Washington
(DBN Subscription Required)

Bankruptcy reform could finish firms Experts: Businesses that could recover won't if bill passes
(DBN Subscription Required)

U.S. Bankruptcy Bill Would Help Consumers, Pennsylvania Republican Says
(DBN Subscription Required)

Corporate Donors Seek Return On Investment in Bush Campaign
(separate WSJ subscription required)

Senate Starts Work on Bankruptcy Overhaul
(DBN Subscription Required)

_____________

Finova's Two Top Executives Step Down in Wake of $6 Billion Bailout
(DBN Subscription Required)

Stipulated Order Releases Nord Rabbi Trust Assets
(DBN Subscription Required)

Raleigh/Durham: Lack of leaders killed Athey
(DBN Subscription Required)

LTV:

LTV Steel gets financing
(DBN Subscription Required)

LTV Corp. Gets $700 Million DIP Financing
(DBN Subscription Required)

LTV Steel Company May Cease Payment of Pensions to Retired Workers
(DBN Subscription Required)

_____________

Telecoms:

Banks Wince at Looming Telecom Debt Worries
(DBN Subscription Required)

Advanced Communications Technology Expected To Get Bankrupt Orbcomm
(DBN Subscription Required)

Can Satellite Services Survive In A Wireless World?
(DBN Subscription Required)

_______________

Movie Theater Industry:

Getting the picture: Theaters splice together new script after overbuilding, bankruptcies
(DBN Subscription Required)

____________

Restructuring . . .

Xerox Wants Out of Fuji Venture
(DBN Subscription Required)

____________

Canada:

Bankruptcy overseer struggles - Could face shortfall
(DBN Subscription Required)

Montreal Trust Files Notice Against Redekop Properties
(DBN Subscription Required)

Health Care Unit Lays Off 200 More
(DBN Subscription Required)

______________

Korea:

Six Banks Agree to Guarantee Hyundai Engineering's $400 Million Loan
(DBN Subscription Required)

GM Still Interested in Daewoo if Restructuring Progresses
(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.