March 7, 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:

Democrats From California, Northwest Complain of Federal Impotence on Energy Crisis
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Charges fly in Congress at Calif. power hearing
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PG&E Slow to Embrace Davis' Grid Takeover Plan / Assets might bring more via bankruptcy  

Power and Politics
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California state Republicans call for special session on gas
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Dynegy, NRG detail long-term Calif. power contracts
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Energy crisis is likely to spread
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So Calif Small Generators Running Out Of Money, Patience
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Solar, Wind Power Back in Fashion
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LTV:

LTV DIP Financing Structure Ends ABS Challenge
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Steelmaker Gets $700 Million Financing During Chapter 11
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LTV Strikes A Deal
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LTV Reports Fourth Quarter Results; Steel Hit By Rising Imports, Falling Prices
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Crown Books:

Crown Books, Corp. Is In The Process Of Retaining Keen Realty In Chapter 11 Court Proceedings
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Books-A-Million buys 19 stores of ailing Crown Books
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Bankruptcy Court Allows Iridium To Sue Motorola For Billions
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Montgomery Ward Seeks To Expedite Asset Sales
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Natural Wonders and World of Science Announces Liquidation Plan
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Las Vegas home builder files for Chapter 11: Legacy Homes in dispute with lender
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Keen Consultants Organizing Bankruptcy Court Auction Of All Garden Botanika's Retail Properties
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Daisytek Sees No Financial Impact From US Office Products Moves
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Appeal Court Reverses Bankruptcy Court Ruling That Casino Doesn't Have To Give Back Debtor's Losses

Athey Products/Federal Signal Sale Closed
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Hyundai Electronics US unit misses $57 mln payment
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NorthPoint Communications Begins Structured Sale Process
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Anti-Tobacco Lawyers Awarded $637.5 Million
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  TWA:

TWA Creditors' Committee Issues Statement
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Northwest Air Won't Consent To Worldspan Amendments In Galileo Bid
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TWA Creditor's Committee Objects to American Airlines' Offer
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Icahn backs new bid for TWA Former boss brings baggage; unions might balk
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TWA Pilots Oppose Icahn-Financed Buyout
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American Clarifies Its Policy for Accepting TWA Ambassadors Club Memberships
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Bankrupt TWA not closing any doors yet
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TWA unsecured creditors object to American bid
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TWA to resume auction of airline
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TWA Contends Offer By Icahn Group Invalid
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Icahn group makes late bid for troubled TWA
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TWA pilots oppose any Icahn-financed buyout
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Aviation Holdings, Unit File For Chapter 11 Reorganization
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Banks, Brokers Feeling Pinch, Cutting Costs
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E4L Inc. Files For Chapter 11 Bankruptcy Protection
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Court Approves Vlasic Foods Bidding Procedures; Competitive Bids Due March 27th
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Furrs Supermarkets Retains Peter J. Solomon Company To Assist With Chapter 11 Restructuring Process
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Economy:

Factory Orders Drop to Lowest Point in More Than a Year
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Mind-Set of Investors Hints Market Has Yet to Hit Bottom
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The economy’s technology albatross

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Movie Theater Industry

Anschutz Awaits Edwards' Ok
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Movie biz faces plot twists: Dark screens, writers' strike
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Valenti Paints Bleak Picture for Movie Industry
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New life for movie industry

Bucks Up, Tix Dip
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Movie Expenses, Ticket Prices Rise
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Q&A: Catching a Break When You're Broke
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Cincinnati: Donahue Securities ordered liquidated - No deal to buy firm reached before hearing on Tuesday
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New Bankruptcy Opinions
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FAQ:
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Bankruptcy Reform:

Lloyd's presses Hill on bankruptcy bill
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Return On Investment?
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Easy Credit and Personal Honor
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Lloyd's takes aim at US bankruptcy legislation
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Bid to Help U.S. Investors in Lloyd's of London Nearing Vote
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Finova: Berkshire to the Rescue, Again
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Government Charges Citigroup With Predatory Lending
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Paul Harris Stores, Inc. To Liquidate; Keen Realty To Auction Final 266 Locations
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Washington Group faces short-term liquidity issues
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Lernout & Hauspie Shareholders to Vote on New Board-Election Measures
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Wilkinson stores get help - Temporary plan funds companies
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Outboard Marine:

Purchase of OMC Boat Group Completed; Genmar Now Industry Largest With 18 Brands
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OMC boat division purchase completed
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Grand Union Sale Complete; Buyer Plans to Sell Stores to Former Competitors
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Millionaire Buys Aryan Compound
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Dotcoms:

Victims of the tech wreck: Life after layoffs for seven dot-commers

Investors, entrepreneurs
all play the blame game

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Restructuring . . .

Xerox sells Fuji stake
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Mexico:

Mexican industries face debt

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Japan:

Japan scours ideas cupboard for economy remedy
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Minister rules out public funds to bail out Japanese banks  

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Australia:

New laws may have bankrupt barristers struck off

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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.