March 9, 2001 Daily Bankruptcy News

March 9, 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

TWA: TWA board approves AMR's $742 million bid (DBN Subscription Required) Icahn raises TWA bid - Increased bid comes day after TWA selected bid from American for assets (DBN Subscription Required) Ally of Icahn in T.W.A. Bid Acknowledges Ticket Stake (NYT: free registration required) Icahn-financed group sweetens offer for TWA (DBN Subscription Required) Freeman Proposes Revised Plan of Reorganization (DBN Subscription Required) Rejected TWA bidder ups bid for non-St. Louis assets (DBN Subscription Required) US Senate bill could transfer United, American slots (DBN Subscription Required) ______________ L&H bankruptcy gets messier (DBN Subscription Required) Regulators, Bankers Differ on Curbing 'Predatory' Lending (DBN Subscription Required) Ultra Stores Files Chapter 11 Bankruptcy Petition Dotcoms: Tech Downturn Deflates Silicon Valley's Swagger (DBN Subscription Required) Industry's Small Fry Will Miss EToys (DBN Subscription Required) EToys Epitaph: 'End of an Error' (DBN Subscription Required) Venture capitalists helped weave tangled Web (DBN Subscription Required) Second sight Swept away by market's siren song (DBN Subscription Required) Net realty firm Zethus shuts down operation (DBN Subscription Required) Urban Box Office Seeks Bankruptcy Court OK For Funding Plan HoopsTV is nothing on the Net; BankZip.com zapped (DBN Subscription Required) CyberCash does some explaining to Nasdaq (DBN Subscription Required) ______________ United Artists Theatre exits bankruptcy S&P Lowers Ratings on Heilig-Meyers Trust 1998-2; Still Watch (DBN Subscription Required) Publishing company's plan to acquire Coral Springs competitor PNV approved by bankruptcy court (DBN Subscription Required)	Bankruptcy Reform: US Senate leaders try to speed bankruptcy debate (DBN Subscription Required) Bankruptcy overhaul bill bogged down in Senate (DBN Subscription Required) Bill to Restrict Bankruptcies May Lead to Surge in Filings (NYT: free registration required) Banks, Big Credit Lines and Consumer Bankruptcy Glendale, CA: Local lawyers critical of bankruptcy bill (DBN Subscription Required) Letter from Ralph Nader to Senators Trent Lott (R-Miss.) and Tom Daschle (D-S.D.) (DBN Subscription Required) Tougher Bankruptcy Laws — Compliments of MBNA? (DBN Subscription Required) Congress May Limit Bankruptcy Filings (DBN Subscription Required) Secret Financial and Emotional Costs of Bankruptcy Take a Toll on American Families Rush To Passage of Bankruptcy Reform and Other Laws May Cost Bush (DBN Subscription Required) ____________ Benz Energy goes to Chapter 7 (DBN Subscription Required) Telecoms: Satellite phones: Lost in space (DBN Subscription Required) Bankruptcy Court Approves Sale and Migration of DSL Customer Accounts From Fastpoint Communications Inc. to Covad Communications (DBN Subscription Required) ______________ Steel: Bush officials weighing help for steel industry (DBN Subscription Required) GS Industries Obtains Debtor-In-Possession Financing To Fund Chapter 11 Reorganization (DBN Subscription Required) _______________ Bankruptcy judge reveals Grayson plea bargain effort (DBN Subscription Required) Reports vary on closures of Lasik clinics (DBN Subscription Required) Sunbeam Gets Bankruptcy Court OK For $1.4 Million Employee Retention Bonus Pool CVS taking over 10 Grand Unions (DBN Subscription Required) Connecticut House Passes Waterbury Bailout Bill To Avoid Bankruptcy (NYT: free registration required)	New Bankruptcy Opinions (2 new opinions today) FAQ: Tired Of Having To Type In Your Password Repeatedly? Power Utilities: Ruling opens door to California rate hikes (DBN Subscription Required) Calif. power bonds seen as mostly tax-exempt (DBN Subscription Required) Power Structure / Legislation could lock out flexible, innovative answers A Cry for Early Blackout Warnings (DBN Subscription Required) Only Time Will Tell if Energy Pacts Are Good for Ratepayers (DBN Subscription Required) Small California Power Plants Shut, Posing Risk ___________ Washington Group, Facing Bankruptcy, Alleges Fraud in Purchase of Raytheon's Engineering Unit (DBN Subscription Required) Biddeford Textile seeks Chapter 11 protection (DBN Subscription Required) Witnesses Testify in Bankruptcy Fraud, Money Laundering Case of New Jersey Financier (DBN Subscription Required) Anna Nicole: Probate Jury Disses Anna Nicole (DBN Subscription Required) ____________ Brunswick Acquires Princecraft Boats In Bankruptcy Sale (DBN Subscription Required) Restructuring . . . Cisco Planning to Cut Staff (DBN Subscription Required) Intel To Cut 5,000 Jobs (DBN Subscription Required) Brunswick Cuts 500 Powerboat Jobs (DBN Subscription Required) ______________ Japan: Japan admits economy is facing disaster (DBN Subscription Required) Japan in policy disarray, economic package awaited (DBN Subscription Required) No Joke: Send More Lawyers - Attorneys are few in Japan (DBN Subscription Required) Japan nearly bankrupt, finance minister warns ______________ Weather Forecast: Enter City, State, or Zipcode: