May 1, 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

         
Discounters move on to their next victim: grocery chains
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Matthews Studio to Sell Assets
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Leading U.S. Bankruptcy Partners Join Allen & Overy New York
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Lernout & Hauspie:

L&H meeting offers cold comfort
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Lernout & Hauspie Founders in Jail
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Power Utilities:

Davis Optimistic Despite Power Woes
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Energy woes jazz up construction engineering stocks
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Power Woes Complicate Discussions on Budget
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Summer power study points to New York City problems
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List of PG&E Creditors Shows Firm's Wide Reach in Business
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Energy Crisis Has Gov. Gray Davis Looking Backward
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Judge Dismisses Duke Energy Power Lawsuit Against State
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FERC order opens debate on Calif. fees for power sales
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Bills target high natural-gas prices
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Gov. Davis sees Calif. energy crisis over by 2003
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Interfase Capital Finances Reorganization of Stan Lee Media
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Power subsidiaries doing great
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Davis calls electricity generators on carpet
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Ginsburg's

Ginsburg Gets Fitted To File For Ch. 11 'in Days'
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New York City Men's Clothing Store Files for Bankruptcy Protection
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Men's Retailer Moe Ginsburg Is to File for Bankruptcy
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More filing as bankrupt
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  Bridge:

Reuters wins Bridge assets
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Reuters buys some Bridge assets for $275 million
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Reuters wins Bridge bid - Reuters beats out SunGard in auction for certain assets of bankrupt Bridge
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Reuters poised to grow U.S. presence as Bridge bid declared 'highest and best'
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Restructuring . . .

Analysts see more Dell layoffs
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ExciteAtHome to Cut Work Force by 13 Percent
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Communications software maker Comverse maintains targets, but cuts nearly 400 jobs
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LTV Announces That USWA Leaders Agree to Constructive Talks on Restructuring LTV Steel
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Worldwide Xceed Group, Inc. Files Chapter 11
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Bankruptcy Reform:

Senate Passes Chapter 12 Extension - Bill Goes To President
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Dotcoms:

marchFIRST marches into liquidation
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KOZ.com Files For Bankruptcy
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Is Privacy Too Expensive?
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Dallas docs file for bankruptcy
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Weiner and Weltchek, Architects Of $185 Million Merry Go Round Bankruptcy Claim Form Own Law Firm

Coast Guard officer pleads guilty to bankruptcy fraud
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Newport News, Va., Architectural Firm Seeks Bankruptcy Protection
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San Joaquin County, Calif., Bankruptcy Filings Increase Sharply
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Many CEOs See Incomes Rise despite Slow Economy
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Third company shows interest in AccessAir - Directjet Aviation wants the bankrupt airline's federal operating permits.
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New Bankruptcy Opinions
(No new opinions today)

Telecoms:

PSINet fall mirrors hopes, decline of industry
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Bondholders ask Covad to restructure
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PSINet looking like the Titanic
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Two Tech Titans, Two Hard Falls
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Orbcomm Hunkers Down In Meetings With New Owners To Plan and Discuss Rebound
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Teligent given time to escape liquidation
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PSINet Bucks Its 'Cowboy'
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Nasdaq Boots Winstar
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PSINet founder steps down
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Pliant:

Pliant to file bankruptcy, slashes staff
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Pliant Systems to File Voluntary Petition for Chapter 11 Bankruptcy Protection
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Durham, N.C., Telecom Equipment Maker To File for Bankruptcy
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England:

Disgraced Aitken moves out
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Japan:

Stricter rules needed on debt relief
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Police quiz kin of ex-Sogo head
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Canada:

Hart Brewery faces bankruptcy - Award-winning Carleton Place company has 30 days to find a buyer
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Hong Kong:

Hong Kong banks take a hit from personal bankruptcies
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