May 15, 2001  

Daily Bankruptcy News

Brought to you by BKINFORMATION.COM - The Source for Business Bankruptcy Information on the Internet 

Also available on the Web (with links to the news stories)  at: http://bkinformation.com/News/DailyNews.htm

Prior editions available at http://bkinformation.com/bankruptcy_news.htm

         
Bankruptcy Reform:

The Next Chapter
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Privacy Reform Update
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Casual Male reportedly may be forced to seek bankruptcy protection
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Payday Loan Services Thrive in Florida as Economy Slows
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Telecoms:

Telecom scavengers bulk up with bargains
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Winstar Receives Court Approval for $300 Million DIP Financing
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Metrocall kills WebLink deal
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Winstar Is Flying High
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As Alternative Telecoms File Bankruptcy, Some Smaller Telecom Providers Drop Out of Fight to Steal Market Share
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BroadBand Office Files For Bankruptcy
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U.S. Supreme Court Rules on 'Excessive' Punitive Damages
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Storage Company OnStream Returns From Bankruptcy
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Anna Nicole:

Bankruptcy and probate judges  conflict on Smith - Model's fight could go to Supreme Court

Smith's lawyers: Stepson should be fined for contempt
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Playboy Playmate sued for suit over late husband's estate
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CSC Steel Company Continues Search for Buyer of Warren, Ohio, Mill, Bankruptcy Court Approves Hiring of Financial Advisor
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Lindner eyeing Cincinnati sports assets in bankruptcy auction
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Johnstown, Pa., Developer Files for Bankruptcy
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SunTrust makes hostile bid for Wachovia
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Union Bids on Bankrupt Palm Springs, Calif., Resort
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Olathe, Kan.-Based Trucking Firm's Founder Discusses OTR Closing
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Last Paul Harris president pursues retailer's revival
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Lernout & Hauspie reshuffles board, postpones AGM
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HealthScout News Service Purchased In Bankruptcy Sale
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Summer of Air-Travel Misery Is Again Likely as Woes Continue to Grow, Smaller Carrier Bankruptcies Likely
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  As Bankruptcy Practices Boom, Let the Lawyer Layoffs Begin
(WSJ: separate paid subscription required)

Power Utilities:

Pacific G&E says lenders called in $550 mln loans
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Edison Int'l posts loss on charge for power costs
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Lawyers Shine Even With the Lights Off
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Natural Gas Firm's Tactics Focus of Trial
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PG&E, State Regulators Spar in Court
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El Paso in two-front war against price-fixing charges
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Electric sheikhs of the north - Canadian utilities are cashing in on U.S. energy crunch
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PG&E: 'Someone' has to pay another $4 billion in lost costs

Edison Int'l shareholders' modest dreams shattered
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California's firms to lose power and money
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Moody's rates PG&E National Energy's long-term debt at Baa2
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Democrats to Offer Energy Plan
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Edison shareholders feeling the heat as values plunge
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Experts says market probably fixed

Florida shrugs off Calif.-blackout scenario
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Energy Surcharge Fuels Suit
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Calif power rate hike put on hold
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Server farms take heat during crisis
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Pacific Gas & Electric seeks end to Calif. rate freeze
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Praying for a cool August
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California alone is to blame for crisis
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TWA:

American Airlines Won't Pay TWA Bill's to Sarasota, Fla.-Area Airport
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American to delay honoring TWA mileage program
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Indiana Bankruptcies Increase
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Slatkin:

Federal Agents Raid Slatkin's Goleta, Calif., Office, Freeze Assets
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U.S. Seeks Appointment of Trustee in Slatkin Bankruptcy
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Seeking Answers in Slatkin Puzzle
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New Bankruptcy Opinions
(No new opinions today)

Washington Group:

Washington Group goes under
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Washington Group files Chapter 11 to restructure
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Washington Group Restructures
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Contractor blames Raytheon for bankruptcy action
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Birmingham, AL: Parent company of Rust files for bankruptcy - City division reassures workers that troubles won't affect them
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Washington Group's bankruptcy again halts Mass. power projects
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Raytheon does not see Wash. Grp bankruptcy hurting cash flow
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NYSE says to delist Washington Group shares
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Hanford contractor declares bankruptcy
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Boise, Idaho, Construction Firm Seeks Bankruptcy Protection
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Economy:

Fed Expected To Cut Rates Again
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US downturn to last longer than expected
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Credit Card Charge-Offs See Modest Gain
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Home Place:

HomePlace finally closes shop
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Closeout Sales Under Way at Waccamaw Home-Furnishing Stores
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HomePlace Stores Begin Final Liquidation
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SEC: Raising the heat
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Microsoft's Paper Millionaires Ruined: Houses For Sale All Over Silicon Valley As Shares Go Into Freefall
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Buyers Take Notice of Kansas City, Kan.-Based Bankruptcy Software Firm
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Ireland:

Bankrupt man has millions, court hears
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Canada:

Blackwatch troubled - Film distributor/producer files for bankruptcy protection
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Octagon Industries - Restructuring Plan
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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.