May 16, 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

         
Zany Brainy:

Toy seller seeks protection - Hurt by sluggish sales, Zany Brainy chain in Chapter 11 bankruptcy filing
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Zany Brainy learns all about bankruptcy
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Zany Brainy stumbles over Noodle Kidoodle
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Zany Brainy Blames Beanie Babies For Ch. 11
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Banks Cut Prime Rate
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WGI fails, sets for fight with Raytheon
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Wilmington Trust Hosts Interactive Webinar On Bankruptcy Law On May 17
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Loss of Internet Provider Has Businesses Searching for a Link
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New buildings in Raleigh, N.C., Area Give Office Landlords Empty Feeling
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Bankrupt Kitty Hawk Strikes Freight Deal With Struggling EGL
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Anna Nicole: 

Bankruptcy Judge Criticizes Probate Court Injunction Prohibiting Playmate's Attorneys From Pursuing Contempt Sanction

California judge sets May 24 hearing on Playmate's right to $475 million

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Bankruptcy trustee's suit targets Brennan's gains from sale of horse sculpture
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Owner of Centerville, Ga., Mall Files for Bankruptcy
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UAW Defends Bid on Bankrupt Resort
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Judge Postpones New Jersey Financier's Case Pending Federal Sentencing
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American Appliance:

Appliance-store patrons to receive merchandise
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Court Bans Credit Card Protection Marketer
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American to Drop 50 of TWA' s Gates

Bankruptcy Reform:

Critics say revamped Chapter 11 could sink some small businesses
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  Power Utilities:

Calif. Okays Steep Electric Rate Rise
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$5.7-Billion Energy Rate Hike Is OKd
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Davis finds his ramrod for risky energy bill

260 Hours of Summer Blackouts Predicted
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The Power behind the POWER - PG&E board doesn't suffer from energy crisis

Edison Deal Sets High Legislative Hurdle for Davis
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Judge Asked to Block Freeze on Power Rate
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New Calif. Power Rates Punish 'Energy Hogs'
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Customers vent to state about rising power rates
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Shortages Threaten California Economy
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California PUC approves plan to allocate record rate hike
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All-Out Attack on Bush Energy Plan Is Readied
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Utilities are headed down troubling path: The expansion frenzy may eventually lead to consolidation into a few super-giant energy companies for all of the United States, Canada and Mexico
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Agency downgrades California's credit
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PG&E reveals banks called in $454M in loans

El Paso Gas Supplier Denies Monopoly
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Group says summer power blackout peril 'severe'
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The Shape of Things to Come: Anaheim, Calif.-Based Fabric Dyer Closes Doors; Can't Pay Natural Gas Costs
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Lawyers and business still have plenty of energy for their battle
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Indifference to California
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U.S. warned if it doesn't invest more in infrastructure, the energy crisis will worsen
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Finance Chiefs Now Are First to Go in United States
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New Bankruptcy Opinions
(1 new opinion today)

Sunbeam:

Ex-Sunbeam officers charged with fraud
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Who's Laughing Now, Chainsaw?
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SEC Sues Five Former Sunbeam Execs
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SEC Alleges Fraud Against 'Chainsaw' Al Dunlap, Other Ex-Sunbeam Execs
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SEC sues five former Sunbeam executives over 'cookie-jar' accounting
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First Union Stands By Its Bid for Wachovia
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Telecoms:

Ericsson seeks US$31m from Globalstar
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Internet Service Provider Failure Puts Chevy Chase, Md.-Based Bank Off-Line
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Globalstar Posts Loss, Defaults on Debt
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Why Good Ideas Go Bad - Boston Chicken's founder offers his insight
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Canada:

Dolphin Telecom close to drowning, facing possible bankruptcy
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Blackwatch dreams fading: Bankruptcy protection
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Japan:

Japan FSA says shouldn't rule out 2nd debt relief
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Debt left by Japan bankruptcies up 10.8% on year in April
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Japan bankruptcy debt rises 11 pct in April
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Structural reforms key to recovery
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Failed Japanese retailing mogul turns around as a role model 

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Turkey:

Farmers put village up for sale
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