May 21, 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

         
Power Utilities:

Gov. Davis Critical of U.S. Bankruptcy Court
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Energy Crisis to Cause Rent Increases, Says NAR
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Judge dims PG&E producers' shot at relief
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PG&E Judge Bars Panel of Customers - Pacific Gas & Electric Co.'s 4 million customers are not entitled to a committee to represent interests in bankruptcy case
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Power Juggling Ramped Up Price / Insiders Say Manipulation Also Strained Equipment
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California Left Twisting in the Political Wind
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Bankruptcy Judge won't raise rates to aid PG&E - Says Power Belongs To Regulators
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Injured workers lose out: The funds dry up at the company that ran PG&E's disability program
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Davis Sharpens Attack on Bush Energy Plan, Also Hires High-Profile Consultants
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SoCal Edison says to retain $1.9 bln cash position
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Officials to review `baseline' on bills
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Judge scraps ratepayer committee in PG&E case
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Bush accused of handing bonanza to oil industry
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PUC Allegations Detailed - Maintenance Records Show No Valid Reason For Generators To Cut Power Production
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Statement By PG&E Creditors Committee Regarding Judges Order to Vacate Ratepayers Committee
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Energy Crunch / Investigations / Power Firms Fueled by Greed, Lockyer Says / Out-of-State Generators Face Multiple Probes
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Reliant Rejects the Governor's Criticism
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Energy plan generates debate: California in peril offered 'no relief,' governor says
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Bush-Cheney Energy Plan Is Lopsided And Impractical
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Some cities seek blackout exemptions
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Dynegy chief sees Calif. plant seizures unlikely
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A Powerful Memory
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Should stockholders dump stake in PG&E?
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Calif Gov Eyes June Vote On Edison Rescue Bill
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Bush Energy Plan Gets It Wrong
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LA Times: on California: Generation After Generation, State's Residents Learn Energy Lessons
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Energy notebook - Judge upholds contracts
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Judge Holds 4 Generators to Contracts With PG&E
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PG&E gets OK to pay $37m in energy rebates
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Power firms in California accused of cashing in
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Cheney Points Finger at Davis in Energy Crisis
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Reliant Defends What It Charged State for Power
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PG&E Paid Santa Barbara County, Calif., Only Part of Property Tax Bill
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PG&E Issues Statement On Court's Decision On Ratepayers' Committee
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Bush Energy Plan Has Little Merit for Natural Gas Producers
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Court Documents Show Extent of Debt of California Utility Company
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Davis Calls in Some Big Guns on Energy Crisis
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After Huge Rate Increase, California's Electricity Rates Seen Climbing Again
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LA Times: Power Plants Shut Down to Drive Up Prices, Lynch Says
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  Casual Male to Restructure Under Chapter 11
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Fine Air Files Plan of Reorganization
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Reuters to Help Keep Savvis Afloat
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Telecoms:

Teligent Bankruptcy Today?
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Teligent readies chapter 11 filing as debt extension fails to help
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Pathnet Case Shifts to Va.
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AT&T, feds failed customers of bankrupt NorthPoint

BroadBand Office Sinks
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Party's over at BIG - Trustee Pressman cleans up after BIG bankruptcy

Court Transfers Pathnet Ch. 11 Case To Va. From Delaware
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Bankruptcy Court Clears Way for Carlson to Acquire Travel Agency Franchise Operations Of ByeByeNOW.com
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Reuters plans to help keep Savvis afloat to complete purchase of assets from bankrupt Bridge
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OnSite seeks refuge in Chapter 11
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Trustee Plans to Sell Assets of Bankrupt Halfmoon, N.Y., Mortgage Lender, National Finance
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Northwestern Steel and Wire closing, 1,400 layoffs
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1st-quarter loss for Finova: $75.7 mil
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More jobs cuts expected as Pillowtex restructures

Anna Nicole:

Anna Nicole Smith loses bid for additional $475 million
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Dotcoms:

Bankrupt dot-com owes Harvard students thousands
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Audio, video firm Streamsearch.com files for bankruptcy
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Charge Cyber Scam Hit Buyers for $80M
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EBay Profiting From Dot-Com Deaths?
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The Day the Rebates Died
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St. Louis-Based Audio, Video Web Firm Files for Bankruptcy
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Slatkin:

Slatkin case: Where are investment guru's funds?
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Outlook Bleak for Slatkin Investors
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Portland: Bankruptcy is Assisted Living's likely outcome

Two top Stevens Financial Group officials step down from posts - Bankruptcy trustee is named; venue change coming up in court Monday
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College sports' finances: A blueprint for bankruptcy
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Owens Corning Pursues Restructuring, Growth Initiatives
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Expert Witness Sues Firm for Fee After Client Declares Bankruptcy
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Court Orders Raytheon to Comply With Purchase Agreement - Washington Group's Right to Balance Sheet 'Absolutely Clear'
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Oakland lawyer faces securities fraud charges / SEC alleges he bilked investors out of millions  

Some departing tech CEOs land big money
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Chicago: High profile Loop consumer bankruptcy lawyer charged in bankruptcy scheme
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Radio minister, bankruptcy lawyer accused of bankruptcy fraud
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Buffalo: Bankruptcy filings take big jump

 

 

 

New Bankruptcy Opinions
(No new opinions today)

Banamex, Citigroup Merger's Trade-Off
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Minneapolis/St. Paul: Rare-book Dealer Files Chapter 11

Fruit of the Loom sues Warnaco
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Warnaco faces more suits
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Ventura County Developer Files for Chapter 11
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Dallas: Bankrupt United Paper on sale block to pay creditors

Bankruptcy-Related Pension Lawsuit Has Wide Implications
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Inco Homes ordered to face creditors

Economy:

Data on Exports Suggest Steeper U.S. Slowdown
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Many others affected as bankrupt Color Tile unravels
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Protect yourself against bankruptcy filings
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Richmond, Va., Trade Show Organizer Files for Chapter 11 Bankruptcy Protection
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Family Golf Centers Seeks Crt OK To Pay Off DIP Loan
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Lexington, Ky.-Based Internet Bookseller Sued by Chicago Company
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Plan saves Allegiant Air - Carrier's major creditor seeks to take over the Fresno-based airline
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Loews Cineplex Receives Court OK To Pay Film Fees

AccessAir's few assets to be liquidated
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Lucky Gamblers Push Aladdin Towards Bankruptcy
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Bankruptcy court approves aid for Washington Group
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3 ex-Baptist Foundation officials plead guilty to fraud
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Houston: Truck parts distributor Transcom rolls into problems, files Chapter 11

Board of bankrupt Regent Casino expected to choose favored bidder for resort
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Nonunion Vlasic workers lose jobs - Up to 70 employees learned they would be laid off when the bankrupt firm is sold Tuesday or soon after
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Executive getting $550,000 to liquidate TWA's assets

England:

Reform leaves the way open for crooks - The Company Law Review backs enterprise but rogues will continue to thrive
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Alarm Bells Ring Again For Maxwell, Headed For "Financial Extinction?"
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Canada:

Uniforet shareholder claims U.S. notes as payment
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Australia:

Bankruptcy hits Australian economy
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Aussie insurance firm collapse may damage economy

Keep the mansions and yachts, boys, we've got it covered

Australia's GST Forces More Small Firms Into Bankruptcy
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Hong Kong:

Law Society Refuses To Sanction Advertisement Touting Bankruptcy Services
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Copyright 2001  [BKINFORMATION.COM]. All rights reserved.