May 22, 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

         
Telecoms:

Teligent Files for Chapter 11 Protection - Move Adds to Doubt On Broadband's Role
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Teligent Files For Chapter 11 Bankruptcy
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Another Wireless Snarl: Teligent in Bankruptcy Court
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Teligent fails to meet creditors' deadline
(DBN Subscription Required)

Teligent, Mpower latest providers to run into trouble

Globalstar Names Former ICO Head As New Chairman In Sign That Bankruptcy May Loom
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Who wants to be an ex-billionaire? Lessons from PSINet's former CEO William Schrader
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My Falling Globalstar
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Rumors of Iridium's Death Greatly Exaggerated  

LPEA throws $75,000 lifeline to REAnet
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Is it safe not to go into the water?

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Idaho judge deals blow to Raytheon in dispute over sale that led to Washington Group bankruptcy
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Fine Air:

Fine Air unveils Chapter 11 exit plan
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Fine Air Services Files Reorganization Plan
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Sames:

Sames Corporation's French Subsidiary Sames S.A. Has Determined to File For Bankruptcy Protection Under French Law
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News of Subsidiary's Bankruptcy Filing Affects Shares of Illinois Manufacturer
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Bankruptcy Reform:

Of puppies, kittens and huge credit-card debts

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IRS Informants Led to Raid Former San Antonio-Based Brokerage InverWorld, Documents Show
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Board Expected to Choose Favored Bidder for Bankrupt Las Vegas Resort
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High-Tech 'Haves' Sizing Up Bankruptcy Deals
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BLUEPRINT FOR BANKRUPTCY: PART 2 OF 4 Title IX often scapegoat when men's programs are cut   

 

Power Utilities:

California Power Workers Confess Deliberate Shutdowns
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Blackout . . . of information
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Assembly Democrats prepare alternative to governor's Edison plan

Bush-Cheney Subsidies for Energy Barons
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California energy crisis now "very serious" - poll
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Legislators Set to Sue Federal Energy Agency
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Energy Crisis, Economic Woes Make Californians Gloomy About Future
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Energy Price Controls: Been There, Done That
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Energy co's say they not villains in Calif crisis
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How Do You Like Getting the Bidness from These Ol' Boyz? Suddenly, An Energy Crisis!
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Developments in California's energy crisis

Energy crisis not real, state's residents say / But poll results show most expect more blackouts  

California Officials Blame Texas-Based Companies for Energy Crisis
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City in legal bid for power payment - Looks to recover about $6 million in unpaid bills for energy it provided to state
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Republicans blast governor's hiring of Democratic advisers

Businesses May Seek Blackout Exemption
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Creditors contest Loews plan
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U.S. junk bond defaults - the worst is yet to come
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Casual Male not expecting to downsize while in Chap. 11
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Ultra Motorcycle Co. Files for Chapter 11; Company to Continue Normal Operations During Financial Restructuring
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Steel:

Busted Northwestern Steel douses furnace
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Steelworkers Meet With Pennsylvania Legislative Caucuses To Discuss Solutions to Steel Crisis
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New Bankruptcy Opinions
(1 new opinion today)

Harnischfeger:

Harnischfeger prepares to exit bankruptcy
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Court approves plan for Harnischfeger to emerge from bankruptcy
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Lechters:

Lechters seeks Chapter 11 protection
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Lechters Files for Bankruptcy Protection As Its Belt-Tightening Measures Founder
(WSJ: Paid subscription required)

Lechters Files for Chapter 11
(DBN Subscription Required)

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Chicago's winds of change
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IBP lawyer: I was busy
(DBN Subscription Required)

Bankruptcy Court Approves Sale Of KeraVision's Assets to Addition Technology
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Dotcoms:

Aztec Technology: Down elevator plunging fast, going concern doubts
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PermitsNow: First the Doors Closed, Now Bankruptcy
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CyberRebate Bankruptcy Has E-Shoppers Reeling
(DBN Subscription Required)

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England:

Hamilton Forced Into Bankruptcy By Fayed
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Hamilton due in court for bankruptcy hearing
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Fourteen directors at one company banned
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Business failure hits nine-year high
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Switzerland:

Swiss court declares top sports rights firm bankrupt
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________________

Australia:

Australia Bankruptcies Rise 33% After New Tax System
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Bankruptcies on the rise
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Govt attacks bankruptcy report
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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.