May 25, 2001 Daily Bankruptcy News

May 25, 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

Anna Nicole: Smith's $475 million award blocked (DBN Subscription Required) Judge throws out $475 million bankruptcy court award to Anna Nicole Smith Judge Throws Out $475M Court Award __________________ New World makes second bid for Einstein (DBN Subscription Required) Marketing Specialists Files for Chapter 11 Protection (DBN Subscription Required) Movie Theaters: Edwards Theatres Files Plan of Reorganization; Plan Includes $56 Million Recapitalization of 59 Theatre Circuit (DBN Subscription Required) Bankruptcy May End Family's Control of Newport Beach, Calif., Theater Chain (DBN Subscription Required) Plague of Closing Movie Theaters is Hot Topic at Las Vegas Convention (DBN Subscription Required) ______________ Bankruptcy Reform: Fear of Tougher Bankruptcy Law Sparks Filings (DBN Subscription Required) __________________ LTV: Union hoping for deal with LTV (DBN Subscription Required) Steel Maker Says Jobs at Stake (DBN Subscription Required) _______________ Investors still see value in troubled Loewen stock (DBN Subscription Required) Bidders emerge for Bridge Information news unit (DBN Subscription Required) Owens Corning suit against tobacco cos rejected (DBN Subscription Required) Final Wallace's bookstores sold in bankruptcy court (DBN Subscription Required) Court Approves 363 Sale Procedures For Pliant Systems (DBN Subscription Required)	Weblink: WebLink files Chapter 11 petition (DBN Subscription Required) WebLink Wireless Files for Chapter 11 (DBN Subscription Required) ______________ Bankruptcy devastates Washington Group investors (DBN Subscription Required) 2001 on pace to set bankruptcy record (DBN Subscription Required) Dotcoms: Bankrupt CyberRebate Under Investigation - Customers may not see owed money (DBN Subscription Required) The Last Word on CyberRebate? (DBN Subscription Required) A phoenix rises from the dotcom ashes Funcow.com, hardware vendor shut down: 235 workers laid off (DBN Subscription Required) _________________ Economy: U.S. stocks set to open flat after Greenspan comments (DBN Subscription Required) _______________ Struggling Assisted Living Concepts, Inc. Makes Interest Payment on Debentures (DBN Subscription Required) Orlando, Fla.-Based Off-Shore Investment Firm Faces Criminal Probe (DBN Subscription Required) Proposed Bankruptcy Sale of HookMedia Assets Stalls (DBN Subscription Required) Telecoms: Teligent Investors Shouldn't Despair -- Yet (DBN Subscription Required) Telecoms, convertibles sap life from junk bonds (DBN Subscription Required) ________________ California Rice Mill Faces Sale or Bankruptcy (DBN Subscription Required)	New Bankruptcy Opinions (No new opinions today) Finova: GE Capital, Goldman Agree to Provide Finova $7 Bln (DBN Subscription Required) GE Threatens Berkadia Deal With Finova (DBN Subscription Required) Finova Rising on GE Capital, Goldman Offer (DBN Subscription Required) Finova rescue deal signed _____________ Power Utilities: Energy Crisis Drains California Governor's Rating (DBN Subscription Required) PG&E Finishes Cutting Checks to Customers and Vendors for Energy Efficiency-Related Programs (DBN Subscription Required) California Utility To Pay $19 Million in Merit Raises, Exclude Top Executives (DBN Subscription Required) Shift May Derail Energy Proposals (DBN Subscription Required) Gop Unveils Plan to Help Utility (DBN Subscription Required) California Legislators Search for a Plan B to Rescue Electric Utility (DBN Subscription Required) __________________ U.S. Settles Sexual Harassment Suit Against TWA (DBN Subscription Required) Japan: Banks cautioned against second waivers (DBN Subscription Required) Bank results show Japan's huge bad-loan hole Japan may 'need to take over banks' to allay market concern _______________________ Mexico: Savia and Pulsar face debt crisis ______________ Weather Forecast: Enter City, State, or Zipcode: