May 3, 2001  

What will happen if PSINet fails?
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High-speed Net access fees rise  

FCC Sitting Out Telecom War
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Nursing Home Industry Should Heal Itself, Says Elderly Care Task Force Member
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Lernout & Hauspie:

Lernout co-founders in jail for a month
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No Appeal for Lernout, Hauspie
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Bankrupt Shipbuilder Friede Goldman Hires E&Y As Advisers
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RBX bankruptcy settlement talks under way
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Dotcoms:

Dead Dot-Coms Pile Up in April
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Addiction to Excess? EToys Still Plays With Creditors' Money
(WSJ: separate paid subscription required)

Co-Founder of EarthLink Is Accused of Investor Fraud
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EarthLink Co-Founder Files for Bankruptcy
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FreeRealTime.com Inc. Files for Bankruptcy Protection
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Pilot Network Tells Users It Has Filed for Chapter 7
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FASB Amends Goodwill Proposal
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Armstrong World Industries Announces the Bar Date for Claims in Chapter 11 Reorganization
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Horizon Pharmacies explores Chapter 11 filing
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Lauderdale-based Wendy's founder sues over ex-governor's $25 million loan
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Tri-Valley bankruptcy sale good for olive growers
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Banks Aim to Halt Class-Action Suits
By Altering Cardholder Agreements
(WSJ: separate paid subscription required) 

Viatel

Viatel files for bankruptcy
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Viatel, Inc. Files Voluntary Petitions for Chapter 11 Bankruptcy Protection
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Viatel Files for Chapter 11 After Missing Payments
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Republic Technologies:

Republic bankruptcy fees cause outrage
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Republic Technologies International Announces Final Bankruptcy Court Approval of $420 Million in Financing
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Judge, creditor watch costs - Payment to law firm, amount of loan cause alarm in Republic Technologies bankruptcy proceedings
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Atlantic Gulf:

Atlantic Gulf goes bankrupt
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Atlantic Gulf Communities Filed a Voluntary Petition Under Chapter 11
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Atlantic Gulf - Files for Chapter 11 bankruptcy
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S&P Streamlines Legal Review of ABCP Transactions
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Debt Management, Corporate Style
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Restructuring . . .

JDS Uniphase to cut 5,000 jobs, shrink business
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Vitesse Plans to Trim Jobs, Cut Executive Pay
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Rohm & Haas to Cut Work Force by 7%
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Finova:

The FINOVA Group Inc. and Subsidiaries File Joint Plan of Reorganization With Bankruptcy Court
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GE unit looking to make Finova counteroffer
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Finova creditors balking
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Finova files reorganization plan with bankruptcy court

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Aladdin:

Bankers' help likely needed to keep Aladdin Casino from bankruptcy

Aladdin Expected to Make Payment
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Movie Theater Industry:

Movie fans return to box office: Ailing film industry showing signs of a turnaround
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Smaller Cinema Chains Avoid
Mistakes Made by Big Bankrupt Operators
(WSJ: separate paid subscription required)

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New Bankruptcy Opinions
(No new opinions today)

Power Utilities:

Calif. Assembly plans vote on $10 bln power bond
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Judge dismisses $10 bln PG&E suit
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Judge says PG&E premature in asking for rate increases

Duke Energy offers California secret deal
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An energy trader says it's time to limit profits
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Calif. Power Generators Under Fire
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How energy giant tried to cut a deal - Duke Inc. offered to reduce bill if state halted probes

PG&E Corporation Reports First Quarter Financial Results
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Pwr Generator's Request To Attach SoCal Ed Assets Denied
(WSJ: separate paid subscription required)

Calif. regulators to study more natgas supplies
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PG&E CEO: 'Too Premature' To Judge Bankruptcy Crt Powers
(WSJ: separate paid subscription required)

Top state lawmakers urge override of S.J. vote against Calpine plant
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SoCal Ed Wants To Raise Independent Generator Rates
(WSJ: separate paid subscription required)

PG&E posts loss with $1.1 billion charge
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Warning of a summer power 'Armageddon' - Davis aide paints dire scenario in push for bonds to buy power

California crisis delayed Reliant Resources IPO
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Sithe QF Can Sell Power Contracted To SoCal Ed On Mkt
(WSJ: separate paid subscription required)

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Santa Maria, Calif.-Based Airline Files for Bankruptcy
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Canada:

Ottawa rules out bailout of Algoma: Minister says no: 'I don't have a subsidy package to offer,' says Tobin
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