May 31, 2001 Daily Bankruptcy News

May 31, 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

Farmers losing bankruptcy aid (DBN Subscription Required) Washington Group: Raytheon Misses Court Deadline To Turn Over Audit Records (DBN Subscription Required) Auditor to take up Raytheon-WGI dispute (DBN Subscription Required) SNC-Lavalin forges ties with Washington Group (DBN Subscription Required) _______________ McKenzie's: New Orleans: McKenzie's Files For Bankruptcy (DBN Subscription Required) New owners of historic chain file for bankruptcy protection (DBN Subscription Required) _______________ Share buyback turned Cooker into toast (DBN Subscription Required) How adviser to the stars kept SEC in the dark Spokane: PDA may be forced to file for bankruptcy Finova: The FINOVA Group Inc. and Berkadia Announce Improved Terms For the FINOVA Plan of Reorganization (DBN Subscription Required) FINOVA includes $3.9 bln new notes in modified plan (DBN Subscription Required) _______________ Dotcoms: LocalBusiness.com still seeking buyer (DBN Subscription Required) The Privacy Champion from Texas Dot com investors fight for lost cash (DBN Subscription Required) B2B: Big boys are ready to pounce (DBN Subscription Required) Bankrupt Internos Close to Being Bought (DBN Subscription Required) MarchFirst Bankruptcy Hits Novell Earnings (DBN Subscription Required) ________________ Tampa: Patients wait at failed clinic to get records (DBN Subscription Required) Investors tell plans for Lernout & Hauspie recovery Icahn to outline plan for National Airlines (DBN Subscription Required) Casual Male Corp. Announces NASDAQ Delisting (DBN Subscription Required) Restructuring . . . EMC to cut 1,100 jobs (DBN Subscription Required) CompUSA to Cut Jobs, Restructure Service (DBN Subscription Required) MSU Corporation Continues Financial Restructuring (DBN Subscription Required) Layoff roundup (DBN Subscription Required) _______________ Salem, VA: Salem taxi service declares bankruptcy (DBN Subscription Required) Glenshaw Glass: Parent's bankruptcy won't affect Glenshaw Glass, firm says Glenshaw Glass parent files bankruptcy _______________ UAW to bid for bankrupt resort in P.S.	Power Utilities: Price Caps Have Questionable Record (DBN Subscription Required) Power Alerts Return to California (DBN Subscription Required) FERC Chief Unfazed By Threat of Third Lawsuit (DBN Subscription Required) Washington's Role Helped Spark California's Power Crunch (DBN Subscription Required) Bankrupt PG&E plans bonuses (DBN Subscription Required) New SoCal Edison default leaves analysts wary (DBN Subscription Required) State awaiting bold act by Davis - Rhetoric buys time but summer's near Bush, Davis Collide Over Energy Policy (DBN Subscription Required) Calif's Davis gives FERC 30 days before filing suit (DBN Subscription Required) How to Orchestrate An Energy Disaster (DBN Subscription Required) Developments in California's energy crisis Calif. power plant compromise paves way for approval (DBN Subscription Required) State Seeks Price Caps on Power - Bush: No Help -Davis: I'll Sue - Fears of Energy Recession Mount (DBN Subscription Required) Answer Isn't Blowin' in the Wind (DBN Subscription Required) Get Out Of California (DBN Subscription Required) Kern County Basks in Role as State's Blackout-Buster (DBN Subscription Required) Bush Energy Plan Not Consumer Friendly, Say Critics (DBN Subscription Required) _______________ Baldwin Piano: Baldwin Piano & Organ Co. Announces Intent to Reorganize Under Chapter 11 of The United States Bankruptcy Code (DBN Subscription Required) Baldwin says to reorganize under chapter 11 ______________ Wachovia, First Union amend key provisos (DBN Subscription Required) New Jersey Regulators Approve Sale of Claridge (DBN Subscription Required) Paracelsus plan approved (DBN Subscription Required) Mira Loma, Calif.-Based Motorcycle Firm Swerves into Bankruptcy (DBN Subscription Required) Paul Harris: Ex-CEO buys bankrupt Paul Harris rights (DBN Subscription Required) Paul Harris stores may be born again - Charlotte Fischer, a former CEO of retail chain, buys rights to name and signage for $43,000 (DBN Subscription Required) ______________ Steel: Indiana leaders decry response to steel woes (DBN Subscription Required) Motion may open door for beam line sale (DBN Subscription Required) _____________ Toledo, OH: Triad Construction files for bankruptcy	New Bankruptcy Opinions (No new opinions today) Movie Theater Industry: Loews Cineplex: Pac Cap Out of Buyout (DBN Subscription Required) Loews execs won't testify (DBN Subscription Required) Investor leaves Loews group (DBN Subscription Required) Denver financier has bought nearly all of Regal Cinemas (DBN Subscription Required) Onex forges ahead with Loews Cineplex deal after one partner backs out (DBN Subscription Required) Record movie revenues fail to ease theater woes (DBN Subscription Required) Loews deal still on after partner departs: Onex pushes ahead: 'We are absolutely confident that deal will get done' (DBN Subscription Required) Pacific Capital withdraws from Loews Cineplex deal (DBN Subscription Required) _______________ Pro Air: Pro Air expects to fly Aug. 31 - Bankruptcy plan might win judge's OK in July (DBN Subscription Required) Pro Air plans to be airborne again soon (DBN Subscription Required) Discount Airline Pro Air Glimpses Silver Lining (DBN Subscription Required) ______________ Charter Health approaches its end (DBN Subscription Required) England: Musicians in orchestra facing bankruptcy vote against rescue plans (DBN Subscription Required) _______________ Australia: Australia's One.Tel attempts to stave off bankruptcy (DBN Subscription Required) One.Tel placed in administration Superboy crashes to earth (DBN Subscription Required) ______________ Canada: World Sales & Merchandising Inc. - An Extension has Been Granted for the Notice of Intention To File a Proposal (DBN Subscription Required) ________________ Korea: GM revs up talks for Daewoo Motor (DBN Subscription Required) GM May Offer Daewoo Deal in 2-3 Weeks (DBN Subscription Required) ________________ Mexico: AHMSA creditors take 40 pct stake in company (DBN Subscription Required) _______________ Japan: Tokyo court dismisses ex-Sogo chairman's claim for return of shares (DBN Subscription Required) _______________ Weather Forecast: Enter City, State, or Zipcode: