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
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Washington Group:

Raytheon Misses Court Deadline To Turn Over Audit Records
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Auditor to take up Raytheon-WGI dispute
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SNC-Lavalin forges ties with Washington Group
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McKenzie's:

New Orleans: McKenzie's Files For Bankruptcy
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New owners of historic chain file for bankruptcy protection
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Share buyback turned Cooker into toast
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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
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FINOVA includes $3.9 bln new notes in modified plan
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Dotcoms:

LocalBusiness.com still seeking buyer
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The Privacy Champion from Texas

Dot com investors fight for lost cash
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B2B: Big boys are ready to pounce
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Bankrupt Internos Close to Being Bought
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MarchFirst Bankruptcy Hits Novell Earnings
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Tampa: Patients wait at failed clinic to get records
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Investors tell plans for Lernout & Hauspie recovery

Icahn to outline plan for National Airlines
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Casual Male Corp. Announces NASDAQ Delisting
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Restructuring . . .

EMC to cut 1,100 jobs
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CompUSA to Cut Jobs, Restructure Service
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MSU Corporation Continues Financial Restructuring
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Layoff roundup
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Salem, VA: Salem taxi service declares bankruptcy
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Glenshaw Glass:

Parent's bankruptcy won't affect Glenshaw Glass, firm says

Glenshaw Glass parent files bankruptcy    

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UAW to bid for bankrupt resort in P.S.

  Power Utilities:

Price Caps Have Questionable Record
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Power Alerts Return to California
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FERC Chief Unfazed By Threat of Third Lawsuit
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Washington's Role Helped Spark California's Power Crunch
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Bankrupt PG&E plans bonuses
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New SoCal Edison default leaves analysts wary
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State awaiting bold act by Davis - Rhetoric buys time but summer's near

Bush, Davis Collide Over Energy Policy
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Calif's Davis gives FERC 30 days before filing suit
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How to Orchestrate An Energy Disaster
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Developments in California's energy crisis

Calif. power plant compromise paves way for approval
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State Seeks Price Caps on Power - Bush: No Help -Davis: I'll Sue - Fears of Energy Recession Mount
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Answer Isn't Blowin' in the Wind
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Get Out Of California
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Kern County Basks in Role as State's Blackout-Buster
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Bush Energy Plan Not Consumer Friendly, Say Critics
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Baldwin Piano:

Baldwin Piano & Organ Co. Announces Intent to Reorganize Under Chapter 11 of The United States Bankruptcy Code
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Baldwin says to reorganize under chapter 11

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Wachovia, First Union amend key provisos
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New Jersey Regulators Approve Sale of Claridge
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Paracelsus plan approved
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Mira Loma, Calif.-Based Motorcycle Firm Swerves into Bankruptcy
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Paul Harris:

Ex-CEO buys bankrupt Paul Harris rights
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Paul Harris stores may be born again - Charlotte Fischer, a former CEO of retail chain, buys rights to name and signage for $43,000
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Steel:

Indiana leaders decry response to steel woes
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Motion may open door for beam line sale
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Toledo, OH: Triad Construction files for bankruptcy

 

New Bankruptcy Opinions
(No new opinions today)

Movie Theater Industry:

Loews Cineplex: Pac Cap Out of Buyout
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Loews execs won't testify
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Investor leaves Loews group
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Denver financier has bought nearly all of Regal Cinemas
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Onex forges ahead with Loews Cineplex deal after one partner backs out
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Record movie revenues fail to ease theater woes
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Loews deal still on after partner departs: Onex pushes ahead: 'We are absolutely confident that deal will get done'
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Pacific Capital withdraws from Loews Cineplex deal
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Pro Air:

Pro Air expects to fly Aug. 31 - Bankruptcy plan might win judge's OK in July
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Pro Air plans to be airborne again soon
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Discount Airline Pro Air Glimpses Silver Lining
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Charter Health approaches its end
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England:

Musicians in orchestra facing bankruptcy vote against rescue plans
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Australia:

Australia's One.Tel attempts to stave off bankruptcy
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One.Tel placed in administration  

Superboy crashes to earth
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Canada:

World Sales & Merchandising Inc. - An Extension has Been Granted for the Notice of Intention To File a Proposal
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Korea:

GM revs up talks for Daewoo Motor
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GM May Offer Daewoo Deal in 2-3 Weeks
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Mexico:

AHMSA creditors take 40 pct stake in company
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Japan:

Tokyo court dismisses ex-Sogo chairman's claim for return of shares
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Copyright 2001  [BKINFORMATION.COM]. All rights reserved.