May 8, 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

         
Anna Nicole:

Judge May Uphold Playmate's $475 Million Court Win
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Judge will hear Drypers payment plan
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TransCom USA Files for Chapter 11 Reorganization
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The Bankruptcy Business Is Booming

Consumer Credit Privacy:

Curb on Sale of Consumer Data Upheld
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U.S. Court Upholds Ban on Selling Personal Credit Data
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Friede launches troubled drilling rig
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Bankruptcy Reform:

Corzine, opposed to bankruptcy reform bill, gets back to business
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Morgan King On The Effect Of Bankruptcy Reform On Discharge Of Taxes
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Loewen:

Loewen Group to file revised Plan of Reorganization
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Loewen rejigs plan for restructuring bond debt: Chapter 11 woes
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Loewen Group proposes new deal for creditors, seeks end to bankruptcy shelter
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Dotcoms:

EarthLink Co-Founder Accused of Ponzi Scheme
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Shareholders Sue PlanetRx
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Weathering the web's 'perfect storm'
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San Francisco Bay Area Office Landlords Desperate for Tenants
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Online news site files for bankruptcy

Entrepreneurs find life without venture capital slower but sometimes safer
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As Dotcoms Tank, and Options Wither, Executives, Many Ex-Lawyers, Wake to Legal Nightmare
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SEC may widen probe into IPO allocation

Bankruptcy court order approves sale of assets to Nevadabobs.com Inc.
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With Warnaco Limping, Investors Seek Ouster of Controversial CEO
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  Power Utilities:

Rolling Blackouts Ordered in Calif
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Florida Shrugs Off Calif.-Blackout Scenario
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California's Calamity
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Lawyers descend on PG&E
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PG&E unit may pay up on $500 mln bonds amid crisiss
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Utility bailout in doubt
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Calif. senate OKs windfall profit tax on generators
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Proud Linemen Take a Hit
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Blackouts Hit Calif. Again As Rescue Plans Falter
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Energy Companies Play for Huge Stakes in California
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SoCal Ed Plans Media Campaign To Stress Bankruptcy Risk
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Davis rebuffed by Calif. lawmaker on utility deal
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Calif. Assembly Approves Power Bond Sale
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Calif. Gov. says near deal to buy SDG&E power grid
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Court Allows Power Ratepayers To Help Devise California Utility Debt Plan
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Developments in California's energy crisis

Calif. ISO board to mull RTO status on Tuesday
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CMBS conduit loan defaults rise
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Sterling National Bank Provides Debtor-in-Possession Financing to Moe Ginsburg Inc.
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Lernout & Hauspie:

'Caught in a Soap Opera'
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Restructuring . . .

Dell admits hiring too many staff
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Dell to lay off 10% of staff
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Layoffs Are Necessary to Effect Troubled Companies' Recoveries
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3Com Cuts 3,000 Jobs
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Shuttle America Gets Suggestions From Investors as Airline Regroups
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US Office Products and Corporate Express Amend Asset Purchase Agreement
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New Bankruptcy Opinions
(No new opinions today)

Hard Times for Headhunters - With big firms balking at fat fees, legal recruiters are starting to feel the pinch
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HomePlace may have trouble selling stores
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Grove Worldwide Reaches Restructuring Agreement With Secured Lenders
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Hollywood: Tough Times Hit Prop Houses
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Consumers Slow Pace of Borrowing
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Equitas takes tougher stance over asbestos injury claims
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CMI:

CMI to Continue Despite Bankruptcy Move
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CMI Industries Responds to Involuntary Petition
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Telecoms:

Working Without a Net - Law Firms Rendered Incommunicado By DSL Bankruptcies
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Firm buys big stakes in ICG, Teligent
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In Too Deep
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DSL Debacle Won't Slow High-Speed Net
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Despite Losses, Some Bond Pros Stay Committed To CLECs
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PSINet Founder Runs Out of Luck
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Canada:

Innofone.com Announces Bankruptcy of Canadian Subsidiary
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Australia:

Economy seats too tight for bankrupt businessman
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Japan:

Nagasakiya gets breathing room
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Good News. Vultures Are Circling Japan
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Japan told to prepare for pain
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Bad loans still cast a shadow:
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England:

Creditors chase PLO money man
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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.