November 12, 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

         
Extension of Chapter 12 Farm Aid for Another Six Months
(DBN Subscription Required)

Sen. Leahy Supports S. 1630, Which Would Renew Chapter 12
(DBN Subscription Required)

Enron:

A Visionary Fallen From Grace
(DBN Subscription Required)

Dynegy to buy Enron for $7.8B
(DBN Subscription Required)

___________________

Law Firm Restructuring:

Well-Paid and Worried, Associates Stick Around
(DBN Subscription Required)

Tough Times Are Busy Times for Litigation Practices
(DBN Subscription Required)

Living on the Edge - Growth slows, layoffs begin and salaries are flat. Soon, it may get even worse
(DBN Subscription Required)

Diversity of law firms helps them ride out slumping business cycle
(DBN Subscription Required)

Top Two Fifty - 2001: Annual Survey of The Nation's Largest Law Firms
(DBN Subscription Required)

The Rankings
(DBN Subscription Required)

_____________________

Onex has deal for Loews
(DBN Subscription Required)

The orchestra biz: sour notes
(DBN Subscription Required)

Perigon Medical Files for Bankruptcy
(DBN Subscription Required)

Telecoms:

Nextwave Wireless Settlement Stalled
(DBN Subscription Required)

Tech lenders develop a bad case of nerves
(DBN Subscription Required)

Motorola sued over Iridium loan
(DBN Subscription Required)

E.Spire, Verizon Square Off
(DBN Subscription Required)

e.spire Claims Verizon Is Violating Direct Orders
(DBN Subscription Required)

Arch Wireless hit with bankruptcy petition
(DBN Subscription Required)

At Home, creditors spar over AT&T deal
(DBN Subscription Required)

Netia Takes Measures to Secure Debt Position
(DBN Subscription Required)

__________________

Payless Cashways cleared to sell equipment
(DBN Subscription Required)

Mutual funds with a rare taste for the distressed
(DBN Subscription Required)

Sulzer:

Sulzer Medica set to file Chapter 11 for US unit

Sulzer Medica investors up in arms
(DBN Subscription Required)

Sulzer Medica wins U.S. stay on lawsuits
(DBN Subscription Required)

U. S. Court of Appeals Reinstates Injunction Until Hearing on November 29, 2001
(DBN Subscription Required)

______________________

High-score homebuyer can be faster to default
(DBN Subscription Required)

Personal Chapter 7 Bankruptcy Filings in Las Vegas Up in Third Quarter
(DBN Subscription Required)

Houston: Legal dispute leads to bankruptcy
(DBN Subscription Required)

Survival Strategies of the Dinostores
(DBN Subscription Required)

Dotcoms:

Where the Dot-Dead Wind Up
(DBN Subscription Required)

C2 Media gets final DIP approval
(DBN Subscription Required)

Where have all yesterday's perks gone?
(DBN Subscription Required)

Dot-coms and you
(DBN Subscription Required)

Landlords can deflect dot-com defaults, bankruptcies
(DBN Subscription Required)

Egghead.com Scrambling But Not Fried
(DBN Subscription Required)

Check mate: Payday loan firm loses in Qdebit bankruptcy
(DBN Subscription Required)

Homebytes.com
(DBN Subscription Required)

________________

Savio forced into Ch. 7 bankruptcy
(DBN Subscription Required)

Turning to turnarounds
(DBN Subscription Required)

St. Louis-Based Foods Maker Cobbles Together Ingredients to Restructure
(DBN Subscription Required)

New York City's Finances Evoke Dark Comparisons
(DBN Subscription Required)  

Amtrak fails to meet financing deadline

Post-Attack Downturn May Claim Businesses in Its Wake in Nevada
(DBN Subscription Required)

  Comdisco:

SunGard deal for Comdisco unit cleared
(DBN Subscription Required)

Judge takes 1 more day to rule on bid for Comdisco unit
(DBN Subscription Required)

Deal for Comdisco unit hinges on definition
(DBN Subscription Required)

SunGard's bid for Comdisco unit beats HP
(DBN Subscription Required)

____________________

e.spire Files Complaints Against Verizon For Millions of Dollars in Unpaid Bills
(DBN Subscription Required)

Dark days at Dairy Mart
(DBN Subscription Required)

Turnaround experts feast on victims of the economy
(DBN Subscription Required)

Risky investments in death - Viatical contracts: Maryland, others move to curb widespread fraud in life insurance trade
(DBN Subscription Required)

Loewen to relaunch under new name
(DBN Subscription Required)

Changed economy forces Phoenix out of comfort zone
(DBN Subscription Required)

Steel:

LTV's lenders change request for guarantee
(DBN Subscription Required)

Steel loan board calculating the odds of default
(DBN Subscription Required)

U.S. steel companies kiss and then tell
(DBN Subscription Required)

Hamilton castings plant to close

PNC Park steel firm may face liquidation 

Falling prices, orders hammer steel
(DBN Subscription Required)

Bondholders reject Algoma's new plan
(DBN Subscription Required)

Algoma plan 'a dead end': bondholders: Amended restructuring
(DBN Subscription Required)

___________________

Airlines:

Airlines Hesitate to Take Federal Loans
(DBN Subscription Required)

Airport releases Canada 3000 plane under court order
(DBN Subscription Required)

American Airlines Cuts International Routes Again
(DBN Subscription Required)

National Airlines files reorganization plan
(DBN Subscription Required)

Midway Airlines Could Get Big Cash Boost
(DBN Subscription Required)

Caterers hurt as airlines slice food service
(DBN Subscription Required)

Midway applies for federal funds, hopes to resume flights
(DBN Subscription Required)

Shell-shocked Canada 3000 staff divided, defiant in face of airline's demise
(DBN Subscription Required)

Travellers scramble to reschedule trips -- or get their money back
(DBN Subscription Required)

Canada's troubled airline industry is not unique

Ottawa needs to 'put money on the table': CUPE demands Collenette intervene to save Canada 3000
(DBN Subscription Required)

Governments everywhere meddle in airlines at their peril
(DBN Subscription Required)

Surcharge threat: The latest troubles in the travel industry
(DBN Subscription Required)

Final funeral march for Sabena
(DBN Subscription Required)

Kiwis Hit By Airline Collapse
(DBN Subscription Required)

Tango catalyst for failure of airline, says watchdog
(DBN Subscription Required)

Canada 3000 planes grounded by debts
(DBN Subscription Required)

Canada 3000 goes into bankruptcy, board resigns
(DBN Subscription Required)

Chaos may spur European airline shakeup
(DBN Subscription Required)

Funding for new Sabena airline gets EU approval
(DBN Subscription Required)

After the attacks comes the more complicated travel insurance
(DBN Subscription Required)

Airlines must leave nest of nationalism
(DBN Subscription Required)

Turmoil at United Pains Airline's Former CEO
(DBN Subscription Required)

Midway to fly again if money comes through
(DBN Subscription Required)

_____________________

Clarent hospital (Paracelsus) sale may be indication of things to come
(DBN Subscription Required)

HEAL: Running the gauntlet
(DBN Subscription Required)

Dallas Doctors in debt
(DBN Subscription Required)

Gibson Guitar bids to tune up a scaled-back Baldwin Piano
(DBN Subscription Required)

 

New Bankruptcy Opinions
(No new opinions today)

Bankruptcy Jobs
(DBN Subscription Required)

Bankruptcy Court Web/Pacer Site Directory

Raytheon, WGI settle construction unit suit
(DBN Subscription Required)

Radiant seeks Ch. 11
(DBN Subscription Required)

Power Utilities:

Deregulation Not Derailed by California's Meltdown
(DBN Subscription Required)

Judge doesn't block settlement between state, Calif. utility
(DBN Subscription Required)

S.F. voters turn off public power bid / Backers may seek recount, say tabulation tainted by 'incompetence or malfeasance'
(DBN Subscription Required)

_____________________

Slowdown could stymie United Way campaigns
(DBN Subscription Required)

Manufacturers focused on cranking out a turnaround - Companies look to limit lean times
(DBN Subscription Required)

Wrong Credit Counseling Can Hurt
(DBN Subscription Required)

Cruise Lines:

Chapter 11 cruise filing leaves Titanic costs in its wake
(DBN Subscription Required)

Financial icebergs
(DBN Subscription Required)

Tour Companies Waive Penalties to End of Year
(DBN Subscription Required)

__________________

Rehab Designs of America emerges from Chapter 11
(DBN Subscription Required)

Assisted Living Concepts, Inc. Reports Financial Results and Update on Chapter 11 Proceedings
(DBN Subscription Required)

York Announces Standstill Agreement with Holders of Portfolio Bonds
(DBN Subscription Required)

Belguim:

Xeikon files for bankruptcy protection
(DBN Subscription Required)

________________

Singapore:

Bankruptcy officer helps those in debt

Public enemy No 1 jobless and facing bankruptcy

____________________

England:

Court setback for asbestos claims
(DBN Subscription Required)

Asbestos firm freezes payouts for victims
(DBN Subscription Required)

Eyes turn to US economy

Dyke says clubs could face bankruptcy
(DBN Subscription Required)

TV chief's football cash warning
(DBN Subscription Required)

Britain's least favoured firms are named
(DBN Subscription Required)

Byers faces fresh Railtrack pressure
(DBN Subscription Required)

More people are losing their companies after marriage break-ups

Treasury accused of Railtrack plot
(DBN Subscription Required)

Pop music empire on brink of collapse
(DBN Subscription Required)

_____________________

Canada:

Skeena gets reprieve to cut deal with Mercer
(DBN Subscription Required)

Judge blocks supplier from suing BiWay parent
(DBN Subscription Required)

______________________

Argentina:

Bounced checks, bankruptcies continue to mount in Argentina
(DBN Subscription Required)

__________________

Germany:

Real-Estate Sector Hit Hard by Cooling Economy
(DBN Subscription Required)

___________________

Japan:

Asahi Bank to tie up with Goldman to cut bad loans
(DBN Subscription Required)

___________________

Brazil:

Airlines are major creditors of Soletur
(DBN Subscription Required)

_________________

Russia:

Govt to consider new version of bankruptcy law Tuesday
(DBN Subscription Required)

_____________________

 

Weather Forecast:
Enter City, State, or Zipcode:

If you received the Daily Bankruptcy News via email, to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here, or by going to BKINFORMATION.COM and clicking on the Bankruptcy News button.  Note that the Daily Bankruptcy News is distributed via "HTML email" in which the links to the news stories are embedded in the headlines.  The email you receive should look like a 3-column newspaper, with headlines for each story. If you receive the Daily Bankruptcy News by email and the copy you receive is not formatted like a 3-column newspaper, or does not seem to contain links to the news stories, you may have an email client that is not capable of receiving HTML email, or is not configured to display such email.  You can however, receive a daily email notifying you when the Daily Bankruptcy News is updated on the web site. If you would like to receive such an email, please let us know at admin@bkinformation.com  

Advertising
Advertising is available in the Daily Bankruptcy News in a variety of places, formats and prices. Go to http://bkinformation.com/DBN_ADs.htm  for a list of choices.  Feel free to contact us with any questions.

Passwords
Access to certain links in the Daily Bankruptcy News is available only to readers holding a paid subscription.  These links are currently marked with a "DBN Subscription Required" notation. The cost of a subscription is $3/month, payable annually.  A separate password is required for each member of a firm wishing access to restricted links. Volume discounts are available. New readers can receive a free password good for 30 days by going to http://bkinformation.com/RegistrationForm.cfm.
Readers who wish to change their passwords should go to http://bkinformation.com/ChangePasswordForm.cfm. Readers who have forgotten their password should go to http://bkinformation.com/GetPassword.cfm

Adding Your Email Address To The Distribution List
If you would like to start receiving the Daily Bankruptcy News by email each day, go to http://bkinformation.com/SubscribeDBNForm.cfm  and fill in the information requested.  There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us at admin@bkinformation.com for help.  

Removing Your Email Address From The Distribution List
If you already receive Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear.  Note that the email must be sent from the same email address at which you are receiving the Daily Bankruptcy News. You do not need to type anything in the body of the email message.   If you do not receive an email confirming deletion of your email address from the distribution list  for the publication, contact us at admin@bkinformation.com for help.

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.