November 16, 2001 Daily Bankruptcy News

November 16, 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

Law Firm Restructuring: Proskauer Joins Layoff Spree (DBN Subscription Required) Sullivan says bonuses will stand (DBN Subscription Required) Brobeck Taps L.A. Partner As Chairman (DBN Subscription Required) ___________________ Quality Stores To Shutter 89 Stores (DBN Subscription Required) Subprime Loans Cross Income Lines (DBN Subscription Required) A Quick Change in Fortune Dulls the Glimmer of Houston (NYT: separate free registration required) Telecoms: At Home valuation takes hit (DBN Subscription Required) Phoenix rises from dot-com dustbin by buying bankrupt high-speed ISPs (DBN Subscription Required) AT&T CEO Tries to Hold On to an Icon Loaded With Debt, Hit by Competition (WSJ: separate paid subscription required) Look Communications to turn to creditors for vote (DBN Subscription Required) Globalstar Expects To Have $45M In Cash At Year End (WSJ: separate paid subscription required) Teligent's Problems Deepen (DBN Subscription Required) __________________ Blasted as Unfair, Nationwide Hip Implant Settlement Is in Trouble (DBN Subscription Required) Conseco seeks support in New York (DBN Subscription Required) Moody's credibility slips after Enron capitulation Federal-Mogul loss reaches $857.2 million (DBN Subscription Required) NetLibrary Files for Bankruptcy Protection, Fields Offer From Nonprofit for Its Assets (WSJ: separate paid subscription required) Atlanta-Based Hotel Owner-Operator Warns Loan Payment in Trouble (DBN Subscription Required) Negative cash flow reported by Aladdin (DBN Subscription Required) Arizona Bankruptcies Soar as Confidence Drops (DBN Subscription Required)	Burlington: Burlington declares bankruptcy (DBN Subscription Required) Burlington Industries seeks bankruptcy protection to reorganize (DBN Subscription Required) Observers confident Burlington Industries will survive bankruptcy (DBN Subscription Required) ___________________ Los Angeles: Bankrupt Airport Cab Firm Nearly Loses Fleet (DBN Subscription Required) Archibald Candy unit, Sweet Factory, files bankruptcy (DBN Subscription Required) SunGard clinches Comdisco (DBN Subscription Required) Dotcoms: Focus-Dot-com bust hits the stage (DBN Subscription Required) Bankrupt Excite Reports 3Q Loss As Cox Cuts Ties (DBN Subscription Required) ___________________ Airlines: Canada 3000 workers to get last paychecks (DBN Subscription Required) New Midway Airlines would be very different (DBN Subscription Required) Passenger Rights If An Airline Fails (DBN Subscription Required) Investigating judge opens probe into Sabena bankruptcy proceedings (DBN Subscription Required) US Airlines Receive Fraction Of $15 Bln Federal Bailout (WSJ: separate paid subscription required) Canadian Airline's Demise Adds to Industry Woes (DBN Subscription Required) _____________________ Asbestos, Bane Of Bonds, Seen Unlikely To Pop Crown Cork (WSJ: separate paid subscription required) Power Utilities: Consumer group again seeks to stay SCE rate deal (DBN Subscription Required) San Francisco's Tight Vote on Utility Decided Little (DBN Subscription Required) ________________	New Bankruptcy Opinions (1 new opinion today) Bankruptcy Jobs (DBN Subscription Required) Bankruptcy Court Web/Pacer Site Directory Semi-Tech Estate Sues Bankers Trust Ex-Execs For $578M (WSJ: separate paid subscription required) Viasource: Viasource declares bankruptcy (DBN Subscription Required) Viasource Communications files for Chapter 11 reorganization (DBN Subscription Required) ______________________ Steel: Steel Tariff Changes Could Hurt U.S. (DBN Subscription Required) Geneva Steel faces bankruptcy again (DBN Subscription Required) ___________________ Startec Global warns of bankruptcy (DBN Subscription Required) Court Approves Bid by Pegasus/KPS to Acquire Assets of Genesis Worldwide (DBN Subscription Required) Economy: The pace of layoffs speeds up as the economy slows down (DBN Subscription Required) Could We Face Another Depression? (DBN Subscription Required) Plummeting oil prices could bring badly needed relief to battered U.S. economy (DBN Subscription Required) _____________________ Vasquez defends role in O.C. bankruptcy (DBN Subscription Required) Japan: Failure to reform will doom the economy (DBN Subscription Required) Banks toppling under FSA plan (DBN Subscription Required) ____________________ Korea: Hynix debt now worth 25.5 pct of face value (DBN Subscription Required) _______________________