November 27, 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

         
IMF Proposes Nation Bankruptcy Plan
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Bankruptcy Reform:

Retailers fret lease changes in reform bill
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House Shows Give On Bankruptcy Bills
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Bankruptcy Judge Riegle reappointed
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Let the Bidding Begin for Providian
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'Tis the Season to Go Bankrupt
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Restructuring . . .

Boeing hands out 2,900 layoff notices
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StairMaster to lay off nearly all employees
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Enron:

Enron, Dynegy to rework $24B deal
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Enron Plunges, but Dynegy Will Suffer, Too
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Battered Enron in Search of $1 Billion
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Enron Lawyers Trapped in Merger Limbo
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Shoring up Enron deal
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Dynegy renegotiating terms of Enron takeover - Insiders say price for deal will drop, debt payment dates will be extended
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Dynegy May Modify Enron Purchase Terms, People Say
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Enron, Banks Formalize $690M Debt Extension To Dec. 14
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Committee Seeks To Convert American Pad Case To Chapter 7
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Malden, Mass., Textile Mill May Seek Bankruptcy Protection
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Bankruptcy Court To Consider MagCorp Exclusivity Extension
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Euro CDO market prepares for worst
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Hilton, Holiday Inn, in Fort Wayne, Ind., Struggle under Debt Load
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Citing Bankrupting Effect of Judgment, Cigarette Makers Appeal $145 Billion Verdict
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Real Estate May Escape Recession
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General Datacomm Gets Court OK To Use Cash Collateral
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Silicon Valley: Some casualties of downturn are leaving tech behind
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New York Retailing: Boom comes to an unnatural end
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Indictment of Principal of Tri-National Guarantor Prompts Senior Care to Withdraw Tender Offer to Tri-National Shareholders
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  Fruit of the Loom:

Berkshire cuts fee in Fruit of the Loom deal
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Fruit of the Loom will cut Berkshire fee
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Planet Hollywood:

Bankruptcy judge allows CEO $300,000 a year - Planet Hollywood chief can get half pay for now
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Planet Hollywood closes Vancouver location amid bankruptcy proceedings
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Law Firm Restructuring:

Brobeck's London Firm Axes Associates
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Fruit Of The Loom Asks Court To Reconsider Bidding Rules
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Steel:

Economy may stall sale of steel firm - Analysts predict buyers for bankrupt LTV's Indiana Harbor Works will be scarce
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Layoffs ripple through the U.P.
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Loan deadlines hurt LTV's revival efforts
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Republic Technologies Secures Extension

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ABA Panel OKs Partnering With Foreign Lawyers
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Federal Court Date Set for Hearing to End Receivership for Broadband Wireless International Corporation
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Bankrupt Irvine, Calif.-Based Home Furnishings Firm to Honor Vouchers
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Airlines:

Sector watch: Airlines
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Ireland's Ryanair offers 300,000 seats for free
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Sun Country cuts flights, seeks investor
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Parts of Canada 3000 may still be sold
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N.Z. Govt Raises Air N.Z. Bailout Fund as Demand Sags
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Canada 3000 not likely to resume flying, trustee says
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Belgian air deal 'taking a long time'
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Where's the jingle? - Airport merchants still waiting for retail rebound
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Austin: Contractor files for Chapter 11 bankruptcy
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Burger King Operator, Others Could Make Competing Bids For Newport Creamery
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New Bankruptcy Opinions
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Bankruptcy Jobs
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Bankruptcy Court Web/Pacer Site Directory

AT&T has plan if At Home deal fails
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Nesco, Inc. Announces Bankruptcy Filing
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The Garden City Group, Inc. Launches Business Reorganization Division
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Retiree benefits aren't ironclad - Bankruptcies leave some in the lurch
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Gibson Guitar Completes Purchase of Baldwin Piano
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Chino, Calif.-Based Auto Customizing Company Closes Down, Files Bankruptcy
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Microsoft Alleges Bankrupt IBeam Seeks To Sell Unlicensed Software
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U.S. Consumers Try to Cope with Massive Amounts of Debt
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Bankruptcy Auction Begins for Speech Technology Company
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Power Utilities:

Architect of state's long-term energy contracts wants to renegotiate some deals
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Norway:

Norway's ailing Kvaerner gets financing
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Kvaerner Temporarily Avoids Bankruptcy
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Anglo-Norwegian Kvaerner gets cash but fate unclear
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Japan:

FSA view of Japan's banking crisis creates credibility gap
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Tokyo Lender To Corporate Borrowers Fails With Y250B Debt
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Japan's Banks Step Up Reserves for Bad Loans
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Korea:

Hynix unloads mobile phone, LCD units
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HMM to sell $781 million in assets by mid-December
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Denial And Defiance At Hynix Flagship
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Australia:

Kingstream Forced Into Administration
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England:

Bosses blamed for 3.5bn pound 'black hole'
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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.