November 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

Prior editions available at http://bkinformation.com/bankruptcy_news.htm

         
Chiquita Brands - What, or who, has prevented the company's bondholders from filing an involuntary Chapter 11 petition?
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Asbestos Plaintiffs' Lawyers See Vendetta in Bankruptcy Jurisdiction Removal Attempt
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International Banks Group Rejects Calls For Sovereign Chapter 11
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'Official action has no role in debt crises'
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Experts present blueprint for global finance revamp
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Bankers Get Tough on Emerging Markets
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Card Volume Recovers, But Rising Delinquencies Seen
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Power Utilities:

PG&E blasted in filings
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Electricity Grid Chief Defends His Secretive Action
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California Attorney General Says Utility PG&E Acted Improperly
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PG&E says 2002 poses challenge to profits
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California Discusses Demands in PG&E Utility Bankruptcy Case
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House2Home Files Chapter 11
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Economy:

Productivity Rises 2.7 Percent in Third Quarter as Businesses Slash Workers' Hours
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Americans Plan to Cut Holiday Shopping By More Than One-Third
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Sun Healthcare Group Initiates Management Transition in Expectation Of Filing Plan
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Cattle investors sue Nebraska bank
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Rochester: Bitter harvest ; 40 years of work end with bankruptcy
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Steel:

Bethlehem Steel to Cut Jobs - Plans to Cut 2,000 Jobs As It Tries to Pull Out of Bankruptcy
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LTV West-Side Plant Closed
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Pioneer:

Pioneer Cos. lines up exit financing
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Pioneer Announces Confirmation Continuance
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A $3,000 Promise Could Cost Lernout & Hauspie Much More
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Telecoms:

Pull Plug On Excite, Debtors (Sic) Say
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Netia Exploring Options To Stave Off Collapse
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  Emergency pauses bankruptcy judge's Senate hearing
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Law Firm Restructuring:

Brobeck and Snow Bracing for Layoffs
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Junior Associates: How to Survive the Slump
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Airlines:

Chaos for Sabena ticket-holders
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Government plans for Sabena's rebirth
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Midway applying for federal airline relief
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Belgium Unveils Plan for Regional Airline As Court Declares Sabena Bankrupt
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Plans For Successor To Sabena Generate Skepticism
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Round-up: Aviation in crisis

3 Belgian banks agree to invest in Sabena successor
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Tears, defiance as Sabena bites the dust
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Belgium creates new airline
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Sabena’s flying in the face of reason
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Sabena not the only struggling European airline
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Canada 3000 Could Seek Court Protection
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Ticket-holders fear being left holding the bag: Travel agents leery: Canada 3000 staff continue to take flight bookings
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How not to run an airline industry

Experts Predict Financial Problems to Haunt Airlines for Some Time
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Swiss Financier Says Could Rescue Swissair, Sabena
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Royal Aviation CEO to buy back airline from troubled Canada 3000 says spokeswoman
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Dotcoms:

A CyberRebate Christmas - $1,000 Coal in Your Stocking
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More than 90% of creditors accept reorganization plan, The Loewen Group reports
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West Bankruptcy Newsletter
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Hewlett-Packard's Bid for Comdisco Heads into Court Again
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Bankrupt Southwest targets Valley stores
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Financial Experts Warn Bankruptcy Has Its Pitfalls
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Retail failures feared
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New Bankruptcy Opinions
(2 new opinions today)

Bankruptcy Jobs
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Bankruptcy Court Web/Pacer Site Directory

GE Capital, Citigroup, Other Banks Compete to Lend to Bankrupt Companies
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Precision Specialty Metals may have DIP dilemma
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Ableco stays popular as last resort lender
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Enron:

Fruit of the Loom vs. Enron
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El Paso says it does not expect Enron bankruptcy
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Enron Shares Plunge, Touch $7
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Milwaukee: 'Dr. Heather' files for bankruptcy
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Colorado: Steele's Markets to close doors
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Longtime Chattanooga, Tenn., Auto Foundry Files for Bankruptcy Reorganization
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House2Home:

House2Home wants to shutter its stores
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House2Home files Chap. 11
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TJX to take charge for House2Home bankruptcy
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BJ's Wholesale Club to Reserve for Certain House2Home Leases
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Japan:

Ex-Sogo chief denies hiding assets
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Japanese politicians cross swords over banking reforms:
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Giving Up On Japanese Banks
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Canada:

High timber costs Achilles heel in any plan to rescue Skeena Cellulose
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No special treatment for Skeena, B.C. government warns
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Canadian Tire heiress's lover loses lawsuit
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Swiss firm to buy Skeena -- but we're left with debt
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Norway:

Aker Maritime had proposed 1.25 bln nkr rights issue to save Kvaerner
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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.