October 22, 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

         
Planet Hollywood:

Planet Hollywood goes bankrupt again
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Planet Hollywood Files for Bankruptcy for 2nd Time in Two Years
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Planet Hollywood CEO: Co. Turning Corner Before Sept. 11
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Bankruptcy, the sequel
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Friede Goldman considering selling
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'Pari Delicto' Defense Stops Creditor Committee Suit
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Telecoms:

Bondholders fight AT&T buy of At Home broadband
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NextWave To Ask For Delay In Bankruptcy Court Hearing
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A Debt Burden to Bear - Once-Strong XO Struggles to Survive Shakeout
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Wireless Licenses Still in Limbo
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FCC to Appeal NextWave Case
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Excite At Home Creditors Ask Court
To Make It End Its Internet Service
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Excite@Home sale: Bondholders mutiny
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Negotiators Near Final Deal In NextWave Spectrum Case
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Justice Dept Seen Appealing NextWave Case To High Court
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Dotcoms:

Flooz to Liquidate, 'Currency' No Longer Good
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Venture Capital, Withering and Dying
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Bankruptcy for GeoNet, Hope Remains
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Economy:

Americans lessening their consumer debt
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Corporate Credit Quality -- an Oxymoron?
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Tough times create buying opportunities
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Companies increasingly file for bankruptcy to sort things out
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Harnischfeger shareholder suit settled for $10 million
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American Electric Power Acquires Bankrupt Mining Company
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IBeam Broadcasting Gets Interim OK For $6M Under DIP Pact
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Ha-Lo Industries Creditors Object To Retention Plan
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Wilkinson creditors object to club sale (scroll down)
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Ex Louisiana official's debt totals $1.6 million
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Cleveland: Industrial jobs growing scarce
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'Distressed' properties, assets can be big business
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State attorney general may act on behalf of Polaroid employees
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Investors stand to lose in alleged cattle fraud
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Pensions In Peril
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Orlando: Bankruptcy filings surge upward
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Bankrupt MCMS Inc. Asks Court To OK Employee Plan
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  Airlines:

Court okays TWA $230 million creditor settlements
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Battle for Ansett Airlines takes a new turn
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Deadline looms for Swiss airline rescue
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EU's de Palacio says subsidies for airlines available if facing bankruptcy
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All the best for Midway
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Aer Lingus hard landing as cash burns
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Airline deal, hearings draw fire
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Efforts Grow, But No Final Solution On Swiss Airline Yet
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Employee-owned United put in vulnerable position
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United boss not setting high-flying example
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Airlines must deal with a 'new threat'
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Insurance for trip cancellations has become harder to obtain
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Fairmount Chemical: 'Drastic' Changes Needed To Survive
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Steel:

Bethlehem Steel CEO Needs Political, Labor Allies in Turnaround
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Down in Bethlehem / Another steel failure deserves federal attention

Canadian steelmakers brace for Monday news on U.S. import clampdown
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Cardin, Ehrlich pledge to seek relief for bankrupt Beth Steel
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Reshaping a steel firm
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Bethlehem Steel wins round against imports
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Bethlehem bankruptcy highlights Big Steel decline
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Staying with the plan
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The Steel's hometown couldn't care less - For the people of Bethlehem, Pa., the bankrupt steel company died a long time ago
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Beth Steel facing a test of its mettle
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Cruise Lines:

American Classic Voyages sinks into bankruptcy
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American Classic Petition Lists $37M In Assets, $453M Debts
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Bankruptcy not a surprise
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Cruise line bankruptcy affects many businesses
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Riverboat firm files bankruptcy
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Carnival Corp Says Unit Holds $80M First PFD Ship Mtge On American Classic
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Cruise Passengers Stranded; Workers Unemployed
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American Classic plans to return
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Bankruptcy filing sinks trips on Cape May Light
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Travel Agencies:

The name's bond, travel bond
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Tough road ahead for travel agencies
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Tour operator SNV Group cuts half of staff, seeks protection from creditors
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Issuers of plastic struggle as borrowers fall behind
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New Bankruptcy Opinions
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Bankruptcy Jobs
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Bankruptcy Court Web/Pacer Site Directory

Power Utilities:

Sticker Shock - Lawyers face tough questions from trustee over some of their fees in PG&E bankruptcy case
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Edison Posts Loss; Profit at SCE Soars
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Calif. consumers face $8 bln energy bill
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SunGard expects feds to clear Comdisco purchase
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Anacomp Chapter 11 Petition Lists $469.1M In Liabilities
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Semiconductor Laser International Files Ch. 11
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Providian Financial Faces Shareholder Lawsuit
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Credit card interest doesn't fall with Fed rate cuts
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Des Moines: Crestland finances trouble farmers
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Restructuring . . .

Merrill Lynch offering its first severance deals
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Club Med to Close 15 Resorts Amid Tourist Slump
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Trustee settles City Mortgage suits

Hawaii: Ex-isle banker Sia pleads guilty to bankruptcy fraud
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L&H nears bankruptcy as court rejects rescue plan

Students' financial woes grow
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England:

Court clears half of RailWorks' DIP funding
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BNFL on verge of bankruptcy, says paper
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Cricket: England may face bankruptcy
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Firms renege on 31bn junk bonds
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Police enquiry into banks' role in Nigerian money laundering
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UK shareholders may get a vote on directors' pay

Bail-out pledge for 'Newtrack' - Government guarantees to keep Railtrack's replacement on the rails in the event of disaster
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Mexico:

Banks request bankruptcy proceedings against Tribasa
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Korea:

GM's Perriton looks back on Daewoo
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France:

Moulinex bidders await court ruling
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Japan:

Most Japanese oppose using public fund to save banks: Poll

Japan's Debt Tidal Wave
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Canada:

Insecurity scares Canadians into reducing debt: Paying down credit cards
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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.