October 3, 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

         
Associate Hiring Up, Salaries Level Off
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Brobeck Cuts Number of New Partners
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Genesis exits Chapter 11 via merger
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Power Utilities:

SoCal Edison, Calif. reach agreement
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Edison, California Energy Panel Draft Rescue Plan for Utility
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PG&E: Calif PUC Could Have Acted Sooner In Rescue Plan
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Regulators Protect SoCal Edison
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Regulators announce Edison rescue plan, consumers claim bailout
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SCE Comments on Settlement With CPUC
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PG&E's plan criticized as 'shell game'
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Edison Receives a $3.3 Billion Windfall
From California Utilities Commission
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Calif. cancels session after SoCal Ed debt pact
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Pacific Gas and Electric Company Files Opening Brief in Appeal of TURN Accounting Decision
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Governor's power play
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Edison, California Spring Secret Deal To Rescue Utility
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Developments in California's energy crisis
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CPUC Votes To Settle SoCal Ed Filed Rate Doctrine Case
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SoCal Edison says accord will save company from bankruptcy
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________________

Corporate Bad News Keeps Pouring In
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Dotcoms:

Odds against bankruptcy comebacks
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Bankrupt Online Grocer to Pass Oakland, Calif., Warehouse to Kaiser Permanente
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Magazines, Websites Feel Sting Of Weak Economy
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_________________

North Carolina: Senate panel pushes through consumer finance bill
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Imperial Sugar Company Distributes New Common Stock Under Confirmed Plan
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  Polaroid moves closer to bankruptcy
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Fountain View:

Fountain View, operator of 49 long term health care facilities, files for bankruptcy protection
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Citing Inability to Get Plaintiffs' Lawyer to Remove Lien, Fountain View Files Chapter 11
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_________________

Renaissance Cruises: Tensions rise on bankrupt stranded liners - "mutiny and havoc" threatened
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Airlines/Travel:

Keep 'em flying
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Swissair Says Fleet Will Stay Grounded on Wednesday
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Swissair Suspends Flights Indefinitely
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Swissair Is Done For; Who's Next?
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Crisis deepens for Swissair
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Sabena to Seek Bankruptcy Protection
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World aviation in dire strait
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Belgian Gov't Announces Court Action Against Swissair
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Mario Corti enraged at banks' actions
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Alstom slumps as Royal Caribbean adds to woes
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American hotels lay off over 1,000,000 workers
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$3 billion reserve might not save Northwest
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Thousands left stranded after Swissair collapse
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Swissair bondholders' worst fears prove true
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Major Airlines Slash Fares
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Crash landing - up-heaval is under way in airlines
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Airports rethink expansion following attacks
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Delta CEO says airlines may face more mergers
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Telecoms:

Metromedia Cuts Revenue Forecast on Weakness
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Metromedia Fiber secures financing to stay afloat
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Bankruptcy Court Clears Sale of Troubled Minnesota Brokerage Firm - 175,000-Customer Firm Failure is Largest Ever Handled by SIPC
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New Bankruptcy Opinions
(3 new opinions today)

Bankruptcy Jobs
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Bankruptcy Court Web/Pacer Site Directory

Going bust for survival - The trouble is it often preserves its underlying problems
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S.F. Bay Area's office vacancy rate soaring
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Economy:

Global slump could last until 2003
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Fed Cuts Interest Rates to Lowest Level in 39 Years, Stocks Rise
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Fed rate cuts just shore up economy, not cure its ills
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_________________

California cotton farmers adrift on a global glut
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Gaylord Container's bondholders test bankruptcy law
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Dilemma posed by company bankruptcies: The question of whether to sell shares in firms that are about to go under is a highly complex one
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Japan:

Government to help airlines face huge insurance payouts
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Japanese travel agency sales slump after US attack
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_______________

Canada:

Bankruptcies on the rise
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Banks' travel-sector loans total $6B: Scotiabank, CIBC have greatest exposure to industry
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Federal government eyes restructuring; announces aid for airline industry
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Takeover baggage weighs down airline
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Shareholders may have to repay Dylex sale proceeds: 'This could be a first'
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Ernst & Young appointed as interim receiver of Rampart Securities
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Slump expected to boost bankruptcies
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A.G. Simpson initiates restructuring
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________________

France:

Sharp rise in failures of large companies
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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.