October 30, 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

         
Telecoms:

At Home creditors win court victory
(DBN Subscription Required)

Congress Will Intervene If NextWave Talks Fail - McCain
(DBN Subscription Required)

FCC, NextWave close to deal on five-year dispute
(DBN Subscription Required)

No Satisfaction Gained From NextWave Talks
(DBN Subscription Required)

Verizon Wireless to Make Deal on NextWave Licenses
(DBN Subscription Required)

Aerie bids again for Metricom assets
(DBN Subscription Required)

Atlantic Telecom faces a revolt
(DBN Subscription Required)

Telergy files for bankruptcy
(DBN Subscription Required)

After billion-dollar build-up, expansion plans are put off
(DBN Subscription Required)

_________________

Moody's Places All Long Term Enron Debt On Review For Downgrade
(DBN Subscription Required)

Enron's Flickering Bulb
(DBN Subscription Required)

ABC-NACO Receives Court Approval for Interim DIP Financing
(DBN Subscription Required)

New Owner Plans to Resume Production at Bankrupt Mira Loma, Calif., Motorcycle Plant
(DBN Subscription Required)

CPAs advise clients on dealing with unstable economy
(DBN Subscription Required)

Lernout & Hauspie:

Judge to set auction for Lernout & Hauspie assets
(DBN Subscription Required)

Lernout & Hauspie Auction Plan Gets US Court Approval
(WSJ: separate paid subscription required)

__________________

Houston: Survival of the fittest - A Moveable Feast files bankruptcy
(DBN Subscription Required)

Dotcoms:

C2 Media final DIP approval delayed
(DBN Subscription Required)

Egghead Suspends E-tail Operations
(DBN Subscription Required)

Despite Pledge To Stay Open, Egghead.com Shuts Down
(DBN Subscription Required)

Denver: ISP may be pulled from bankruptcy

________________

Symphonies:

Cash-strapped San Jose Symphony goes silent
(DBN Subscription Required)

Toronto Symphony teeters on brink of bankruptcy
(DBN Subscription Required)

TSO faces ruin as bailout rejected
(DBN Subscription Required)

________________

Bankruptcy Judge Approves Sale of Lancaster, Pa., Printshop
(DBN Subscription Required)

Accounting Firm Grant Thornton Sued on First National Bank of Keystone
(DBN Subscription Required)

Video Update confirmation hearing delayed
(DBN Subscription Required)

Dallas: Another flurry of job cuts on the horizon
(DBN Subscription Required)

When bankruptcies are good for a company's bottom line
(DBN Subscription Required)

Loan Modification Programs Are Helping
Homeowners Soften Blow of a Slowdown
(WSJ: separate paid subscription required)

Consultants take control of American Tissue
(DBN Subscription Required)

Dairy Mart Creditors Oppose CEO's Compensation Package
(WSJ: separate paid subscription required)

Polaroid:

How Polaroid lost sight of the bigger picture
(DBN Subscription Required)

Polaroid Announces Resignation of Three Executives
(DBN Subscription Required)

__________________

George Young:

Missouri Cattleman Seeks Role in Bankruptcy Case
(DBN Subscription Required)   

Two Nebraska Families Sue Ohio Co-Op in Cattle Deal
(DBN Subscription Required)

Kansas City, Mo., Cattle Bookkeeping Service's Bankruptcy Trustees Seek Refund
(DBN Subscription Required)

_________________

Wisconsin Banks Make Assumption of More Delinquencies by Borrowers
(DBN Subscription Required)

  Owens Corning examiner request denied
(DBN Subscription Required)

Airlines:

UAL's CEO Creighton May Turn to Unions for Cutbacks
(DBN Subscription Required)

United cutbacks take shape - New CEO confronted with need to stanch onslaught of red ink
(DBN Subscription Required)

When failing airlines can't take off
(DBN Subscription Required)

UAL boss seeks sacrifices
(DBN Subscription Required)

Major changes on the wing at United Airlines
(DBN Subscription Required)

Northwest Airlines a 'winner' at DBAB
(DBN Subscription Required)

Swissair's travel portal Beyoo unit files for bankruptcy
(DBN Subscription Required)

A group including former top execs with CBS, Citicorp and Legend Airlines starts up a charter-airline company
(DBN Subscription Required)

Industry Net Loss This Year Pegged At $5.6 Billion
(DBN Subscription Required)

US carriers face grim prospects despite aid
(DBN Subscription Required)

Banks may refuse loans to save Aer Lingus
(DBN Subscription Required)

ILO holding crisis talks over downturn of airline industry
(DBN Subscription Required)

Swissair subsidiary says Emirates, South African Airways also under threat
(DBN Subscription Required)

Sabena Cuts Trans-Atlantic, African Routes To Stay Afloat
(WSJ: separate paid subscription required)

_________________

Court Approves Final ITS DIP Financing - Enjoins Former Chairman From Calling Special Meeting of Shareholders
(DBN Subscription Required)

Bankruptcy Judge Approves Spending Plan at Memphis, Tenn.-Based Response Oncology
(DBN Subscription Required)

Assisted Living:

Assisted Living's $4.4M DIP approved
(DBN Subscription Required)

Assisted Living Concepts Announcements
(DBN Subscription Required)

_____________________

Power Utilities:

Something Just Doesn't Smell Right About Those PG&E Fees
(DBN Subscription Required)

Calif. officials press FERC to maintain oversight
(DBN Subscription Required)

____________________

Owner near release from Aladdin obligations
(DBN Subscription Required)

Dollar Tumbles as U.S. Reports Seen Fueling Recession Concern
(DBN Subscription Required)

Tackling the tourism job crisis
(DBN Subscription Required)

Cruise Lines:

Miami: Sunrise left on the dock by bankrupt cruise line
(DBN Subscription Required)

Nearly $1B on the line for creditors, taxpayers
(DBN Subscription Required)

__________________

Monster Mag That Inspired Hollywood Faces Death In Bankruptcy Auction
(DBN Subscription Required)

Retailers:

The Great Markdown
(NYT: separate free registration required)

Retailers Say Holiday Season Looks Uncomfortably Uncertain
(DBN Subscription Required)

Factory Card Gets OK For Amended Severance Plan For Mgmt
(WSJ: separate paid subscription required)

Uneasy Workers Proceed as Bankruptcy Looms for Philadelphia Shipyard Operator
(DBN Subscription Required)

State officials: Kvaerner yard will survive
(DBN Subscription Required)

San Antonio area records big spike in bankruptcies
(DBN Subscription Required)

Greensboro: House Dressing furniture files for Chapter 7 bankruptcy
(DBN Subscription Required)

Living on the Edge -- Despite economic uncertainty and global turmoil, many companies are benefiting from taking risks

Steel:

Bethlehem Steel plotting survival strategies
(DBN Subscription Required)

U.S. steel losing the game
(DBN Subscription Required)

Steel chief sees Chrysler parallel
(DBN Subscription Required)

__________________

 

 

New Bankruptcy Opinions
(3 new opinions today)

Bankruptcy Jobs
(DBN Subscription Required)

Bankruptcy Court Web/Pacer Site Directory

Law Firm Restructuring . . .

Shearman & Sterling Foresees 10 Percent Cutback in Associate Ranks
(DBN Subscription Required)

___________________

Tri-National bets the farm on Mexican land
(DBN Subscription Required)

Comdisco extends easing portfolio deadline
(DBN Subscription Required)

Bankrupt courier's woes show ATMs' weakness - Experts say Tri-State Armored Car Services shows that some banks are not practicing proper oversight
(DBN Subscription Required)

Austin: Secure Comm Inc. files Chapter 11
(DBN Subscription Required)

Henley Healthare Files For Ch 7 Liquidation In Texas
(WSJ: separate paid subscription required)

Famed Pennsylvania Resort Closes
(NYT: separate free registration required)

Losses to defaults surge, banks scramble
(DBN Subscription Required)

Golden Books Can Immediately Pay Secured Bondholders $23M
(WSJ: separate paid subscription required)

Turnaround specialist: Consultant helps firms with financial problems
(DBN Subscription Required)

Roanoke Bankruptcy Cases Grow
(DBN Subscription Required)

Bry-Lin Hospitals files for Chapter 11
(DBN Subscription Required)

Lykes' Fate Rests On Stocks' Value - Bankruptcy Possible If Shareholders' Claim Upheld
(DBN Subscription Required)

Japan:

The third excess
(DBN Subscription Required)

Japan calls record 5.3 per cent jobless rate "emergency"
(DBN Subscription Required)

Japan faces up to painful cuts in jobs at home
(DBN Subscription Required)

Japan Facing 2-Year Slump, BOJ Says
(DBN Subscription Required)

Ohkura collapses as 1st listed victim of IT recession
(DBN Subscription Required)

________________

Argentina:

Argentina Signals Default on $38 Billion of Debt
(DBN Subscription Required)

____________

Phillipines:

CMDC proposes new bankruptcy law
(DBN Subscription Required)

_________________

Norway:

Kvaerner looks for savior in Yukos
(DBN Subscription Required)

Kvaerner continues talks with lenders this morning to avert bankruptcy
(DBN Subscription Required)

Kvaerner reveals operating loss
(DBN Subscription Required)

Debt restructuring is preferable to bankruptcy
(DBN Subscription Required)

Yukos offers Kvaerner a seven-day lifeline
(DBN Subscription Required)

Kvaerner chair believes in cash solution
(DBN Subscription Required)

___________________

Korea:

Daewoo creditor in talks to sell bus plant
(DBN Subscription Required)

Hynix creditors to discuss new bailout plan
(DBN Subscription Required)

Korea to auction Daewoo Motor truck plant
(DBN Subscription Required)

__________________

England:

When is a failure not a failure? When a firm is in receivership
(DBN Subscription Required)

Aitken's creditors get £1.8m
(DBN Subscription Required)

________________

Mexico:

Meat Producers Demand Rescue Package To Avoid Bankruptcy
(DBN Subscription Required)

__________________

 

Weather Forecast:
Enter City, State, or Zipcode:

If you received the Daily Bankruptcy News via email, to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here, or by going to BKINFORMATION.COM and clicking on the Bankruptcy News button.  Note that the Daily Bankruptcy News is distributed via "HTML email" in which the links to the news stories are embedded in the headlines.  The email you receive should look like a 3-column newspaper, with headlines for each story. If you receive the Daily Bankruptcy News by email and the copy you receive is not formatted like a 3-column newspaper, or does not seem to contain links to the news stories, you may have an email client that is not capable of receiving HTML email, or is not configured to display such email.  You can however, receive a daily email notifying you when the Daily Bankruptcy News is updated on the web site. If you would like to receive such an email, please let us know at admin@bkinformation.com  

Advertising
Advertising is available in the Daily Bankruptcy News in a variety of places, formats and prices. Go to http://bkinformation.com/DBN_ADs.htm  for a list of choices.  Feel free to contact us with any questions.

Passwords
Access to certain links in the Daily Bankruptcy News is available only to readers holding a paid subscription.  These links are currently marked with a "DBN Subscription Required" notation. The cost of a subscription is $3/month, payable annually.  A separate password is required for each member of a firm wishing access to restricted links. Volume discounts are available. New readers can receive a free password good for 30 days by going to http://bkinformation.com/RegistrationForm.cfm.
Readers who wish to change their passwords should go to http://bkinformation.com/ChangePasswordForm.cfm. Readers who have forgotten their password should go to http://bkinformation.com/GetPassword.cfm

Adding Your Email Address To The Distribution List
If you would like to start receiving the Daily Bankruptcy News by email each day, go to http://bkinformation.com/SubscribeDBNForm.cfm  and fill in the information requested.  There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us at admin@bkinformation.com for help.  

Removing Your Email Address From The Distribution List
If you already receive Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear.  Note that the email must be sent from the same email address at which you are receiving the Daily Bankruptcy News. You do not need to type anything in the body of the email message.   If you do not receive an email confirming deletion of your email address from the distribution list  for the publication, contact us at admin@bkinformation.com for help.

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.