October 5, 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

         
Reliance Insurance:

Reliance Insurance to liquidate
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Reliance Insurance Declared Insolvent
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Reliance Prepares to Liquidate
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Insurance bankruptcy to cost La.
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Attacks hasten liquidation of former Steinberg company
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Insolvent by $1.1 Billion, Reliance Is Placed in Liquidation
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Polaroid:

Polaroid Unlikely to Survive as Assets Dwindle
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Polaroid may be headed for bankruptcy
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Polaroid picture darkens: Bankruptcy filing looms

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Seed company Burpee makes Chapter 11 filing
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Risk Management In A Down Economy
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Power Utilities:

Federal judge mulls Edison-PUC settlement as parties weigh in
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A workable proposal: Edison plan is better than uncertainty
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Monkey wrenches loom for Edison
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Edison Utility Pact Faces Opposition
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California Scrambles to Switch Strategies After Plans for Power Bonds Are Stymied
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Energy Bond Fiasco May Cost State Dearly
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Fed Judge Mulls Edison Settlement
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Pacific Gas Creditors To Receive $40M Note Placement Fee - Creditors To Get More Than 100%
(WSJ: separate paid subscription required)

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Economy:

More Debt, Fewer Paychecks Spell Trouble for Economy
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Economists Expect Improvement In Second Half Of 2002
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Cotton Farmers Struggling to Survive
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Telecoms:

C&W may buy parts of bankrupt PSINet
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NextWave may get tax relief in license dispute
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Moody's Says It May Downgrade
Ratings of Several Telecom Firms
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Ricochet Resurfaces To Provide Wireless In New York
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PSINet selloff plods ahead
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AT&T-Excite@Home Asset Sale Deal Has 180-Day Walkaway
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A conversation with Robert MacIntosh
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  Airlines/Travel:

Is the Airline Bail Out a Good Idea?
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Loan Aid Could Bypass Failing Airlines - U.S. Stressing Carriers' Pre-Sept. 11 Status
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'Bailout' is relative for some - The checks for the airline industry are en route. Let's just say not all bailouts are created equal
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Revived Midway won't be the same airline
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Layoffs Mount as Hotel Industry Reels
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Miami buyout firm may take over Amerijet
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Industry and Politicians Battle Over Aid to Carriers
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Amerijet makes deal to stay aloft, save jobs
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Plan for Swissair's Crossair Unit
Draws Skepticism From Critics
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Aviation in crisis
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Rules Differ On Refunds For Flights
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Brussels wades into airline bailout debate
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Bailout Empowers U.S. to Reshape Airline Industry
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Ryanair to fight State aid
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US Airways Not in Danger
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Swissair Flies Into a Controversy
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KLM cuts flights and payroll
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NZ buys back floundering national airline
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Schlichtmann:

Ruling favors 'Civil Action' lawyer
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Cadle Co. v. Schlichtmann
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Federal-Mogul:

Court approves Federal-Mogul DIP
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Federal-Mogul Gets OK To Use $450M Interim DIP Financing
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Hartford: Telecom Firm Seeks Bankruptcy Protection
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Trans Hawaiian changes bankruptcy to Chapter 7
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DC Firms Drop Lock-Step Associate Pay
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New Orleans: Couple charged with embezzling money from bankruptcy accounts
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Steel:

Erie Steel Cuts Health Benefits to Retirees
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Michigan Steel Makers Look To Federal Agencies For Relief
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LTC Comments on Assisted Living Concepts Inc.`s Financial Reorganization
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Grain business deal OK'd for bankrupt Crestland co-op
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New Bankruptcy Opinions
(1 new opinions today)

Bankruptcy Jobs
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Bankruptcy Court Web/Pacer Site Directory

Crown Vantage lenders sue Fort James
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Renaissance Cruises:

Eight creditors step forward to claim from Renaissance Cruises
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Renaissance Cruises bankruptcy leaves subcontractor fretting
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Tower Health Under Bankruptcy Protection
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Novo:

Bankrupt Novo hopes to refocus
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Novo Networks, Inc. Subsidiaries File Plan Of Reorganization And Disclosure Statement
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Pennsylvania Court Establishes Trust Fund Out of Barnes and Tucker Bankruptcy To Address Environmental Concerns
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Sun Healthcare settles Calif. nursing home complaints
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Negligence suit bankrupts Fountain View
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Bankruptcy Judge allows Creamery owners monthly spending budget
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Park Place interested in bankrupt Aladdin
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Anchorage: Loan firm undergoes meltdown - Documents in creditors' bankruptcy filing detail City Mortgage woes
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Mariner Health looks to sell pharmacy assets
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Restructuring . . .

Global Crossing to Reorganize Amid Slump
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Bad news expected from Sun -Conference call set today amid layoff speculation
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England:

Bankruptcy made simple
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Consignia cuts 1bn to stem 'crisis'
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Lloyd's fund faces cash calls after corporates crash
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France:

Court May Decide On Bids For Moulinex Oct 16
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Korea:

The hardships of Hynix
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Canada:

Brandselite: Extension of Time Granted To File Proposal To Creditors
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Creditors take control of Hynix 

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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.