October 9, 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

         
California's Economy May Suffer Even as Power Crisis Recedes
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Debt Hangover Hits U.S. Firms
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Bankruptcy plays a bigger role in U.S. economy
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US firms with $200bn assets going broke
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Tough Times: How Long?
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Terrorist Attacks Can't Be Blamed For Everything
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Steel:

Decision Over Steel Tariffs Looms Near
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Power Utilities:

FERC Tells Energy Firms to Refund Charges
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Generators still assessing SoCal Edison deal; Duke offsets ISO bills
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American Electric, Edison Mission do deal
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Edison sells UK power stations for only half the pounds 1.3bn it paid for them
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Complexity of Energy Problem Was Too Much for Legislators
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SoCal Edison Will Honor Qualifying Facility Pwr Contracts
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PUC Chief's Iron Resolve Evident in Edison Deal
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Sulzer: Texas Lawyers Want Day in Court - "we would have better remedies in bankruptcy court"
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Warnaco Seeks 120-Day Extension Of Exclusivity Periods
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Key employees often paid bonuses to remain during bankruptcies
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Telecoms:

Excite@Home's fall turns into whodunit drama for executives
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US Wireless Seeks Court OK Of Worker Retention Plan
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Aztech:

Aztec goes bankrupt after talks fail
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Aztec Technology Partners seeks Chapter 11 protection
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Cattle and Grain-Elevator Losses Remind Iowa Farmers of 1980s Crisis
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Court Approves MCMS DIP Financing and Bidding Procedures
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Tower Records averts concerns over financial future
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Bankrupt Southwest Supermarket Chain's Workers Denied Severance Pay
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  Airlines:

National hopeful for federal assistance
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Raising the Stars and Stripes Over a Trough of Big Handouts
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Let bankruptcy heal Air Canada
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Some of nation's airlines might go under
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Impact of tourism uncertainty continues to plague airlines
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San Francisco reeling from sharp falloff in passengers arriving on foreign airlines
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Sabena Cuts More Weak Routes
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Rules give wide discretion to panel on airline loans
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EU poised to aid ailing airlines
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Airlines demonstrating solid business plans go to head of queue
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EasyJet is cruising through crisis
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Banks Deny Swissair Lawsuit, But Legal Flurry Expected
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Edgy times for airlines
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PB Air's subsidiaries declared bankrupt
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SAA avoids a battle with Swissair's creditors
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Law Firm Restructuring:

Skjerven Cuts 11 Associates to Trim Costs
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A Summer Bummer
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Court OKs Pittsburgh Corning's Employee Severance Plan
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As Part of Genesis Plan, NeighborCare Inks Deal to Purchase Pharmacy Company
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Condor Tech Says It Must Complete Restructuring By Jan 2 Or Face Bankruptcy
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Furniture chain to complete shutdown
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With Buffalo and Yonkers On Verge of Bankruptcy, Cash Crisis Looms for N.Y. State
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Nevada Protests California's Short Notice of HMO's Bankruptcy Filing
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Federal-Mogul sells Tri-Way to unit's managers
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Digital Now under siege
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Florida: Businessman leaves trail of ruin
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Citigroup To Acquire Associates First Capital Corp
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The Fall Of Saul
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New Bankruptcy Opinions
(No new opinions today)

Bankruptcy Jobs
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Bankruptcy Court Web/Pacer Site Directory

Dotcoms:

The Fall Of Exodus
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Web Addresses Get New Lives
After Original Dot-Coms Die
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Excite.com on the auction block
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EToys Seeks Crt OK Of $2.6M Settlement With Goldman Sachs
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Silicon Alley Reporter Goes Under
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Exodus pins future health on fresh new face
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England:

Railtrack Bondholders Seen Faring Better Than Swissair's
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Administrators go to work on Atlantic
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Court Orders Revamping for Railway in Britain
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City furious at losses in the millions: Investors Private money for railways will be harder to raise
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Government to take over 'bankrupt' Railtrack
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There Really Is No Alternative This Time, Says Equitable Life
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Railtrack: blame the politicians
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More money's going in, but it's ending up in people's pockets'
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Railtrack has been bust for a long time
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Norway:

Investigation called at Kvaerner
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Japan:

A Japanese Bank Rescue at Last
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Singapore:

Singapore among leaders in use of bankruptcy
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France:

Administrators float the threat of liquidation for Moulinex
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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.