September 11, 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

         
Delaware district judges out of bankruptcies
(DBN Subscription Required)  

Telecoms:

Ciber buys PSINet assets for $40M
(DBN Subscription Required)

FCC says Rhythms cannot shut down until Sept. 24
(DBN Subscription Required)

DirecTV Says Rhythms Shutdown Could Hurt 17,000 Web Customers
(DBN Subscription Required)

PSINet Subsidiary Agrees to Sell Two Metamor Properties
(DBN Subscription Required)

The Telecom Meltdown Gets Worse

Level 3 Communications to Buy Back Debt
(DBN Subscription Required)

Those Wires Sure Are Cold

ExciteAtHome loses CFO

_______________

Panel to vote on online bankruptcy data
(DBN Subscription Required)

McCrory:

Riklis-controlled McCrory hits bottom
(DBN Subscription Required)

McCrory Corp., nine affiliates file for chapter 11 protection
(DBN Subscription Required)

McCrory Corp., 9 Affiliates File For Chap 11 Protection
(WSJ: separate paid subscription required)

___________________

Official Committee of Equity Security Holders appointed in Comdisco Chapter 11 Case Selects Professionals
(DBN Subscription Required)

VoiceFlash Networks Unit Unable To Get DIP Financing
(WSJ: separate paid subscription required)

Restructuring . . .

Michelin to Cut 2,000 Jobs in North America, Blames Downturn in Tire Market
(DBN Subscription Required)

Qwest to Cut 4,000 Jobs, Warns of Deteriorating Economic Conditions
(DBN Subscription Required)

______________

Steel:

Legacy costs of pensions, health care leave LTV in a bind
(DBN Subscription Required)

For Republic, Superior retirees, LTV bankruptcy means losses
(DBN Subscription Required)

______________

Bleak Economic Statistics Erode Optimism for Fall
(DBN Subscription Required)

Fed Officials See Delayed, Slower Economic Recovery
(DBN Subscription Required)

Los Angeles: More debtors calling it quits
(DBN Subscription Required)

Hilco and Great American Group Announce Going Out of Business Sales Commenced At Cosmetics Plus Group
(DBN Subscription Required)

Crazy Shirts Files Bankruptcy, To Be Sold
(DBN Subscription Required)

Dotcoms:

Former 3Com executive tapped to rescue Exodus
(DBN Subscription Required)

__________________

Buckeye Egg Farm Ponders Options, Including Bankruptcy, After $19.7 Million Verdict
(DBN Subscription Required)

Slump Cuts into Florida Business Tax Payments
(DBN Subscription Required)   

  American Tissue:

American Tissue files for bankruptcy
(DBN Subscription Required)

American Tissue Inc. and Its Domestic Subsidiaries File for Chapter 11 Protection
(DBN Subscription Required)

American Tissue Files For Chapter 11 Protection
(WSJ: separate paid subscription required)

Financially troubled mill owner files for bankruptcy
(DBN Subscription Required)

Wipeout At American Tissue
(DBN Subscription Required)

Financially troubled mill owner, with mills in Gorham and Berlin, files for bankruptcy
(DBN Subscription Required)

___________________

Bankruptcies may be set for new cycle
(DBN Subscription Required)

Economy Casts Pall on Law School Campuses
(DBN Subscription Required)

Family Wonder Holdings Files For Chapter 11 Protection
(WSJ: separate paid subscription required)

Cattle broker borrowed millions to pay investors
(DBN Subscription Required)

Bankrupt Texas aircraft company courts buyers
(DBN Subscription Required)

Consumer Borrowing Remains Weak in July
(DBN Subscription Required)

Slatkin: Investment counselor's legal troubles pose PR problem for Scientology
(DBN Subscription Required)

Asbestos:

Smoking Gun Lawsuits
(DBN Subscription Required)

Owens Corning Seeks To Share Confidential Asbestos Info
(WSJ: separate paid subscription required)

The Claims Keep Rolling In
(DBN Subscription Required)

_______________

Dispute erupts over auction of Vegas hotel-casino
(DBN Subscription Required)

Judge delays auction of Schwinn/GT
(DBN Subscription Required)

Going Out of Business Sales Commenced On Payless Cashways, Inc.
(DBN Subscription Required)

Congress Scrambles to Respond to Downturn
(DBN Subscription Required)

Borrowers Pay Price of Predatory Lending
(DBN Subscription Required)

High Tech's Nose Dive Stings Utah
(DBN Subscription Required)

Document Fees Get Lender in Trouble

Microworkz Judge Agrees To Stay Order (scroll down)
(DBN Subscription Required)

U.S.A. Floral Receives Bankruptcy Court Approval to Complete Sale of International Division
(DBN Subscription Required)

More investors faulting brokers for losses
(DBN Subscription Required)

Payless:

Trustee to Oversee Dismantling of Payless Cashways
(DBN Subscription Required)

Payless Cashways to liquidate, Memphis location closing

Denver: Hugh M. Woods stores going out of business as a result of Payless liquidation

_______________

Bankruptcy judge allows foundation to run Phoenix Swim Club
(DBN Subscription Required)

 

New Bankruptcy Opinions
(4 new opinions today)

Bankruptcy Jobs
(DBN Subscription Required)

Bankruptcy Court Web/Pacer Site Directory

Texas Bankruptcies Up Compared to Last Year
(DBN Subscription Required)

Work & Family: Savaged by the Slowdown

Power Utilities:

DWP Far Exceeded Profit It Reported - Audit finds utility's return was double 15% reported - Officials deny price gouging
(DBN Subscription Required)

Bill to tax excess energy profits stalls in Assembly
(DBN Subscription Required)

Edison Rescue Bill Nears California Senate Showdown
(DBN Subscription Required)

Calif Senate Committee Seen Debating SoCal Ed Rescue Wed
(WSJ: separate paid subscription required)

Bailout Scheme for Edison Fails Tests Again ...
(DBN Subscription Required)

Duke VP sees credit squeeze for power generators
(DBN Subscription Required)

__________________

Lernout & Hauspie:

L&H faces liquidation if no buyers surface
(DBN Subscription Required)

Lernout & Hauspie must have firm offer for rump co by end Sept
(DBN Subscription Required)

Lernout & Hauspie says it may have a buyer

L&H files new restructuring plan with Belgian court
(DBN Subscription Required)

Belgium's L&H to Cut Jobs for Survival
(DBN Subscription Required)

_________________

Bears Insist the Bottom's Yet to Come
(DBN Subscription Required)

Japan:

Asian Bankers Warn Reforms Have Stalled
(WSJ: separate paid subscription required)

The Man Who Would Rebuild Banks

______________

France:

Hunt for acquirer of Moulinex Brandt
(DBN Subscription Required)

______________

England:

London: Shares Agony For Millions
(DBN Subscription Required)

Lady in Leisure calls in administrators
(DBN Subscription Required)

_______________

Canada:

Uniforet takes downtime at Quebec sawmill, blames US
(DBN Subscription Required)

Fairweather bids due Tuesday; friends hope for multiple offers, $20M price
(DBN Subscription Required)

______________

Korea:

Plan Seen Clinching GM Daewoo Takeover
(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.