September 18, 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

         
Many delayed in bankruptcy court
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Power Utilities:

California Legislature Adjourns, Edison Left Swinging in the Wind
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California Gov. Davis calls for third SCE special session
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California fails to pass SoCal rescue bill
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Berry Petroleum Collects $9.3 Million on Sale of Past Due Electricity Receivable
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Small producers cling to fading SCE rescue hopes
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Judge Orders Tax Group to ID Donors
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Calif agency set to pay $1.2 billion power debt
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Ballot initiative promised if legislature okays Edison proposal

While Davis and Burton Bicker, Edison Awaits a Rescue Measure
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North Lily Files for Reorganization
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Berkshire Hathaway ends offer for Finova notes
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Law Firm Managers, Associates in Watchful, Wary Mood - There's angst, no panic, over layoffs
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3 More Deals Proposed for Wolf Camera
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Telecoms:

The Telecom Meltdown Gets Worse

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Tech economy recovery seems distant
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Exxel's Shaky Empire - Bankruptcy and loan defaults are plaguing buyout king Juan Navarro

Genesis Worldwide:

Genesis Worldwide seeks revitalization
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Genesis Worldwide, Inc. to be Sold Through Chapter 11 Reorganization; Company Expects Smooth Transition of Ownership
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Genesis Worldwide goes to Chapter 11

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Steel:

Firms Clash on Cause of Steel Woes
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U.S. steel industry may not rebound
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USWA Tells ITC `Immediate and Comprehensive Relief' Necessary to Prevent American Steel Industry's Collapse
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  Airlines:

Airlines fear bankruptcy
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Airlines In Fight For Survival - Experts Fear Whole Industry Could Go Bankrupt
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Airlines Plummet as Outlook Darkens
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Airline and Travel-Related Stocks Drop Sharply
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US Airways to lay off 11,000, cut schedule
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Continental makes cuts, warns of bankruptcy
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Carriers rely on Chapter 11 

Lawsuit Hell For Airlines?
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Airline Bonds Down On Uncertainty Over Survival, Relief
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Sabena's Future Is One of `Months,' Says Chairman
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Helping airlines 

1,200 jobs axed at Branson airline

Three U.S. Carriers Lay Off Workers
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More pain for US airlines
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Airline reservations slump
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Airline Debt Holders Face Steep Losses
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Airline Stocks Are Falling. What Next?
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Bush Offers Airlines Reassurance of Financial Aid Package
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Airlines edge near bankruptcy, cut flights
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U.S. airlines seek $24 billion government aid
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Major Carriers, an Economic Casualty, Are Cutting Back
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Virgin grounds planes and cuts jobs
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NWA Workers, Region, Brace For Airline Cuts
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Aloha, Hawaiian say it’s too early to predict effects
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AirTran pilots take pay cut as industry reels
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For Delta, it won't 'be a pretty picture'

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No Maxicare Buyer Emerges
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New Bankruptcy Opinions
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Bankruptcy Jobs
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Bankruptcy Court Web/Pacer Site Directory

Court Confirms Grove Worldwide's Reorganization Plan
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Economy:

Tax Cuts to Spur U.S. Economy May Jeopardize Unity in Congress
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Wall Street reopens, stocks swoon
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A New World - The last week has clearly pushed us over the recession line

Businesses Whittle Inventories; Economists Worry About Future Pileup if Consumers Close Pocketbooks
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Don't rely on Fed's safety net this time around
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Bush Assesses Economic Impact of Terror Strikes
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Poor economy keeps consultants hopping

Japan:

Cabinet job adviser warns of worse to come
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Mizuho to take $1.3B hit from Mycal
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Norway:

Enitel declares bankruptcy - Biggest in Norway history
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France:

Moulinex: Dream deal turned sour due to a problem with the mix 

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Korea:

'GM close to agreement to take over Daewoo'
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Korean Banks Decide To Liquidate, Sell 45 Companies
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Australia:

NAB, CBA Bank, Other Creditors, Attend Ansett Meeting
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Copyright 2001  [BKINFORMATION.COM]. All rights reserved.