September 20, 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

         

Airlines:

Airlines want $17.5B, limits on liability
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Reconnaissance Flight Over a Troubled Sector
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Airline Bankruptcies Loom, Even with Aid
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Delta and AMR debt is reduced to junk status
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W.House Proposes $5 Billion for Airlines - Covers Industry's Estimate Of Direct Attack-Related Costs, But Not Loan Guarantees
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Bush To Seek $5 Bln Bailout For US Airline Industry
(WSJ: separate paid subscription required)

Don't bail out the airlines
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Bush to seek $5 billion bailout for airlines, an amount short of what industry says it needs
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American Air says liabilities could exceed resources
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Only You Can Prevent Airline Bankruptcies
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AmWest facing bankruptcy
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Airlines face 'economic abyss'
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US Airways views its crisis as life-or-death struggle - But annual meeting is told bankruptcy is not imminent
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America West: May Face Bankruptcy Filing
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Continental: Revenue Drop, No Bankruptcy
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Bankruptcy an option for airlines
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Aviation Firms Are In Freefall
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Airlines Face Devastating Losses
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U.S. Airlines Win Assurance of Massive Government Aid
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Aviation industry loses 76,000 jobs
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American Airlines Laying Off 20,000
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Boeing says layoffs to hit suppliers, rival
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Airlines discreetly serve up array of discounted fares
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Aftershock plunges economies into crisis as toll of corporate victims soars
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Airline Job Cuts Mount as Aid Debated
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Analysts see possibility of airline bankruptcies
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Past 'rescue missions' had mixed results: Airlines' disaster rekindles debate on government role
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  Power Utilities:

Third creditor sought to push utility into bankruptcy
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Creditors consider bankruptcy for Edison
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Calif Renewable Pwr Plant Owners Fight Edison Bankruptcy
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Creditors May Push SCE Into Bankruptcy
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Calif. Public Utilities Sets Vote
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Long Beach, Pwr Suppliers May Force SCE Bankruptcy
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California ready to re-regulate electricity
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Calif PUC Likely To Abandon Electricity Deregulation
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U.S. bankruptcy, civil case files to be placed online
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Newport Creamery:

Newport trustee questions $4.5M transfers
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Newport Creamery owner's finances eyed
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Ernst & Young Charged in Georgia Court With Misrepresentation
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CSFB unit to buy MCMS assets
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Indianapolis: Mozel Sanders group is bankrupt
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Economy:

President Maps Plan To Save Economy
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Military Gears Up, Economic Fears Grow
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Recession gloom spreads, markets shiver
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Lawmakers Urged to Hold Off on Stimulus Drive
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US judge grants injunction on Sulzer Medica hip claims

Bankruptcy Judge Allows Auction of Cattleman's Livestock in Kansas City, Mo.
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LAX losing money as air of uncertainty grips travelers
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Airlines (cont.):

Banks Have Limited Number Of Airline Loans Outstanding
(WSJ: separate paid subscription required)

French carriers seek quick fix 

US Airways Chairman: Airline Trying To Raise Cash
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New Bankruptcy Opinions
(No new opinions today)

Bankruptcy Jobs
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Bankruptcy Court Web/Pacer Site Directory

Court Mulls L&H Bankruptcy Protection
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Comdisco shareholders unlikely to see gains
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Telecoms:

Weak telecoms face bleaker future
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Telecoms bankruptcies to hit C&W revenues
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Cutbacks threaten hotels, agencies
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Payless Cashways Board Resigns Amid Ch. 11 Liquidation
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Armored Car Company Exec Guilty In ATM Scam
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Belgian court to decide on bankruptcy protection for fallen tech star L&H
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Restructuring . . .

3Com to cut 1,000 more jobs
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Lagging economy, terrorist attacks could lead to job cuts at Kodak
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Korea:

Seoul declares 45 companies 'unviable'
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GM may conclude deal to buy Daewoo this week
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GM to announce deal to take over Daewoo Motor on Friday
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Canada:

Dylex probe shows odd payments
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B.C. medical device firm files for bankruptcy
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Air Canada needs help, but how much does it deserve?
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________________

Australia:

Pasminco ends sales, seeks protection
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England:

Unions plead for UK airline aid
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France:

Moulinex could be liquidated
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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 

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