September 4, 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

         
Power Utilities:

Bill to Rescue Edison Is Set for Review
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Edison Utility Faces Bankruptcy Even With Rescue
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Idea of Edison Bankruptcy Gains Currency
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Support Growing for Edison Bankruptcy
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PG&E creditors vying for chunk of bankruptcy cash
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Will California Consumers Lose Direct Access To Energy?
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Williams Files Claim in Pacific Gas & Electric Bankruptcy Case
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SMUD boosts first-half income selling extra power

Power buyers in Northwest chase refunds - Enron and others targeted
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Newport Creamery:

Newport Creamery gets new lawyer
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Bankruptcy Court Allows Rhode Island Eatery to Put Deposit on Health Insurance
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Bull market laid to waste as consumer spending dries up
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Bridge Gets Telerate Ok; Asset Sale To Dow Jones Delayed
(WSJ: separate paid subscription required)

One of nation's largest black-owned fast-food companies files for protection
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San Francisco: Liquidation specialists mop up after bankruptcies

AMF Bowling Reorganizes
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Savvis faces delisting if stock fails to rebound

A 'Heck of a Ride' at TWA
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Bank Freezes Action at Massive Film Vault - Foreclosure: Officials seize Pittsburgh-area lab, leaving studios and independent producers unable to get canisters that are locked inside
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Report concludes financial industry fails to make Online Opt-Out easy
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Pacific Aerospace talks with lenders after loan default
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Aviation Deal Dreamer Grounded by Reality - Surprise Bidder for TWA and US Air Has Little To Back Up His Bids - "He's like an Elvis sighting"
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Portland: Creditors hear details of Great Western collapse

Trouble trails founder of Forum
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Austin: Lone Star Cafe chain seeks protection from creditors

State takes Shakespeare theater back after failure - Stratford promoters facing bankruptcy after latest effort
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Half of all low-rated junk bonds cut in 2001
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Airline jet orders tumbling, no relief in sight
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Schwinn:

Court orders temporary stay of order for Schwinn/GT
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Judge delays Schwinn ruling

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Shareholders get zilch, court OKs Consumers Packaging sale to Owens-Illinois
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Group Files Involuntary Bankruptcy Petition against Fresno, Calif., Grocer
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CFS debts closer to being paid to ex-workers
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Can we survive economic storm?
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Last-ditch bid to save Aladdin from bankruptcy
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Mooney Aircraft seeks buyer for the company

  Salary Status Quo - After big gains last year, associates shouldn't expect a big boost in base pay
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For Associates, the Paranoia Grows - Computer glitch goofs up Gunderson's payday, sending a stab of layoff terror through some
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Casino in Crisis
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Former CFS workers to receive share of failed company
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Bankruptcies higher in counties that have casinos
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Telecoms:

FCC abides by order, returns wireless licenses to NextWave
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FCC objects to NextWave reorganization plan
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Cox, Comcast jump ship as At Home takes on water
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Cox, Comcast End Pacts with ExciteAtHome
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Excite to Hire Adviser as Cox, Comcast End Pacts
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At Home Lender Promethean Will Delay Calling Loan
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Deadlines loom over Metromedia Fiber
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Excite@Home Weighs Options As Cable Partners Bail Out
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ExciteAtHome a wobbling Colo. domino
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Excite At Home May Lose Cable Deals
But Survive Pending Credit Crunch
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Why is Rogers still at home with At Home?
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`Telecom hotels,' last year's fad, sputter on glut

Telecoms still in pain as Wall St stabilizes
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Excite@Home Executive in Crisis Control at Warp Speed
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Lack of capital cripples fast Web access firms
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Metricom Says Aerie Top Bidder For Company's Assets
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Iowa bankruptcies rise
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USG seeks approval of pay plan for executives
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Bankruptcy Court Judge Approves Comdisco Executive's Pay Package
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Bankruptcy Reform:

Bankruptcy reform still on the agenda as Congress returns with full plate, dwindling funds
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Proposed changes in federal law would make wiping out personal debt more difficult
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Bankruptcy filings up 25 percent as debate over reform continues

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Dotcoms:

"The Real Value" in Dotcoms - Customer Lists
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Cashing in on washed-up tech companies - Assets left after firms go bust spur new boom industry
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Sacramento: EMonitoring lays off all of its staff

San Francisco Landlords Slicing Rents as Dot-Com Bubble Bursts
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Living.com lives fast, dies young
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Money changes everything - Reckless spending, poor management proved disastrous
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Consumer fatigue threatens U.S.
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Gorges/Quik-To-Fix Foods To Convert Case To Chapter 7
(WSJ: separate paid subscription required)

 

New Bankruptcy Opinions
(No new opinions today)

Bankruptcy Jobs
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Bankruptcy Court Web/Pacer Site Directory

Steel:

Weirton Steel stocks coming off NYSE
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Loan Guarantee Application Filing For LTV Extended
(WSJ: separate paid subscription required)

Observers say effects of steel plant’s closing not as bad as many feared
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Bankruptcy Crt Converts Automata Chapter 11 Case To Ch 7
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From lucky to out of luck - lottery jackpot winner files bankruptcy
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Las Vegas: Bankruptcy rate climbing
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Business bankruptcies drop in Vermont
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Bankruptcy Court in Erie, Pa., Is Booming During Business Downturn
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Parties vie over Allegheny insurance - Lawyers, Tenet Healthcare Corp. and a Pa. official are among those seeking a portion of $200 million
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Golden Books retirees get reprieve from buyer

Wisconsin: Debtors turn to UW Extension for counseling - Many seeking help undergoing life-changing experiences
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Korea:

Korea Hynix rescue verdict to take 2-3 days
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S Korean Banks In Dilemma Over Hynix Bailout
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Rescue of Hynix Has Many Implications
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Daewoo Polish van unit files for bankruptcy

Hynix Semiconductor Seeks $3.5 Billion Bailout To Avoid Bankruptcy
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Canada:

Dylex sells 100 BiWay leases
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Quebec Inc. is reaping what it has sown: Calamity has struck most of Charles Sirois' ventures of late
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July marks significant jump in Canadian bankruptcies
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Japan:

Banks rip request for funds
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Most bad loans 'gone by '05'
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Japan Balks at the IMF's Request
To Monitor Ailing Banking System
(WSJ: separate paid subscription required)

Poor economy taking toll on health care
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Japan's Industry Finally Faces Up to Painful Cuts in Jobs at Home
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France:

Some Like It Haute - Slowing Economy Hits Haute Cuisine, Forcing Some To The Brink Of Bankruptcy
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How Mondavi's French Venture Went Sour

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Mexico:

Mexican officials to seize sugar mills
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Copyright 2001  [BKINFORMATION.COM]. All rights reserved.