September 7, 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

         
Law Firm Restructuring:

Law Firm Layoffs Hit Florida
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Fenwick & West Cuts 32 Lawyers - Fenwick's chairman said the firm had hoped for a recovery
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Fenwick Follows
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Is history repeating itself?
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Are Associate Layoffs Heading East?
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Fenwick & West dismisses 32 attorneys
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Venture Law Group delays start for new associates
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The last taboo
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Regal Cinemas:

Anschutz to gain control of Regal Cinemas
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Regal Cinemas cedes control in bankruptcy filing

Giant cinema chain goes bust
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Denver entrepreneur Phil Anschutz to take over Regal Cinemas Inc.

Movie theater king looks Regal
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Anschutz ropes in Regal
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AMC Entertainment Enters Bidding for General Cinemas
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Telecoms:

Metromedia Puts the Hangman on Hold for Another Day
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The tangled legacy of a derailed revolution
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Banks demand higher rates as Marconi bonds hit junk status
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Marconi down 24% as debt worries grow
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VeriSign Takes Office Space Slated for Bankrupt Winstar
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CMA seeks shield of doctor group financial files
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Babcock Bankruptcy Squabble May Impact McDermott Bonds
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Warnaco Receives Strong Bank Group Support
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George Young:

Young cattle lose value
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Neubergers seek cattle and answers
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Stonebridge Technologies Files Bankruptcy, Announces Proposed Asset Sale
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  Power Utilities:

Assembly approves deal to rescue Southern California Edison
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Utilities Protest Plan Giving State-Bought Power Priority
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Power Votes Postponed
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Assembly OKs Bill to Rebuild Edison's Finances
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Assembly OKs Edison rescue plan, barely - State senators must give approval, and they're balking at changes
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Disaster averted, California's Davis may win second term
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Calif ISO Power Bills Still Go Unpaid, Despite State Law
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So Cal Edison bailout unwise
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Developments in California's energy crisis
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Court Approves Washington Group Motion Rejecting Raytheon Agreement
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Dotcoms:

Bankruptcy for Breakaway
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Little time to waste if Exodus is to avoid end of the road
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Absent Fraud Ruling, Investors May Find It Hard to Collect Award From Brokers
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Bankruptcy Judge to Decide on Eviction Request Concerning Newport Creamery
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Schwinn:

Fitness Companies Place Joint Bid on Boulder-Based Schwinn
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Direct Focus Submits Bid to Acquire Fitness Division of Schwinn
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Restructuring . . .

Motorola slashes 2,000 more jobs
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High-tech job cuts 13 times higher than last year
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AHERF: Former Health System Bondholders Will Not Finalize Settlement, Say Defendants
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Credit card companies buy a foothold on college campuses
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Colleges cashing in - Campuses have big-money deals with credit card companies
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Lawsuit Against Harrah's Urged - Casino Organization Resembles Comedy Skit, Councilman Says
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Council, Harrah's Casino on brink of legal battle
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New Bankruptcy Opinions
(1 new opinion today)

Bankruptcy Jobs
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Bankruptcy Court Web/Pacer Site Directory

Remainder of 2001 Likely to Be Worse Than Originally Predicted Say Lenders
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Japanese Report Adds to Global Economic Fears
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Bank profits high, even as credit writeoffs rising
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LV casino told by bankruptcy judge to cooperate with auctioneer
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McCook chairman to resign and make a bid for bankrupt firm
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Moulinex might file for bankruptcy
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A Sad Familiarity In Today's News - The poverty industry is one of America's fastest-growing and most profitable ventures
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Regulators Begin Drafting Subprime-Loan Guidelines
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Court Likely To OK Coram's Disclosure Statement By Monday
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It's been no summer picnic for vacation company Epic - FTC settlement comes amid creditors' trying to force bankruptcy
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Alleghany Highlands Economic Development Authority In Bankruptcy, Lets Development Staff Go
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Celluloid treasures get stranded in Pittsburgh Bank forecloses on film laboratory
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Colorado bankruptcy filings up

Australia:

Bumpy road ahead if worst fears realized
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Korea:

The Hynix saga: "None of your business"
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China:

Enterprising debtors under fire
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Canada:

Skeena Cellulose has a month to find a savior
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Czech Republic:

Bankruptcy drama haunts LET
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