August 15, 2000

Daily Bankruptcy News

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Stability of Bankruptcy Bill in Air During Election

Carmike:

Moody's warns Carmike bondholders may lose 85 pct

Moody's drops credit rating for Carmike

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Michael Petroleum Corporation Completes Restructuring Effort

Computer Town in financial trouble; lays off staff

Value America:

Trading halted in Value America

Value America- What's in a Name?

Value America bankrupt; iMac buyers left stranded

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Stage Stores:

Former BusyBody exec takes the Stage as new president of struggling chain

Securities Beat- Loan to bankrupt Stage Stores causes 'blip' for Bank United

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Tri Valley Growers' woes leave tomatoes hanging

AmeriServe vacates the premises

iSolve Incorporated Purchases Inventory of Zeta Consumer Products Corporation in Bankruptcy Court

Customers few in Globalstar orbit

Levitz Reorg Plan To Proceed

Geneva Steel Announces Third Quarter 2000 Results

Aviva Announces First Half 2000 Results

Raytech estimates $7.2 billion liability in asbestos claims

Paracelsus Healthcare Corporation Reports on Second Quarter 2000 Financial Results and Status of Restructuring Efforts

LINC Capital Bankruptcy?

Wife's loan will bail out sock maker

Bankruptcy Cancels Sale Of Mall

Mechanicsville, Va., Bowling Company Says it Won't Make Interest Payment

Cordage may sell assets Company files for bankruptcy

 

 

  Reliance Group:

Reliance mulls bankruptcy to restructure debt

Reliance Group Hints of Bankruptcy Filing
(NYT: free registration required)

Reliance Group Posts Huge Loss, Considers Filing for Bankruptcy
(WSJ: paid subscription required)

Berkshire interested in some Reliance assets

Reliance Group Reports Second Quarter 2000 Financial Results

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Ophidian:

Ophidian says may file for bankruptcy, CEO resigns

Ophidian Pharmaceuticals, Inc. Reports 3rd Fiscal Quarter Financial Results And Personnel Changes

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Comment- Bankruptcy bill adds insult to injury

Glenoit and 7 affiliates file Chapter 11 bankruptcy

Dotcoms:

BusinessMall.Com to Oppose Bankruptcy Petition Filed by Disgruntled Employee

German yuppies finding new fortunes in start-ups

Failing dot-coms seek old remedies for money mess

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Creditrust auditor becomes a creditor

PHILIP SERVICES CORP - Financial Results For The Quarter Ended June 30, 2000

Areas Of Inquiry For Government Bankruptcy Privacy Study

Trend Lines' 8-K

Medical Resources, Inc. Reports Second Quarter 2000 Results

Prime Retail, Inc. Reports Second Quarter Funds From Operations Of $3.1 Million, Revises FFO Expectations for 2000, and Updates Status of Lehman Brothers Loan Negotiations and Debt Compliance Matters

Mossimo still struggling with sinking profits

SEC Wants Former Penny-Stock Tycoon Brennan's Overseas Assets

 

New Bankruptcy Opinions
(1 new opinion today) 

Indonesia:

Indonesia's IBRA wins second bankruptcy suit

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Japan:

Japanese Stock Prices Close Higher

Yen Weakens as Traders See BOJ Moving Too Soon in Rate Boost

ANALYSIS-Japan rate cliffhanger a moral, political fight

Tokyo Markets Have Low-Key Reaction to High Drama Over Rate Hike

Investors See Japan Rate Rise as a Step Forward- Taking Stock

Japan's Bankruptcies Jump in July,
With a Record $39.25 Billion in Debt
(WSJ: paid subscription required)

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Canada:

Justices Criticize Use Of Canadian Bankruptcy Laws 

Anglican Church cuts budget, staff

'No need for apology'

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Korea:

Hyundai Announces Major Restructuring

Hyundai announces package to ease liquidity

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Russia:

Donetsk mines filing for bankruptcy in droves

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China:

Foreigners eye big picture

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Germany:

DB-Cargo Facing Bankruptcy?

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Another Grand Union Bankruptcy Possible?

Man in alleged Ponzi scheme dead

 

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