August 17, 2000

Daily Bankruptcy News

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(E.D. Va - Richmond)

Heilig-Meyers files bankruptcy, to close 302 stores

Furnishings Giant Files Chapter 11 - 4,400 Job Cuts - Assets $1.35 Billion - Debts $868 Million

Heilig-Meyers Files For Bankruptcy Protection, Will Close 302 Stores

Heilig-Meyers Bankruptcy Announcement Drives Blue Chips Down

Heilig-Meyers to Restructure Under Chapter 11; Obtains Commitment for $215 Million in Post-Petition Financing; Company to Outsource Its Credit Program to Third Party Providers; Will Close 302 Stores

Heilig-Meyers Furniture Retailer Closes California Stores


Movie Theaters:

Carmike Mess Only A Preview

Movie Theater Chains Struggle



Reliance hopes for Buffett deal to give it a second wind

Steinberg Has Seen Rich Payoff

A.M. Best Downgrades Reliance Insurance Group to C

Reliance Hopes for Buffett Deal to Give It a Second Wind, but More Hurdles Loom


Prime Retail Under Investigation - Possible Bankruptcy?

Another blow for Rich-Con NLRB says bankrupt steel firm engaged in unfair practices

Irvine, Calif., Phone System Firm Files for Chapter 11

Monsour Medical Center Bankruptcy Downplayed

ValuCar sells locations to unknown buyer

Judge OKs amended AHERF plan

Kaiser Ventures Inc. Completes Sale of Mill Site Property

Forcenergy dominates Alaska lease sale

Safety-Kleen Bankruptcy Side Effect: Greyhound Scrambles for Alternative Financing after Parent Laidlaw Cuts Funds




Are you surprised?

Starbucks Sets Writeoff, More Possible

Death of points up e-tail's woes

Failure of Furniture Partner Hits Amazon Is Dead

Austin, Texas-Based Startup Files for Bankruptcy


American MetroComm:

American MetroCom Files For Bankruptcy Listing $112 Million In Debt And $126 Million In Assets

Telecom Provider American MetroComm Files For Bankruptcy Protection


Baseball League Asks Bankruptcy Court To Remove Team Owner

Showscan Entertainment Inc. Announces Voluntary Petition to Reorganize

Stage Store to Dispose of 107 Leases in 30 States

Creditors of Pennsylvania Health Group Could See Some Repayment by Year-End

US bankruptcies fall again in second quarter

45 Million Americans Are "One Illness Away From Bankruptcy"

Seamans, Holders To Settle Suit Over Levitz Pacts

Fruit Of The Loom Reports 2d Quarter Loss Of $55.9 Million

Chips run out for Cape Cod gambling boat

Geneva Steel Profits in 3rd Quarter

Planet Hollywood Is Back With Profit -- On Paper

Irvine Ice Rink Headed for Bankruptcy

Death of DFJ figure won't affect probe


Court dismisses bankruptcy case of former pastor



New Bankruptcy Opinions
(1 new opinion today) 


Nettrends- Dot-Coms Find Second Chances Hard to Come By

Most ASPs Will Fold

Fate Of Half Of Public Dotcoms Is "Questionable?"

Cauley & Geller, LLP Announces Class Action Lawsuit Against's Officers and Directors Seeking Damages On Behalf of Shareholders

Amazon's Hard Time Going High End

Amazon Partnerships in Spotlight After One Fails

Extreme competition clouds outlook for ISPs



Pre-bankruptcy specific assignments are effective



Out of the Red and Into the Ring



Deputy PM to meet Church leader over bankruptcy crisis

Kafus said to have run out of cash

Tending The Flock



Bankruptcy Law To Create Employment


Czech Republic:

Czech Republic- Aircraft Company Faces Bankruptcy


Hong Kong:

The Dangers Of Emulating An American Dotcom



Brazil Varig Denies Aerolinas Argentinas Talks



Bank caves in as MPs condemn secrecy


New Zealand:

Less people going bankrupt



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This page was last edited on 04/08/2002
Copyright 2000  []. All rights reserved.