August 17, 2000 Daily Bankruptcy News

August 17, 2000 Daily Bankruptcy News Brought to you by BKINFORMATION.COM - The Source for Business Bankruptcy Information on the Internet AND BKCLAIMS Marketplace - The Online Market For Bankruptcy Claims Also available at: http://bkinformation.com/DailyNewsFrames.htm (Click on this link to view the Daily Bankruptcy News on the web, with links to the news stories)

Heilig-Meyers: (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: 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	Living.Com: Are you surprised? Starbucks Sets Living.com Writeoff, More Possible Death of living.com points up e-tail's woes Failure of Furniture Partner Living.com Hits Amazon Living.com Is Dead Austin, Texas-Based Startup Living.com 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 WORTH CASTLE GAINS REPRIEVE --FOR LAST TIME, VILLAGE HOPES Court dismisses bankruptcy case of former pastor	New Bankruptcy Opinions (1 new opinion today) Dotcoms: 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 AppOnline.com'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 _____________ England: Pre-bankruptcy specific assignments are effective ____________ Scotland: Out of the Red and Into the Ring _____________ Canada: Deputy PM to meet Church leader over bankruptcy crisis Kafus said to have run out of cash Tending The Flock ___________ Bratislava: Bankruptcy Law To Create Employment ___________ Czech Republic: Czech Republic- Aircraft Company Faces Bankruptcy _____________ Hong Kong: The Dangers Of Emulating An American Dotcom ____________ Brazil: Brazil Varig Denies Aerolinas Argentinas Talks ____________ Australia: Bank caves in as MPs condemn secrecy ____________ New Zealand: Less people going bankrupt ___________ Weather Forecast: Enter City, State, or Zipcode: