August 21, 2000 Daily Bankruptcy News

August 21, 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)

Dotcoms: Shareholder Suit Filed Versus AppOnline.com Low-Margin Dotcoms Hit Rough Patch Dot-coms Cut Staff to Survive CollegeClub makes layoffs Dot-Com Fallout Has Been Healthy, Executive Says Dot-Coms Falling From Nasdaq's Grace Net car seller's e-commerce skids to a halt WebMD Starts Layoffs Report reveals true scale of boo.com debts Toysmart customer data still in limbo Are the little guys dragging Amazon down Creditors of Failed Austin, Texas-Based Furniture E-Tailer Wait for Payback Value America Searches For Self-Worth Toysmart Customers Still in Limbo Defunct Furniture Retailer Living.com Will Try to Fill Customers’ Orders Mynetsales.com Adds Experienced Bankruptcy Director To Board ___________ Laidlaw would consider selling Greyhound Lines; Canadian parent company struggling with debt woes Metrocall Supplements its Competing Plan Motion and Objects To PageNet's Break-Up Fee/Window-Shop Provision Delaware Court OKs Sun Healthcare Reorganization Delay Retailer To Sell J.Peterman AmeriServe: Wal-Mart Buys Food Distributor AmeriServe Tricon to extend pact with AmeriServe Tricon to extend pact with AmeriServe as part of sale to McLane AmeriServe to sell some assets to McLane Tricon Pleased With Proposed AmeriServe Sale to McLane AmeriServe Signs Definitive Agreement for Acquisition by McLane ___________ United Companies Receives Approval for Modified Disclosure Statement and Conducts Auction of Assets Loewen Group Begins Reorganization Plan Talks Prison Firm Won't File Bankruptcy To Bail Out Merger Seen As Better Option Former American General Finance employee denies document shredding allegations Fewer Southern Californians Opt for Bankruptcy	Heilig-Meyers: National Retail Chain Falls into Bankruptcy Due to Overextension Heilig-Meyers stock snapped up Heilig-Meyers closing Mississippi area stores Uncertain Fate Awaits Randleman, N.C., Furniture Retailer as Parent Closes Shareholder Has Own Plans for Furniture Retailer Richmond, Va.-Based Furniture Retailer to Close Stores in Oregon, Washington Heilig-Meyers Furniture Retailer Closes California Stores NYSE Might Drop Richmond, Va.-Based Furniture Retailer Heilig-Meyers Fitch Downgrades Debt of Heilig-Meyers Company To `D' Troubled Retailer to Close Two Stores in Spokane, Wash., Area Bankruptcies Defy Growth In Furniture Heilig-Meyers says bankruptcy court oks interim financing Heilig-Meyers Receives Approval of First-Day Orders in Connection With Voluntary Chapter 11 Restructuring Heilig-Meyers bankruptcy affects six W.Va. stores Home furnishings retailer Heilig-Meyers Co. First Day News Bankruptcy will close four Oklahoma stores Home-Furnishings Firm Closes Outlets, Including 3 in Stockton, Calif., Area ____________ Showscan Files for Chapter 11 Reorganization South Alabama bankruptcies on the rise Figures show a decline nationwide Florida Broker Companies Ordered to Turn Over Assets to Bilked Investors "Corporate America blindly [pursuing] profitability over its obligation to treat the consuming public with fairness and honesty." Charter Behavioral: Psychiatric Chain Charter Settles Allegation Charter Behavioral Settles Government Overcharge Suit For $7 Million _____________ Fruit Of The Loom: Fruit of the Loom Q2 loss from ongoing operations Fruit of the Loom ____________ Faltering Wayne, N.J.-Based Supermarket Chain Runs Short of Time Columbus Community Hospital files for bankruptcy protection	New Bankruptcy Opinions (3 new opinions today) Canada: Churches could face ruin Agnew confirms it's shutting doors _____________ Grenada: Grenada Gov't Takes Over Bank ____________ Korea: Problems arise from incomplete restructuring Corporate bill defaults jump to 6-month high ____________ England: Tony Martin may lose farm in legal fees row Festival shrugs off bankruptcy rumour as fans shun 'rotten' epic Festival chiefs deny cash crisis _____________ Australia: Dot.went.wrong _____________ New Zealand: Court hears of perjury and high living ______________ Japan: Puzzlement in a Land Where Rates Seldom Rise NYT: free registration required) _____________ India: Going bust.com! _____________ Crown Vantage Announces Amended Letter of Intent; Open Bidding Begins LaRoche Industries Enters into Stalking Horse Agreement with U.S. Nitrogen, LLC for Ammonium Nitrate Business Safety-Kleen: Safety-Kleen Announces New Chief Financial Officer Safety-Kleen Names Former Advisor To Czech Republic New CFO ____________ Carmike: 3 Carmike Theaters To Close Doors Mall Cinemas Shut Down After Bankruptcy Declaration Tampa, Fla., Discount Movie Theaters to Shut Down _____________ High-Seas Gambling Recipe For Bankruptcy Metrocall Supplements its Competing Plan Motion and Objects To PageNet's Break-Up Fee/Window-Shop Provision Weather Forecast: Enter City, State, or Zipcode: