August 22, 2000

Daily Bankruptcy News

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Advocates for Bankruptcy Law Change Spending Millions

Lots of new companies. Lots of bad ideas. Looks like a new growth industry could be bankruptcy lawyers

Possible LTC Properties Bankruptcy?
(NYT: free registration required)

PageNet:

Metrocall seeks court ok to submit PageNet merger plan

Metrocall raises its bid to acquire PageNet

Metrocall Granted Limited Due Diligence on PageNet

Metrocall wins partial access to PageNet data

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Aircraft Financing Amendments Signed Into Law (Sec. 744)

Court OKs Sun, Turner Deal

Ameriserve agrees to sell assets to McLane

Dotcoms:

Bottom-fishing on the Net with Juno's CEO

Bringing OTB to the Internet Economy

Internet Company Living.com Brings Family Business To Ruin

An American Dream Gone Bad

Privacy becoming increasingly important on Net

Cash-strapped dot-coms of all types resort to pink slips

Student Advantage, Inc. Agrees to Purchase Substantially All of CollegeClub.com's Assets

Protection urged for firms' customer data

Analysts Say Demise of Internet Home Furnishings Firm Served as Portent

WHEN THE AX IS ABOUT TO FALL, THE CHANNELWEB BOARDS HEAT UP

Shutdowns dot landscape

When Toysmart Broke

BusinessMall.com continues to bleed out

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White House Studies Bankruptcy Privacy

Tricon To Extend Pact With Ameriserve As Part Of Sale To Mclane

News same on DFJ Italia- bad

Southern Mineral Engages Financial Advisors in Connection With Desire To Maximize Shareholder Value and Reports Reserve Update

  Jitney Jungle:

Jitney bankruptcy- seeking an exit Still bleeding money as it nears one-year anniversary

Professional Fees In Jitney Jungle Bankruptcy

Professionals make a bundle in fees

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APBNews.com:

Buyer Found For Struggling Crime Web Site APBNews.com

APBNews Gets a New Life

Buyer Found for Crime Web Site

APBnews.com gets low-ball bid from fledgling Mass. company

Buyer To Pay Just $950,000 For Alley Web Site

APBnews.com finds hero, SafetyTips.com bids

Safetytips.com Bids $950,000 for APB.com

Acclaimed (But Defunct) News Site Shows Signs of Life

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KC municipal judge files for bankruptcy

Receding but also reseeding- Garden Botanika, in Chapter 11, seeks growth in new directions

Heilig-Meyers:

NYSE suspends trading of Heilig-Meyers, to seek delisting

New York Stock Exchange Suspends Trading in Heilig-Meyers Stock

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American HealthChoice Announces Confirmation of Plan

Online Liquidators Going For Broke

Complaint Asks Court To Foreclose On EHotel

Harvard and Breed Agree to Extend Acquisition Date

Owners Of Upper Deerfield Estates File Bankruptcy

Baseball Team Bankruptcy:

Bankrupt Baseball Team Owner Admits No Money For Player Salaries

Black Diamonds might have to skip a season

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Carmike Closes Movie Houses Throughout Carolinas

Specialists sue ProMed for pay

Bankruptcy I.Q. Test Helps Companies Prevent Bankruptcy

 

New Bankruptcy Opinions
(1 new opinion today) 

England:

Troubled British Bank Offers Local Residents a Chance to Buy Historic Building

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Canada:

Funeral firm Arbor will fight to stay intact

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Mexico:

Banks take 40 pct of Mexico's AHMSA for $500 mln

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Korea:

Firms with strong records likely to leave workout early

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Indonesia:

IPTN technically bankrupt

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Russia:

ZAO Bankruptcy Could Open Doors for the State-Owned Carrier

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Hong Kong:

Will retrenchments hit S'pore's dotcom "virgins"-

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Japan:

Nikkei posts biggest gain since May 1, techs lead

Failed Japan Companies Using New Rehabilitation Law Total 300

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Nigeria:

We Are Not Corporate Undertakers

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Potential Acquirers of Iridium Assets

Cygnion Runs Out of Cash, Fires Most Workers

Complete Wellness Files Appeal Of Nasdaq Delisting

Manor Care Inc Debt Cut To Ba1 By Moody's

Influence of Total Consumer Debt on Bankruptcy Filing Trends by Year 1980-1999

Noah Seeks to Delay Boston Chicken Claim

North Carolina Bankruptcy Filings Hurt Other Area Businesses

Churchill's Pub has buyer; auction off

 

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