August 24, 2000 Daily Bankruptcy News

August 24, 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)

Edwards Theaters: Edwards Latest In Run Of Theater Chain Bankruptcies: Can A Whole Industry Declare Bankruptcy? Edwards Theatres Circuit Files to Restructure Debt and Operations Under Chapter 11 Edwards Theatres Circuit Files For Chapter 11 Bankruptcy Edwards Theatres files Chapter 11, closes 4 theatres Orange County, Calif., Family-Owner Movie Theater Sees Disappointment Now playing- bankruptcy Newport Beach, Calif.-Based Movie Theater Chain Files for Bankruptcy Family-Run Theater Chain Files Bankruptcy after Plans for Los Angeles Complex Backfires Edwards Theatres Circuit Files to Restructure Debt And Operations under Chapter 11 _____________ Blackstone loses Prime Succession Fields Aircraft Files Reorganization Plan Carmike: Carmike 8-K -10-Q To Be Filed Late Carmike lowers curtain on Valley View 6 ___________ Metrocall wins battle in PageNet war Receiver delves into Heartland, JMS records Reliance Group: Berkshire deal is expected to be offered to Reliance Reliance cedes control to Pa. Troubled Reliance gains time Reliance Group Holdings Yields Control to State Regulators Reliance gets loan extension, but bankruptcy still looms Banks Give Reliance 2 Months To Make Deals ____________ Leading Edge Packaging Bankruptcy - 8-K Meditrust Completes Additional Asset Sales of $138 Million League May Bar Play By Bankrupt Diamonds	Sunshine Mining: Sunshine Commences Reorganization Under Chapter 11 Sunshine Mining Declares Chapter 11 Bankruptcy Sunshine Mining seeks Chapter 11 protection - Assets $33 Million, Debts $55 Million Sunshine Mining Files for Chapter 11 Bankruptcy Protection ___________ Heilig-Meyer: New financing for Heilig-Meyer Bankruptcy Filing Impacts Culp Earnings Heilig-Meyers granted post-Ch.11 financing Heilig Bankruptcy Hurts Furniture Brands International's Already Poor Earnings Richmond, Va.-Based Furniture Store’s Stock Knocked Off NYSE ______________ Iridium: Look, Offers To Keep Iridium Aloft Motorola scheduling destruction of Iridium network Motorola Ready to Destroy Iridium Satellites Iridium satellites' Waterloo nigh Destruction of Iridium satellites imminent Motorola destroys Iridium Motorola scheduling destruction of Iridium network Motorola May Begin to Destroy Iridium's Satellites ___________ Crown Vantage can sell assets Dotcoms: CollegeClub.com- A lesson in setbacks Drkoop.com Resuscitated Against Analysts' Wishes CollegeClub to Cash Out CollegeClub.com flunks out Nettrends- Troubled Dot-Coms Face Delisting From Nasdaq Privacy precepts learned the hard way US online car dealers crash out - Europeans stand firm Living.com dead as a doornail ____________	New Bankruptcy Opinions (3 new opinions today) New Features: Search Prior Editions of the Daily Bankruptcy News and Prior Case Summaries Canada: Lawsuits May Force Canada's Anglican Church Into Bankruptcy Hillsborough: Out of the frying pan Lawsuits threaten Canadian church Canadian Church faces ruin over sex cases ___________ Japan: Sogo Managers Investigated For Fncl Illegalities 30% of NCB Loans Cleared For Sale By FRC Were Not Qualified Because Borrowers Had Negative Net Worth ____________ Pakistan: 50% Of Insurance Companies Will Be Forced Out Of Business ____________ Claridge: Park Place, Black Hawk Bid for Claridge Significant Developments in Claridge Bankruptcy Case Claridge Receives Expressions of Interest Bids for Claridge Hotel _____________ Excelsior-Henderson: Excelsior-Henderson Announces Emergence From Bankruptcy Excelsior-Henderson to restart production in 2001 Excelsior-Henderson will restart line under bankruptcy plan _____________ HoltraChem closing, looking for buyer Great Bay Hotel and Casino Plan Confirmed APBnews.com: Safetytips.com Yanks Bid For APBnews.com APBnews Savior- Who Was That Masked Woman APBnews.com fighting creditors, clock to survive _____________ Tri-Valley: Farmers- Managers face class-action suit Weather Forecast: Enter City, State, or Zipcode: