August 29, 2000

Daily Bankruptcy News

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Consumer Spending Cools, Impact Could Be Felt In Coming Months

Debtor and Investment Banker Clash Over $11,000/Hour Professional Fee
(WSJ: paid subscription required)

Video City:

FleetBoston Sued by Philadelphia Video Rental Chain Over High-Risk Loan

FleetBoston unit accused in suit of pushing firm into bankruptcy

____________

Iridium:

Drop an Iridium on someone?

Iridium Draws Last-Minute Bid as Motorola's De-Orbiting Plan Looms

____________

Baptist Foundation of Arizona Files Accounting Malpractice Lawsuit Against Arthur Andersen LLP

Lingerie Legend Battles Failing Biz And Trashy Image

Geneva Steel Company Files Plan of Reorganization

Cash Crunch Forces JD Services Into Ch. 11

Cude Drilling files Chap. 11

Former tannery workers ask Firstar to move to back of line in bankruptcy case

Edwards Theaters:

Bankruptcy Judge Lets Edwards Keep Running in Reorganization

Proud Edwards Theater family lets history speak for itself

Potential Buyer for Newhall Mall Pulls Out After Tenant Edwards Theaters Files for Bankruptcy

Outsider to Oversee Edwards Reorganization

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Box office fizzles in summer heat

Megaplexes write new theater script

Warning Of Bank Default Clips Loews

Harnischfeger elects CEO Hanson chairman

 

 

  Tokheim:
(Delaware)

Tokheim and six affiliates file chapter 11 bankruptcy - Assets $691 Million, Debts $700 Million

Tokheim Corp Files For Chapter 11 Bankruptcy In Delaware

Tokheim Corp. To Seek Court OK for $48 Million DIP Financing

Tokheim Commences Prepackaged Financial Restructuring Proceeding Under Chapter 11 With Strong Bank and Bondholder Support

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FirstCity Completes Sale of 49% of Its Auto-Lending Unit; Completes Corporate Debt Restructure

Silicon Valley Bankruptcy Crime Crackdown: Grand jury indicts Fremont and Newark  businessmen in probe of alleged bankruptcy abuse

Bankrupt retail chain sets Stage to auction off leases in 30 states

Retired Law Firm Partners Lose Appeal

Kitty Hawk Panel Seeks To Avoid Bond Guarantee

Heilig-Meyers gives up on its three Sacramento area stores

Dotcoms:

Ripple Effect: Analyst Questions Valuation, 2nd-Half Outlook for Yahoo

SafetyTips Sends APBnews to the Tribal Council

Privacy Precepts Learned the Hard Way

Dot-coms' latest worry- Delistings

Online retailers take steps to avoid doom: Dreams of dot-com riches have quickly evaporated into something decidedly Darwinian

Hanover, Pa., Internet Hat Retailer Falls Victim to Drought of Venture Capital

___________

Board Alleges Ameriserve Violated Severance

 

New Bankruptcy Opinions
(1 new opinion today)

New Articles Posted In Links Section
(2 new articles)

Whose bankruptcy is next?

Japan:

Japan's Taisho Life shut after officials arrested

Insurer on verge of collapse

Taisho Life shut after fraud probe

Bankrupt Taisho Life closed after fraud probe Life Assurance Board Members' Arrest Reawakens Concerns About Unorthodox Practices

____________

Korea:

Woobang Declares Insolvency

Sagging Kosdaq market badly hurts Hyundai, LG

Chung M.H. to strip Hyundai Engineering of holding status

____________

Hospitals' financial outlook is gloomy

Loan lets KPC pay its workers

Kemper Military School to open despite bankruptcy

A Matter of Taste Gourmet Market waves white flag- Bankruptcy- Owners said business wasn't good enough

Two Eastside clinics perform triage after EMA closure

Bankrupt California Agribusiness Gets More Help from Government

Ignorant and discredited IAAF ignore experts at their peril as bankruptcy looms

Investors to buy Crown Vantage

US appliance sector set for rough ride

KPC Medical Still Awaiting $31-Million Bailout Loan

Vancouver, Wash., Telecommunications Company Auctions Assets

 

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