December 1, 2000 Daily Bankruptcy News

December 1, 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 on the Web (with links to the news stories) at: http://bkinformation.com/DailyNewsFrames.htm

Lernout & Hauspie: L&H says plenty of interest in businesses Something Smells Funny at Lernout & Hauspie Banks Seek Lernout & Hauspie Loans L&H bankruptcy trips up Stonington Partners Banks hurt by failure to read Lernout lips Dictaphone -- a deal too far for L&H Chronology - L&H's swift fall from grace Lernout says US$100m case missing from South Korea unit L&H May End Up in Pieces L&H's Lernout: Should Have Had Professional Mngrs (WSJ: paid subscription required) Lernout & Hauspie Balance Sheet Isn't Whole Story (WSJ: paid subscription required) Creditors were ready to call in L&H loans L&H bankruptcy confuses sector ____________ Professional Transportation Group To Wind Up - No Dividend To Unsecured Creditors Anticipated U.S. Trucking, Inc. divisions petition to reorganize Former U.S. bankruptcy court clerk admits to kickbacks O.J. Simpson House Auction Postponed Vultures Circling NorthPoint (WSJ: Paid subscription required) Denali Will Pursue Restructuring Plan Asbestos hurts Federal-Mogul Vencor seeks disclosure statement approval	Economy: Corporate credit quality in steep slide Bankruptcy Pace for Individuals Is Accelerating as Rates Increase (WSJ: paid subscription required) Personal Income Drops for First Time in Nearly Two Years Research Firm Expects Personal Bankruptcy Filings to Increase 15% Next Year Outlook for Holiday Grows Dimmer, With Report on November Sales Gateway Warns of Weak Holiday Sales, Putting Shudder Into Technology Sector _____________ Judge Rejects A&P Objections to Sale CRIIMI MAE Names Five Individuals To Serve on Expanded Board of the Reorganized Company Supreme Beef Processors, supporters argue for court battle Denver, CO- Bankrupt Uranium Magnate Oren Benton Sues Giant Canadian Uranium Producer Cameco, Claiming Breach Of Contract Led To Bankruptcy Churchill's Fine Dining and Lounge - Antiques up for sale after a restaurant, marriage fail Casinos: Lawmakers- Harrah's tax cut must also be New Orleans cut Park Place, Icahn file competing bids for Claridge Icahn playing the spoiler in Claridge deal _______________ Judge rejects Creditrust settlement - Woodlawn company suffers major blow in Bankruptcy Court; Deal with insurer nullified; Creditors' attorney says it would have shielded top executive	New Bankruptcy Opinions (2 new opinions today) Korea: Korea's Hyundai empire struggles to melt debt, reform Hyundai Transfers Authority of Sale Of Headquarters Building to Main Creditor (WSJ: paid subscription required) When Bankruptcy Is a Good Thing ____________ Japan: Japanese Government Cancels Sale Of Tokyo Sowa Bank to U.S. Group (WSJ: paid subscription required) ________________ Argentina: Lack of confidence puts Argentina in debt trap ____________ Chile: Empresas Colombo's bankruptcy requested by creditors _____________ Dotcoms: MotherNature.com Shareholders Approve Plan of Complete Liquidation and Dissolution Docplanet.com- Bankruptcy may be the prescription CenterSpan explains strategy in Scour bid ______________ Petsec Energy says U.S. unit emerging from bankruptcy Telecoms: Telecom Firm Access Point Files for Bankruptcy Defying All Odds, Iridium Is Saved _____________ Weather Forecast: Enter City, State, or Zipcode: