December 11, 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:


Nasdaq halts trading in Athey

Athey files for Chapter 11 bankruptcy protection



Deal in the Works to Sell Tri Valley

Tri Valley Growers Has Buyer / Bankruptcy Court must approve deal

Buyer for Sacramento, Calif.-Area Grower Looms



TSR Wireless Files for Bankruptcy

Firm's Woes Send Police Scrambling for New Pagers

Efforts under way to assist TSR subscribers



Recession rumblings

Reading the Tea Leaves for Signs of a Recession

U.S. Consumer sentiment rattled in December

Slow Economy Fits These Funds Just Fine

Jobless rate up to 4 percent


Movie Theater Industry:

Regal Cinemas, No. 1 theater operator, cut to "D"

Loews Cineplex Entertainment Announces Extension of Waiver Under Its Credit Facility to January 26, 2001

Loews In A State Of Grace

Sales surge at the box office this holiday season

Filmgoers Take in Theater's Splendor


Bankrupt Integrated Health, U.S. spar on $50 Million CEO Termination Package


Startup airlines face bumpy skies as economy slows

Mandalay, MGM Mirage downgraded

Airline labor problems worsen

Bankruptcy court sustains National Airlines' inter-line contracts with vendors

Controversy raging over casino support of National Airlines

National Airlines: Increase in passengers would cover fuel price hikes

Legend wins time in bankruptcy deal to gather funding

Judge Lets Legend Airlines Pay Staff, Run Charter

Legend: Airline Paved Way For Other Carriers At Dallas' Love Field


  Lernout & Hauspie:

The Grinch is Back

Belgium nixes bankruptcy protection for L&H

L&H weighs options after court rejects bankruptcy


USA Biomass:

USA Biomass files for bankruptcy

Nasdaq requests additional information from USA Biomass



Bank hits alarm on telecom firms' debt

DSL Providers Falling by the Wayside

Bank stock falls on fear telecom tech firms will default

Customers of Bankrupt Picus Communications Face Losing Phone Service


Bankruptcy Reform:

Senate OKs Bankruptcy Bill Despite Veto Threat

Congress Finally Approves Bankruptcy Bill; NACM Urges President to Sign

Feingold, Kohl Oppose Bankruptcy Reform Bill

Senate Approves Measure to Toughen Bankruptcy Laws

Bankruptcy bill headed for Clinton veto

Highlights Of Bankruptcy Legislation



'We don't have to panic' Armstrong CEO sees bankruptcy as key to financial comeback

Armstrong files for bankruptcy - Employees back firm's decision

Armstrong must work hard to overcome its bankruptcy



Satellite Odds of Hitting Someone 250-1


FCC begins valuable airwaves sale Dec. 12

Defunct HMO to Pay Creditors $3M in Suit Alleging Mismanagement

Bankruptcy judge's illness delays some RBX paychecks

Grand Union Receives Final Approval of Sale to C&S Wholesale Grocers

Bankrupt Convenience Store Chain Duke & Long Closes 62 Stores

SunTrust among several banks reporting 'credit quality' problems

Western Farmers Say They Are In An Economic Crisis

Trucking Industry Plagued by Bankruptcies, Uncertainty




New Bankruptcy Opinions
(1 new opinion today)


Broke in Britain: it's still just a shame

No New Business For Equitable Life



Japanese exec to pay heavy damages over department store bankruptcy



Mexico's Fox pledges effort to strengthen banks


Big Boy:

Robert G. Liggett Jr. Officially Becomes the New Owner Of Elias Brothers Corporation

Sale of Big Boy Rights OK'd



N.J. looking into privacy questions at Toys 'R' Us

Liquid Audio to Make a Play for Scour

Some dot-coms find way to make graceful exit

Riffage music site pulls its own plug

Liquid audio bidding for Scour Inc's tech assets

Priceline shares soar 32 pct after restructuring

Julie Meyer's Dot-Com Support System


Regent Casino:

Construction companies may try to seize Regent

Resort alleges builders in scheme for kickbacks


Dynacore Holdings Corporation -- Formerly Datapoint Corporation -- Amended Plan of Reorganization Approved by Delaware Bankruptcy Court

Avatex Corporation Announces Settlement With FoxMeyer Corporation Trustee

Ex-KPC Medical patients deal with turmoil

Iroquois Energy:

Schimminger Wants State AG Spitzer To Look Into Bankruptcy Of Iroquois Energy

Iroquois Energy Customers May Not Get Refunds


Three Banks Settle Preference Suit for $52M

American Banknote Corporation Receives Confirmation of Its Chapter 11 Plan

Easy credit blamed for leap in bankruptcies


Weather Forecast:
Enter City, State, or Zipcode:

If you received the Daily Bankruptcy News via email, to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here, or by going to BKINFORMATION.COM and clicking on the Bankruptcy News button.  Note that the Daily Bankruptcy News is distributed via "HTML email" in which the links to the news stories are embedded in the headlines.  The email you receive should look like a 3-column newspaper, with headlines for each story. If you receive the Daily Bankruptcy News by email and the copy you receive is not formatted like a 3-column newspaper, or does not seem to contain links to the news stories, you may have an email client that is not capable of receiving HTML email, or is not configured to display such email.  You can however, receive a daily email notifying you when the Daily Bankruptcy News is updated on the web site. If you would like to receive such an email, please let us know at  

Advertising is available in the Daily Bankruptcy News in a variety of places, formats and prices. Go to  for a list of choices.  Feel free to contact us with any questions.

If you would like to start receiving the Daily Bankruptcy News by email each day, go to  and fill in the information requested.  If you do not receive an email confirming your subscription to the publication, please contact us at for help.  

If you already receive Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear.  Note that the email must be sent from the same email address at which you are receiving the Daily Bankruptcy News. You do not need to type anything in the body of the email message.   If you do not receive an email confirming deletion of your email address from the distribution list  for the publication, contact us at for help.

Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C.  You can reach us at 281-242-6208 or at 

Copyright 2000  [BKINFORMATION.COM]. All rights reserved.