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:  http://bkinformation.com/DailyNewsFrames.htm

         
Athey:

Nasdaq halts trading in Athey

Athey files for Chapter 11 bankruptcy protection

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Tri-Valley:

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

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TSR:

TSR Wireless Files for Bankruptcy

Firm's Woes Send Police Scrambling for New Pagers

Efforts under way to assist TSR subscribers

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Economy:

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

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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

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

Airlines:

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

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  Lernout & Hauspie:

The Grinch is Back

Belgium nixes bankruptcy protection for L&H

L&H weighs options after court rejects bankruptcy

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USA Biomass:

USA Biomass files for bankruptcy

Nasdaq requests additional information from USA Biomass

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Telecoms:

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

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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

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Armstrong:

'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

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Iridium:

Satellite Odds of Hitting Someone 250-1

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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)

England:

Broke in Britain: it's still just a shame

No New Business For Equitable Life

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Japan:

Japanese exec to pay heavy damages over department store bankruptcy

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Mexico:

Mexico's Fox pledges effort to strengthen banks

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Big Boy:

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

Sale of Big Boy Rights OK'd

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Dotcoms:

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

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Regent Casino:

Construction companies may try to seize Regent

Resort alleges builders in scheme for kickbacks

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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

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Three Banks Settle Preference Suit for $52M

American Banknote Corporation Receives Confirmation of Its Chapter 11 Plan

Easy credit blamed for leap in bankruptcies

 

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