December 11, 2000 Daily Bankruptcy News

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 ______________ 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 ___________ TSR: TSR Wireless Files for Bankruptcy Firm's Woes Send Police Scrambling for New Pagers Efforts under way to assist TSR subscribers ___________ 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 ____________ 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 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 ____________	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 ____________ 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 _____________ 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 ___________ 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 _____________ Iridium: 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) England: Broke in Britain: it's still just a shame No New Business For Equitable Life ____________ Japan: Japanese exec to pay heavy damages over department store bankruptcy _____________ Mexico: 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 ______________ 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 _____________ 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: