December 12, 2000 Daily Bankruptcy News

December 12, 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

UniCapital: UniCapital Announces Bankruptcy Filing Bad loans vex Bank of America ____________ Bankrupt Matthews Studio Equip. Group to Sell Assets Englewood, CO- Bankruptcy dismissal dooms Recycling Industries Bank of America Forms Debt Business DIMAC Reaches Agreement With All Major Creditors On Plan of Reorganization Regent Casino responds to foreclosure threat Mountain Energy Corp., a Natural Gas Marketer, Is Being Liquidated to Pay Creditors Airlines: Mercury Air Business With National Airlines Continues On a Fully Secured Basis End of a Legend? Dallas Carriers Ceases Flying Amid Cash Crunch Bankruptcy Hits 3 US Airlines Anchorage, Alaska-Based Airline Bargains for Time Analysts unfazed by National Airlines bankruptcy ______________ Economy: UCLA Forecasters See Recession on the Horizon for Nation _____________ Las Vegas, NV: Builder Saxton, Inc., mired in lawsuits, tries to avoid bankruptcy Gateway: Old Whine, New Bottles Mercury Finance rises after hitting bottom Nashville, TN: Minorico Supply fights court-ordered Chapter 7	Law firms see surge in US bankruptcies IRS Cracking Down on Fraudulent Trusts "The rocket is on the pad, and the fuse is about to be lit-" Personal bankruptcies expected to increase Research foresees a rise in personal bankruptcies Telecoms: Vendor Financing: The trouble with doing anything for a sale NextWave: Spectrum Trial Could Alter Results Of FCC Auction Lukewarm reception seen for wireless auction The Wild Frontier of Wireless Another Cloud Hangs Over Auction of Spectrum Licenses for Wireless Services ___________ Proof of Claim Notice to Creditors and Shareholders of Nevada Bob's Golf Inc. and its Canadian Subsidiaries Bankrupt U.S. Trucking Subs Plan To Sell Equipment, Collect A/Rs, To Pay Off Debt Drypers: Cleaning up the mess at Drypers Drypers Corporation to File Motion Regarding Proposed Transaction With DSG International Limited ____________ Dotcoms: Internet media site Scour on auction block Tuesday Education site survivor looking for angels Web Privacy Programs Are Scrutinized Shopper site chooses Chapter 11 A Silver Lining Among The Dot-Com Storm Clouds? ____________	New Bankruptcy Opinions (1 new opinion today) England: UK's Equitable faces more legal actions after closure ____________ Argentina: Debt forces Argentina's Quickfood to rush IPO ______________ Canada: Scaffold Connection Corporation Reports its Plan of Arrangement and Compromise Canadian lawyer Sheryl Siegel named Chair of international insolvency organization _____________ Bankruptcy Reform: Good Bankruptcy Bill Should Not Die _____________ Auto Industry: GM To Phase-Out Oldsmobile DaimlerChrysler Group Planning Restructure ___________ Armstrong: "A whole new company" Paracelsus Healthcare Corporation Reports On Preliminary Tally Of Plan Votes Revived Distributor Boosts Tricon Global's Diet Worcester, MA: The Plaza Club files for bankruptcy Fort Washington, PA: Psych hospitals file for Chap. 11 Albany, NY: Lawrence assets in jeopardy Weather Forecast: Enter City, State, or Zipcode: