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

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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

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Economy:

UCLA Forecasters See Recession on the Horizon for Nation

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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

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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

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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?

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New Bankruptcy Opinions
(1 new opinion today)

England:

UK's Equitable faces more legal actions after closure

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Argentina:

Debt forces Argentina's Quickfood to rush IPO

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Canada:

Scaffold Connection Corporation Reports its Plan of Arrangement and Compromise

Canadian lawyer Sheryl Siegel named Chair of international insolvency organization

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Bankruptcy Reform:

Good Bankruptcy Bill Should Not Die

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Auto Industry:

GM To Phase-Out Oldsmobile

DaimlerChrysler Group Planning Restructure

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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

 

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