December 18, 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

         
Bankruptcy Reform:

An Unfair Bankruptcy Bill
(NYT: free registration required)

Punitive measure

New President, New Economic Priorities, But 50/50 Split In Senate May Make Bankruptcy Reform Questionable

Congress Adjourns, Bankruptcy Reform Legislation Likely Doomed Through Veto

___________

Natural Wonders files for bankruptcy protection

Congress clears sweeping U.S. derivatives overhaul

3DFX Announces Three Major Initiatives to Protect Creditors and Maximize Shareholder Value

Asbestos:

Hope the $1 Million Isn't Already Spent

_____________

Benz Energy to survive

Tri-Valley:

Tri Valley Growers sale may hit roadblock

Tri Valley - the end ... and a beginning

____________

California Power Crisis:

Calif. Power Cos. Reaping Profits

Bankruptcy isn't near for PG&E

Mixed Message From Edison Is Making Critics Skeptical

California Utilities Face Financial Crisis

SCE Says FERC Order Fails to Protect Californians From Unjust and Unreasonable Electricity Prices

Poll Says San Francisco-Area Residents Knew about Impending Energy Crisis

PG&E shareholders doing fine despite bankruptcy scare

___________

Bankruptcy Court Approves Adequacy of Vencor's Disclosure Materials

Brooklyn, NY: Bankruptcy Judge Orders Recalcitrant Boat Dealer To Appear in Court

Iridium:

Details emerge as Iridium's transfer of power wraps up

_____________

 

  Bradlees in talks with lenders, may liquidate

Celebrity Athletes Sue Planet Hollywood For Rejection of Memorabilia/Personal Appearance Contracts

Bank seeks loans to save auto supplier - Federal-Mogul bankruptcy would hurt Chase, so it pursues investors

Economy:

U.S. Debt: Payback Time?

Consumer Prices Edge Up; Industrial Output Falls

_____________

Lernout & Hauspie:

We Told You So

A Failure to Translate a Promise

Voice-Recognition Firms Failure Holds Painful Lesson for Europeans

Lernout to detail restructuring

_____________

Airlines:

The groundlings

Fresno, Calif.-Based Airline Blames Bankruptcy On Fuel Costs

Sun Country hoping to put end to losses

_____________

Restructuring:

Aetna seen cutting jobs, issuing forecast

Beyond.com Restructures eStores Offering to Improve Path to Profitability Company To Discontinue eStore Agreement With Symantec

_____________

Telecoms:

Anxiety Over European Telecoms' Debt

Denver, CO: ISP Jato lays off 50 as talks founder

Flashcom quake shakes up ISPs

Concerns about telecom sector grow beyond U.S.

____________

Movie Theater Industry:

Regal Cinemas Blocked from Making December 15, 2000 Interest Payment on 8-7/8% Debentures

Exhib Silver's Salve

___________

 

 

 

New Bankruptcy Opinions
(No new opinions today)

Japan:

Bad loan total hits 33 tril. yen on rise in small banks' debt

Japan's finance minister says economy is faltering

Japan authorities begin bankruptcy steps for Kansai Kogin

_____________

Russia:

Russian media baron faces bankruptcy

Russia Wants Liquidation of Media Most

_____________

Australia:

Insolvency Practitioners Prepare For A Busy Year As Banks Tighten Lending

Banks run up highest foreign debt in the West

_____________

England:

Lawyer drove woman into bankruptcy - MP

______________

Imperial Sugar:

S&P cuts Imperial Sugar subordinated debt

Imperial Sugar considers bankruptcy

____________

Dotcoms:

The Demise of a Dot-com And Its Dream

Hunting in the Internet Graveyard

5-Finger Severance

Can't sell toys at Christmas

Fraud cases on the rise among high-techs

Dot-Coms Following the Path of Model T's

Long-Suffering APBNews Finally Gets Snuffed Out

EToys- Sales Well Below Estimates

Cyberscam Turns Kid's Hope To Tears

_____________

Wheeling-Pitt blames bankruptcy on foreign imports

BioShield execs head for the exits

 

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 admin@bkinformation.com  

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

Subscribing
If you would like to start receiving the Daily Bankruptcy News by email each day, go to http://bkinformation.com/DBNSubscribe.htm  and fill in the information requested.  If you do not receive an email confirming your subscription to the publication, please contact us at admin@bkinformation.com for help.  

Unsubscribing
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 admin@bkinformation.com 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 admin@bkinformation.com 

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