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:

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


Hope the $1 Million Isn't Already Spent


Benz Energy to survive


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


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


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



The groundlings

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

Sun Country hoping to put end to losses



Aetna seen cutting jobs, issuing forecast Restructures eStores Offering to Improve Path to Profitability Company To Discontinue eStore Agreement With Symantec



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)


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



Russian media baron faces bankruptcy

Russia Wants Liquidation of Media Most



Insolvency Practitioners Prepare For A Busy Year As Banks Tighten Lending

Banks run up highest foreign debt in the West



Lawyer drove woman into bankruptcy - MP


Imperial Sugar:

S&P cuts Imperial Sugar subordinated debt

Imperial Sugar considers bankruptcy



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


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