December 20, 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:

Clinton Vetoes Bankruptcy Bill

White House Statement: Memorandum Of Disapproval - The Bankruptcy Reform Act of 2000

Time runs out for U.S. bankruptcy overhaul

Banks' bankruptcy bill stuck in a pocket

_____________

DIMAC Receives Court Approval of Reorganization Plan, Sets Stage for January Exit From Chapter 11

Court Confirms Levitz Reorganization Plan

Lernout & Hauspie:

Lernout & Hauspie Audit Shows Errors

L&H internal probe shows fraud extent

L&H CEO vows to correct problems uncovered in audit

___________

Auto Industry:

Chrysler Chief Has Hope For Company

Chrysler to restructure in six areas, take charge

____________

Asbestos:

Management Says That For Armstrong, Bankruptcy Is Lesser of Two Evils
(NYT: free registration required)

Bank seeks $550M to prevent Federal-Mogul from filing for bankruptcy

_____________

Lehman Bros. resumes gaming industry coverage, urges caution in investing

High River Limited Partnership Announces Tender for Reliance Bonds

  Jitney Jungle:

Winn-Dixie Gets Bankruptcy Court Approval To Buy 68 Grocery Stores And 32 Fuel Centers From Jitney Jungle

Court Approves Jitney Jungle's Plan and Sale of Stores

_____________

Now That's A Bonus! Susman Godfrey Gives Associates Huge Bonuses

Sun Healthcare Sells Subsidiary

Sportswear Makers Chorus Line Files for Bankruptcy Protection

Telecoms:

Telecoms call for help

Lightyear, VarTec offer $21.4M for bankrupt NETtel

__________

Gretzky is secret ingredient in celebrities' Planet Hollywood lawsuit

Laclede Steel's Chapter 11 Plan Confirmed, Deals Pending

Economy:

Souring Loan Portfolios Bode Ill for Economy

____________

Dotcoms:

APBNews.com Staff Returns After Paychecks Arrive

Dot-coms paid to pack - Landlords dangle cash to make room for longer-lasting tenants

Maingate turns up AWOL - Closure of military Web site leaves customers, employees wondering

New owner pulls golf e-tailer Chip Shot out of the rough

____________

Boston, MA- Brew Moon hits 'Rock Bottom'

 

 

New Bankruptcy Opinions
(1 new opinion today)

Japan:

Bad loans continue to beset banks in Japan

___________

China:

Dotcom lay offs continue

______________

Russia:

Mil Avoids Bankruptcy, Creditors Irked

Mosenergo Gets Tough With Debtors

_____________

Restructuring:

Cummins Plans More Layoffs

Analysts International begins restructuring

______________

California Utilities:

California Governor Says Utility Customers Will Have To Bear Part Of The Burden To Avoid Having Utilities Tumble Into Bankruptcy

Facing Bankruptcy, Utilities Seek 30% Hike

____________

Imperial Home Decor Group Inc. Files Plan of Reorganization and Accompanying Disclosure Statement

Dynacore Holdings Corporation -- Formerly Datapoint Corporation -- Amended Plan of Reorganization Becomes Effective

Memphis, TN: Wang's International hits tech snag, files bankruptcy protection

 

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.