December 28, 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/News/DailyNews.htm

         
Digital Broadband Communications Files for Chapter 11 Protection

DSG International Won't Be Stalking Horse bid For Drypers

Trans Energy:

Creditor Files Bankruptcy Proceeding Versus Trans Energy

Trans Energy, Inc.  Comments Regarding Reported Bankruptcy Proceeding

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Colorado-Based Telecom Firm ICG Hires Reorganization Veteran

Dotcoms:

Dot-com job cuts hit new record in December

And a Happy New Economy To You!

Quepasa.com Board Approves Liquidation Plan

Capital crisis- Ben Franklin plays hard-to-get

High-tech shakeout blues

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Economy:

Leading Indicators Fall 0.2 Percent, Suggesting Growth Will Continue to Slow

Holiday numbers continue to disappoint retailers

Credit Card Charge-Offs Down Slightly

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Icahn hopes restructuring by Reliance leads to payoff

Airlines:

Ft. Lauderdale airline conquering Chapter 11

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  Commodore Holdings:

Losses sink cruise line

Cruise Co. Files for Bankruptcy

Hollywood, Fla.-Based Cruise Line Files for Bankruptcy

Commodore Holdings to Suspend Operations

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Outboard Marine:

Outboard Marine Moving To Sell Divisions

Much of Outboard Marine Likely to Be Sold Quickly in Auctions

NYSE Suspends Trading In Outboard Marine Convertible Debentures

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Bradlees:

Bradlees Stores Ch. 11 Petition Lists $525.8 Million In Debts

Bradlees Halts Refunds

Retailers look at Bradlees

Footstar Decides Not to Buy J. Baker Stores Operated by Bradlees

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Power Utilities:

Power Crisis Generates Windfall for Suppliers

Utilities seek immediate rate hike to avoid insolvency

Handling of Power Crisis Under Fire

Southern California Edison Unable to Secure $1 Billion Credit

Stranded-Cost Debt Surge Seen In 2001 By Investment Bank

Calif. utility files lawsuit seeking cost-based power prices

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New Bankruptcy Opinions
(No new opinions today)

UK:

Tis The Season To Be... Bankrupt

British schoolboy saves firm from bankruptcy

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Japan:

Creditors throw lifeline to Japan's Kumagai

Japan economy poised for new woes, pain in 2001

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Canada:

Nickels slides under

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Korea:

Insolvent Company Managers Found Hiding Assets

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Breed Technologies Announces Emergence From Chapter 11

BroadcastAmerica faces possible liquidation without a quick sale

Asbestos:

Spector of costly asbestos litigation haunts companies

Owens Corning Seeks Extensions On Chapt 11 Reorganization

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Lernout & Hauspie Refiles for Creditor Protection in Belgium

 

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