December 28, 2000 Daily Bankruptcy News

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 ___________ 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 ____________ 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 ____________ Icahn hopes restructuring by Reliance leads to payoff Airlines: Ft. Lauderdale airline conquering Chapter 11 __________	Commodore Holdings: Losses sink cruise line Cruise Co. Files for Bankruptcy Hollywood, Fla.-Based Cruise Line Files for Bankruptcy Commodore Holdings to Suspend Operations ___________ 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 ____________ 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 ___________ 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 ____________	New Bankruptcy Opinions (No new opinions today) UK: Tis The Season To Be... Bankrupt British schoolboy saves firm from bankruptcy ____________ Japan: Creditors throw lifeline to Japan's Kumagai Japan economy poised for new woes, pain in 2001 _____________ Canada: Nickels slides under ____________ Korea: Insolvent Company Managers Found Hiding Assets ____________ 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 ___________ Lernout & Hauspie Refiles for Creditor Protection in Belgium Weather Forecast: Enter City, State, or Zipcode: