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:

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


Dot-com job cuts hit new record in December

And a Happy New Economy To You! Board Approves Liquidation Plan

Capital crisis- Ben Franklin plays hard-to-get

High-tech shakeout blues



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


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 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)


Tis The Season To Be... Bankrupt

British schoolboy saves firm from bankruptcy



Creditors throw lifeline to Japan's Kumagai

Japan economy poised for new woes, pain in 2001



Nickels slides under



Insolvent Company Managers Found Hiding Assets


Breed Technologies Announces Emergence From Chapter 11

BroadcastAmerica faces possible liquidation without a quick sale


Spector of costly asbestos litigation haunts companies

Owens Corning Seeks Extensions On Chapt 11 Reorganization


Lernout & Hauspie Refiles for Creditor Protection in Belgium


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