December 5, 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

         
Law firms gear up for bankruptcies

Xerox at 18-year low amid bankruptcy fear

Baptist Foundation: State Prosecutors Sue Arthur Andersen For $600 Million

Vencor:

Ventas Shareholders to Receive Additional Value Under Vencor's Amended Plan of Reorganization

Vencor Bankruptcy Update- Filing the second reorganization plan

Ventas agrees to amended Vencor reorganization plan

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Firestone:

Lawsuits against Firestone could total $50 billion Attorneys fear tiremaker may file for bankruptcy

Bridgestone dismisses bankruptcy speculation

Bridgestone sticks by Firestone, shares sink

Bridgestone downplays $50bn liability estimate

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Economy:

New-Home Sales Fall 2.6 Percent; Leading Indicators Decline

U.S. Economy Shows Signs of Slowing

As bad news mounts, so does talk of r-word

Economy, not debt, slowing

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Quik-to-Fix Foods Files Chapter 11 Petition

Deutsche Bank Restructures, Streamlines Operations

Movie Theater Industry:

Moody's cuts Imax Corp , may cut further

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Pillowtex:

Pillowtex Lays Off 740 Workers

Pillowtex travails woven into Cabarrus' prospects

Pillowtex idles plants until January

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Columbus, OH: Heritage Financial investors likely left out in cold

  Telecoms- Trouble on the Line

TSR Wireless bankruptcy shocks employees

Bankruptcy Reform:

Credit Card Firms Push for Bankruptcy Reform Bill

Bankruptcy Reform Still On Republican Agenda As Clinton, Congressional Leaders Meet on Budget

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Dotcoms:

Trying To Stay Out Of The Dotcom Graveyard- At eToys Site, It's Service With A Nervous Smile

Surfing Toward Bankruptcy

SportsPrize Ceases Operations/Files for Bankruptcy

Pets.com Announces Intent to Sell Domain Name

As Companies Liquidate, Sale of Data Raises Privacy Worries
(NYT: free registration required)

OneSoft Fires Half Of Its Staff

Millions log off internet 'to join the real world'

Businesses in Liquidation Trying to Sell 'Private' Online Customer Lists

The Gathering Tech Carnage

A Tough Time for Consultants

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Asbestos:

Major US tobacco companies charged with asbestos conspiracy

Tobacco, asbestos lawyers joust

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Unapix Entertain Has Interim Court Nod For $40M DIP Loan
(WSJ: paid subscription required)

Physicians Resource Group, Inc. Announces Confirmation of Its Liquidating Plan

Visalia, CA: Mansion builder files for bankruptcy

Bankruptcy filings continue to drop

 

 

New Bankruptcy Opinions
(No new opinions today)

Lernout:

L&H bankruptcy spans two continents

Freeze Placed On Lernout's Dictaphone Stocks

L&H - the fall of a technology giant

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JCC Holding Co. Delisted From AMEX On Nov. 30
(WSJ: paid subscription required)

Legend Airlines:

Experts doubt Legend finance plan will fly

Legend Airlines' Bankruptcy Filing Leaves Passengers Confused, Angry

Legend Air Passengers Seek New Route

Bankruptcy Strands Passengers

Legend shutdown reduces Vegas travel options a bit

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TearDrop Golf Company Files For Bankruptcy Protection  

ETS Payphones: California Leads Multi-State Private Pay Phone Investment Sweep; Thousands of Trusting Investors Get a Wrong Number

Future of Wisconsin Rapids, Wis.-Based Cranberry Firm, Northland Cranberries, Hangs on Lender, Deal

ICG:

Senior executives flee ICG--again

ICG Communications president, CFO resign

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Tampa Bay, FL: First American Capital Trust investors still facing big losses

DaimlerChrysler cash reserves could sink

Birmingham, AL: Southeastern Meats files Chapter 11

One medical clinic's 'true nightmare'

Judge sets another deadline in Black Diamonds baseball team bankruptcy case

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