December 5, 2000 Daily Bankruptcy News

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 ____________ 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 ____________ 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 ___________ Quik-to-Fix Foods Files Chapter 11 Petition Deutsche Bank Restructures, Streamlines Operations Movie Theater Industry: Moody's cuts Imax Corp , may cut further ____________ Pillowtex: Pillowtex Lays Off 740 Workers Pillowtex travails woven into Cabarrus' prospects Pillowtex idles plants until January ____________ 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 ___________ 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 _____________ Asbestos: Major US tobacco companies charged with asbestos conspiracy Tobacco, asbestos lawyers joust _____________ 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 ____________ 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 _____________ 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 ____________ 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 Weather Forecast: Enter City, State, or Zipcode: