December 7, 2000 Daily Bankruptcy News

December 8, 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

Bankruptcy Reform: Senate Passes Bankruptcy Bill Senate Votes to Tighten Debt Law Wellstone vows to continue fight against bankruptcy bill Bankruptcy Reform- ICBA Says the Time Is Now Senate Clears Bankruptcy Bill, Veto Looms Bankruptcy Bill at a Glance National Retail Federation Praises Senate Passage of the Bankruptcy Reform Act; Urges President to Stand by Pledge to Support Personal Responsibility Bankruptcy Reform Status ______________ Americans expected to put record amount of holiday spending on plastic this year U.S. Trucking feeling the pinch Safety-Kleen Selects Indian Harbor to Provide Closure, Post-Closure Insurance Policies Sale of Tri Valley Growers in works Bankrupt Discount-Buying Club's More a Bust Than Bargain Penguins: Once again, Super Mario flies in to save Penguins Mario Lemieux Plans Comeback __________ "We See A Storm Coming-" Chrysler group to cut material costs by 15 percent Hasbro Gets "Pika-Chewed" Cash Strapped Rapper Lil’ Kim Forced To Sell Home AutoInfo, Inc. Completes Merger With Sunteck Transport Co., Inc. and Emerges From Bankruptcy SEC probing Pacific Gateway's 1999 restatement	Dot-Com Deaths Leave Bankruptcy Lawyers Crying The Undertakers: Bankruptcy Lawyers The Busiest People In Silicon Valley? Mellon Financial Corp., Partners to Pay $52 Million To Settle AHERF Preference Claim Lernout: Belgian court denies L&H protection from creditors How high-tech dream at Lernout & Hauspie crumbled in scandal ____________ Economy: Jobless Claims Fall but Still Point to Labor Market Cooling More Deadbeat Debtors ____________ Harrah's to write off part of National Air investment Pillowtex Corporation DIP Financing Approved Layoffs, warnings, market slump bruise tech sector ElderTrust to remain on NYSE, bankruptcy hearing set Conor Pacific Environmental Technologies Inc.- Unsecured Creditors Approve Plan of Reorganization Dotcoms: Bidding war for bankrupt Scour.com heats up Priceline Postpones Some Services, Cuts Jobs NorthPoint lays off 19 percent of staff Liquid Audio to Bid on Scour, Inc. Peer-to-Peer Technology Assets Wall Street shuns Scient, other e-consultants Viant layoffs the latest amid consulting crunch Doom & Gloom for Dot-Coms Like Garden.com, More E-Tailers Dying on the Vine ___________	New Bankruptcy Opinions (No new opinions today) England: UK Equitable closes doors as Prudential pulls out Law firms hit as IT giant files for bankruptcy ______________ Japan: Japanese executives to pay heavy damages over department store collapse ______________ Argentina: Argentina to Get IMF Bailout of Up to $25 Billion _____________ Korea: Sunken treasure rumours boost shares _____________ Canada: Students cry foul over bankruptcy _____________ Court Approves All First-Day Motions in Armstrong Chapter 11 Filing U.S. Federal Court judge tosses out class-action suit against YBM Charleston: Tire recycler's bankruptcy hearing begins Iridium: Pentagon signs phone deal with Iridium Iridium Satellites To Stay Up There Pentagon Deal Averts Mass De-Orbiting of Iridium Satellites _____________ Weather Forecast: Enter City, State, or Zipcode: