July 31, 2000

Daily Bankruptcy News

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New York Bankruptcy Judge in Serious Condition

Iridium:

Castle Harlan Declines to Proceed with Purchase of Iridium System

Latest Suitor Abandons Iridium LLC

Bank Firm Decides Not To Buy Iridium

__________

Tri-Valley:

Tri Valley Growers Receives Final Court Approval of DIP Financing Agreement

Tri-Valley: Peach Farmers Make Difficult Choice

Tri-Valley: Bankruptcy hearing begins today

AgEx.com Announces Custom Trading Site and Services To Help Tomato Growers Recoup Losses Caused by Tri Valley Growers Bankruptcy

___________

Bankruptcy Proceeding Could Stall Stadium Project Until The Fall Of 2001

Eighties pop maestro declared bankrupt

EOC Could Lose Its Property Two buildings may be sold to pay off debts

 

 

  Reprint:

Study Shows Bankruptcies Filed in Delaware Have A Failure Rate Five to Seven Times Higher Than in Other Jurisdictions

Icahn:

Icahn Wins Bid for Sands Casino

Icahn's Sands Plan Gets Nod from Judge

Judge Approves Carl Icahn's Offer
For Sands, Defeating Park Place
(WSJ: paid subscription required)

_________

Judge won't absolve Connors of $13 million debt; July 25, 2000

Wechsler Harwood Files Class Action Against Omega Healthcare Investors, Inc.

Medical Bills Account For 40% Of Bankruptcies

GST Telecommunications -- A Cautionary Tale, The Telecomm Analyst News

Dotcoms: 

Furniture.com sees high-level exodus

Apponline.com Gets Trustee, Probe Begins

Analysts throw in towel on Amazon

Expectations For E-tailers Likely To Be Lowered

Dot-coms do layoffs just like other firms

__________

Platinum goes bankrupt

 

New Bankruptcy Opinions
(2 new opinions today)

International:

No hope for workers If Employers Go Bankrupt

Hyundai Unit in Debt Crisis

Creditors move on Wang millions

Japan coalition agrees not to alter NCB sale terms

__________

Malibu Entertainment Worldwide Announces Additional Forbearance of Debt Obligations

New suit alleges self-dealing by Interstate Mortgage president

Publishers could fall in storm

Complete Management, Inc. to Sell its Collection Rights in Certain Medical Accounts Receivable

A failed chapter in venture capitalism

Kaiser Group International Closes On Sale of Infrastructure and Facilities Business to Earth Tech Holdings, Inc.


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