November 14, 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:

Dow Corning:

Dow Corning: U.S. District Court Reverses Portion Of Bankruptcy Court Confirmation Order That Permitted Dissenting Breast Implant Creditors To Sue Debtor's Parent

District Court Opinion
(requires Adobe Acrobat Reader to view - large download)

District Court Judge's Summary Of Opinion
(requires Adobe Acrobat Reader to view)

Ruling Permits Implant Settlement - Supreme Court Appeal Planned

Women Opposed To Dow Corning Settlement Can't Sue
(WSJ: paid subscription required)


Grand Union:

Grand Union Company - C&S Signs Agreement to Purchase Grand Union Assets

Grand Union Retains Excess Space Disposition to Direct Portfolio-Wide Lease Analysis and Selected Dispositions



Colorado Telecom Firm Now in a Shambles

Audio: ICG Communications Might File Bankruptcy

ICG: Out of Line - how a brash provider of Internet services became unplugged



Vencor Announces Third Quarter Results

Vencor Bankruptcy Update- Lawsuit permitted


New Orleans, LA: Harrah's says bankruptcy again possible


  Bankruptcy Reform:

Congress Returns: Reform legislation will be last issue for Senate before adjourning

Ag Organizations Prod Congress on Chapter 12 Extension


Spintek, affiliates file for Chapter 7 bankruptcy


CenterSpan Announces Its Intention to Make Overbid For Scour Assets

FTC and Privacy: Private assets

Two more Web businesses plan restructurings

Net grocer Streamline calling it quits

New economy, old rules

Disaster Of The Day- Holiday E-tail Starts Slow Network in Limbo, Blames UBO Bankruptcy

CMGI to exit iCast, units

Urban Web Market Regroups for Lean Times


Movie Theater Industry:

Hopes Ride On Evanston Cinema

Movie-theatre marvels

Plans for Movie Theater Complex in Southern Dallas Remain On Hold


Icahn Takes Stake In Reliance Bank Debt
(WSJ: paid subscription required)

Pro Air, FAA Agree on Restart Plan

Gibbs Construction Completes Plan of Reorganization and Emerges from Bankruptcy

Orbital Sciences Takes Deep Quarterly Loss



New Bankruptcy Opinions
(2 new opinions today)


South Korea Turns Up Heat on Insolvent Companies

Struggling Daewoo Motor to give more workers leave of absence to cut costs

New bid to sell Daewoo Motor

Korea signals Hyundai Engg to stay afloat

Hyundai Engineering narrowly survives debt crisis, for now

Korea Hyundai Gets Lifeline From Brunei

Korea Land Agrees to Sell Land for Hyundai, Borrow 200 Bln Won



TPI's founder squares up against creditors' revamp plan

Stubborn TPI on road to liquidation


Court Refuses to Halt Wireless Auction

Presidential outcome may affect elevation of Bankruptcy Court judge to District Court

Grand Union Buyer Could Face Bidding War

Einstein valuation talks extended - Earnings are suddenly up postconfirmation - Who gets the value?

Leucadia Sinks $350 Million Into Staggering Finova

Armstrong shares dip after Owens Corning marketing pact

US tax blitz on offshore credit cards - An insider turns supergrass and now the IRS will turn offshore havens into hell


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