November 15, 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

         
Pillowtex:

Pillowtex Corporation Files Voluntary Chapter 11 Petition

NYSE moves to delist Pillowtex after bankruptcy filing

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Loewen:

The Loewen Group files plan of reorganization

Shareholders frozen out in restructuring plan for Loewen funeral home firm

Plan would stiff shareholders

____________

Bankruptcy Reform:

Congress opts
to postpone
lame-duck session

______________

AFL-CIO Warns Of Possible Wheeling-Pittsburgh Steel Corp. Bankruptcy

Capital Consultants: Trust funds say financier used favors to get money

SEC objects to Styling Technology plan of reorganization

C&S agrees to pay $301M for Grand Union stores

Houston, TX: Coffee plant grinds to halt - Brothers Gourmet for sale after loss of big customer

Order to force natural-gas marketer Mountain Energy out of business

Pro Air:

Pro Air to fly again?

FAA to help Pro Air try to fly

___________

Clifford Chance: Paying Firm's UK Lawyers Same As US Lawyers Would Bring Firm Close To Bankruptcy

Paracelsus Healthcare Corporation Reports on Third Quarter 2000 Financial Results and Status of Chapter 11 Proceeding

Phila., PA: Ailing Eastwind files for Chap. 11

  ICG:

ICG files for Chapter 11 bankruptcy protection

High-Flyer ICG Files for Chapter 11 Bankruptcy

Telecom Concern ICG Files for Bankruptcy Protection, Will Restructure

US local exchange carrier files for bankruptcy

Audio: ICG Seeks Chapter 11

____________

Asbestos:

Owens Corning Reports Third Quarter Results

Crown Cork: Weathering the asbestos storm

Armstrong and Owens agree to work together

How the floor dropped out from under Armstrong Holdings

___________

Dotcoms:

Dot-Com Liquidator: new breed of vulture gets fat on remains of expired `e-tailers'

ON24 Cuts Staff

CenterSpan to Join in Bidding for Scour Assets

Living.com founder bids for company's technology

CenterSpan elbows Listen.com aside in bid to acquire Scour

Hang-Ups Abound For Picus. Company Executives Hope To Restructure The Business Through Bankruptcy, While Outside Shareholders Attempt A Buyout

_____________

Movie Theater Industry:

Theater chain Regal exhibits woes

Redford's Sundance halts arthouse cinema project

___________

First Union Stock Hit by Bad Loan Fears

 

 

 

New Bankruptcy Opinions
(3 new opinions today)

Korea:

Daewoo Motor's Assets Frozen

Reaper at door of 'comatose' Hyundai

Hyundai in struggle to save construction unit

_______________

Belguim:

L&H faces legal action from investors

______________

Japan:

Analysis: Japanese government flogs a dead horse

Japan's corporate failures up 22.7% in Oct.

____________

Tampa, FL: Genesis Manufacturing Inc. files for bankruptcy

Portland, OR: Securities claims against ex-GST boss dropped

NextWave:

NextWave Loses Bid to Delay Auctions

No Stay For NextWave, But Court Will Hear Appeal

_____________

Battered Xerox attempting to regroup

Reno, NV: Struggling Comstock Casino to close and file for bankruptcy

Coho Energy Announces Financial Results for Third Quarter 2000

US Corp Bonds - Spreads improve as buyers return

Bank of NY sees nonperforming assets rising in Q4

Harrah's may try bankruptcy again

 

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