November 17, 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

         
Owens-Illinois stock tumbles on asbestos concerns

Armstrong May File for Bankruptcy, as Liquidity Problems Increase

Judge Agrees To Approve Owens Corning's $500M DIP Pact
(WSJ: paid subscription required)

Stitching Singer Back Together

Bankruptcy Epidemic On Horizon

Metal Management:

Metal Management agrees to restructuring

Metal Management works out deal with lenders

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Holiday Survey Says- Everyone Gets Massive Debt

Los Angeles, CA: Family Health Care's Debt Could Be $20 Million

Movie Theater Industry:

Work Halt On Theaters Is Seen As Temporary

Money Woes May Keep Curtain Closed on Portland Theater

United Artists In Final Talks For $35 Million In Exit Financing

Penn project put on hold by partner's bankruptcy

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Milwaukee firm will sell bankrupt Internet company Innovative Software

Casino Owner, JCC Holding Company, Comments on Presentation to Casino Tax Advisory Committee; Halt of Trading By American Stock Exchange

Bankrupt retailer, Nevada Bob's, to sell Las Vegas outlet

Little-known agency helps investors when brokerages fail

Baptist Foundation Settlement

AMF:

In Midst Of SEC Investigation, AMF Bowling Reorganizing Management, Cutting Jobs

AMF Considering Bankruptcy Among Options

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Nasdaq to delist CareMatrix from small cap mkt Friday

 

  Wheeling-Pittsburgh:

Wheeling-Pittsburgh Steel Corporation Files for Chapter 11; Company to Continue Normal Operations During Financial Restructuring

Steelworkers React to Wheeling-Pittsburgh Bankruptcy

Cliffs Comments On Bankruptcy Filing by Wheeling-Pittsburgh Steel Corporation

West Virginia-Based Steelmaker's Bankruptcy Comes Almost 10 Years After Company Was Bought Out Of Bankruptcy

WHX Corporation Confirms Wheeling-Pittsbu... Subsidiary's Reorganization Filing

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NYSE suspends trade in AMF Bowling securities

Nevada Bob's gets OK to sell stores

FCC Official Worried About NextWave Wrangling

Dotcoms:

What Happens To The Data And Applications When An ASP Files Bankruptcy?

TheStreet.com to Cut Work Force, Closes UK Ops

Tutornet.com Filing Says It Has No Students

80% of dot-coms to go bust in Q1 2001

Dead sites dotting the Web-scape

Austin, Texas-Based Online Gardening-Product E-tailer, Garden.com Crashes For Lack Of Capital

Dot-com failures reach one a day, report finds

TheStreet.com job cuts may bode more woes for sector

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CRIIMI MAE:

Judge Finds CRIIMI MAE's Reorganization Plan Is 'Fair and Reasonable'; Parties to Submit Final Confirmation Order by Friday For Court's Approval

Court Reserves Ruling On Feasibility in Criimi Mae Plan

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Dallas, TX: Indian Conglomerate Completes Purchase Of Bankrupt Telequestion

 

 

New Bankruptcy Opinions
(2 new opinions today)

Japan:

Soaring bankruptcies in Japan- bad or good?

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Korea:

Korean Corporate Bankruptcy Count 606 In Oct

South Korea rules out loans to Hyundai

Daewoo Looks Dicey

Hyundai to speed up chip unit sale

Two Feuding Brothers Unite To Save A Hyundai Division

Fiat and GM consider Daewoo break-up

IMF sees Korea growth slowing

Daewoo's Demise Sends Bad Signals

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Russia:

Russian Arbitration Court Throws Out Lawsuit Against Tyumen Oil Regarding its Acquisition of Kondpetroleum

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Mexico:

Airlines To Be Privatized By Mid-2001; CFC Dismisses Bankruptcy Fears

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Italy:

Italian Formula 1 Team Minardi Face Bankruptcy

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Iridium:

Court Oks $25 Million Offer For Troubled Iridium Satellite System

Will Iridium Bankruptcy Buyout Be Deal Of the Century?

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Florida Homestead Law Attracts Con Artists

C&S leading Grand Union competition

Analysts Doubtful That ICG Commun Can Remain Independent
(WSJ: paid subscription required)

 

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