November 3, 2000

Daily Bankruptcy News

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Also available on the Web (with links to the news stories)  at:  http://bkinformation.com/DailyNewsFrames.htm

         
Orange County Bankruptcy:

Appeals court voids sole Orange County bankruptcy conviction

Orange County's Raabe Has Conviction Overturned in 1994 Bankruptcy Case

Raabe's felony verdicts reversed

_____________

Unpublished Case Citation:

Growing Trend To Permit Citation Of "Unpublished" Cases?

The Opinions:

Anastasoff v. US
(8th Cir)

In re Arzt
(8th Cir. BAP)

____________

Economy:

Leading Indicators Unchanged, Indicating Economy Continues to Slow

Wage Gains

Fed Reports Dallas-Area's Torrid Economy Is Cooling

Bankruptcies down as growth slows

_____________

Crown Vantage Enters Into Letter of Intent to Sell Substantially All of Its Specialty Business

Master Graphics, Inc. Announces Plans for Restructured Business Operations and Emergence From Chapter 11

Garden Botanika Reports October Comparable Store Sales

NuMED Files for Voluntary Chapter 11 Protection

United Companies Plan of Reorganization Confirmed

Austin, Texas-Based Software Maker Cuts 200 Jobs

KCS Energy, Inc. Reports Record Earnings and Cash Flow

National Finance Corp.

National Finance Corp- Ex-employees say "proprietary" software of bankrupt company is in the public domain

NFC makes deal on debt

_____________

 

  Bankruptcy Reform:

House GOPs Stay for Budget Battle - Lott Says Bankruptcy Reform Will Be Dealt With In Lame Duck Session

Leading Promoter Of Bankruptcy Reform Bill Receives Golden Leash Award

GOP bid to force debt vote stalls

Congress to Resume Budget Talks After Election

House Passes Farm Bankruptcy Extension

Bankruptcy bill languishes in Senate

______________

Dotcoms:

Urban Box Office Declares Bankruptcy

Priceline Can't Catch a Break

Dot Com Bankruptcy and the Goblet of Fire

BuildNet Cutting 18 Percent of Work Force

Listen.com Offers to Buy Scour Inc. Technology for $5 Million

PSINet post loss, mulls options as bonds sink

Failure to find funding doomed Mortgage.com

Nets Staging Recovery From Depths

______________

T & W Financial Files for Bankruptcy and Plans Liquidation

Orlando builder files for protection

Missing Funeral Trust Funds: State Charges Oregon Funeral Home Executive

Iridium's Last Stand?

Tri-Valley:

Tri-Valley: Federal Emergency Relief to California Growers Is Delayed

Tri Valley Growers executive leaves board in the dark

___________

Customers of Bankrupt Hamburg, N.Y.-Based Energy Have To Wait For Refunds

 

 

New Bankruptcy Opinions
(1 new opinion today)

England:

Small business attack on UK's 'Chapter 11'

DTI pledges to help ailing firms avoid bankruptcy

Taxman retains first call on insolvent funds

_____________

Japan:

Banks have much yet to do in addressing bad loan mess

Sogo Chairman Apologizes For Failure

Former Sogo head denies wrongdoing

Crumbling Nikkei, bankruptcies unravel lethal web of shareholdings

____________

Korea:

South Korea to kill off 29 ailing firms

________________

Bangladesh:

Kibria for tough laws to bar loan defaulters from polls

______________

China:

China Working On Bankruptcy Laws

____________

Russia:

Dart Sues To Annul Sell-Off of Oil Firm In Bankruptcy Auction

_____________

Movie Theater Industry:

Silver Cinemas: Dallas-Based Movie Theater Operator Tries to Avoid Conversion to Ch. 7

______________

Tultex in talks to sell factory

Vermont Wholesaler Unlikely to Pick Up Bankrupt Grand Union

 

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