November 6, 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:


Unemployment Remains at Three-Decade Low

Bankruptcy in General Equilibrium


Movie Theater Industry:

Silver Cinemas' Tarnish

Iwerks delisted as industry struggles

Six Old Cinemas Close in Suburbs

Theater Megaplex Builders Prove Too Ambitious

Screen spenders


KCS Energy profits soar despite hedging limits

Philadelphia lawyer Kevin Carey and New Jersey lawyer Donald Steckroth recommended for bankruptcy judge appointments

Money's Foods U.S. Inc Files Chapter 11 in the US

Dallas: Indian firm to purchase bankrupt telemarketing firm Telequest

Oregon grand jury indicts ex-head of bankrupt funeral homes on charges involving missing prepaid funeral trust funds

Washington-based Roadside Development purchase former Hechinger Co. building

National Energy Group, Inc. Reports Compliance With Plan of Reorganization Provisions Pertaining to Equity Interests

Motorcycle maker American Quantum petitioned into Chapter 11

United Companies' bankruptcy plan OK'd - Bank creditors to receive most proceeds from sale

Detroit, MI: O-J Transport forced into Chapter 11

Hawaii- Bankruptcy fraud suspect Sia to move into luxury condo

Who Wants To Be A Millionaire winner is ex-bankrupt

Long Island, N.Y., Bankruptcy Court Relocates

Robbins, IL: Incinerator's failure leaves suburb facing poverty

Santa Rosa, CA: 3 local nursing homes file for bankruptcy

Milwaukee, WI- Ex-owner of publishing firm files for bankruptcy

Bankruptcy filing protects man from fines

  Bankruptcy Reform:

The Push Continues: Democrats, GOP Set Donation Records

Lott Says Upcoming Lame Duck Session Will Deal With Bankruptcy Reform

Effort to change bankruptcy laws fails as senators leave to campaign

National Retail Federation Chides Senate for Failure on Bankruptcy Legislation

Congress is in recess until Nov. 14, when it meets for a lame-duck session intended to complete work



Gigabell insolvency proceedings start

Urban Box Office Network lays off staff; funds dry up

Prince loses crown in internet bubble

UBO files for bankruptcy

For dot-bombs, a tale of riches to rags

Will run startup for food

Burn rate crucial in evaluating start up Wins National Journalism Honor

Amazon chairman still unflappable, although profit remains a dream

Crash Dotcom

Cash-flow woes stop 'Net start-ups


Claridge Reports Third Quarter Results

Model Imperial: Loan and lawsuit troubles mount at Hamilton Bank

Hospitals and nursing homes to gain regardless of U.S. election outcome

Riverside, Calif., Wood Recycler Files for Bankruptcy - Can CanFibre Recycle Itself?

Boardman, Ohio: Stambaugh Hardware Stores To Close

Bankrupt Memphis, Tenn.-Based Printing Company Master Graphics To Keep 11 Plants

Galveston, TX: Bankruptcy Judge Letitia Clark Approves Sale Of Island Eyesore

Inco Homes: Cash Infusion May Revive Bankrupt Builder

3 Boise companies seek involuntary bankruptcy for CyberHighway




New Bankruptcy Opinions
(No new opinions today)


Japan Banks Write Off $10B

Japan struggles with soaring death toll in Suicide Forest



Lloyd's was not fraudulent, just incompetent

Lloyd's cleared of names fraud

Lloyds rebels claim victory in 51m court defeat

Judge Rules Against 'Names' but Criticizes Lloyd's

Many retailers facing bankruptcy by 2005



S.Korean Banks Threaten On Loans

South Korea fingers the big-debt losers

Korean Financial Supervisory Commission sets rules for creditors of ailing firms

SKorea Asks Daewoo to Restructure

Daewoo Motor defaults, GM sale in danger

South Korean labor unions warn of strike against layoffs

Seoul Gets Tough With 2 Top Firms

Hyundai son to sell all shares to save construction giant

Hyundai family's complicated stock deals generate suspicions

Hyundai executives in urgent session to avoid bankruptcy

'Labor Union's Refusal to Restructuring May Drive Daewoo Motor Into Insolvency'

More Than 120,000 Apartments in Seoul Await Completion

Closure Of Non-Viable Korean Cos To Put 1 Million Out Of Work



Tyumen Oil Expresses Flexibility in Structuring Chernogorneft Deal

Tyumen Oil Rejects Allegations Regarding Its Acquisition of Kondpetroleum



China shuts seven credit co-operatives



Weather Forecast:
Enter City, State, or Zipcode:

If you received the Daily Bankruptcy News via email, to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here, or by going to BKINFORMATION.COM and clicking on the Bankruptcy News button.  Note that the Daily Bankruptcy News is distributed via "HTML email" in which the links to the news stories are embedded in the headlines.  The email you receive should look like a 3-column newspaper, with headlines for each story. If you receive the Daily Bankruptcy News by email and the copy you receive is not formatted like a 3-column newspaper, or does not seem to contain links to the news stories, you may have an email client that is not capable of receiving HTML email, or is not configured to display such email.  You can however, receive a daily email notifying you when the Daily Bankruptcy News is updated on the web site. If you would like to receive such an email, please let us know at  

Advertising is available in the Daily Bankruptcy News in a variety of places, formats and prices. Go to for a list of choices.  Feel free to contact us with any questions.

If you would like to start receiving the Daily Bankruptcy News by email each day, go to  and fill in the information requested.  If you do not receive an email confirming your subscription to the publication, please contact us at for help.  

If you already receive Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear.  Note that the email must be sent from the same email address at which you are receiving the Daily Bankruptcy News. You do not need to type anything in the body of the email message.   If you do not receive an email confirming deletion of your email address from the distribution list  for the publication, contact us at for help.

Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C.  You can reach us at 281-242-6208 or at 

Copyright 2000  [BKINFORMATION.COM]. All rights reserved.