November 7, 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

         
LogoAthletic, Supplier Of Uniforms For NFL Teams,  Files for Bankruptcy Protection From Creditors

Tobacco:

Judge Upholds $145 Billion Smokers' Award

Tobacco Companies- "no industry in the world can pay a $145 billion punitive damage award"

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Dotcoms:

Can Beauty Beat the Dot-Beast?

Taneja's old company is bankrupt

Scour Exchange File-Sharing System Shutting Down

Interfase Capital Denies Causing Urban Box Office's Demise

The dot-com downturn is no surprise to business historians. They've seen it all before.
(WSJ: paid subscription required)

Staying Alive
(WSJ: paid subscription required)

Dot-Com Dominoes
(WSJ: Paid subscription required)

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Vencor, Inc. Announces First Amended Plan of Reorganization

Albany, NY: National Finance Corp. Makes Deal On Debt - Involuntary Bankruptcy To Be Dismissed

Moab, UT: Chapter 11 Filed by Sunrise Airlines After Falling $20,000 Behind in Fees

 

 

  Bankruptcy Reform:

Bankruptcy bill

Mr. President

Ch. 12

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Cisco To Purchase American MetroComm's Assets For $19M
(WSJ: paid subscription required)

Financially Struggling Oregon HMOs

Bankrupt Clothing Maker Tultex in Talks to Sell Last Major Property

Major Clinton Contributor In No Asset Bankruptcy Case?

Laidlaw's troubles continue to simmer

Boca brokerage declares bankruptcy

Robert Brennan:

Trenton, N.J., Financier Is Eager to Stand Trial On Bankruptcy Fraud Charges

Despite new charges, former penny stock mogul wants no delay in bankruptcy fraud trial

Despite new charges against him, Brennan gets wish for Dec. 5 trial

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Nursing Homes:

Bankrupt, and without a plan

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Prichard pays off claims below $2,000 Bankrupt city also pays part of debt owed to bank

Repair Of IRS Offer In Compromise Program Will Take Two Years
(WSJ: paid subscription required)

 

 

New Bankruptcy Opinions
(3 new opinions today)

Korea:

Daewoo Motor Faces Bankruptcy

Daewoo Motor and Labor Union Fail To Reach Agreement on Restructuring
(WSJ: paid subscription required)

Hyundai Construction to Avoid Court Receivership 

Daewoo Motor granted last-minute delay on debts

Daewoo Motor facts and figures

GM Still in Due Diligence on Daewoo Motor

Hyundai scion to sell shares as Daewoo hits debt crisis

Giant Korean firms near bankruptcy

Korea's FSC Pushes Daewoo to Draw up Strong Self Rescue Plan

Banks Give Hyundai Group Reprieve, But Worries About Reform Continue
(WSJ: paid subscription required)

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Argentina:

New Aerolineas Argentinas director to lighten debt load

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Russia:

Russian tax agencies authorized to petition for lenders' bankruptcy

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