November 7, 2000 Daily Bankruptcy News

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" ______________ 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) _____________ 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 ____________ 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 _____________ Nursing Homes: Bankrupt, and without a plan ____________ 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) _____________ Argentina: New Aerolineas Argentinas director to lighten debt load _______________ Russia: Russian tax agencies authorized to petition for lenders' bankruptcy _______________ Weather Forecast: Enter City, State, or Zipcode: