October 12, 2000 Daily Bankruptcy News

October 12, 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

Movie Theater Industry: Theater owner GC Cos, parent of General Cinemas, says seeks bankruptcy protection Collection Of Stories From Various Sources related To GC Bankruptcy Filing Imax stock tumbles on loss projection Harcourt General to Record $100 Million Fourth Quarter Charge Related to GC Companies Lease Obligations General Cinema Closes Two Movie Auditoriums in Milwaukee, Wis., Mall Shares of GC Cos. to resume trading on NYSE "Megaplex" boom hits GC Companies, Harcourt Big-screen rivals crowding Imax returns Cinema companies in peril ____________ Value Judgment: New Fair Value Accounting May Roil Banks (WSJ: Paid subscription required) Laidlaw extends deadline for cash Pittsburgh: Lemieux Worried About Ticket Sales Sunterra Names Turnaround Specialist Gregory F. Rayburn As Chief Executive Officer Tricon Global Restaurants Reports an 11 Percent Increase in Ongoing Operating Earnings Per Share to $0.77 for the Third Quarter High Prices for Diesel Fuel Force Truckers Off the Road (WSJ: paid subscription required) Tyrone: Boom to bust ... now bankruptcy	Bankruptcy Reform: Final push begins for U.S. bankruptcy overhaul ___________ Corporate Debt: Corporate bond crisis grows amid credit fears Troubled loans to U.S. businesses have more than doubled in two years Earnings alarms are landmines for corporate debt __________ Texas AG Ron Del Vento Re-elected President of States' Association of Bankruptcy Attorneys Sanctioned bankruptcy petition preparer admits filing more bankruptcy forms Dotcoms: Online Retailer Boxman Confirms It's Seeking Liquidation (WSJ: paid subscription required) Boxman to file for bankruptcy Chipshot.com bogeys into bankruptcy Eve.com's Paradise Lost Apocalypse now for internet companies British CD e-tailer stops the music Hollywood still searching for online success Gazoontite goes from clicks to bricks __________ Omaha, Neb.-Based Commercial Movie Projector Company Delisted from NYSE Drypers Corp. files for reorganization	New Bankruptcy Opinions (No new opinions today) Japan: AIG Agrees to Role Sponsor Of Japanese Insurer Chiyoda (WSJ: paid subscription required) Japan's Debt-Asset Breakdown Shows Trouble in Pensions, Corporate Loans (WSJ: paid subscription required) __________ Brazil: Latam Sounds Death Knell for Free Internet Firms ____________ Argentina: Aerolineas staff rescue plan far from done deal ____________ Store Closing Sales Commence at 4 Levitz Furniture Stores CPC Health: Mental Health Provider, Largest In Montgomery County, Files for Reorganization ____________ Vencor at stalemate in bid to reorganize Factory Card Outlet Announces Developments in Bankruptcy Court Proceeding And Second Quarter Results Pennsylvania Education Secretary Hickok Declares Duquesne City School District Financially Distressed Supermarket Chain Grand Union Entertains Buyout Offers Weather Forecast: Enter City, State, or Zipcode: