October 2, 2000 Daily Bankruptcy News

October 2, 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

Prime Succession Reorganization Delayed Riverside, Calif. Area Ties for Highest Rate of Small Business Bankruptcies DFJ Italia: DFJ Italia: Former Executive Admits He Used Company Funds To Purchase Cars and Gifts for Girl Friend Executive of Failed Irvine, Calif., Investment Firm Used Funds to Buy Gifts __________ MicroAge Inc. Announces Sale of MicroAge Teleservices Subsidiary Through Voluntary Chapter 11 Proceeding and Competitive Bidding Procedure Movie Theater Industry: Two opposing predictions on future of video rentals Glut of movie megaplexes turning into financial flop Bankrupt Carmike faces red tide Boston-Based General Cinemas Closes Federal Way Theater Carmike Cinemas, Inc. Announces Results for the Second Quarter 2000 Carmike 10-Q Carmike Cinemas Reports Big 2nd-Quarter Loss __________ S&P Expands Rating Evaluation Service Re- Chapter 11 Companies Philadelphia- Burrups Packard buys Global Financial Press In Bankruptcy Auction New Pathmark Shareholders May Be Betting On A Takeover (WSJ:paid subscription required) Pro Air's future hits turbulence Anna Nicole: Anna Nicole Smith Enters Court In Texas Stripper strikes gold in a mighty battle of wills Anna Nicole's £1.6bn setback _________ Nettel Communications Files For Bankruptcy Las Vegas: Bankruptcy Possible By Owner Of Regent Las Vegas Casino (after clicking, scroll down to "Snake Eyes" story)	Bankruptcy Reform: Regulators Examine Threat To Privacy In Bankruptcy Filings FTC staff comments on privacy and identity theft issues Legislative Update Congressional Republicans Now Looking at Late October Adjournment Date _________ Paracelsus filing long anticipated Fine Air gets operating cash lifeline Dotcoms: Laid-Off Dot-Commer - Let's Party Value America- A bankruptcy case study Many more Value Americas to come Dot-com bankruptcies- Who will survive? Smoldering- 'Net companies, still burning cash, try to conserve their tinder' Privacy for sale! _________ Unidigital, five units file Chapter 11 bankruptcy Start-Up Which Purchased Iridium Assets Is Looking Up Malibu Entertainment Worldwide Amends Credit Facility Financier Carl Icahn Pulls Sands Casino From Bankruptcy With Wire Transfer (WSJ: paid subscription required) Gibbs Construction Seeks Change in Effective Date of Bankruptcy Reorganization Plan Vencor: Vencor, Inc. Files Plan of Reorganization Vencor files reorganization plan, Ventas objects Ventas Addresses Vencor's Preliminary Plan of Reorganization __________ Zeta Consumer Products plant equipment sold at auction	New Bankruptcy Opinions (No new opinions today) England: Business failures 'fall by 6.4%' Taxman ruined a life 'by mistake' _______ Japan: Supermarket failures approach last year's level in Jan.-Aug. Sogo closes its doors in Singapore ________ Argentina: Several Argentine Soccer Clubs On Verge Of Bankruptcy _________ Czech Republic: Globalization Takes Toll On the Czech Economy _________ Korea: Sale of S.Korea Hanbo in jeopardy US Consortium Still In Talks To Buy Hanbo Assets (WSJ: paid subscription required) ___________ Harvard Industries Reports Breed Announces It Will Pursue Internal Restructuring Chicago- Gold Coast Shop Owner Faces Bankruptcy Fraud Charge Brown & Wood Increases Size Of Bankruptcy Group (after clicking on this link, scroll down to view story) Golf Day, Discount Golf Equipment Chain Goes Out of Business Signal Hill, Calif.-Based Developer Files for Bankruptcy Sutro Drops LTC Properties, Saying Co. Refuses To Talk Stock Swindler Charged With Bankruptcy Fraud May Have Diverted Cash to Casino Ship New Jersey Grocer Grand Union Continues Quest for a Buyer Harvard Indus Disappointed Breed Chooses Stand-Alone Plan Key Plastics Sees Filing Reorganization Plan Or Sale Motion By Oct. 5 Weather Forecast: Enter City, State, or Zipcode: