October 20, 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

         
Grand Union: Bankruptcy raises concern over pensions

Dotcoms:

Failing dot-coms leave unpaid creditors -- and celebrity endorsers -- out in cold

Consumers Caught When Dot Coms Close

Bankruptcy Court Approves Student Advantage, Inc. Purchase of CollegeClub.com, One of Nation's Most Popular Community Web Sites

Red Herring cuts 25 jobs, cites online ad slowdown

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The Cork Is Back In The Bottle: Layoffs, retrenchment increase as jitters hit investors, markets

Xerox Considers a Major Revamping,
Suffering From Self-Inflicted Wounds
(WSJ: paid subscription required)

Textron Announces Restructuring Plan

Laidlaw faces revolt of investors

IRS Wants to Look at Amex, MasterCard Accounts in Offshore Bank Havens

Only the bankruptcy trustee has standing to surcharge secured creditor's collateral

Calumet Farms:

Calumet Farm Execs Sent To Prison

Judge sentences man for bribery, not in horse's death

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  Bankruptcy Reform:

Lott Likely To Bring Bankruptcy Reform Bill Up Today

Legislation to Renew Chapter 12 Introduced

More Time For Bankruptcy Reform?

Congress enters fall scramble

Wellstone could lose battle, win war on bankruptcy bill

Chapter 12 Bankruptcy Action - Cloture Motion Likely In Senate

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SurgiLight Buys Assets of Bankrupt Premier Laser Systems

Mountain Energy could be forced into bankruptcy

Bank Lenders and Creditor Committee Express Support for Imperial Home Decor Group Inc. Extension of Exclusivity

Family Health Care:

Most Family Health Care Patients Still in Dark

Ventura County- Failed Medical Group's Patients Lack a Clear Prognosis

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Anna Nicole:

Playmate Hospitalized by Dumbbell

The playmate, the billionaire and the dumbbell

____________

Congress Restores Funding for Medicare - Clinton Threatens Veto

 

New Bankruptcy Opinions
(No new opinions today)

Japan:

Kyoei Life Files for Bankruptcy, $42 Billion in Debt - Ends Prudential Link

Japanese insurance company to file bankruptcy

Japan Takes Wraps off Massive Economic Recovery Program

AIG says formally appointed Chiyoda Life sponsor

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Yugoslavia:

Yugoslav Economy on the Brink of Meltdown

____________

Sweden:

reCulture AB Submits Bankruptcy Application

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Belguim:

Sabena Announces Major Restructuring to Deal With Financial Problems

___________

Heilig-Meyers Profits To Be Lower

Sia pleads not guilty to 6 more federal charges

Potential buyer to keep Telequest afloat; judge turns down executive's request to return to control

$1M-a-year pianist allegedly behind on alimony seeks bankruptcy protection

 

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