October 26, 2000 Daily Bankruptcy News

October 26, 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

NextWave: Because Of Recent Conflicting Court Decisions Congress Considers Delay of FCC Auction Of NextWave's Wireless Licenses FCC's NextWave License Auction Undeterred By Ruling In Similar Case The Opinions: GWI and NextWave ______________ Asbestos: Halliburton stock hit by engineering slowdown and asbestos concerns, plans internal reorganization _____________ Dotcoms: Clinging to Silicon Alley’s wreckage California smiles on in the dot-com massacre Layoffs leave dot-com workers shaken Entrepreneurs Find Lessons in Failures ____________ Movie Theater Industry: State's Cinema Building Boom Fading To Black Tampa, Fla., Developers Look to Shield New Mall From Theater Industry Woes _____________ Buyer of Elias Big Boy upbeat Vencor Receives Court Approval to Extend Maturity of Its Debtor-In-Possession Financing Panel set to review judge applicants; Bangor bankruptcy court post to be filled Family Health Care- Company No Longer Intends To File Bankruptcy Mossimo: Irvine Co. sues for unpaid rent Students Won't Be Monkeying Around After Playground Equipment Company Goes Belly Up Nu-kote Emerges From Chapter 11	Bankruptcy Reform: Down To The Wire: Congress moves into 'crunch time' ____________ Study Finds Companies With Multiple Write-Downs Four Times More Likely To File Bankruptcy Bond defaults mount Dropping quality of corporate credit concerns economists Reliance Group Holding Bankruptcy Coming? (WSJ: paid subscription required) Lynn Butler, Former Texas AG Bankruptcy Lawyer, Opens Bankruptcy Firm Anna Nicole: Defendant's Lawyer On Playmate's $450 Million Bankruptcy Court Judgment: “the modern equivalent of a Star Chamber proceeding in which the accused is presumed guilty and foreclosed from presenting evidence in his defense.” Judge rejects mistrial in Playmate case _____________ What's The World Coming To? Ads For Super Priority Loans? Breider, Moore & Co. Announces Super Secured Priority Loan Opportunity Xerox shares fall despite turnaround plan Allied Digital Technologies, 4 Affiliates File For Ch 11 (WSJ: paid subscription required) Lawrence, Kan.-Based Farm Co-Op Encounters Financial Trouble - Needs to Sell Assets Family Health Care: HMO System's Failure Owners sucked Magil dry- bankruptcy trustee accuses the ex-owners of Magil Construction of siphoning more than $20 million out of the firm Champion to Acquire Assets of Huntington, WV Cordage Paper Division Pursuant To Bankruptcy Bid Development groups planning new life for shuttered Detroit hotel - Bankruptcy court to decide fate	New Bankruptcy Opinions (No new opinions today) Japan: Japan's Sogo courts creditors with revival pan Sogo Seeks Waiver Of Most of Its Debt Japanese Store Sogo To Consolidate Sogo faced with hard sell over restructuring plan Failed Japanese department store Sogo to reduce stores, jobs ____________ Canada: Living on brink of bankruptcy _____________ France: Chromaline Europe SA In Liquidation ___________ Belguim: Sabena mulls capital hike; denies imminent bankruptcy; no aid from Belgian gvt ____________ Mexico: Tribasa 3Q Report Delayed; Creditors Agree To Third-Party Due Diligence ____________ Korea: Daewoo Motor runs out of road _____________ Czech Republic: Eight firms from the group Z-Group are endangered by bankruptcy proceedings ____________ Tokheim's Restructuring Plan Effective as of October 20, 2000 Nettel Converts To Chapter 7 Milwaukee Hospital Shuts Down Microbest, Inc. Petitions for Dismissal Under Chapter 11 Weather Forecast: Enter City, State, or Zipcode: