October 31, 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:

Bankrupt Grocery Chain To Sell

Supplier C&S Wholesale to Buy Grand Union

Supermarket chain, in Chapter 11, announces agreement to sell



San Francisco-based online pet store fires more than half of its workers, and some pets

A Dog's Life No More

Lawsuits target dot-com debts: Frustrated creditors' cases mount

Bankruptcy Lawyers Out Again Due to Stock Scare

Online Scorecard & Dot-Com Death Pool- ‘Independent’ healthcare e-commerce marketplaces growing in number again

Globeset employees say all 300 are laid off

The Next Wave: Overleveraged Broadband Providers

Online privacy will be a hot issue for the next Congress

Freeinternet.com's debt tops $30 million



Globalstar Loss Widens

A Rough Ride for Globalstar

Globalstar CEO says will make interest payments

Qualcomm Shares Dive on Globalstar Woes

Loral Struggles to Decouple From Satellite Fiasco

Bankruptcy fears hit Globalstar


Treasury To Sell Chemical Co. Stock Received By EPA Under Bankruptcy Plan

Reliance Group may file for bankruptcy


MicroAge: Court Proceedings To Continue Tuesday

Support Tech Outbids ULA For MicroAge Teleservices


Pro Air's grounding devastates residents

Jackson County, Ore., Managed-Care Health System Is Wiped out by Rising Costs



  Bankruptcy Reform:

Bankruptcy reform "killed or on life support"

In No Rush to Leave, GOP Leaders Vow No Capitulation to Clinton, But Bankruptcy Reform Is Not Even On The Agenda


IRS Can Seek Amex, MasterCard Records in Offshore Probe

Nursing homes could cut debt in half

Fruit of the Loom Hits Fried Frank With $80 Million Malpractice Claim

The saga of ICG's struggles

Bankruptcy Court Grants Imperial Home Decor Group Inc. Extension of Exclusivity in Its Chapter 11 Case

Slowdown triggers bankruptcy watch

Movie Theater Industry:

Too many movie houses leads to stalled projects



Loewen posts quarterly loss, nears completion of reorganization plan

Loewen reports third-quarter loss


Bankruptcy Journal: The Death of a Restaurant

Ailing Retailer Seeks Bonuses Heilig-Meyers Targets Executives

Tri-Valley Growers Return To Court To Confront Severance Package

Russian Bank Receives Assistance From U.S. Bankruptcy Court

Sacramento: McLaren/Hart sells for a song


Boeing Leads Unexpected Effort To Acquire Iridium LLC Assets In Bid Of $25 Million

Iridium Satphone Network Could Be Saved

$25 million offer for Iridium would put Boeing at wheel

Iridium Supports $25 Million Bid for Space Network

Iridium Seeks Court Approval Of $25 Million Offer For Assets





New Bankruptcy Opinions
(3 new opinions today)


National Ballet set to pirouette out of annual debt



S.Korean leader moves to prevent economic crisis

Hyundai Engineering & Construction Dishonours Bills

Hyundai Engineering Repays 70% of Overdue Loan

AIG still eyes Hyundai

Dong Chun Ferry goes bankrupt, stirring up problems

Dong-Ah Files for Bankruptcy, Hyundai Arm Avoids Fate



Natural Gas Prices Seen Forcing Massive Closures In Mexican Glass Industry


Jitney Jungle:

Bruno's Announces Plans to Purchase 17 Supermarkets From Jitney Jungle

Winn-Dixie to buy stores from Jitney Jungle

Bruno's to buy 17 stores Jitney deal demonstrates resurgence from bankruptcy

Jitney Jungle to Sell 89 Grocery Stores, 34 Fuel Centers And 5 Liquor Stores to Winn-Dixie And Bruno's

Jitney-Jungle- Sees Deal Closing Jan. 2001


Bid to halt Claridge Casino purchase

Smith Corona: Tapped Out

Dayton: Title agency sues local jeweler in bankruptcy court

FTC Suing First Alliance

Annapolis: Assisted-living home files for bankruptcy

Cincinnati: 3 firms split Cordage assets in bankruptcy auction

Honolulu: Former top 5 architects file for Chapter 11


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