October 6, 2000 Daily Bankruptcy News

October 6, 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

Hanify & King Announces Toysmart.com License Availability Owens Corning: Owens Corning Files for Bankruptcy Protection Owens Corning Woes Hit Other Firms Owens Corning seeks court order vs. bank lenders A Look at Owens Corning Other firms facing asbestos suits see their bonds dive Owens Corning Files Voluntary Chapter 11 Petition To Resolve Asbestos Liability Collection Of Numerous Stories Regarding Owens Corning Filing Owens Corning Junk Bonds Dn 13 Pts On Bankruptcy Filing (WSJ: Paid subscription required) ____________ National Finance Corp. Former Workers Vow to Fight Reopening of National Finance Corp. NFC looking to resume operation ___________ Movie Theater Industry: Upping the Theater Ante No sign of curtain rising on Yonge/Dundas theatres Dickinson Theaters: DIP Financing Approved Troubled chain to keep theater open for now ___________ Analysts: ICG Lays Off Staff, May Be Headed For Bankruptcy	Farrel Fritz Attorney Ted A. Berkowitz Begins Reorganization Of Long Island Healthcare Corporation, Owner Of Island Medical Center A Bankruptcy Boom Is Starting To Have Ripple Effects (WSJ: paid subscription required) Bankruptcy will be back in the headlines, SMR predicts Metrocall's PageNet bid halted Telecomms: Once Bitten Should Be Twice Shy Dotcoms: Priceline Ally WebHouse to Close Doors, Ending Name-Your-Price Groceries Clouds Darken Over Priceline.com Clicks vs. bricks: A bankruptcy comparison 5th Largest ISP, Freei Networks Lays Off 90 PRICELINE WEBHOUSE said it plans to shut down (WSJ: paid subscription required) Napster's Still Breathing WebHouse Demise Raises Questions for Priceline US dot-coms going bankrupt faster than Europeans Europe: Rigid culture brakes e-commerce ISP CyberHighway faces involuntary bankruptcy ___________ Archdiocese of Chicago Says No Danger of Bankruptcy Geneva Steel sees end to bankruptcy	New Bankruptcy Opinions (No new opinions today) Japan: Ex-Sogo head transfers assets BoJ chief bullish on Japan; no rate hike seen ____________ Korea: Construction Sector Rife with Non-Viable Firms ___________ Petsec Energy reaches sale agreements worth $65 million FTC Files Lawsuit Against Mortgage Firm First Alliance DIMAC striving to get back into the black Holyoke: Nursing home remains open despite filing for bankruptcy Complete Management, Inc. to Sell Picker Vista Mobile MRI Unit At Public Auction Casinos: Las Vegas Of E. Coast' Gets High-stakes Bids Icahn Fights Rival Bid on Casino New Jersey Allows Sands Resort to Intervene in Bid for Bankrupt Casino Hotel Icahn fighting rival Park Place's bid to move in next door __________ J.C. Penney Warns of Possible Loss NCO Group to form new company, which will buy Creditrust Bankruptcy Court Approves Stalking Horse Contract For Joan and David Weather Forecast: Enter City, State, or Zipcode: