September 13, 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

         
The GNI Group Seeks Chapter 11 Protection

Congress backs latest financial bailout bill for asbestos companies

ETS/PSA:

ETS Payphones Files Chapter 11

CORRECTED - Privately-held PSA, two affiliates file Chapter 11

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Stellex:

Stellex Technologies lists assets, debts in bankruptcy

Stellex Technologies, Inc. to Restructure Under Chapter 11 Protection; $36 Million Financing Commitment; Operations to Continue Uninterrupted

Stellex Technologies Gets DIP Financing For $36 Million

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Movie Theater Industry:

Silver Spring Project Seeks New Movie Theater Chain

Big Question About The Big Screens Developers, theater industry debate- Is LI overscreened-

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Aggregate Medicare Payments Are Adequate Despite Bankruptcies
(GAO Report - Adobe Acrobat Reader required to view)

Filing Bankruptcy Right After Big Expenditure Could Be Fraud

MSV Resources Plans Filing Under Bankruptcy Act

  Toysmart:

Magic Kingdom Sued for Toysmart Debts

Toysmart creditor targets Disney in lawsuit

Disney Sued By Toysmart's Ex-Ad Agency

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Living.com filing reveals asset details

Stone & Webster: The Stink Lingers

Gencor Reaches Last Minute Agreement To Reorganize

Bankruptcy Reform:

Gramm: Congress Must Move Forward On Bankruptcy Reform - "We simply need to push a little harder to get the job done."

Stricter bankruptcy regs will hurt little guy

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CRIIMI MAE Declares Dividend on Common Shares To Be Paid in New Series of Preferred Stock

Hearing to be Held on Disclosure of Credit Risk Scores to Consumers

Safelite AutoGlass Completes Financial Restructuring; Anticipates Emergence from Court Protection

Enamelon Consents To Voluntary Chapter 11 Filing

Algoma Steel scales back production, plans layoffs- battered by imported steel

 

 

 

New Bankruptcy Opinions
(4 new opinions today)

Japan:

Sogo faked deals with affiliate

Sogo launches fraud probe

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England:

Is the Dome worth it?

Labour ready to demolish Dome

Fresh call for Dome minister to quit

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Canada:

Bankruptcy Trustee charged with Breach of Trust

Indian Suits Over Schools Threaten To Bankrupt Churches In Canada

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Argentina:

The preventive bankruptcy of Soldati

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Tokheim Disclosure Statement

Heilig-Meyers Wins Approval of New Credit Program; Court Approves Liquidation Plan for Closing Stores

Chapter 9- Prichard plan OK'd by court Reorganization plan requires the city to pay back creditors 100 %

 

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