September 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:


Globalstar Gets More Life With Cash Infusion

Orbital Sciences CEO Says Orbcomm Can Be Saved


Movie Theater Industry:

Theater Chain Considers Bankruptcy

General Cinema Parent Mulls Bankruptcy Filing

Movie Projector Company Wages Battle Against the Theater Industry's Perfect Storm

Why Bankruptcy Is Playing at Local Theaters

CACI International To Replace General Cinemas In S&P SmallCap 600

Theater operator reeling financially



Metrocall details new bid for PageNet

Metrocall Submits Fully Funded Proposed Terms for Acquisition of PageNet

Nextel, Others Help Metrocall in Its Bid to Buy Paging Network


Pro Air:

Pro Air Forced to File Chapter 11 Bankruptcy

Pro Air's next step is to file for protection

FAA grounds Pro Air for "unairworthy" planes


TWT purchase goes to court

Activist files bankruptcy papers again - for his church

Court Finally Decides Fate Of Homestead's 14th-Hole

  BKINFORMATION.COM Commences Coverage of GNI Group Case


ICG extends freefall after CEO, directors quit. Bankruptcy coming?

Top Executive, Two Directors Resign at ICG


U.S. Trustee To Hire Auditor In AmeriServe Ch. 11


Heilig-Meyers Appoints Paige Wilson as Executive Vice President And Chief Financial Officer

Heilig-Meyers to Dispose of 300 Retail Leases Nationwide



SHORT CUTS Inc. Cuts 50 Jobs To Save Cash

Expedia Rewrites Privacy Rules

Pseudo Gone For Real


Premiere Cruise:

Ship's stay may be lengthy

Cruise line's bankruptcy leaves some passengers high, dry

Crew of bankrupt cruise line stranded in Halifax as creditors line up


'90s buyout Specialty Foods enters bankruptcy

Fruit of the Loom- Hearing to determine when,not if, taxes will be paid

Houston-Based Health Care Firm Files for Bankruptcy

Retail Leases- Expects 3 Auction Dates



New Bankruptcy Opinions
(____ new opinions today)


Japan's Mutsu-Ogawa Collapses With Y185.2 Billion Liabilities

Troubled contractors cannot put off the final reckoning

Sumitomo Bank brokered Kumagai Gumi bailout



Canadian diocese to vote on declaring bankruptcy



Korean Government Blamed For Inviting Economic Crisis


Czech Republic:

Having averted bankruptcy proceedings, Kovopetrol has to face the danger again

The regional business court makes a bankruptcy order against Tchecomalt Group


Pathmark Completes Reorganization

Computer glitch forces Bergen nursing home to file for Chapter 11

Tomahawk Corporation - Files for Restructuring

Specialty Foods Files Bankruptcy Petition After Sale Of Cookie Units

Champion closing 41 outlets

Mergers, global competition bring new round of restructuring


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