April 10, 2001 Daily Bankruptcy News

April 10, 2001 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/News/DailyNews.htm

Power Utilities: Firms Tackle PG&E's Bankruptcy (DBN Subscription Required) SCE and Governor Reach Agreement on Plan To Restore Utility To Financial Health (DBN Subscription Required) Generators Scrambled to End Pacts With Utilities (DBN Subscription Required) PG&E Bankruptcy May Be a Blessing in Disguise (DBN Subscription Required) First Bankruptcy Court Appearance for PG&E (DBN Subscription Required) Pacific Gas and Electric Company Receives Court Approval of Second-Day Motions (DBN Subscription Required) Calif. put on power alert due to cold weather (DBN Subscription Required) Some Answers to Our Energy Problems (DBN Subscription Required) Standard & Poor's Affirms PG&E National Energy Group 'BBB' Rating (DBN Subscription Required) Bankruptcy risk for second US utility (DBN Subscription Required) Federal Agency Convenes Energy Confab With 11 States (DBN Subscription Required) California power crisis far from over, official says (DBN Subscription Required) Bankruptcy Filings by California Utilities Bad News for Some Banks (DBN Subscription Required) PG&E Unit Bankruptcy Ripples The Judge and the Bankruptcy Law Facing PG&E (DBN Subscription Required) Leaders threaten to seize power contracts, plants (DBN Subscription Required) Energy Official Asks Aluminum Smelters to Shut Down (DBN Subscription Required) Merrill says PG&E Chapter 11 won't affect GE (DBN Subscription Required) Judge lifts order halting TWA merger (DBN Subscription Required) Attack of the Killer Utilities (NYT: free registration required) Bankruptcy Filing Threatens Tax Bases (DBN Subscription Required) Fed Agency To Discuss Power Demands (DBN Subscription Required) Calpine says PG&E in breach of power contracts (DBN Subscription Required) Negotiations continue between state and SoCal Edison PG&E receives court approval to continue paying suppliers, creditors (DBN Subscription Required) ______________ PG&E in Court Clash / Utility, PUC wrangle over debt hearing on bankruptcy (cont. in next column)	Bankruptcy Reform: Small business sees big problems in bankruptcy bill (DBN Subscription Required) Bankruptcy bill a dud (DBN Subscription Required) New U.S. bankruptcy rules questioned locally (DBN Subscription Required) 'Emphasis on borrowing' disappoints lender critical of reform efforts (DBN Subscription Required) New bankruptcy laws are no panacea and might do more harm (DBN Subscription Required) Why bankruptcy is about to get tougher (DBN Subscription Required) ______________ Republic bankruptcy could hurt Blackstone (DBN Subscription Required) W.R. Grace name exec to oversee restructuring (DBN Subscription Required) Asbestos: Broken system (DBN Subscription Required) Local creditors filing forces Austin telecom firm into bankruptcy court (DBN Subscription Required) Hollywood faces lender and accountant scrutiny (DBN Subscription Required) After third full day of deliberations, still no verdict for Brennan (DBN Subscription Required) Dotcoms: Dotcom disasters hit a new record (DBN Subscription Required) Cut! Cameras, business stop rolling at Clipscom (DBN Subscription Required) _______________ National Boston Medical Plan Of Re-Organization Confirmed (DBN Subscription Required) The New Derivatives Economy (DBN Subscription Required) Telecoms: 'Last mile' plagues telecom industry (DBN Subscription Required) Globalstar Reveals Mounting Woes That May Spur Bankruptcy (DBN Subscription Required) _______________ Dissolution offers way out without credit-record stain (DBN Subscription Required) A Splurging America Is Borrowing Trouble (DBN Subscription Required) Tampa: Stampede heads to bankruptcy court (DBN Subscription Required) Power Utilities (cont.): Calpine says has $267 mln in accts. receivable with PG&E (DBN Subscription Required) Pacific G& E, SoCal Edison Under Ratings Pressure (NYT: free registration required) _____________	New Bankruptcy Opinions (2 new opinions today) TWA: Despite appeal, AMR to seal TWA deal (DBN Subscription Required) American Airlines Completes Acquisition of Trans World Airlines (DBN Subscription Required) Joy Mixes With Tears at TWA (DBN Subscription Required) ______________ MoFo to Revamp Pay Structure for Associates - Firm to end lock-step salaries as of 2002 (DBN Subscription Required) Thermadyne's auditor has doubts it can continue (DBN Subscription Required) Bankruptcies up sharply in Massachusetts (DBN Subscription Required) Cash shortage slowing venture-backed IPOs, M&A deals (DBN Subscription Required) L&H to sue Korean banks, former executive over 'faked' sales (DBN Subscription Required) Bridge: Reuters looking at Bridge? (DBN Subscription Required) Reuters considers bid for Bridge assets (DBN Subscription Required) Bridge Info to sell 55% in Australian unit (DBN Subscription Required) _______________ IGlobal files Chapter 7 as parent Novo fights to stay afloat (DBN Subscription Required) Boston: Lawyer's alleged swindle reportedly rises to $16.7M - Cases stayed by bankruptcy IRS shifts from 'no excuses' to 'let's make a deal' (DBN Subscription Required) Bush Proposes Cuts in Fraud Enforcement (DBN Subscription Required) Canada: Smart Air parent makes bankruptcy debt deal (DBN Subscription Required) ______________ Australia: Bankrupt barrister spent $300,000 but can't remember how _________________ England: Baker Tilly in bankruptcy wake-up call to City (DBN Subscription Required _______________ China: Telecom industry could see bankruptcies after WTO entry (DBN Subscription Required) ______________ Weather Forecast: Enter City, State, or Zipcode: