April 20, 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

         
U.S. Trustee starts playing hardball
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Power Utilities:

PG&E's Bankruptcy Boon for Lawyers
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CPUC to probe small generator duties
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Regulators open investigation into alternative power providers

Calif. Gov seeks federal help with power crisis
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Milbank Tweed to Represent PG&E Creditors
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Davis' gouging claims disputed
Officials say no link between PG&E bankruptcy, high prices

Calif. demands energy records from two generators
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PG&E leads, Edison follows

Davis might have to cut deal: After meeting with senators, the governor asks for a special panel to resolve grid-sale concerns
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Davis Backs Silicon Valley Power Project
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A dissenter on power-line buy
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Three raters now see Calif. debt rating under duress
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Frightened By California Experience, Nevada repeals power deregulation plan
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Lawyers Big Winners in Calif. Utility Legal Battle
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Edison Int'l top execs get no bonuses for 2000

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Subsidiary Of President Casinos, Inc. Files For Reorganization
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Tech slowdown claims more Las Vegas companies, workers edgy
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Intelligenesis Faces Dim Future, Preparing For Bankruptcy
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Bankruptcy judge approves piecemeal liquidation of Wilkinson bookstore firm
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  Bankruptcy Reform:

Summary of Consumer Provisions in Bankruptcy Bill

Study of Debtor Education Programs

How Going Bust Got Meaner
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Comparison of Senate and House Bills, Prepared by Davis Polk & Wardwell

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Telecoms:

Williams Says Winstar Bankruptcy May Hurt Wireless Expansion
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What If Lucent Faces More Lawsuits?
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Cash-strapped eGlobe goes bankrupt
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Convergent Communications, Inc. Files Voluntary Petitions For Chapter 11 Bankruptcy Protection
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Movie Theater Industry:

Theater Screen Count Suddenly Stops Dropping -- And That Might Be Bad News
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Junk bond default rate to hit 10-yr high, S&P says
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U.S. bankruptcies booming in economic downdraft
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U.S.A. Floral to Sell Domestic Operating Units and Stock of Canadian Subsidiary; Bankruptcy Court Approves Domestic Sale Procedures
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Investor sues Commodore Cruise chairman
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Leboeuf Plays Central Role in American- TWA Merger
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Former Florida bankruptcy court clerk sentenced for bribery
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Software supplier to Apple and others goes Chapter 11
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Court Agrees to Arbitration Of Involuntary Bankruptcy Petition Between Heritage SW Medical Group and Texas Blue Cross and Others
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New Bankruptcy Opinions
(2 new opinion today)

Friede Goldman Files for Bankruptcy
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Sacramento: Bankruptcy lawyer expands firm

Several Motions Postponed In Bridge Bankruptcy Case
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US Parts Announces Reorganization Efforts Through Chapter 11
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Dotcoms:

MarchFirst to sell some assets to Epic
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The Dot-Com Ad Hangover
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FTC Settles Kid-Privacy Charges With 4 Web Sites
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Raytech finally escapes bankruptcy
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Bankruptcy Judge: State court to rule on Carneal insurance suit
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Till Death (And Bankruptcy) Do Us Part
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Indonesia:

A Raw Deal For Big Creditors In Indonesia's Bankruptcy Courts
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Mexico:

U.S. slowdown adds to Mexican auto industry's woes
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Japan:

Debut of tougher accounting rules fraying corporate nerves
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8 stockholders sue ex-Sogo chairman, auditor for 8 mil. yen
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Police grill ex-Sogo chairman over assets
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Japan's bad loans put at $1,200bn  

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