February 13, 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

         
Bankruptcy Reform:

Bankruptcy Reform Bill Summary and Status
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Both the House and Senate intend to push bankruptcy reform this week
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Let Your Elected Representative Know What You Think About Bankruptcy Reform
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Rewriting the Rules on Bankruptcy
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House Financial Services Committee Won't Mark Up Bankruptcy Legislation

Legislation Markup Scheduled This Week in House, Senate

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Einstein/Noah:

New twist in bagel bankruptcy saga
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Einstein/Noah Bagel Corp. Seeks Court Approval of Sale Of Assets to Affiliate of Three Cities Fund III, L.P
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Einstein ends a menu item for survival
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Economy:

Greenspan to Say Economy Slowing
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Court Approves Garden Botanika's Retention of Buxbaum Group as Liquidation Manager
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Bankruptcy Court OK's Athey Products/Alamo Group Deal
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Movie Theater Industry:

Sony, Universal may lose big on Loews as prepack deal brews
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Loews Takeover Bid Shows Hopes For Digital Cinema
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Shares of troubled Loews halted for several hours amid rumours of Onex deal
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Dotcoms:

Plan B for PlanetRx.com
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Z.com latest Net casualty
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Chiquita woes land on American Financial step
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Debt smothers U.S. youth
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Bankrupt Atlanta Hospital Nears Deal to Be Acquired by Healthcare Firm
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Telecoms:

Unexpected Payments Buoy E.spire
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Equipment glut ushers in broadband
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Nasdaq To NorthPoint: 'Hit The Road, Jack'
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Battered startup telecom operators may be a good buy
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Orbcomm Seeks Bankruptcy Court Approval To Auction Assets As Going Concern
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  Power Utilities:

U.S. federal judge denies Socal Edison rate request
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Judge Bars California Utility From Lifting Rates
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California federal court ruling pushes SoCal closer to bankruptcy
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SRM-ENCO LLC Buys Edison Utility Service From Edison International
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Mirant CFO: Bankruptcy of Utilities and Independent System Operator Is Option For Credit Committee
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Williams Isn't Yet Eyeing Bankruptcy For California Utilities
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Edison shares fall on judge's ruling
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AES finds investment in California plants pays off
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Calif. should avoid long term power contracts
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California generators form creditors committee
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SoCal Edison: May Not Pay $236 Million Overdue on Notes
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Lawsuit Could End California Power Crisis, Study Says; California's Energy Future Rides on Judge's Decision
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Calif. eyes power cost suit in fifth week of alert
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Electric power interruptions curtail California oil and gas production
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Wash. utility, companies reach accord on power prices
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California Utilities Want Suit Against Public Utilities Commission to Proceed
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Coalition of Activists Joins Power Debate
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No Quick Relief for Calif. Amid Power Crisis
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Edison Defends Tax Payment to Parent
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Energy Leaders Say More Power Sources Needed, Decry Price Caps
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Paracelsus Healthcare Corp. - Status of Chapter 11
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Anna Nicole:

Aging Tycoon Put Me on Pedestal, Says Ex-Stripper
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Judge reinstates countersuit against Smith
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Cerberus Partners Responds to Coram Equity Committee's Press Statement and Motion
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Flying Bottles Greet Bankers As They Attempt to Oust Company's Popular CEO
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Trenton, NJ: New Governor Faces Questions About Bailout on Defaulted Loan
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New Bankruptcy Opinions
(2 new opinions today)

Crown Books:

Crown Books re-enters Chapter 11
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Crown Books Files Again for Chapter 11 Bankruptcy Protection
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Crown Books Again Files for Bankruptcy, Citing Soft Sales
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Venturi Tech Files For Chap. 11 Bankruptcy Protection
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Trustee sought for L&H's Dragon unit
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Too Many Retailers, Not Enough Shoppers
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What Makes GCs Mad
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Steel Industry:

Bethlehem Steel to raise up to $170M
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Geneva Sets Its Sights on Higher Prices
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Oread employees swallow bitter pill - Company to file Chapter 11
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Zale Shares Drop Sharply After CEO Quits, Earnings Report Delayed
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Hockey Team Files Chapter 11

Ex-Rancher Hoyt Guilty in Cow Scam
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Icahn again extends Reliance bond offer deadline
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Restructuring . . .

Quokka Cuts Staff by Almost 60%
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MarchFirst reports $6.8 billion net loss
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Lucent Credit Ratings Cut to Near Junk
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Japan:

Court decision means liquidation of 3 Sogo outlets
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England:

New Law Will Remove Stigma of Bankruptcy
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Fighting back . . . shop owner ruined by mix-up over names 'Bankruptcy is tough - you lose it all and no one wants to know you'
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Brits Change Bankruptcy Law to Encourage `Risk-Taking' Business Culture
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Mexico:

SportsYa! Denies Reports Of Imminent Bankruptcy
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