July 24, 2001  

Daily Bankruptcy News

Brought to you by BKINFORMATION.COM - The Source for Business Bankruptcy Information on the Internet 

Also available on the Web (with links to the news stories)  at: http://bkinformation.com/News/DailyNews.htm

Prior editions available at http://bkinformation.com/bankruptcy_news.htm

         
Bankruptcy Buys, Back-Door Deals Heat Up
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U.S. Industries Gets $200 Mln in Bankruptcy Funding From CIT
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Court decision looms on Payless Cashways downsizing plan
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Bankrupt Movie Theater Chain Reaches Agreement for Repayment
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Isolatek Files Chapter 11 Bankruptcy Petition In Del.
(WSJ: separate paid subscription required)

Life Energy Technology Holdings Inc. announces the Divestiture of Health-Pak Inc., Subject To Bankruptcy Court Approval
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Bankruptcy Reform:

Sophisticated Freeloaders
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Congress is raising the bar on bankruptcy
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Bankruptcy bill and conference update
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Horizon Pharmacies, Inc. Files for Voluntary Bankruptcy Protection
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Amresco Announces Line of Credit Extension and Delisting
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Dotcoms:

Amazon.com: Was It Only a Mirage?
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EToys gets court OK to sell off assets in smaller pieces
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Webvan Slapped With Second Shareholder Lawsuit
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Scavengers circle Rebel.com's corpse
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Venture Capital: Sorry Returns
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Florida: Evergreen investigators hit dead end in search for many investors
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Pittsburgh Corning To Seek OK Of Key Employee Plan On Wed
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Prospective merger partner to lend Envisionet $375,000
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Savings coming back as a consumer priority
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Austin Hotel at Hot Springs files for Chapter 11 protection
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Consortium has little time to buy Black Diamonds team
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  Krause:

Krause sells outlets, awaits DIP
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Krause's patrons left in limbo by bankruptcy filing
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Power Utilities:

Plans filed to relieve Calif. power bottleneck
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Developments in California's energy crisis:
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Lawmakers adjourn without Edison deal
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Lehman cuts Edison Intl rating
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Reliant Energy Sues Calif On Failure To Pay For Pwr Pacts
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Bankruptcy May Be Unavoidable for Southern California Edison
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Out-of-State Energy Giants Seek to Claim Control of California Power Grid
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PG&E gets more time to file reorganization plan
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Washington Group's Disclosure Statement Faces Opposition
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Telecoms:

Wireless Spectrum's Fierce Fight
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Speculations Suggest Level 3 Bonds Purchase by Buffett
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360networks' lenders shy away
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CEO seen key to 360net survival
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ICG: Losses hit $2.8 billion
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Telecom junk bond investors' default losses surge
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One.Tel administrators up creditor dividend return range
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Can things get any worse for the telecom sector?
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Pliant - Termination of Sale Negotiations
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Resurgence Capital Partners, LLC Formed to Restructure Ailing 'Old Economy' Companies
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New Bankruptcy Opinions
(No new opinions today)

Resetting standards
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International Contract Manufacturing - Appointment of Receiver
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Spreading the pain: As loan defaults rise, banks shift some risk to individual investors
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Doctors Group's Losses May Be Sizable In Medical Select Management Failure
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Australia:

Tax-dodging lawyer in bid to evade expulsion

Why a bankrupted developer turned to the Liberals    

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England:

Insolvency experts call for improvements to international bankruptcy law
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Equitas Fights Rogue Asbestos Claims
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Charging it to the max - more women bankrupting
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Irving loses appeal on libel case: Controversial historian faces bankruptcy after ruling branding him a Holocaust denier is upheld
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Argentina:

Frenzy turns to fury over economy
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Costera Criolla went bankrupt
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France:

The Sword over Lyonnais

________________

Korea:

Hynix losses may prompt debt-to-equity swap
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_______________

Spain:

Spain Charges Sintel Managers Over Bankruptcy
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