March 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

         
Power Utilities:

California Panel to Order Utilities to Make $1 Billion in Back Payments
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800,000 Lose Power in California As Blackouts Roll Across the State
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California Grid Keeper Orders Blackouts as Power Supplies Dwindle
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Suppliers may force Calif. utilities into bankruptcy
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Power cuts return to California with summer gloom forecast  

Duke executive sees California power supply crunch
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They're back ...

Low supplies, warming weather put Calif. on power alert
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The Domino Effect: 7-Eleven Profit Will Be Hurt by Energy Costs
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Barden wins three Fitzgeralds casinos
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Ieper Court To Rule On Disputed Claims Versus L&H April 17
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Dotcoms:

jobs.com files for bankruptcy
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The Ghost of eToys Past
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Philly Chamber's online recruitment buddy is bankrupt
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CyberCash to delist from Nasdaq
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Esquire Communications Ltd. Files Chapter 7 Bankruptcy
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Books-A-Million Assumes 18 Crown Books Leases
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Justice Department Confirms Investigation of Creditrust Involves Pre-Bankruptcy Activities And Does Not Involve NCO
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PSINet:

PSINet Says Its Stock May Become Worthless
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PSINet to restructure debt, sell unit
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PSINet May Have Run Out of Air
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PSINet/Assets: Foreign Telecom Cos Possible Buyers
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Bankruptcy Reform:

Effective dates of reform legislation
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Bankruptcy law poses threat to mansions
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Bankruptcy Overhaul Hits Needy As Well As Greedy
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Bankruptcy reform bill sparks fears
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How new bankruptcy law hurts those deep in debt
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Letters To The Editor: Bankruptcy Reform
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Bankruptcy bill ignores causes of money woes
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Homestead amendment decreases probability of bill's passage
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How going bust got meaner
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Bankruptcy 'stampede' predicted
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Senate Includes Data Privacy Clause In Bankruptcy Bill
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Bankruptcy Reform Bill Cited As Evidence That "Soft Money Matters"
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``These investors didn't write their checks out of a sense of patriotism. They are looking for something in return -- and they are getting it.''
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From W. with love - Bush delivers for business, bashes labor--and reminds the country how conservative he really is
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Bankruptcy Specialist, Paula Langguth Ryan, Shows People How to Recover From -- and Avoid -- Bankruptcy
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Carroll, Burdick Gets Creative with Associate Bonuses
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US Diagnostic Inc. Announces It Will Seek Debt Restructuring
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Dallas: NAB Asset Corporation Announces Agreement, Plans To Solicit Prepack
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RSL Communications, Ltd. Commences Insolvency Proceeding in Bermuda
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Metrocall Closer Than Ever To Bankruptcy
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Bankruptcy Judge Bars Retirement Group AARP from Suing Irvine, Calif.-Based Lender First Alliance
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New Bankruptcy Opinions
(2 new opinions today)

Harrah's

JCC Holding's $423M bailout package OK'd
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Reorganization of Harrah's OK, barring 'complications'
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Declining Legal Help - Virtual law web sites were good idea nobody bought
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Vencor to Pay $104.5 Million To Settle Federal Fraud Charges
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Personal bankruptcies soaring
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Court Confirms Plan of Reorganization for Imperial Home Decor Group; Company Will Soon Emerge From Chapter 11
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Armstrong Worldwide wins reprieve
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Drypers:

Drypers Corp. completes sale of North American operations
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DSG International Buys Drypers N.Amer Assets For $38.5 Million
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Digging your way out of debt - Americans used the '90s boom to load up on credit. Now the bill is coming due
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Restructuring . . .

Bio-Plexus Inc To Undertake Recapitalization and New Financing Plan
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Canada:

Canada's biggest liquidator in high demand when economy sags
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Japan:

Interest rate cut to zero as Japanese tighten their belts
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China:

World Bank Publishes Report On Bankruptcy Of China's Enterprises
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