May 30, 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

         
Maxicare:

Bankruptcy looms for Maxicare Health Plans
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California Maxicare files for bankruptcy
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Nasdaq requests more info from halted Maxicare
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Clouds but few storms fill credit card firms' future
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Chelmsford Attorney Charged With Bankruptcy Fraud, Reports U.S. Attorney
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Payday loan rules succeed
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Steelmaker gets cash infusion 

Media Contacts to Buy HookMedia Assets
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Lernout & Hauspie:

US judge returns Ex-Lernout & Hauspie CEO to jail
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From Ritz to R.I. jail cell
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Lernout CEO: I'll Waive Extradition
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A tobacco lawsuit stranger than fiction - Mississippi law makes the state the venue of choice for all sorts of tort actions, including the doubly odd Owens Corning v. RJ Reynolds
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Bankruptcy Reform:

Consumer issues urged for Banking Committee
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San Antonio: Law change, dour economy spur spike in bankruptcies

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Problems Mount for Lexington, Ky.-Based Internet Bookseller
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Movie Theater Industry:

Los Angeles-Based Investment Group Buys Dallas-Based Movie Theater Chain
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When dot-coms go belly up - The challenge of cyberbankruptcies: Assessing the not-so-tangible assets  

 

 

  Power Utilities:

Stop Finger-Pointing and Start Negotiating
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U.S. trustee again asks for PG&E ratepayer panel
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Circuit Dumps Power Suit Against FERC

PG&E ratepayers battle for voice
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PG&E wants OK to double top executives' pay

Farm influence sways state power policy
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Davis says he will sue FERC
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Debt dilemmas plague energy executives, ordinary workers alike
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Bush, Gov. Davis sound like Texas, California on energy
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Bush Says No to Davis Bid For Energy Price Controls
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Bush Says Energy Crisis Calls For Leadership
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The Blame Game for California's Energy Woes
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Crisis No Sweat to Some Offices / Many Offices Keep Cool in Crisis / Air Conditioners Blast in State's Energy Centers
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California Governor Faces Tough Challenges in Energy Crisis
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Anna Nicole:

Lawyers make their cases in Smith lawsuit
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Playboy bride Anna set to lose tycoon's fortune
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Legal tables turned on Anna Nicole Smith
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Memphis, Tenn.-Based Auto Service Chain Files for Bankruptcy Protection
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Former New Jersey Financier Faces Charges for Legal Fee Money Transfer To Bankruptcy Fraud Defense Attorney
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Tales from Teligent: Family sold $1B stake before fall

 

New Bankruptcy Opinions
(No new opinions today)

Supreme Court Puts Limits on Plaintiffs' Recovery of Legal Fees

Metrocall Merger Off; WebLink Goes Bankrupt
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Russell Brown Bankruptcy Trustee Chooses NCD
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Regal's junk bonds bought
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Korea:

GM revs up talks for Daewoo Motor
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China:

Court in Beijing Accepts Largest Bankruptcy Case 

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Japan:

Consumer Hopes Deflated by Japan's Economic Woes
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Japan's economic woes worsen
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Switzerland:

FIFA now believes ISMM stashed 90 mln sfr in hidden accounts, not 75 mln
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Orad Directors Beauvois, Schmid to Quit Amid ISMM Bankruptcy

Blatter's clinging on to job
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Canada:

Both consumer and business bankruptcies fell in April from March
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CIBC hurt by U.S. slowdown, bad loans to U.S. companies: $112M to failed Winstar
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England:

One of Britain's leading orchestras could be heading for bankruptcy
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