September 10, 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

         
Law Firm Restructuring:

More Signs of Trouble at NY Firms
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Schulte Guarantees Bonus, Cuts Amount
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George Young:

Bankruptcy Judge Approves Cattle Selloff
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Young cattle lose value
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Bankrupt Big V talks deal with possible suitors
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Payless Cashways creditors seek `responsible officer'
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Reliance Insurance Gets Deadline
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The Return of the Wall Street Vulture

DMI telemarketing firm files for Chapter 11 bankruptcy
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Home Truths about Equity Loans

Steel:

Steelworkers Announce Tentative Deals with Titan International Inc., Potentially Ending Historic Strikes
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Weirton Steel Cutting 550 Jobs
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Thousands more Corus jobs 'at risk'
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Rival may become bankrupt StairMaster's master

Tower Records:

Tower Records to default, may file bankruptcy, in one month
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New blow raises fears over Tower Records
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Moving a mountain of debt - For some, consolidation loans dig the hole deeper
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Going under - week of Sept. 3, 2001
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Dotcoms:

Bankruptcy Court Sets Date for Standard Media Asset Sale
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Votenet Buys eContributor.com Assets for $190K
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`Structured finance' technique an asset in bankruptcy

Wealthy get bulk of farm subsidies
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IRS Tells Federal Employees To Pay Up

Time short to get student loan help
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Bankrupt Schwinn/GT Receives Bids to Acquire Cycling and Fitness Divisions
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Midway:

Judge Approves Loan for Bankrupt Midway Airlines
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Midway Airlines' Common Stock to be Delisted by Nasdaq
(WSJ: separate paid subscription required) 

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Brunei: Mystery of Amedeo's missing canines
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Brennan sons drop claim for trust funds

 

  Power Utilities:

Relief in California as Summer Blackout Threat Recedes
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Davis Upbeat on $2.9-Billion Edison Plan
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Davis tells lawmakers to compromise on bailout plan for Edison
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California's Electricity Bailout Plan May Cause More Problems
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California Manufacturers Incensed by Proposal to End Private-Power Pacts
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Edison: Still a 'long way to go' on rescue package
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Pacific Gas & Electric Objects to Electricity Cost Proposal
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SCE rescue bill now faces its most daunting battle
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Memo From Wall Street: Even Harder Path Ahead
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Vultures of the New Economy - Investors Are Buying Ailing Firms' Debt In Hopes of Cleaning Up on a Rebound
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EBIZ Enterprises Makes Voluntary Chapter 11 Filing
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Telecoms:

Lucent sells $90 million in telecom equipment on online auction
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Backers' hesitation may bankrupt Metromedia Fiber
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Metromedia Warns of Bankruptcy
If It Can't Wrap Up Financing
(WSJ: separate paid subscription required)

There's rich pickings for the vultures as high-flying telecoms firms fall to earth
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Cogent To Acquire Bankrupt NetRail
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ATSI Commun, Bankruptcy Trustee In Interim Operating Pact
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Surviving the storm
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Debt reduction in telecom area may hurt stocks
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Bankrupt Fruit of the Loom said to find buyer
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Asbestos ills haunt mining town
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American consumers hit $7 trillion debt wall
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As bankruptcy nears, creditors should get `in the zone'

L&H May Shut Down Monday
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Raleigh: Med Covers files for bankruptcy

Dallas-Based Tech Consulting Firm Files for Bankruptcy Protection
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Communication can be the key to keeping rents paid instead of losing them to bankruptcy

Buyer of EnvisionNet outlines next phase
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Lenders forge fast sale of bankrupt Excaliber

 

 

New Bankruptcy Opinions
(1 new opinion today)

Bankruptcy Jobs
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Bankruptcy Court Web/Pacer Site Directory

Bankruptcy Reform:

Congress Debating Bankruptcy Reform
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Congress moving to pass tougher bankruptcy law

Bankruptcy Fraud Rises as Economy Falls Survey Discloses That Overseers Know of Fraud
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Washington Group:

Judge nullifies WGI-Raytheon stock agreement
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Raytheon: Crt Action Has No Fincl Bearing On Sale
(WSJ: separate paid subscription required)

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France:

Moulinex Seeks Bankruptcy Protection After Funding Talks Fail
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Moulinex Files for Bankruptcy
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Moulinex given deadline

Snub spells bankruptcy move by Moulinex
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Israel:

Software house Rosenet petitions court for liquidation
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Australia:

Australian Net Company LibertyOne's Chests Empty
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England:

Meltdown
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Dodge the debt trap by switching loans 

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Japan:

Economic troubles still plaguing Japan
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Breaking the mould: Japan's corporate restructuring is proving painful for much of the economy
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Who's afraid of the big bad loan? Not me
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Canada:

Churches must pay victims of abuse: survey
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B.C. man wins suit against zealous debt collector
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High card losers
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Brunei:

Mystery of Amedeo's missing canines
(DBN Subscription Required)

Amedeo 'power' battle goes to court on Monday
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