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Westminster Global Crossing office will close
Rocky Mountain News, CO  28-Aug-03
Workers were told of the changes Wednesday. Global Crossing has been in Chapter 11 bankruptcy protection for 20 months. Relocation

From The Economist print edition
Economist (subscription), UK  28-Aug-03
MCI, the renamed WorldCom, has not wasted time in the bankruptcy courts. It has purged management, agreed to big governance changes

Delta CEO Mullin navigates a complex, turbulent course
USA Today  28-Aug-03
1 and 2 carriers, forced out by union revolts, casualties of the turmoil that pushed United into bankruptcy court and American to the brink.

EPA wins suit vs. WR Grace
Helena Independent Record, MT  28-Aug-03
through Dec. 31, 2001. The company filed for bankruptcy just days after the federal agency filed its lawsuit. Kootenai Development

Armstrong requests bankruptcy extension
Billings Gazette, MT  28-Aug-03
LANCASTER, Pa. -- Armstrong World Industries Inc. has again asked the US Bankruptcy Court to extend the time when only it can propose a reorganization plan.

Financial world awaits Kmart quarterly results
Detroit News, MI  28-Aug-03
like Richard Hastings say they do not expect any financial surprises, they are curious about how Kmart has fared since its May 6 emergence from bankruptcy

Air NZ reports turnaround but warns of difficulties without
ABC Online, Australia  28-Aug-03
The company's investment in Ansett had turned horribly sour and until the Government bailed it out, it was within hours of declaring bankruptcy.

Special Metals workers told not to report
Huntington Herald Dispatch, WV  28-Aug-03
Special Metals has been in Chapter 11 bankruptcy protection since March 2002. It has 10 facilities in the United States, five of which are unionized.

TC Direct Files for Chapter 11
DM News, NY  28-Aug-03
TC Direct Inc, filed for Chapter 11 protection Aug. 15 in the US Bankruptcy Court District of New Jersey in Camden, NJ. TC Direct

State told of advantages in dam purchase
Barre Montpelier Times Argus, VT  28-Aug-03
The firm filed for bankruptcy protection from its creditors last month, listing assets of $1.8 billion and debts of $1.7 billion.

Bankruptcy Filings on the Rise
WTWO, IN  28-Aug-03
Another sign of tough times as the number of people filing for bankruptcy is on the rise. According to the American Banrkuptcy Institute

WTO Talks Break Down
Washington Post, DC  28-Aug-03
WR Grace & Co., the Columbia-based firm that sought bankruptcy protection in 2001 after being swamped with asbestos-exposure lawsuits, must pay $54.5 million

Mirant reports loss of $28 million in 1st quarter
Atlanta Journal Constitution, GA  28-Aug-03
It said the increase was due to increased power sales and higher prices. Mirant filed for Chapter 11 bankruptcy protection from creditors in July.

US Corp Bonds-Spreads tighter in anemic trading
Reuters, UK  28-Aug-03
WorldCom, now renamed MCI, filed the largest bankruptcy in history last year amid an accounting scandal. The company said it does

Anchorage tour company owes $800000 to creditors
Fairbanks Daily News-Miner, AK  28-Aug-03
An Anchorage-based tour company that abruptly closed last month owes nearly $800,000 to creditors, according to documents filed with the US Bankruptcy Court.

Coal Company Files Bankruptcy
WKYT, KY  28-Aug-03
Earnest Cook and Sons Mining has filed for bankruptcy protection, almost three years after buying the former Golden Oak Mining Co.

Horsehead asset sale to US Zinc collapses
Reuters, UK  28-Aug-03
Industries Inc. said Wednesday it had withdrawn a proposed plan from bankruptcy court to sell its core assets to US Zinc Corp. after

Firm in bankruptcy shares partner with Hill View bidder
New Castle News, PA  28-Aug-03
A local nursing home company in federal bankruptcy proceedings shares a partner with the firm interested in buying Hill View Manor.

Genuity's shut-down plan jilts stockholders
Boston Business Journal, MA  28-Aug-03
and some of is subsidiaries on Tuesday filed their joint liquidation plan with the United States Bankruptcy Court for the Southern District of New York.

Bankruptcies choke gem industry
Business Standard, India  28-Aug-03
The practice of declaring ‘uthamana’ (bankruptcy) and closure by several diamond cutting and polishing units have put into peril the industry which

Skunk to run through Labor Day
Fort Bragg Advocate-News, CA  28-Aug-03
Council members also provided direction to city staff that lines of communication with the railroad and bankruptcy trustee Mike Meyer be left open and closely

Drawbridge seeks Chapter 11
Kentucky Post, KY  28-Aug-03
Mitchell home to hundreds of family celebrations, years of political history and innumerable conventions and reunions, filed for Chapter 11 in US Bankruptcy

Federal-Mogul seeks new investor
Miami Herald, FL  28-Aug-03
a 90-day negotiation period during which it hopes to secure a deal with Citigroup Venture Capital Equity Partners as part of its plan to emerge from bankruptcy

Bankruptcies up 16% in July
Puerto Rico Wow, Puerto Rico  28-Aug-03
The number of individuals and businesses filing for bankruptcy in July 2003 was up 16% from last July, according to industry newsletter “Boletin de Puerto

Aquarium tax issue settled
Denver Business Journal, CO  28-Aug-03
ex-owner, which now operates under the name COJ Liquidation Inc., agreed to pay $150,000, according to an order filed in mid-August in the US Bankruptcy Court

Court Approves Burlington's Dissemination of Disclosure Statement
Yahoo News (press release)  28-Aug-03
28 /PRNewswire-FirstCall/ -- The Bankruptcy Court has approved the Company's disclosure statement setting forth the terms of its Plan of Reorganization and

Business Editors/High-Tech Writers
Business Wire (press release)  28-Aug-03
28, 2003--Representing another major step toward chapter 11 emergence, Acterna Corporation today announced that the US Bankruptcy Court for the Southern

Georgia Blue Chips
Atlanta Journal Constitution, GA  28-Aug-03
Chicago --- A US Bankruptcy Court judge ruled Wednesday that Mirant Corp. can pay General Electric Co. unit General Electric Capital Corp.

Touch America workers to get federal training aid
Great Falls Tribune, MT  28-Aug-03
said. On Tuesday, Touch America asked a bankruptcy court to let it guarantee additional payments and bonuses to key employees. The

Moves against Fischer halted
Prague Post, Czech Republic  28-Aug-03
In a sign that the Fischer bankruptcy saga may be coming to an end, nearly all bankruptcy proceedings against two of travel magnate Vaclav Fischer's companies

Subsidized apartments drop bid for bankruptcy
Cleveland Plain Dealer, OH  28-Aug-03
Owners of Carter Manor Apartments have asked a court to dismiss their bankruptcy case because they cannot come up with a reorganization plan for the property.

Group gathers both acolytes, doubters
Albany Times Union, NY  28-Aug-03
According to court papers, Raniere tried unsuccessfully to have the bankruptcy filing of Toni Natalie dismissed in US Bankruptcy Court in the Northern District

Back-to-School Boosts Retailers
Newsday  28-Aug-03
received bankruptcy court approval to extend by another six months its exclusivity to file a reorganization plan and gain creditor support.

Coal company files bankruptcy
Louisville Courier Journal, KY  28-Aug-03
WHITESBURG, Ky. — Earnest Cook and Sons Mining has filed for bankruptcy, almost three years after buying the former Golden Oak Mining Co. out of bankruptcy.

American Pad & Paper sold, exits bankruptcy
Bizjournals.com  27-Aug-03
Crescent, an Atlanta-based private equity firm, also said American Pad & Paper has completed its reorganization under Chapter 11 and has exited bankruptcy, as

Melnyk: 'The team will be staying in Ottawa'
ESPN  27-Aug-03
Inside was a crystal puck, engraved with the words, "The Dawn of a New Era.". Billionaire Eugene Melnyk rescued the Senators from bankruptcy.

TransForce drives through another trucking acquisition
Montreal Gazette, Canada  27-Aug-03
The Calgary company's US parent, Consolidated Freightways Corp. of Vancouver, Wash., has been under bankruptcy protection since last September.

Comedian Davidson "faces bankruptcy"
Digital Spy, UK  27-Aug-03
Comedian Jim Davidson is facing bankruptcy after a row with a tax officer about outstanding payments. Davidson, 49, was told he

Moscow Arbitration prolonged bankruptcy proceedings for Elbim-
Gateway 2 Russia, Russia  27-Aug-03
Moscow Arbitration has prolonged the term of bankruptcy proceedings for Elbim-Bank till December 2, 2003, sources with the court said.

Photographers in bankruptcy
Middletown Times Herald Record, NY  27-Aug-03
Poughkeepsie – Wedding photographers Mike and Kathy DeRubeis have filed for Chapter 7 bankruptcy protection, throwing another hurdle in the paths of dozens

Andujar accused of tax fraud
Vineland Daily Journal, NJ  26-Aug-03
grand jury tacked on 21 additional tax charges Tuesday to an existing indictment involving a controversial Vineland physician already accused of bankruptcy

Fleming to close: Supervalu to acquire facilities Sept. 6, close
Lacrossetribune.com, WI  26-Aug-03
It's a very nice facility," he said. Fleming filed for bankruptcy protection in April after cutting ties with its largest customer, Kmart Corp.

CWA Asks Bankruptcy Judge to Appoint Examiner To Investigate
Yahoo News (press release)  26-Aug-03
resources but also have damaged community goodwill and employee morale, the Communications Workers of America today charged in a filing with the US Bankruptcy

Bankruptcy for Albicocco Unit
Newsday  26-Aug-03
than a year after the death of Samuel Albicocco, the companies that own the real estate and restaurants of the Huntington businessman have filed for bankruptcy

Bankruptcies heading for an 18-year high
Straits Times, Singapore  26-Aug-03
The ministry confirmed that bankruptcy numbers have been rising since 1986, but was unable to provide data for the years before that.

UPC Cleared to Emerge from Bankruptcy
Reuters, UK  26-Aug-03
AMSTERDAM (Reuters) - UPC, Europe's largest cable television operator, received the final go-ahead to emerge from bankruptcy protection on Tuesday after the

MCI On Track To End Bankruptcy
Channel4000.com, MN  26-Aug-03
ASHBURN, Va. -- MCI is reportedly on track to emerge from Chapter 11 bankruptcy protection this fall. The Wall Street Journal reports

Norway's BV Film International files for bankruptcy
Screendaily.com, UK  26-Aug-03
Norwegian industry veteran Bjorg Veland has filed a petition for bankruptcy for her distribution company BV Film International, according to local media reports

Bankrupt Midway Airlines demanding repayment for bills it paid
Miami Herald, FL  26-Aug-03
RALEIGH, NC - Midway Airlines expects to file claims to recover payments it made to as many as 600 businesses it paid before filing for bankruptcy protection

WorldCom Backs Breeden Report, Separate CEO, Chairman Roles
Bloomberg  26-Aug-03
WorldCom also will scrap stock-option grants after it emerges from the largest US bankruptcy case, one of dozens of recommendations made by monitor Richard

Neal, Gerber & Eisenberg Bankruptcy Group Expands
Yahoo News (press release)  25-Aug-03
Eisenberg. She has joined the firm's Bankruptcy, Reorganizations and Creditors' Rights group as partner. Ms. Keywell has nearly

WorldCom to Drop Stock Options After Emerging from Bankruptcy
Bloomberg  25-Aug-03
plans to scrap stock- option grants for employees to reduce the potential for conflicts of interest after it emerges from the largest US bankruptcy case

Little River Rock Fest files for bankruptcy
CBC Manitoba, Canada  25-Aug-03
the Little River Rockfest. Owners of the company that ran the Minnedosa concert have filed for bankruptcy. Dozens of Manitoba companies

SMNC Bankruptcy Dismissal Motion Granted by Court ; Bankruptcy
Business Wire (press release)  25-Aug-03
25, 2003--Summit National Consolidation Group, Inc. (Pink Sheets:SMNC) announces the motion to dismiss the Chapter 11 bankruptcy proceeding has been granted in

Judge approves bankruptcy plan for Whitaker
KTBS, LA  25-Aug-03
A federal bankruptcy court judge in Shreveport has approved a Chapter 11 reorganization plan for Whitaker Construction. Judge Stephen

Drop noted in bankruptcy filings
Amarillo Globe News, TX  25-Aug-03
Bankruptcy filings fell during the second quarter of 2003 after peaking in the first quarter, but whether that signals a rebounding economy won't be clear

UPDATE 3-DVI files for bankruptcy protection
Reuters, UK  25-Aug-03
DVIX.PK said on Monday that it had filed to reorganize in bankruptcy, and plans to try to pay back creditors by selling off its assets.

Bankruptcy sought by businesses for many reasons
Oak Brook Business Ledger, IL  25-Aug-03
Experts attribute a variety of factors to the rise in business bankruptcy filings, from the slower economy to the lessened stigma attached to declaring

Researching Bankruptcies on the Web
Working Knowledge, MA  25-Aug-03
For practical information, including how to find an attorney specializing in bankruptcies and downloadable official bankruptcy forms from the Administrative

Bankruptcy judge inherits full docket
Gary Post Tribune, IN  25-Aug-03
HAMMOND — New US Bankruptcy Judge J. Philip Klingeberger has his work cut out for him as the Northern District of Indiana has one of the highest levels of

Trustee objects to Leap bankruptcy plan
RCR Wireless News  25-Aug-03
Leap Wireless International Inc.’s attempt to emerge from Chapter 11 bankruptcy protection hit a snag as a trustee objected to confirmation of Leap’s

Singapore July bankruptcy petitions hit 55-month high
Channel News Asia, Singapore  25-Aug-03
The number of bankruptcy petitions in Singapore hit a 55-month high in July as more Singaporeans were unable to pay up debts in the wake of higher joblessness

£ 1bn bankruptcy windfall for banks
This is London, UK  24-Aug-03
He said: 'Corporate bankruptcy figures in England and Wales for the second quarter of this year were down 6.9% compared with 2002, even though personal

France draws up plans to reform bankruptcy rules
Gulf Daily News, Bahrain  24-Aug-03
A string of recent corporate collapses and bailouts in France has revealed French bankruptcy law drives troubled companies too quickly into liquidation

First federal bankruptcy judge in Baton Rouge dies, age 84
Times Picayune, LA  24-Aug-03
BATON ROUGE, La. (AP) -- The first bankruptcy judge in the federal district centered on Baton Rouge is dead at the age of 84. Harvey

Bankruptcy - - Going broke
Topeka Capital Journal, KS  24-Aug-03
For the 12-month period ending June 30, personal bankruptcy filings totaled over 1.6 million, up from 1.5 million the year before.

B'wood suffers from bankruptcy of original ideas - Anupam Kher
PTI News, India  24-Aug-03
London,Monday, August 25, 2003: Bollywood, the largest film producer in the world, suffers from bankruptcy of original ideas and it is in need of original

First federal bankruptcy judge in Baton Rouge dies, age 84
Sarasota Herald-Tribune, FL  24-Aug-03
The first bankruptcy judge in the federal district centered on Baton Rouge is dead at the age of 84. Harvey H. Posner will be interred

Growing expenses, unsound practices doomed the Florida
Fort Lauderdale Sun Sentinel, FL  23-Aug-03
Leaders were never able to put enough away for a rainy day, which finally arrived with a May 14 bankruptcy filing that still has the Philharmonic's future in

Executive predicts emergence from bankruptcy
San Francisco Chronicle, CA  23-Aug-03
United Airlines expects to emerge from Chapter 11 bankruptcy protection in mid-spring, according to an upbeat assessment of the carrier's prospects by a senior

PG&E's settlement will allow company to exit bankruptcy
Lodi News-Sentinel, CA  22-Aug-03
After three years, the turbulent company has a settlement agreement that would bring the utility out of bankruptcy and reduce rates for customers.

Bankruptcy Court Approves CTC - Columbia Investment Agreement ;
Business Wire (press release)  22-Aug-03
announced today that the US Bankruptcy Court approved its previously announced investment agreement with Columbia Ventures Corporation and Columbia Venture

Centrum Sports Club owner plans bankruptcy filing; 16 register
Dallas Voice, TX  22-Aug-03
Club operator Gabriela Milmo says the untimely closing of her upscale gay and lesbian gym has devastated her, and that she is headed for federal bankruptcy

AboveNet bankruptcy plan gets court OK
Gannett Suburban New York Newspapers, NY  22-Aug-03
to pay off unsecured creditors with new stock in the company in order to get out of bankruptcy proceedings. The approval by Bankruptcy

County skirts bankruptcy
Milton Daily Standard, PA  22-Aug-03
We are in a very gray area," said Sacavage. "It is certainly unknown what could happen to (the county) if we go into bankruptcy.".

Pillowtex bankruptcy proceedings begin
Scottsboro Daily Sentinel, AL  22-Aug-03
Bankruptcy proceedings began in a Delaware court Wednesday to determine the fate of the defunct Pillowtex Corp. Companies interested

Examiner: Polaroid Bankruptcy OK
San Jose Mercury News, CA  22-Aug-03
BOSTON - An independent examiner found no evidence of accounting irregularities related to the 2001 bankruptcy of film and camera company Polaroid Corp

Examiner: Polaroid bankruptcy OK
Seattle Post Intelligencer, WA  22-Aug-03
BOSTON -- An independent examiner found no evidence of accounting irregularities related to the 2001 bankruptcy of film and camera company Polaroid Corp

Examiner finds no problems with Polaroid bankruptcy
Star, Malaysia  22-Aug-03
BOSTON (AP) - An independent examiner found no evidence of accounting irregularities related to the 2001 bankruptcy of film and camera company Polaroid Corp

Examiner: Polaroid bankruptcy OK
Penn Live, PA  22-Aug-03
BOSTON (AP) — An independent examiner found no evidence of accounting irregularities related to the 2001 bankruptcy of film and camera company Polaroid Corp

UPDATE 1-Polaroid bankruptcy review to be made public
Reuters, UK  22-Aug-03
NEW YORK, Aug 22 (Reuters) - A judge on Friday ordered an examiner studying allegations of irregularities in Polaroid Corp.'s PRDCQ.PK bankruptcy petition to

Polaroid bankruptcy review to be made public
Forbes  22-Aug-03
NEW YORK, Aug 22 (Reuters) - A judge on Friday ordered an examiner studying allegations of irregularities in Polaroid Corp.'s bankruptcy petition to file his

Samuels Jewelers files bankruptcy reorganization
Forbes  22-Aug-03
NEW YORK, Aug 22 (Reuters) - Samuels Jewelers Inc. , one of the largest US jewelry retailers, on Friday said it filed a bankruptcy reorganization plan with a

Samuels Jewelers files bankruptcy reorganization
Reuters, UK  22-Aug-03
SMJWQ.PK , one of the largest US jewelry retailers, on Friday said it filed a bankruptcy reorganization plan with a Delaware court and expects to exit Chapter

Schrager files for bankruptcy
World Leisure News, UK  22-Aug-03
The 373-room hotel is reported to have about $60m in outstanding debt and filed for protection from its creditors in New York last week.

CTC prepares to emerge from bankruptcy with investment agreement
Boston Mass High Tech, MA  22-Aug-03
Waltham-based CTC Communications Group Inc. announced today that the US Bankruptcy Court approved its investment agreement with Columbia Ventures Corp.

Mirant bankruptcy hits city, schools
Holland Sentinel, MI  21-Aug-03
A spokesman for the Atlanta-based energy supplier said Mirant is prohibited by federal law from paying the taxes since it has filed for Chapter 11 bankruptcy

ABB Shares Drop After US Court Delays Bankruptcy Settlement
Bloomberg  21-Aug-03
The 3rd US Circuit Court of Appeals in Philadelphia ordered ABB to halt the settlement, which includes the bankruptcy of its Combustion Engineering Inc.

Bankruptcy Record
CardTrak, MD  21-Aug-03
Americans continue to head to bankruptcy court in record numbers. Over the past five years, more than five million consumers have

Trenwick Files for Chapter 11 Bankruptcy as Part of Restructuring
Insurance Journal  21-Aug-03
announced that it has filed for protection under chapter 11 of the United States Bankruptcy Code with the United States Bankruptcy Court of Delaware.

Bankruptcy on the Rise in WV
WTRF, WV  21-Aug-03
Bankruptcy is on the rise in West Virginia. Bankruptcy filings soared to a record 6,326 in southern West Virginia last fiscal year

Schrager's Clift Hotel files for bankruptcy
Miami Herald, FL  21-Aug-03
Delano owner Ian Schrager has filed for bankruptcy protection for his plush Clift Hotel in San Francisco, his latest move to keep creditors at bay.

Bradley wins one bankruptcy round
Austin American Statesman, TX  21-Aug-03
Developer Gary Bradley won the first skirmish in his bankruptcy case Wednesday when a federal judge declined to give creditors an early victory.

Bankruptcy filed for Clift Hotel
San Jose Mercury News, CA  21-Aug-03
New York hotelier Ian Schrager, whose high-design properties cater to affluent travelers, has filed for Chapter 11 bankruptcy protection for his plush Clift

USA Bankruptcy Cases Continue to Break
Creditman, UK  21-Aug-03
The total number of bankruptcies and the total number of non-business bankruptcy cases filed in federal courts in the 12-month period ending June 30, 2003

Landmark Clift Hotel checks into bankruptcy court
Reuters, UK  20-Aug-03
a chain of trendy boutique hotels, has taken a step down from the heights of hipdom after seeing his Clift Hotel in San Francisco file for Chapter 11 bankruptcy

Pillowtex Bankruptcy
Charlotte Observer, NC  20-Aug-03
pay. "We received nothing," Stella Pratt, an employee in Eden, wrote to the bankruptcy court. "That is truly a shame and disgrace.

ABB Shares May Drop After US Court Halts Bankruptcy Plan
Bloomberg  20-Aug-03
The 3rd US Circuit Court of Appeals in Philadelphia ordered Zurich-based ABB to halt the bankruptcy of its Combustion Engineering unit until it decides an

Pillowtex Case Now in Bankruptcy Court
WAFF, AL  20-Aug-03
(Undated-AP) -- The saga of Pillowtex is now before a Delaware bankruptcy court, which will decide how to dispose of the Kannapolis, North Carolina-based

Circuit board maker DDi files Ch. 11 bankruptcy
Forbes  20-Aug-03
, a circuit board maker, on Wednesday said it filed for bankruptcy protection as part of a prepackaged plan to restructure $285 million of US debt.

Court approves bankruptcy plan for controversial Enron
Houston Business Journal, TX  20-Aug-03
A bankruptcy court has approved a Chapter 11 bankruptcy reorganization plan for Enron Corp.'s controversial partnership, LJM2 Co-Investment LP, according to a

Bankruptcy plan approved for notorious Enron partnership
Houston Chronicle, TX  20-Aug-03
By MARY FLOOD. The notorious Enron side partnership LJM2 Co-Investment had its bankruptcy reorganization plan approved by a Dallas judge this week.

U-Haul's Parent Finds Equity Gains in Bankruptcy
Tuscaloosa News, AL  20-Aug-03
By RIVA D. ATLAS. Stocks of companies that have filed for bankruptcy protection usually trade for pennies. But shares of Amerco, the

Conseco bankruptcy plan clears hurdle
Minneapolis Star Tribune, MN  20-Aug-03
Conseco Incorporated's reorganization plan cleared another major hurdle Wednesday, setting the stage for the insurer to emerge from federal bankruptcy

Circuit board maker DDi files Ch. 11 bankruptcy
Reuters, UK  20-Aug-03
DDCI.OB , a circuit board maker, on Wednesday said it filed for bankruptcy protection as part of a prepackaged plan to restructure $285 million of US debt.

Pillowtex Case Now In Bankruptcy Court
WSOCtv.com, NC  20-Aug-03
KANNAPOLIS, NC -- The saga of Pillowtex is now before a Delaware bankruptcy court, which will decide how to dispose of the Kannapolis-based company's assets.

Farm bankruptcy law extended
Lincoln Courier, IL  20-Aug-03
SPRINGFIELD - A special federal bankruptcy law that allows family farmers to protect assets while reorganizing debt has been extended for six months.

Pillowtex bankruptcy opens in court today
Charlotte Observer, NC  20-Aug-03
The drama of the Pillowtex Corp. saga shifts 500 miles north today, as a Delaware bankruptcy court begins writing the towel-and-sheet maker's final chapter.

Royal Bank of Canada reaches settlement agreement in Enron
Yahoo News (press release)  19-Aug-03
After Enron filed for bankruptcy, the EOG shares were the subject of a bankruptcy court-approved stipulation among RBC, Enron, the Enron Creditors' Committee

Conseco amends Chapter 11 bankruptcy plan
Reuters, UK  19-Aug-03
Conseco Inc. CNCEQ.OB on Tuesday said it has filed its fifth amended reorganization plan with the US bankruptcy court in Chicago. The

SF Clift Hotel Files For Bankruptcy Protection
KTVU.com, CA  19-Aug-03
FRANCISCO -- Northern California's ailing tourism industry has suffered another casualty after the operator of the five-star Clift Hotel filed for bankruptcy

SF's luxury Clift Hotel in Chapter 11 bankruptcy
San Francisco Chronicle, CA  19-Aug-03
there's a lot going on behind the scenes at the five-star downtown San Francisco hotel, whose operator, Ian Schrager Hotels, took the property into bankruptcy

Peregrine, post-bankruptcy, names new CEO
InfoWorld, CA  19-Aug-03
through a bankruptcy in the aftermath of an accounting scandal has stepped down, clearing the way for the company this week to appoint John Mutch as its new CEO

Tanglewood subsidiary files for bankruptcy
Sherman Denison Herald Democrat, TX  19-Aug-03
BY JESSICA LIVINGSTON. POTTSBORO -- TRP Management Inc., a subsidiary of Tanglewood Resort Properties, filed for Chapter 11 bankruptcy protection Thursday.

Kansas reports 15,000-plus bankruptcy filings
Wichita Business Journal, KS  19-Aug-03
During the 12 months that ended June 30, courts across the country recorded 1.65 million filings for bankruptcy protection, the largest ever, the

Former Council Member, Mayoral Candidate Files For Bankruptcy
Dunn Daily Record, NC  19-Aug-03
Former Dunn Councilwoman and former Dunn mayoral candidate Carolyn McDougal has filed for Chapter 13 bankruptcy. Mrs. McDougal declined to comment.

LDA was near bankruptcy: Aamir
Daily Times, Pakistan  19-Aug-03
LAHORE: District Nazim Mian Aamir Mahmood told Federally Administrated Tribal Area (FATA) students and teachers on Tuesday the district government system had

U-Haul's Parent Finds Equity Gains in Bankruptcy
New York Times  19-Aug-03
Stocks of companies that have filed for bankruptcy protection usually trade for pennies. But shares of Amerco, the company that

Bankruptcy filings in NY decline
Crain's New York Business, NY  19-Aug-03
The number of local business bankruptcy filings declined in the second quarter of 2003, dropping 5.1% compared with the second quarter in 2002.

Luxury SF hotel files for Chapter 11 bankruptcy
San Jose Mercury News, CA  19-Aug-03
The San Francisco Chronicle says the Clift's owner, Ian Schrager Hotels of New York, is trying to deal with 350 million dollars in debt.

State bankruptcy filings fall, but economic indicators mixed
Provo Daily Herald, UT  19-Aug-03
Utah's July bankruptcy filings fell 7.2 percent -- bucking national economic trends that sent the US bankruptcy filings for the same month up to record highs

8-19, Local: Contractor bankruptcy means Spring Hill pipeline
News Journal, TX  18-Aug-03
Underground Service Co. of Crossett, Ark., voluntarily defaulted on the contract earlier this year and filed for bankruptcy. The Longview

Horizon PCS files for bankruptcy protection
RCR Wireless News  18-Aug-03
“We believe the bankruptcy process gives us the best opportunity to restructure our debts and agreements, working cooperatively with our creditors and

PCB trial defendant considering bankruptcy
Environmental News Network, CA  18-Aug-03
By Associated Press. GADSDEN, Ala. — The main defendant in a high-profile PCB contamination case says mounting costs may force it to file for bankruptcy. St.

Bankruptcy Filings Increase to a Record
New York Times  18-Aug-03
By Bloomberg News Bankruptcy filings by consumers soared to a record 1.61 million in the year that ended on June 30, as unemployment touched a nine-year high

Regional Telecom Soon May Emerge from Its Bankruptcy
Winchester Star, VA  18-Aug-03
By Drew Houff. Waynesboro-based nTelos Inc. should get the green light Friday to proceed with its reorganization as it moves out of Chapter 11 bankruptcy.

PCB Trial Defendant Considers Bankruptcy
Miami Herald, FL  18-Aug-03
GADSDEN, Ala. - The main defendant in a high-profile PCB contamination case says mounting costs may force it to file for bankruptcy. St.

PCB trial defendant considers bankruptcy
Seattle Post Intelligencer, WA  18-Aug-03
GADSDEN, Ala. -- The main defendant in a high-profile PCB contamination case says mounting costs may force it to file for bankruptcy. St.

PCB Trial Defendant Considers Bankruptcy
Atlanta Journal Constitution, GA  18-Aug-03
GADSDEN, Ala. (AP)--The main defendant in a high-profile PCB contamination case says mounting costs may force it to file for bankruptcy. St.

New Orleans Fair Grounds Files for Chapter 11 Bankruptcy
Casino City Times, MA  18-Aug-03
NEW ORLEANS – As reported by the Associated Press: ``The Fair Grounds has filed for Chapter 11 bankruptcy after losing a court ruling that will likely force

Bankruptcy filings set records
Kansas City Business Journal, MO  18-Aug-03
Showing the continuing toll of the country's sluggish economy, the number of bankruptcy filings has once again broken records. During

Bankruptcy filings
Indianapolis Star, IN  18-Aug-03
These bankruptcies were filed July 18-Aug. 1 in US District Court, Indianapolis, for the Southern District of Indiana. D-debt; A-assets.

Penthouse magazine files for bankruptcy and a Q&A with NBA star
Newsweek  17-Aug-03
almost $40 million in debt, General Media Inc., the subsidiary of Penthouse International that publishes the sleazy glossy, filed for Chapter 11 bankruptcy

CDMA network files for bankruptcy protection
Cellular-News  17-Aug-03
and two of its subsidiaries have filed voluntary petitions for relief under Chapter 11 of Title 11 of the United States Code in the United States Bankruptcy

Daewoo subsidiary units on the verge of bankruptcy
Deepika, India  17-Aug-03
Lucknow, Aug 17 (UNI) After over 1,500 people were thrown out of employment due to the closure of Daewoo Motor India Limited's Surajpur facility in Greater

New Orleans Fair Grounds files for Chapter 11 bankruptcy
Times Picayune, LA  17-Aug-03
NEW ORLEANS (AP) -- The Fair Grounds has filed for Chapter 11 bankruptcy after losing a court ruling that will likely force the race track to pay horse owners

Pillowtex workers may owe medical bills from pre-bankruptcy
Fort Wayne News Sentinel, IN  16-Aug-03
state history. And they may be liable for outstanding medical bills that Pillowtex didn't pay before declaring bankruptcy. "It's

PCB cases could force Solutia into bankruptcy
St. Louis Post Dispatch, MO  16-Aug-03
with the Securities and Exchange Commission, the chemical company said it might have to turn those pockets inside-out and head into Chapter 11 bankruptcy

Gary tournament still on despite bankruptcy
Gary Post Tribune, IN  16-Aug-03
By Tim Zorn / Post-Tribune staff writer. GARY — An accountant appointed by a federal bankruptcy court will oversee spending by a Griffith printing company.

Bush signs bill to extend bankruptcy protection for farmers
Tacoma News Tribune, WA  16-Aug-03
CRAWFORD, Texas (August 16, 10:11 am PDT) - President Bush has signed legislation extending for six months the special bankruptcy protections that allow family

New Orleans Fair Grounds files for Chapter 11 bankruptcy
Macon Telegraph, GA  16-Aug-03
NEW ORLEANS - The Fair Grounds has filed for Chapter 11 bankruptcy after losing a court ruling that will likely force the race track to pay horse owners more

Fair Grounds files for Chapter 11 bankruptcy
ESPN  16-Aug-03
NEW ORLEANS -- The Fair Grounds has filed for Chapter 11 bankruptcy after losing a court ruling that will likely force the race track to pay horse owners more

Parkview climbing out of bankruptcy
Riverside Press Enterprise, CA  16-Aug-03
RIVERSIDE - Parkview Community Hospital passed a major milestone Friday in its drive to get out of bankruptcy and pay off its debts.

Fair Groundsfiles for bankruptcy
Times Picayune, LA  16-Aug-03
The Fair Grounds filed for Chapter 11 reorganization Friday in US Bankruptcy Court in New Orleans to give it time to pursue a settlement with horse owners over

Fair Grounds Files for Bankruptcy
BloodHorse  16-Aug-03
The Fair Grounds has filed for Chapter 11 bankruptcy after losing a court ruling that will likely force the racetrack to pay horse owners more than $100 million

New Orleans Fair Grounds files for Chapter 11 bankruptcy
Wilmington Morning Star, NC  16-Aug-03
The Fair Grounds has filed for Chapter 11 bankruptcy after losing a court ruling that will likely force the race track to pay horse owners more than $100

Cintech looks for path out of bankruptcy
Cincinnati Business Courier, OH  16-Aug-03
While the Blue Ash software company might be able to emerge from bankruptcy this fall with a cash infusion, CEO Dino Lucarelli said a capital investment is

Elan's £1.3m buys time in bankruptcy struggle
Guardian, UK  15-Aug-03
That would have put further pressure on the group's $2bn (£1.25bn) debt - which in turn would almost certainly have led to a bankruptcy filing.

       Mining Company Ordered to Pay for Cleanup  Kansas City Star

Examiner: Polaroid Bankruptcy OK
Times Daily, AL  the 2001 bankruptcy of film and camera company Polaroid Corp., according to 22-Aug-03
An independent examiner found no evidence of accounting irregularities related to

       UPC Cleared To Emerge From Bankruptcy  Forbes

GENUITY presenta un piano di liquidazione ai sensi del Chapter 11
PR Line (Comunicato Stampa), Italy  petitions for relief under Chapter 11 of the Bankruptcy Code on November 27 27-Aug-03
As previously announced, Genuity and certain of its subsidiaries filed voluntary

       Genuity Files Chapter 11 Plan of Liquidation  Business Wire (press release)

First federal bankruptcy judge in Baton Rouge dies, age 84
Times Picayune, LA  district centered on Baton Rouge is dead at the age of 84. Harvey 24-Aug-03
BATON ROUGE, La. (AP) — The first bankruptcy judge in the federal

       Aladdin Buyer Moves to Reject Contracts  Casino City Times

Aladdin buyer moves to reject 29 contracts
Las Vegas Sun, NV  the resort's reorganization plan in US Bankruptcy Court after the restaurant 26-Aug-03
Attorneys for a restaurant in the Aladdin hotel-casino have filed an objection to

       Firm Acquires American Pad  Newsday

Moral bankruptcy: Hertzberg - slash funds to Israel, mum on right
Independent Media Review Analysis (IMRA), Israel  States' annual allocation to Israel. To show that we were not being. 27-Aug-03
Jerusalem to repeat that we really mean what we say. We could prove it by.

       UPDATE 3-HealthSouth permitted to pay interest on debt  Reuters

Deadline sought for sale of Palmer Johnson
Green Bay Press Gazette, WI  is seeking a deadline for a possible sale of the yachtmaker. 27-Aug-03
A federal bankruptcy court official, assistant US Trustee David Asbach,

       Special Metals in waiting mode  Huntington Herald Dispatch

Japan's Crosswave seeks bankruptcy protection
Forbes  Communications Inc (nasdaq: CWCI - news - people) said on Wednesday it 20-Aug-03
TOKYO, Aug 20 (Reuters) - Nasdaq-listed Japanese broadband communications firm Crosswave

       Tour company owes $800000 to its creditors  Anchorage Daily News

Lockformer says company is bankrupt
Chicago Daily Herald, IL  manufacturer and its parent company have filed for Chapter 11 bankruptcy. 28-Aug-03
Faced with the crushing weight of costs rising from a chemical spill, a Lisle

       Jury adds 21 counts to doctor ’ s indictment  Press of Atlantic City

Aladdin Lost $2.4 Million in July
Casino City Times, MA  to fees and expenses associated with the Strip hotels Chapter 11 bankruptcy 26-Aug-03
hotel-casino reported losing $2.4 million in July, with half the loss attributable

       TA seeks to further fatten execs' wallets  Billings Gazette

Examiner: Polaroid Bankruptcy OK
Atlanta Journal Constitution, GA  related to the 2001 bankruptcy of film and camera company Polaroid Corp 22-Aug-03
BOSTON (AP)--An independent examiner found no evidence of accounting irregularities

       WR Grace Receives Extension  Lakeland Ledger

NextWave gets approval to go forward with Cingular license sale
RCR Wireless News  NextWave Telecom Inc. the green light to proceed with the sale 28-Aug-03
WASHINGTON—Bankruptcy Judge Adlai S. Hardin Jr. has given bankrupt

       Midway unpaying bills  Raleigh News
       Bankrupt Midway Airlines Demands Repayment For Paid Bills  NBC 17.com
from pursuing rights which they appeared to have under a bankruptcy law

INTERVIEW: Thai Growth, Fiscal Progress Impressive-Fitch
Yahoo News  28-Aug-03
case of Thai Petrochemical Industry PCL (H.TPE) seemed to be blocking creditors

       Bernard Ebbers faces first criminal charges in WorldCom   CBC News
       MCI says Oklahoma criminal charges punish customers  IT World
in the High Court by Sydney Ndembe, who is claiming that he was Maulidi        Oklahoma accuses WorldCom of felonies  Oregonian
       Bloomberg

Maulidi faces bankruptcy
The Nation, Malawi, Malawi  28-Aug-03
Minister of Justice Paul Maulidi is facing bankruptcy following proceedings instituted

       PSC won ’ t force NorthWestern to separate Montana utility  Billings Gazette
       PSC won't force NorthWestern to separate Montana utilit  The Havre Daily News
to about $8 million in debtor-in-possession financing, documents show.

Time share deal opposed
Las Vegas Sun, NV  27-Aug-03
are asking a bankruptcy court to set aside a ruling that allows the company access

       Former Des Moines Housing Agency Employees Indicted  WHO-TV
       US approves sale of housing  Des Moines Register
parent company is facing serious financial problems and possible bankruptcy

Task force tags $1.7M to help with heat bills
Helena Independent Record, MT  28-Aug-03
members raised concerns about leaving the money in the hands of NorthWestern, whose

       Bankrupt Telcom To Cut 100 Jobs  NEWS4Colorado.com
       100 in Global Crossing unit face move, cut  Denver Post
reorganization plan Tuesday in US Bankruptcy Court in Lexington.        Global Crossing to cut 100 jobs  Rocky Mountain News

N.Ky. hotel files for Ch. 11
Cincinnati Enquirer, OH  28-Aug-03
market. The 32-year-old, 485-bed Drawbridge hotel filed a Chapter 11

       WorldCom to Adopt Breeden's Call for Separate CEO, Chairman  Bloomberg
       Monitor lays groundwork for MCI  Houston Chronicle
on its debt, taking it one step further away from a possible bankruptcy        Unlimited executive power 'led to WorldCom fraud'  Gulf Daily News
       Boston Globe

UPDATE 1-HealthSouth permitted to pay interest on debt
Reuters, UK  28-Aug-03
in an accounting scandal, said on Thursday its lenders would allow it to pay interest

       Whither WorldCom? Readers respond.  CNN
       Report: Feds Probing MCI Again  CBS News
out of millions, says he was treated unfairly when a US Bankruptcy Court        Straightening out the story on telecom's routing game  USA Today

Lukens appeals losses in court
Ventura County Star, CA  28-Aug-03
Former Oxnard financial adviser Donald Dayton Lukens, who allegedly duped his clients

       Melnyk's purchase of Senators, Corel Centre finalized  CNN/SI
       Melnyk soaring  Calgary Sun
might be worth after a bankruptcy filing. Mr. Perelman has        Ottawa sale finalized  Sports Network
       Ottawa Citizen

Revlon Running Near Empty
New York Times  28-Aug-03
this month. In the report, Mr. Chalhoub analyzed what Revlon's bonds

       Twinlab Has 'Several' Possible Buyer  Newsday
       Twinlab Corporation Announces Extension of Revolving Credit   Business Wire (press release)
to boost investor confidence and economic growth, according to Prachai

TPI boss calls for emergency decree to amend bankruptcy law
Bangkok Post, Thailand  28-Aug-03
The government should move to amend the Bankruptcy Act through emergency decree

       NorthWest answers crucial  Helena Independent Record
       Irate but 'fairly polite' crowd grills NWC chief  Billings Gazette
bankruptcy laws and the government hopes to introduce draft legislation        NorthWestern extends key vote, angering shareholders  Great Falls Tribune
       Helena Independent Record  Billings Gazette  and more »

Old attitudes haunt France's bankruptcy laws
Financial Times (subscription), UK  19-Aug-03
The crisis at Alstom, the engineering group, has accelerated plans to reform France's

       Obligations are to be honoured  Bangkok Post
       Prachai calls for Pala's resignation  Bangkok Post
trouble with the law: a record fine by regulators, an historic bankruptcy and        TPI managers select advisers  Financial Times (subscription)

MCI legal troubles mount; bankruptcy complicated
Reuters, UK  28-Aug-03
accounting fraud was uncovered last year, it has set a new corporate standard for

       Confident Air NZ in black with $148m net  Sydney Morning Herald
       Air New Zealand reports profits  Seattle Post Intelligencer
notes and the assumption of $30.7 million in debt, according to bankruptcy        Air NZ posts $165.7 million profit, turns around losses  New Zealand Herald
       The West Australian

IMCO unit's buy of Horsehead hits impasse
Dallas Business Journal, TX  28-Aug-03
had proposed to buy Horsehead for $6.3 million in cash, $13 million in promissory

       Canadian Freightways Sold at Auction to TransForce ; Operations   Business Wire (press release)
       Business Digest  Seattle Post Intelligencer
this year were indicted in federal court Wednesday for the alleged        US trucking company Consolidated Freightways to sell subsidiary  Canada.com
       Bizjournals.com  Today's Trucking News  and more »

Two former employees of housing agency indicted
Des Moines Register, IA  28-Aug-03
Two former employees of a Des Moines low-income housing agency that filed for bankruptcy

       Mirant has shot at line of credit  Atlanta Journal Constitution
       UPDATE 2-Mirant posts wider loss, restates prior results  Reuters
$170,000 in disputed fees to a broker who helped sell the Escalante Crossing        Mirant says seeks to reject Pepco power contract  Reuters
       Kansas City Star  Reuters  and more »

Bankruptcy: Caver Real Estate says can't pay bills
Durango Herald, CO  20-Aug-03
Caver Real Estate in Durango has declared bankruptcy after being ordered to pay

       Itronix Parent Company Receives Offer to Buy Leading Wireless,   PRNewswire (press release)
       Itronix Parent Company Receives Offer to Buy Leading Wireless,   Yahoo News (press release)
bankruptcy, extended until Sept. 15 the deadline on the

Battlefield to become federal land
Great Falls Tribune, MT  28-Aug-03
of Montana financial analysts said. NorthWestern, which is facing possible
- - - - - - - - -

EchoStar Makes Offer for Loral Satellites
Reuters, UK - 6 Aug 19, 2003
confirming an earlier story, said in a statement it would evaluate any such bid
it receives from EchoStar through bidding procedures approved by bankruptcy

PG&E results miss estimates
Contra Costa Times, CA - 7 Aug 19, 2003
expectations, as the company voiced optimism about prospects for shedding its troubled
merchant energy unit and bringing its regulated utility out of bankruptcy

Top performers in up & down markets
CBS MarketWatch - 10 Aug 19, 2003
Loral (LRSLQ: news, chart, profile) filed for Chapter 11 bankruptcy
protection on the same day Intelsat made its offer. Bankruptcy

Outstanding farmers head to nationals
Saskatoon Western Producer, Canada - 13 Aug 19, 2003
They began a herb growing operation in 1996 when the family farm was near
bankruptcy due to the collapse of BC's traditional vegetable market.

Computer Virus Infects Air Canada Check-In System
Reuters, UK - 23 Aug 19, 2003
Last month the insolvent airline started laying off a quarter of its workforce of
40,000 as part of its restructuring under bankruptcy protection, leaving check

PSC asks federal regulators to set conditions on NorthWestern
Aberdeen American News, SD - 31 Aug 19, 2003
After reporting a loss last week of almost $58 million for the second quarter,
NorthWestern Corp. warned that bankruptcy remained a possibility.

Winchester School Board Upholds Total Ban on Guns
Winchester Star, VA - 40 Aug 19, 2003
STORY. Waynesboro-based nTelos Inc. should get the green light Friday to proceed
with its reorganization as it moves out of Chapter 11 bankruptcy. STORY.

Summer of Sanity
City Journal - 44 Aug 19, 2003
The city had just been humiliated by a near brush with bankruptcy, punctuated by
hostility from much of the rest of America, which largely opposed bailing out

Enron LJM2 Chapter 11 reorganization plan approved
Forbes - 46 Aug 19, 2003
Enron Corp. partnership called LJM2 Co-Investment LP was approved in
bankruptcy court on Monday, the partnership advisors said. The

Former Copps Coliseum executive to sue Ontario for gambling
Canoe News, Canada - 48 Aug 19, 2003
His total losses topped $1 million and ended last summer with another suicidal episode,
personal bankruptcy, and a humiliating public scandal which ultimately

Former nursing aide goes on trial in battering death of patient
Doylestown Intelligencer, PA - 53 Aug 19, 2003
Alterra, which declared bankruptcy earlier this year, operates about 400 assisted-living
residences in 24 states, including a dozen in Pennsylvania.

Crossroads Demolished
KTRE, TX - 1 Aug 19, 2003
Nothing fancy.". Kind of like former owner Bill Sherrod. He lost the building
in bankruptcy, but never lost his love for music and good times.

Fitch Comments on Liberty Media's Proposed UnitedGlobalCom
Business Wire (press release) - 1 Aug 19, 2003
UGC's largest subsidiary, United Pan-Europe Communications (UPC), is expected to
emerge from bankruptcy by the end of the year with a significant reduction in

PG&E Net Up, Merchant Unit Loss Narrows
MSN Money - 1 Aug 19, 2003
Special items included a loss of 25 cents per share at PG&E's merchant unit, PG&E
National Energy Group, which filed for bankruptcy on July 8. The unit lost 65

EchoStar offers $1.45B for Loral assets
Seattle Post Intelligencer, WA - 1 Aug 19, 2003
The source, who was at a hearing before the US Bankruptcy Court in Manhattan Monday,
said Littleton, Colo.-based EchoStar distributed a letter that proposed to

Wechsler Harwood Files Class Action Against Read-Rite Corporation
PrimeZone (press release) - 1 Aug 19, 2003
GAAP"). On June 17, 2003, Read-Rite stunned the market when it disclosed
that it would seek bankruptcy protection under Chapter 7.

EchoStar Could Bid for Loral Assets
MSN Money - 2 Aug 19, 2003
`We have not made any determination whether to participate on a bid in the Loral
bankruptcy case at this time,'' said EchoStar spokesman Steve Caulk.

Horsehead Industries continues to seek asset buyer
Reuters, UK - 2 Aug 19, 2003
In August 2002, Horsehead and its subsidiaries filed for protection under Chapter
11 of US bankruptcy code to reorganize its heavy debt while continuing to

The consumers' guide to credit counseling
MSN Money - 2 Aug 19, 2003
complete their plans. The other half were expected to drop out, with
some of those filing for bankruptcy. Typically, counseling

Court OKs liquidation of Buster Brown maker Kleinert's
NEPA News, PA - 2 Aug 19, 2003
An order from the US Bankruptcy Court in Manhattan on Thursday authorized
the company to sell all of its assets in an effort to pay creditors.

UPDATE 4-BJ's earnings drop, but shares jump as sales soar
Reuters, UK - 2 Aug 19, 2003
latest period include a gain of less than 1 cent per share related to leases obligations
for home-improvement retailer House2Home, which filed for bankruptcy

PG&E reports weak second quarter, predicts better times ahead
Times Daily, AL - 2 Aug 19, 2003
breakthrough that occurred during the period - a truce with California regulators
designed to help Pacific Gas and Electric finally emerge from bankruptcy court

MCI: No revenue restatement on the way
InfoWorld, CA - 2 Aug 19, 2003
WorldCom Inc., filed a financial document late Monday with the SEC after detailing
its financial situation on Thursday as the company moves through bankruptcy

Slow growth for NFL sets over the years
New Britain Herald, CT - 2 Aug 19, 2003
spent by Pro Set on promotional and charitable activities during the company’s
five-year run ultimately played a major role in the company’s bankruptcy.

Lawmakers Urge GSA Not To Ban Sprint Over ‘Billing Errors’
Federal Times - 3 Aug 19, 2003
by at least $9 billion. The firm has filed for bankruptcy protection
and is changing its name back to MCI. The fact that the government

Package Of Stories On Harley-Davidson's 100th Birthday
WBBM, IL - 3 Aug 19, 2003
The motorcycle company that began in a backyard shed in 1903 survived the
Depression and near-bankruptcy to become an American success story.

MCI Clarifies Clarifications
Light Reading - 3 Aug 19, 2003
all previous guidance regarding future financial performance issued by the Company
is no longer in effect and should be ignored" refers to all pre-bankruptcy

Alchemy at the stock exchange
The Hindu, India - 3 Aug 19, 2003
Even companies which, till the other day, were facing bankruptcy under
mountains of debt, have seen their equity prices zoom up.

Ottawa, Peru, Princeton locations on the block
Ottawa Daily Times, IL - 3 Aug 19, 2003
Last week, Eagle Food Centers announced the sale of four more of its grocery stores
as part of the regional grocery chain’s continuing Chapter 11 bankruptcy

DRAM To Recover, Memory Prices Climb
TechWeb - 3 Aug 19, 2003
struggled during a two-year dry spell in memory sales that sent some companies' revenues
dropping into the basement and put several on the brink of bankruptcy.

Kansas reports 15,000-plus bankruptcy filings
Wichita Business Journal, KS - 3 Aug 19, 2003
During the 12 months that ended June 30, courts across the country recorded
1.65 million filings for bankruptcy protection, the largest ever, the

Business news in brief from around New Jersey
Newsday - 3 Aug 19, 2003
claims. It could decide to seek bankruptcy protection by Friday, said
Lou Rothbart, executive director of the association. Details

Enron Asks Judge to Get Tough on Deadbeats
ABC News - 3 Aug 19, 2003
owing various amounts, from five figures to $1 million, for services rendered or
products delivered before and since the company's scandalous bankruptcy in

Whither WorldCom?
CNN Europe, Europe - 3 Aug 19, 2003
A bankruptcy judge should hold off on giving WorldCom the green light
to come out of Chapter 11. NEW YORK (CNN/Money) - WorldCom

Court OKs liquidation of Buster Brown maker Kleinert's
Penn Live, PA - 3 Aug 19, 2003
WASHINGTON (AP) — The bankruptcy court handling the Chapter 11 case for Kleinert's
Inc., the maker of Buster Brown clothes, has granted the company's request

The System Needs Work
WXXI, NY - 3 Aug 19, 2003
end up hiring lawyers. Cutthroat competition has forced two dozen
private insurance providers into bankruptcy. Nearly 60% of the

Court OKs liquidation of Buster Brown maker Kleinert's
Kansas City Star, MO - 3 Aug 19, 2003
WASHINGTON - The bankruptcy court handling the Chapter 11 case for Kleinert's Inc.,
the maker of Buster Brown clothes, has granted the company's request to

Princeton, Kentucky
Princeton Times Leader, KY - Aug 17, 2003
it’s even got to do with the Special Metals people in Princeton,” he said, citing
the local plant’s success as the corporation works through bankruptcy

Updating the Pirate Anime FAQ
Slashdot - Aug 17, 2003
During that time, you are still legally obligated to pay them. Companies often
cannot make the transition from large to small without declaring bankruptcy.

EDITORIAL: A healthy present but doubtful future
Enforcement of the bankruptcy process is still far from international standards,
although most would like to say that the bizarre affair involving Thai

Alliance bid "last throw of dice"
NZ City, New Zealand - Aug 17, 2003
Zealand for $550 million. The New Zealand Government saved its national
carrier from bankruptcy in 2001 with a $885 million bail out.

Daewoo subsidiary units on the verge of bankruptcy
Deepika, India - Aug 17, 2003
Lucknow, Aug 17 (UNI) After over 1,500 people were thrown out of employment due
to the closure of Daewoo Motor India Limited's Surajpur facility in Greater

Former Kmart executive wants $1.5 million in severance
Fort Wayne News Sentinel, IN - Aug 17, 2003
executive who left the discount retailer during its bankruptcy reorganization wants
$1.5 million in severance he says he earned during his eight-month stint

Credit culture short-sighted
Bangkok Post, Thailand - Aug 17, 2003
The US$3.7 billion case, signed formally by some 140 creditors in 2000, has had
a fitful history in the bankruptcy court, due largely to the acrimonious

Business-related bankruptcies
Minneapolis Star Tribune, MN - Aug 17, 2003
Minneapolis This is a list of recent business-related bankruptcies
filed in US Bankruptcy Court in Minneapolis and St. Paul. The

Air NZ, Qantas make final bid to have alliance approved
Stuff.co.nz, New Zealand - Aug 17, 2003
The Government, which saved Air New Zealand from bankruptcy at the end
of 2001 with a $885 million bailout, strongly supports the alliance.

All for the love of Johnny
Oregonian, OR - Aug 17, 2003
No way to know for sure. He couldn't work. He eventually filed for bankruptcy
and lost his business. Then Johnny started to act strangely.

StarBand files plan for exiting Chapter 11
Globes Online, Israel - Aug 17, 2003
Gilat Satellite Networks (Nasdaq: GILTF) US subsidiary StarBand Communications
filed its recovery plan with the US Bankruptcy Court in Delaware on Friday.

Hospitals pressured to give uninsured a break
Charleston Post Courier, SC - Aug 17, 2003
Honre Deveaux, with his $51,148.73 bill from Trident Medical Center,
was forced to file for bankruptcy because of overwhelming debts.

Feds Allege Spy Novel Tactics
Newsday - Aug 17, 2003
As for claims that the Jacobses siphoned money out of the company, Helen Davis
Chaitman, a Manhattan attorney representing the family in bankruptcy court

Expansion project at Port Manatee heading into high gear
Bay News, FL - Aug 17, 2003
One possible addition to the port once the work is complete is a new cruise line
to replace the Empress Regal that was lost to bankruptcy proceedings earlier

Philip Morris Ordered to Pay $12 Billion
drkoop.com - Aug 17, 2003
bond against Philip Morris USA, and lawyers for the nation's largest tobacco company
once again threatened that the decision could drive it into bankruptcy.

Crestwood: Deal us in
Chicago Daily Southtown, IL - Aug 17, 2003
A federal bankruptcy judge allowed the gaming board to resume proceedings to revoke
Emerald's license, and a handful of Chicago-area communities have paired up

Business picks up at Logan as airlines increase service
Providence Journal Bulletin (subscription), RI - Aug 17, 2003
The airline emerged from bankruptcy on March 31. "It's an important market
in our business plan," said US Airways spokeswoman Amy Kudwa.

UK power play for BHP
Melbourne Herald Sun, Australia - Aug 17, 2003
restructuring proposal. Drax is trying to recover after a 40 per cent
drop in British power prices and the bankruptcy of TXU Europe. BHP

FastTrack given OK for Net service
Durango Herald, CO - Aug 17, 2003
FastTrack was created in 2001 from the ashes of REAnet Communications, the
co-op’s first telecommunications company that declared bankruptcy.

British Airways Pursues Agreement With Swiss, Not Seeking Stake
Bloomberg - Aug 17, 2003
Swiss has asked British Airways to buy a stake in the carrier, which began flying
following the bankruptcy of Swissair Group, and wants the British airline to

Carmakers learn to live with incentives
Toronto Star, Canada - Aug 17, 2003
until 2007. The stock dropped to $6.60 in March 2003 on rumours that
the company was planning to seek bankruptcy protection. Ford

Blackout Ontario's wake-up call
The North Bay Nugget, Canada - Aug 17, 2003
And the NDP seem to believe socialist bankruptcy is preferable to private enterprise
competence. Ontarians are angry. They have every right to be.

BHP eyes UK power group
Brisbane Courier Mail, Australia - Aug 17, 2003
restructuring proposal. Drax is trying to recover after a 40 per cent
drop in British power prices and the bankruptcy of TXU Europe. BHP

News earnings signal end to big broadcasting contracts
The Age, Australia - Aug 17, 2003
The German media group was headed for bankruptcy at the time, after over-paying
for sports coverage rights, including the Formula 1 car-racing series.

Boomtime blowouts old News as Murdoch moves on
Sydney Morning Herald, Australia - Aug 17, 2003
The German media group was headed for bankruptcy at the time, after
over-paying for sports coverage rights, including Formula 1.

Locals discuss Big Bear's future
Coshocton Tribune, OH - Aug 17, 2003
locals like Wolfe. The Penn Traffic Company, which owns Big Bear,
filed chapter 11 Bankruptcy a few months ago. "As Penn Traffic

Scanner-maker has paid price for success
Fort Wayne News Sentinel, IN - Aug 17, 2003
such as pharmaceuticals. In 1985, after years of overexpanding, Metrologic
filed for Chapter 11 bankruptcy protection. "We kept

Rise and fall of Carolina Investors
Columbia State, SC - Aug 17, 2003
March 31 -- HomeGold files for bankruptcy, saying it has more than
$280 million in debt, nearly all owed to Carolina Investors.

Penthouse magazine files for bankruptcy and a Q&A with NBA star
Newsweek - Aug 17, 2003
almost $40 million in debt, General Media Inc., the subsidiary of Penthouse International
that publishes the sleazy glossy, filed for Chapter 11 bankruptcy

Korea's Bill Gates surrenders to Microsoft
Korea Herald, South Korea - Aug 17, 2003
Haansoft Service president Park Sang-hyun, then in-charge of Hangul distribution
recalls, "At that time, we were on the brink of bankruptcy.

Depth of debt
Bremerton Sun, WA - Aug 17, 2003
but that dream turned into a nightmare after she realized their finances were in
disarray and the only way out of tremendous debt was filing for bankruptcy in

McGreevey's man in Little India
NorthJersey.com, NJ - Aug 17, 2003
1993 to 1997 - A principal in the New York-based Chugh Printers, he seeks bankruptcy
protection in 1995 and the company is dissolved in September 1997 just

Sports Digest
Chicago Daily Southtown, IL - Aug 17, 2003
The Fair Grounds has filed for Chapter 11 bankruptcy after losing a court ruling
that will likely force the race track to pay horse owners more than $100

NorthWestern's woes have deep roots
Great Falls Tribune, MT - Aug 17, 2003
corporation. But the once-profitable company posted $892 million in losses
for 2002 and now is struggling to avoid bankruptcy. Montanans

Blackout's surprise was that very little happened
Charleston Post Courier, SC - Aug 17, 2003
the outage. The 1977 blackout occurred as the city was struggling with
a fiscal crisis that nearly resulted in bankruptcy. The serial

Coal giant eyes power station
BBC News, UK - Aug 17, 2003
table. The Drax power station, which produces 10% of the UK's electricity
needs, has been on the verge of bankruptcy for months.

Bankruptcies reveal pattern of big spending
Charleston Post Courier, SC - Aug 17, 2003
out close to two dozen credit cards, and purchasing 11 cars and trucks, a motorcycle
and two time-share condos at Myrtle Beach, all before landing in bankruptcy

Profiting from a nonprofit
Charleston Post Courier, SC - Aug 17, 2003
- Salmon sold the Cochise Street mission in 2000 as he was embroiled in personal
bankruptcy, yet never reported the sale to the federal government.

Villa de Coyote
Santa Cruz Sentinel, CA - Aug 17, 2003
crash of 1929. Robert Hays Smith, a Burlingame millionaire, was high
bidder when Rispin held a bankruptcy auction in 1929. But four

Road Warriors
Modesto Bee, CA - Aug 17, 2003
When job hunting in the Modesto area, he found similar jobs advertised at $12 to
$15 an hour. His mother works in downtown San Jose, in US Bankruptcy Court.

Butte will have 360networks office
Helena Independent Record, MT - Aug 17, 2003
said. Approximately 160 people are still working for Touch America,
as it works its way through an expedited bankruptcy process.

Masterminds of the mall
Austin American Statesman, TX - Aug 17, 2003
Nordstrom. After Montgomery Ward filed for bankruptcy in late 2000,
Simon made sure it submitted the highest bid for the empty store.

Arrest may end 91-year-old's 2nd career as bank robber
Austin American Statesman, TX - Aug 17, 2003
Abilene officers the same story he had told others before: He had an abiding dislike
for banks because a Corpus Christi bank had once forced him into bankruptcy

Students warned on downloads
Oakland Tribune, CA - Aug 17, 2003
gone away. Napster was sued into bankruptcy and oblivion, but others,
including Kazaa and Morpheus, rose in its place. Brad Andrews

In an American town, size matters
San Francisco Chronicle, CA - Aug 17, 2003
Margaret is a struggling dairy farmer near bankruptcy who has everything staked on
Brooke's promise of a general debt amnesty for small farms if he's elected.

SBC trying to cope with new reality: competition
Contra Costa Times, CA - Aug 17, 2003
They are dismayed at the thought of MCI, formerly called WorldCom Inc., emerging
from bankruptcy nearly debt-free, and thus more agile in fighting the price

Chief executives in trouble might elude prosecution
Chicago Daily Herald, IL - Aug 17, 2003
attorney general, a former director of enforcement for the US Securities and Exchange
Commission and a former president of the American College of Bankruptcy

Magazine mess hits library
Gainesville Sun, FL - Aug 17, 2003
The nationwide company hired to handle the library's 1,800 subscriptions for journals,
periodicals and other publications filed for bankruptcy protection late

Truth encapsulated
San Jose Mercury News, CA - Aug 17, 2003
Six months later, Enron was in bankruptcy, its employees out of work and without
retirement funds, its accounting partner, Arthur Andersen, headed toward ruin.

The rise and fall of telecom, networking
San Jose Mercury News, CA - Aug 17, 2003
In May 2002, it announced it had filed for bankruptcy under Chapter
11. This May, ATG emerged from bankruptcy with reduced debt

Pillowtex workers may owe medical bills from pre-bankruptcy
Lakeland Ledger, FL - Aug 17, 2003
state history. And they may be liable for outstanding medical bills
that Pillowtex didn't pay before declaring bankruptcy. "It's

New twist for buyers: a portable home loan
Anchorage Daily News, AK - Aug 17, 2003
3. No late payments in the last 12 months. 4. No foreclosures. And
5. Any bankruptcy must be discharged for over two years. Think

Legal problems don ’ t stop basketball tourney
Gary Post Tribune, IN - Aug 17, 2003
Brummett’s printing company, Beryl Martin in Griffith, has filed for bankruptcy
and last week he was charged with three felony counts of fraud.

Steel building coveted by preservationists, developers
The Express Times, PA - Aug 17, 2003
complex called Bethlehem Works. The company went into bankruptcy in
2001, and Bethlehem Works went into limbo. Donches is a former

Gay marriage has new opponent
Arizona Republic, AZ - Aug 17, 2003
Terry filed for bankruptcy in 1998, trying to avoid paying $1.6 million in court-ordered
civil penalties to Planned Parenthood and the National Organization

One center's new anchor is another's gap
St. Petersburg Times, FL - Aug 17, 2003
One wild card is its largest anchor, Kmart, which escaped a first round
of store closings when the company filed for bankruptcy last year.

US security measures drive away tourists
Sify, India - Aug 17, 2003
Two US airlines -- United and US Airways -- have declared bankruptcy.
Major hotel chains have reported a drop in revenue per room.

Stevens hurts shoulder in spill after finish line
Baltimore Sun, MD - Aug 17, 2003
Fair Grounds: The racetrack in New Orleans has filed for Chapter 11 bankruptcy after
losing a court ruling that will likely force it to pay horse owners more

MILWAUKEE: A century of Harleys
St. Paul Pioneer Press, MN - Aug 17, 2003
Harley-Davidson Inc. survived the Depression and near-bankruptcy to become an American
success story — and an icon whose brand is known around the world.

Airline blues
Valletta Times, Malta - Aug 17, 2003
Iraq, have caused airline traffic worldwide to plummet, leading many much larger
airlines than Air Malta to go under or, in the United States, seek bankruptcy

Retiree sues Citigroup after losing $2 million life savings on
Jefferson City News Tribune, MO - Aug 17, 2003
fraud have few options to recover their losses when a company such as WorldCom,
which was brought down by an $11 billion accounting scandal, seeks bankruptcy

Questions surround St. Mary's
Belleville News-Democrat, IL - Aug 17, 2003
Within months of the SEC complaint, Gateway's stock plummeted to less than
$1 a share and its hospitals either closed or filed for bankruptcy.

Stevens falls, his horse DQ'd
Tacoma News Tribune, WA - Aug 17, 2003
The Fair Grounds in New Orleans has filed for Chapter 11 bankruptcy after losing
a court ruling that will likely force the race track to pay horse owners more

US offers cash to state beset by textile layoffs
Wichita Eagle, KS - Aug 17, 2003
Elaine Chao offered $20.6 million in job training and health insurance assistance
Friday to thousands of North Carolinans put out of a job by the bankruptcy of

Falstad Column: NWC woes hit new lows as stocks fall
Billings Gazette, MT - Aug 17, 2003
Corp. announcing losses of almost $58 million on its common stock
for the second quarter and sliding ever closer to bankruptcy.

National Digest
Billings Gazette, MT - Aug 17, 2003
CRAWFORD, Texas - President Bush has signed legislation extending for six months
the special bankruptcy protections that allow family farmers to keep their

NWE parcels out taxes piecemeal
Billings Gazette, MT - Aug 17, 2003
GREAT FALLS (AP) - NorthWestern Energy, running out of cash and considering bankruptcy,
still owes $12 million in delinquent property taxes in Montana.

Donor danger: People who give organs suffer complications
Billings Gazette, MT - Aug 17, 2003
kidney. He lost his job because he could no longer lift heavy boxes.
He had to sell his house and came close to bankruptcy. "I'm

AGRICULTURE: ND's big pig play
Grand Forks Herald, ND - Aug 17, 2003
with those deals. "I was fortunate that we didn't file bankruptcy,
but we got beat down to plain nothing," Jim says. "If it wasn

Pension plan may go up in smoke
Times Picayune, LA - Aug 17, 2003
it has posted an average annual gain of 2 percent -- Burnham said chances are
"better than even" the city will soon be in a form of municipal bankruptcy.

Lockland fixing up deserted industry
Cincinnati Enquirer, OH - Aug 17, 2003
Long known as a manufacturing hub, Lockland has fallen on hard times as manufacturers
that used to make up the bulk of the village's tax base face bankruptcy

Paris pushes the envelope in keeping Alstom alive
Independent Online, South Africa - Aug 17, 2003
evaluated at $3 billion. Even so, several failed to avoid bankruptcy,
including number two United Airlines. More worrying, the US

Meahl feels ‘city is making a big mistake’
Today's News-Herald, AZ - Aug 17, 2003
Arms Pub & Playhouse. The auction is a result of a federal bankruptcy
court settlement involving Epic Resorts. Last week, the City

DOLLARS & SENSE
Marion Chronicle Tribune, IN - Aug 17, 2003
By CATHY SHOUSE. Most people in your situation have probably made many poor financial
decisions. And in that case, filing bankruptcy won't solve anything.

Fine Print:
Marion Chronicle Tribune, IN - Aug 17, 2003
The following is a list of bankruptcies in Grant County and surrounding
counties as collected in US Bankruptcy Court, Fort Wayne.

GM worker in drug case sues company
St. Louis Post Dispatch, MO - Aug 17, 2003
for 18 years. But losing her job caused her to file for bankruptcy
and she still fears she may lose her home. "That nine months

Thai Bourse Lets Trade In TPI Polene Shrs Resume; Up 8.9%
Yahoo News - Aug 17, 2003
year. The company is in talks with creditors on the fund raising and
related issues, under the supervision of the Bankruptcy Court.

CDMA network files for bankruptcy protection
Cellular-News - Aug 17, 2003
and two of its subsidiaries have filed voluntary petitions for relief under Chapter
11 of Title 11 of the United States Code in the United States Bankruptcy

Verizon negotions continue as unions reject strike
The CWA has joined AT&T, Verizon, Bell South and other telecom companies in an effort
to force MCI, which is now under bankruptcy protection, into liquidation.

Socking It to Farmers
Washington Post, DC - Aug 17, 2003
Mr. Duncan adds that so many farms "are strained that any little thing can send
them into bankruptcy or force them to stop operating." Good point, and a fair

The tango between vision and compromise
Vanguard, Nigeria - Aug 17, 2003
In 1956 we have seen how the British Government opened a conduit which saved
the NCNC from bankruptcy, but also placed the NCNC in the hands of British

Laid-off workers may owe doctors
Washington Times, DC - Aug 17, 2003
state history. They may be liable for outstanding medical bills that
Pillowtex didn't pay before declaring bankruptcy. "It's very

Keeping the lights on
Guardian, UK - Aug 17, 2003
of at least some state-owned power stations as insurance against the failure
of the privatised sector, either from lack of capacity or from bankruptcy.

Northwest Airlink soars to new heights Erie market
Go Erie, PA - Aug 17, 2003
traffic. But that was before the airline flew into financial turbulence
in 2001, cut capacity and struggled through bankruptcy.

For whistle-blowers, nobility can cost them their careers
Newark Star Ledger, NJ - Aug 17, 2003
Crossing, raised concerns about the telecommunication company's accounting and
financial reporting in mid-2001, the year before it crashed into bankruptcy.

Coming Up in Business
Cincinnati Business Courier, OH - Aug 17, 2003
Midwest Regional Bankruptcy Seminars, “Bankruptcy seminar.” Cincinnati
Marriott Northeast, 9664 Mason-Montgomery Road, Mason. Fee.

TransForce to bid for Canadian Freightways
Today's Trucking News - Aug 17, 2003
CF has said it has a $90-million offer for Canadian Freightways but is required
by US bankruptcy law to open the sale to the highest bidder.

CFMEU queries WA police industrial hit-squad
Green Left, Australia - Aug 17, 2003
Refusing to sign an enterprise agreement with the CFMEU, Hanssen employs a
non-union work force and blames the union for his bankruptcy in 1992.

Contractor fraud targeted
Pittsburgh Tribune Review, PA - Aug 17, 2003
About 15 minutes before the sheriff's sale was going to start, the sheriff told
me it was canceled because (the contractor) declared bankruptcy," Negri said.

Harrison : California's Disaster Ship Needs Whole New Crew
ChronWatch.com - Aug 17, 2003
Who will be the crew? Alas, the same crew that so enthusiastically and so
successfully connived in, facilitated and perfected the bankruptcy.

Brentwood's blue light special
Washington Business Journal, DC - Aug 17, 2003
Though DC had worked since 1999 to help Kmart find a viable site in the city,
Kmart's January 2002 bankruptcy filing proved too much to overcome.

Starting Lineup
Washington Post, DC - Aug 17, 2003
Wizards jerseys. Penthouse: Magazine's publisher files for bankruptcy
protection. Guess their profits were artificially inflated. Jack

IT Confidential : New Job , New Office : It's All A Crapshoot
Information Week - Aug 17, 2003
MCI (formerly WorldCom) has replaced its CFO, general counsel, executive VP of human
resources, and chief of staff, as it struggles to recover from bankruptcy

K-Mart settlement among items on agendas
Texas City Sun, TX - Aug 17, 2003
K-Mart will be offering a settlement to taxing entities this week in wake
of its bankruptcy that resulted in the closure of its Texas City site.

Compiled by Sean McFadden
Boston Business Journal, MA - Aug 17, 2003
Boston Bar Association (BBA)—BBA holds a Bankruptcy Law Section Steering
Committee Meeting, from 8:30 to 9:30 am at 16 Beacon St., Boston.

PCB settlements top $100 million
Anniston Star, AL - Aug 17, 2003
Thursday, in its quarterly financial report, the company said it is considering
filing for bankruptcy because of economic conditions and the costs of

Council ready for city budget
Rapid City Journal, SD - Aug 17, 2003
To contemplate placing Rapid City in a position of bankruptcy — well, that
may be some people's decision. It's not a gamble I'm willing to take.".

Prominent Miami Cuban may have bought Jupiter Island mansion
Palm Beach Post, FL - Aug 17, 2003
The former WorldCom chief financial officer has pleaded not guilty to securities-fraud
charges stemming from the largest corporate bankruptcy in US history.

Former Guam senator gets 71 months on corruption charges
Star, Malaysia - Aug 17, 2003
to commit wire fraud, misapplication of government funds, money laundering, conspiracy
to commit extortion, making false statements to a bank and bankruptcy

Paper trail of unreported income leads to shelter founder
Augusta Chronicle, GA - Aug 17, 2003
reported on the mission's 1999 tax return that he took no wages from the Good Samaritan,
yet he revealed a salary of $1,600 a month in personal bankruptcy

Vice president of NWC resigns
Montana Forum, Montana - Aug 17, 2003
day after the company, which is $2.2 billion in debt, said in its second-quarter
financial report that it might take its financial troubles to US Bankruptcy

SK Group chairman resigns SK Global post
Financial Times (subscription), UK - Aug 17, 2003
Since then, SK Global has been teetering on the brink of bankruptcy after auditors
revealed that its debts exceeded its assets by Won4.4bn ($3.7m).

Gov't urged to reveal Philippine position
Philippines Daily News, Philippines - Aug 17, 2003
This will violate the country's laws, trash the economic provisions of the Constitution
and lead to the bankruptcy of thousands of small and medium enterprises

Textile industry ruing end of quotas
Arizona Republic, AZ - Aug 17, 2003
Institute. That number doesn't include the effects of the July 30 bankruptcy
by Pillowtex Corp., which could eliminate 7,600 jobs.

MCI ’ s profits up for month of June
iT News, Australia - Aug 17, 2003
MCI's income nearly doubled month over month, according to a report
submitted Thursday to the US Bankruptcy Court. As part of the

Vivendi, With Auction for Unit Faltering, Weighs Venture, IPO
Bloomberg - Aug 17, 2003
Fourtou joined Vivendi a year ago after his predecessor Jean- Marie Messier's
$77 billion buying spree left the company on the brink of bankruptcy.

The Chairman of SK Global Resigns Under Pressure
New York Times - Aug 17, 2003
worst financial scandal in nearly four years, resigned yesterday under pressure from
creditors eager to give it a new image while rescuing it from bankruptcy.

Chairman of South Korea's SK Group resigns as head of trading arm
Channel News Asia, Singapore - Aug 17, 2003
Foreign and domestic creditors agreed on July 30 on the general terms
of a debt restructuring package to save SK Global from bankruptcy.

Australia & New Zealand
Bloomberg - Aug 17, 2003
debt restructuring proposal. Drax is trying to recover after a 40 percent
drop in UK power prices and the bankruptcy of TXU Europe.

Deregulation Makes Electric Grid Complex
ABC News - Aug 17, 2003
For instance, New York's Consolidated Edison has sold most of its power
plants to Atlanta-based Mirant, which filed for bankruptcy in July.

Intelsat shareholders OK proposed Loral satellite buy
Spaceflight Now, FL - Aug 17, 2003
agreement relating to the proposed acquisition, which is expected to occur at the
conclusion of an auction process under Section 363(b) of the US Bankruptcy

Joe Bob's week in review
Washington Times, DC - Aug 17, 2003
of Commerce and Merrill Lynch -- conspired with Enron to produce the imaginary numbers
that led to its downfall, according to the final report of bankruptcy

Law firms to sue Citi for Worldcom failure
Economic Times, India - Aug 17, 2003
are preparing to file arbitration claims against Citigroup and its Smith Barney unit
for hundreds of shareholders who lost money in the WorldCom bankruptcy, an

Slow recovery in tourism weighs on HK jobs
International Herald Tribune, France - Aug 17, 2003
The deterioration in the job market led personal bankruptcy cases to rise 39 percent
in the first seven months of the year, the Official Receivers Office said

North Carolina pharmacy board trying to clamp down on drug
Canada.com, Canada - Aug 18, 2003
which opened June 1 in a Concord shopping centre, has fielded hundreds of calls from
Pillowtex workers who lost their jobs when the company declared bankruptcy

Thai Court Rejects Tanayong's Debt-Restructuring Plan
Yahoo News - Aug 18, 2003
BANGKOK (Dow Jones)--Thailand's Central Bankruptcy Court has rejected the
debt-restructuring plan of Tanayong PCL (H.TNY), a property developer, and

Page air service's fate
Arizona Daily Sun, AZ - Aug 18, 2003
Page and Phoenix. Page has been without a dual carrier since Sunrise
Airlines declared bankruptcy in late 2000. Page Municipal Airport

Rio gets back in game with new products
Austin American Statesman, TX - Aug 18, 2003
inventory. By the time SONICblue filed for bankruptcy protection in March,
Rio players were hardly existent on store shelves. Meanwhile

MOVERS & SHAKERS
CBS MarketWatch - Aug 18, 2003
Xcel Energy (XEL: news, chart, profile) said late Friday that it will take a larger
charge in its second quarter related to its NRG division's bankruptcy.

US activist calls for Supreme Court impeachment
Gay.com UK, UK - Aug 18, 2003
Terry was head of the national anti-abortion group, Operation Rescue, before he
filed for bankruptcy in 1998, in a bid to avoid paying court ordered fines to

Queues tackled at new arena
Middlesbrough Evening Gazette, UK - Aug 18, 2003
get in on time.". Mr Reynolds, who saved the club from bankruptcy, added:
"It was a fantastic day, absolutely superb. "It was a great

WORKERS' COMP PREMIUMS OUT OF SIGHT: In an already tough economy
Contra Costa Times, CA - Aug 18, 2003
Association. But CIGA faces severe financial problems of its own related
to workers' compensation, and could even teeter into bankruptcy.

Ex - Alstom Chief To Repay Severance Package
Forbes - Aug 18, 2003
move comes after a controversial decision by the French government this month to
bail out the maker of trains, cruise ships and turbines to prevent bankruptcy.

Alstom's former chairman to return severance package
China Post, Taiwan - Aug 18, 2003
after labor unions, French media and some politicians criticized Bilger for accepting
the package at a time when the company was skating close to bankruptcy.

Recalls Could Force Politicians to Recall the Constitution
Intellectual Conservative, AZ - Aug 18, 2003
dislike. In his almost pathological efforts to curry favor with public
employee unions, he is spending the state into bankruptcy.

Sex and the Suburb
Reason Online - Aug 18, 2003
The publishers of Penthouse declared bankruptcy last week, and leasing the name
out to stores like Quinn's is part of a strategy to keep the Penthouse empire

Dave Zweifel: Kid costs can overwhelm parents
The Capital Times, WI - Aug 18, 2003
book called "The Two Income Trap," the magazine reported that married couples with
children are twice as likely as childless couples to file for bankruptcy.

Thai Shares End: Property Sector +2.8%, Supalai +27%
Yahoo News - Aug 18, 2003
50. The Central Bankruptcy Court will hold a court session for mediation
talks on TPI Polene's debt restructuring Wednesday.

Great Indoors is out in the cold
Crain's Chicago Business, IL - Aug 18, 2003
when it emerged from Chapter 11 bankruptcy in May, favors slow-growth businesses
that generate a lot of cash for shareholders, rather than consuming it in

Ex-Alstom chief to hand back cash
icon, Alstom has seen its market value crumble by over 90 percent in the past two
years amid costly problems with its heavy gas turbines, the bankruptcy of a

Beaulieu didn't focus on Coupe des Eleveurs
Montreal Gazette, Canada - Aug 18, 2003
Mesa. Funny Cide is listed as doubtful. ... Fair Grounds racetrack
in New Orleans has filed for bankruptcy protection. It recently

Bernie moves to No. 1
Montreal Gazette, Canada - Aug 18, 2003
If this really is about tobacco and not about Air Canada plunging into bankruptcy
and leaving Normand Legault without a title sponsor for 2004, then Canada is

Speculators placing bets
Montreal Gazette, Canada - Aug 18, 2003
But for those with betting in their blood, there are a few recent cases of Canadian
companies restructuring under bankruptcy protection - such as Air Canada or

Air Canada hopes flyers forgive, forget
Canada.com, Canada - Aug 18, 2003
vulnerable. It was forced into bankruptcy protection in April, clobbered
by political and economic troubles and a $13-billion debt load.

Phone logs link 'politics' to takeover
Oakland Tribune, CA - Aug 18, 2003
an assertion "a little silly," saying FCMAT, which also is playing a significant
role in Hayward schools, did "its level best" to help Oakland avoid bankruptcy

Back-to-school shopping: Teach kids you're not the ATM
Salt Lake Tribune, UT - Aug 18, 2003
Dungan said. "The fastest growing age group filing for bankruptcy in
America today [is] young people under the age of 25.". Parents

Sound investment: Teaching kids to mind their finances
Salt Lake Tribune, UT - Aug 18, 2003
Today's financial illiterates will be among tomorrow's bankruptcy filers, and nowhere
is that connection more daunting than in Utah, the country's personal

Walker has made little noise, but lots of progress
Salt Lake Tribune, UT - Aug 18, 2003
A year later, Walker's husband retired and sold his 50 percent interest
to Peterson, which placed the snack-food company into bankruptcy.

Rolly and Wells: Did money woes stall Cook's run?
Salt Lake Tribune, UT - Aug 18, 2003
former Congressman Merrill Cook declined to file for Salt Lake City mayor Friday
after hinting all last week he would be in the race: He declared bankruptcy in

He thinks he can, he thinks he can
Charlotte Observer, NC - Aug 18, 2003
m ever going to do? Is this who I am?' " said Rich Leonard, a close
friend and federal bankruptcy judge. "John lived in a political

Hard road for workers
Nashua Telegraph, NH - Aug 18, 2003
For his employer, International Paper Box Machine Co., things went from
bad to worse, and the company eventually collapsed into bankruptcy.

SJ pushed to rein in `predatory' lenders
San Jose Mercury News, CA - Aug 18, 2003
years ago. ``Now, we're really under water,'' said Bruce Gordon, who
recently filed for bankruptcy to slow down foreclosure. Some

Surge Ends 4-Week Losing Streak
Newsday - Aug 18, 2003
The Hauppauge-based maker of vitamins and dietary supplements said it's
planning to sell its businesses and might file for bankruptcy.

Jihad Is Only Starting To Flare Up In Ichkeria
Today the situation is the same: luxuries, depravity, seeming material wealth during
total spiritual and moral bankruptcy and corruptness have reached unheard

As airlines stall, airport expansion plans take flight
Boston Globe, MA - Aug 18, 2003
The world's second-largest airline, United, was forced into bankruptcy,
and the largest, American, threatened to file for court protection.

Put Cahill in the Hall
Calgary Sun, Canada - Aug 18, 2003
Now, with both southern Ontario franchises out of money and being controlled by the
league, the only buzz is about bankruptcy, the only receivers anyone talks

Indo-Asian News Service
Hindustan Times, India - Aug 18, 2003
he was himself ruined financially when efforts by his white creditors to get him
to stop opposing the racist government failed and they initiated bankruptcy

Editorial: Readers like cooperative
Helena Independent Record, MT - Aug 18, 2003
Our existing co-ops serve us very well and, if NorthWestern Energy is pushed into
bankruptcy by wildfires burning major transmission lines, we should be

Tide turns at Feather Sound
MSNBC - Aug 18, 2003
Westfalia, which had been previously owned by German investors, filed for Chapter
7 protection in US Bankruptcy Court in May 2002, allowing it to settle with

Future of development fund uncertain
MSNBC - Aug 18, 2003
development strategies and use of the PDF have not grown the city's tax or population
base sufficiently to keep Pittsburgh from facing potential bankruptcy

Video World comes back from the abyss
MSNBC - Aug 18, 2003
By Robin Wood. Two years later, the company filed for Chapter 11 bankruptcy,
planning to shed certain debts and reorganize the company.

Lebanon shopping center sold for $5 million
MSNBC - Aug 18, 2003
in northern Lebanon, is near the former Kmart store, which closed earlier this year
after the Troy, Mich.-based retail chain filed for Chapter 11 bankruptcy.

Farmland's bill nears $30M -- and counting
MSNBC - Aug 18, 2003
No one has an idea of how much the case, the largest in the history of the US
Bankruptcy Court of the Western District of Missouri, ultimately will cost

Company brings HQ, 225 jobs to SF
MSNBC - Aug 18, 2003
MediaLive International Inc., known as Key3Media before emerging from bankruptcy
in June, has signed a three-year, 63,000-square-foot sublease with Home Store

Area bankruptcies increase 10%
MSNBC - Aug 18, 2003
Bankruptcy filings in the Western District of North Carolina, which includes Charlotte,
have risen 10% during the past 12 months, with 10,235 cases filed from

Cybercare's offices empty out amid tardy filings
MSNBC - Aug 18, 2003
Jonathan Awner, chairman of the corporate practice group of Akerman Senterfitt in
Miami, said many firms going into bankruptcy or ceasing operations continue

Former Couch Street figure heads to prison
MSNBC - Aug 18, 2003
Brigham's then-wife Michele Brigham, obtained sole ownership of Couch Street in
October 1999, filed for bankruptcy protection early in 2000, succeeded in

Natural gas prices sock manufacturers
MSNBC - Aug 18, 2003
Health care costs more than doubled in seven years even as the company
ratcheted down the coverage. One customer filed for bankruptcy.

R&D spending jumps
MSNBC - Aug 18, 2003
One major customer (Adelphia) filed for bankruptcy and another big customer
(Charter) reduced its spending drastically because of financial difficulty

Blackout Validates Morgan Stanley, Goldman Energy Bet (Update1)
Bloomberg - Aug 18, 2003
filed for bankruptcy in December 2001, five of the top 10 energy traders have pulled
out of the industry and utilities have sold assets worth $21 billion in

Executives turn their backs on the Piney Point disaster
St. Petersburg Times, FL - Aug 18, 2003
After taking control of Piney Point, Mulberry later declared Chapter 11 bankruptcy
and simply walked away after dumping the phosphate plant and its problems on

LEGAL BATTLE FOR FOOT AND MOUTH PAYOUTS
Western Morning News, UK - Aug 18, 2003
Mr Friend explained: "Recently a district judge held in a House of Lords bankruptcy
case that the trustee had no interest in the claim and that the bankrupt

Catholic Church denies sex abuse cover up claims
Belfast Telegraph, UK - Aug 18, 2003
The Catholic Church has been inundated by lawsuits alleging sexual abuse by priests,
and at least one diocese in America has applied for protective bankruptcy

Bad credit history could
New York Daily News, NY - Aug 18, 2003
you pay your bills, your credit report contains information on where you work and
live, and whether you have been sued, arrested or have filed for bankruptcy.

WISCONSIN PAC MONEY: Campaign donations analyzed
St. Paul Pioneer Press, MN - Aug 18, 2003
insurance; legislation that would require equal coverage for mental health coverage;
and a bill that would make it harder for people to file for bankruptcy.

WorldCom holders may see cash
MSNBC - Aug 18, 2003
2 US long-distance telephone and data services company, filed for bankruptcy
in July 2002, one month after its $11 billion accounting scandal broke.

BellSouth files lawsuit against PSC, FDN
Miami Herald, FL - Aug 18, 2003
Supra, which is under bankruptcy protection and has been locked in a contentious
battle over billing with BellSouth, is awaiting a PSC staff recommendation on

Every old name is new again as tech firms try to forget bust
The Globe and Mail, Canada - Aug 18, 2003
Another symbol of that era, WorldCom Inc., the US telecom giant, has slipped
into bankruptcy protection amid accounting and governance scandals.

Wireless soaring but satellite makers struggle
Toronto Star, Canada - Aug 18, 2003
telecom satellites to Intelsat Ltd. for up to $1.1 billion (US); it
declared bankruptcy as part of deal. "The satellite industry has

Reverse mortgage fears tie some in terror
Inman.com, CA - Aug 18, 2003
Most do HECMs and HKs. A smaller number do CAs. "I have an expensive house,
not enough income, and no credit because I just went through bankruptcy.

SG Asset Launches Guaranteed Fund In HK;Minimum 6% Return
Yahoo News - Aug 18, 2003
The credit events consist of bankruptcy, obligation acceleration, obligation
default, failure to pay, repudiation or moratorium, and restructuring.

Republic Steel site sold in Massillon
Akron Beacon Journal, OH - Aug 18, 2003
Two bidders were in the running for the site, said attorney Shawn Riley, whose firm,
McDonald Hopkins, is representing Republic in federal bankruptcy court in

42 Million Americans are in danger of losing their pensions!
Emediawire (press release) - Aug 18, 2003
Three years of substantial stock market loses have placed over 75% of Union pension
plans at risk of failure to meet MINIMUM-funding requirements (bankruptcy).

You sure can't call that fishing
Seattle Times, WA - Aug 18, 2003
Bill Scheft of Sports Illustrated, on boxer Mike Tyson filing for bankruptcy:
"He's so broke, his next face tattoo has to be in red ink.".

RealNetworks rolls out Stones
Seattle Times, WA - Aug 18, 2003
trademarks. 3DO sold its assets at a bankruptcy auction Thursday in
San Francisco. It had filed for Chapter 11 at the end of May.

Care home's fate awaits outcome of abuse trial
Philadelphia Inquirer, PA - Aug 18, 2003
workers, federal court records in Wilmington show. Alterra filed for
bankruptcy protection in January. Also charged is Brian Gunther, 42

Bankruptcy filings
Indianapolis Star, IN - Aug 18, 2003
These bankruptcies were filed July 18-Aug. 1 in US District Court, Indianapolis,
for the Southern District of Indiana. D-debt; A-assets.

Court reinstates Philip Morris' $12bn appeal bond
Business Report, Africa - Aug 18, 2003
The bottom line is, a party shouldn't be forced into bankruptcy and deprived of
the right to appeal," company attorney John Mulderig said after the hearing.

Internet traffic volume moving increasingly to Asia
TechCentral, Malaysia - Aug 18, 2003
China Netcom, the second largest telecommunication service provider in China, after
AGC’s parent company Global Crossing Ltd filed for Chapter 11 bankruptcy

Nissan returning to favor
Akron Beacon Journal, OH - Aug 18, 2003
Richard Pell, co-manager of Julius Baer International Equity, has Nissan in the
crosshairs. A few years ago, Nissan teetered on the edge of bankruptcy.

India's urban slums
The Hindu, India - Aug 18, 2003
Competition and the increasing bankruptcy of the Central and State governments,
brought down the rate of growth of employment from 2.04 per cent per annum

Americana Publishing, Inc. to Dispose of Non-Performing
Yahoo News (press release) - Aug 18, 2003
(OTC Bulletin Board: APBH - News) today said its Corporate Media Group, Inc. (CMG)
subsidiary has filed a Chapter 7 voluntary bankruptcy proceeding in the

Arneault to Represent Union on Weirton Steel Board
WTRF, WV - Aug 18, 2003
people. Arneault replaces attorney Rob D'Anniballe, who resigned to
focus his energy on Weirton's ongoing bankruptcy proceedings.

Money Sought for WorldCom Shareholders
America's Network - Aug 18, 2003
in the WorldCom Inc. bankruptcy, an attorney told former employees
of WorldCom and its MCI unit on Saturday. Citigroup and Smith

Kasper ASL Ltd. Reports 27.1% Increase in Net Revenue in Second
Yahoo News (press release) - Aug 18, 2003
Report"), as a result of its highly leveraged financial position, on February 5,
2002 the Company filed for reorganization under Chapter 11 of the Bankruptcy

Damages in Anniston PCBs contamination trial hit $100 million
Montgomery Independent, AL - Aug 18, 2003
have passed $100 million, compounding the financial picture for the main defendant,
Solutia Inc., which is reviewing alternatives that include a bankruptcy

Horizon PCS Files Under Chapter 11
Wireless Week - Aug 18, 2003
and two of its subsidiaries last week announced they had filed voluntary petitions
for relief under Chapter 11 in the US Bankruptcy Court for the Southern

Overseer asks for Enron to pay $4 million
Jefferson City News Tribune, MO - Aug 18, 2003
HOUSTON (AP) -- An independent overseer of Enron Corp.'s retirement plans has asked
a New York bankruptcy judge to order the company to pay its $4 million in

SEC cites former exec linked to $1 bln fraud
CBS MarketWatch - Aug 18, 2003
The FBI searched NCFE's Dublin offices in a raid last November, and the company filed
to reorganize under Chapter 11 bankruptcy protections within a matter of

Older firms can't afford to rest on their laurels
Daily Yomiuri, Japan - Aug 18, 2003
in June. Declines in its sales and appraisal losses on its stockholdings
were cited as major causes of bankruptcy. Fukusuke was

Post Magazine: A Tortured Path to Justice
Washington Post - Aug 18, 2003
We are fairly sure we will not receive anything because the generals declared
bankruptcy and are showing that they don't have any money.

MTR Gaming CEO joins Weirton Steel board
Wichita Eagle, KS - Aug 18, 2003
Jr. on the nine-member board. D'Anniballe resigned to focus his attention
on Weirton Steel's bankruptcy proceedings. Glyptis holds

Damages In Anniston PCBs Contamination Trial Hit $100 Million
NBC13.com, AL - Aug 18, 2003
The rising costs prompted St. Louis-based Solutia Incorporated to review
alternatives that include a bankruptcy filing to reorganize.

Warren Buffett Slams Calif. Taxes; Tiger Woods Empty-Handed
Forbes - Aug 18, 2003
Alstom has seen its market value plummet by more than 90% in the past two years
amid troubles with its heavy gas turbines, the bankruptcy of a major cruise

Northrop Grumman enters new digs at One Sun Plaza
Albuquerque Tribune, NM - Aug 18, 2003
Sun filed for Chapter 11 bankruptcy protection in October 1999 and stayed
in its existing building nearby. It has since emerged from Chapter 11.

Falstad Column: NWC woes hit new lows as stocks fall
Montana Forum, Montana - Aug 18, 2003
Corp. announcing losses of almost $58 million on its common stock
for the second quarter and sliding ever closer to bankruptcy.

Operation Rescue Founder: Impeach the Supreme Court
Two years later he filed for bankruptcy, trying to avoid paying $1.6 million
in court-ordered civil penalties to Planned Parenthood and the National

Scrutiny for 'high-risk' funds
Australian Financial Review, Australia - Aug 18, 2003
We are reviewing identified high-risk trustees, including those disqualified
through bankruptcy, to ensure their appropriateness as trustees," he said.

HarperCollins Posts Another Record Year
Publishers Weekly, NY - Aug 18, 2003
million. Sales were up 3.4%, to $242 million. The decline in profits
was due in part to the Sher Distributing bankruptcy. The fourth

Ex-Natl Century exec pleads guilty in $1 bln fraud
Reuters, UK - Aug 18, 2003
National Century, which filed for bankruptcy last November, has already faced a
flood of lawsuits from investors who have also sued the company's accountants

National Century exec pleads guilty
Columbus Business First, OH - Aug 18, 2003
the FBI and the Securities and Exchange Commission are continuing to investigate
other officers of the company, which has been under Chapter 11 bankruptcy

KM Logistics' CEO charged in fraud scheme
Boston Business Journal, MA - Aug 18, 2003
The CEO of a Randolph company was charged late last Thursday in federal court with
mail fraud, wire fraud and bankruptcy fraud, according to the US attorney's

Alstom ex-boss refunds pay-off
BBC News, UK - Aug 18, 2003
Alstom, battered by cost overruns on key projects, accounting irregularities at
its US operation, and the bankruptcy of a major client, has lost 90% of its

Air Canada says flights now back on schedule
Forbes - Aug 18, 2003
The airline has started to lay off about a quarter of its 40,000 employees as
part of its plan to become a smaller, profitable carrier under bankruptcy

Altria Back to the Brink
WTEV, FL - Aug 18, 2003
Wall Street's research community remained optimistic Monday that Philip Morris can
avoid a bankruptcy filing despite being ordered for a second time to post a

A Workout and a Movie
Fitcommerce - Aug 18, 2003
northwest of downtown Los Angeles, there was once an eight screen cinema which fell
victim to overbuilding and was finally forced into lights-out bankruptcy.

Accumulate Lowe's
BusinessWeek - Aug 18, 2003
In S&P's view, upholding a $12 billion bond is unlikely, given the possible bankruptcy
effects, ie, the loss of state excise taxes and Master Settlement

New SK Global management team to be named today
Korea Herald, South Korea - Aug 18, 2003
SK Global, which admitted in March to having inflated its 2002 earnings by
1.5 trillion won ($1.25 billion), has been on the verge of bankruptcy.

Never too young to get smart
Concord Monitor, NH - Aug 18, 2003
He spoke recently to the Monitor about the road to financial security.
In 2001, almost 95,000 people under age 25 filed for bankruptcy.

DIA Struggles Under Debt Load
NEWS4Colorado.com, CO - Aug 18, 2003
of about $70. The picture is further clouded for Denver by the bankruptcy
of its Number one carrier -- United. But some analysts

CORRECTED - UPDATE 1-Xcel sets more NRG charges, dividend at risk
Reuters, UK - Aug 18, 2003
The company said the higher charge is attributable to circumstances and conditions
surrounding NRG prior to May 14, when NRG filed for Chapter 11 bankruptcy

Despite booming business, Skunk may be in trouble
Ukiah Daily Journal, CA - Aug 18, 2003
Wednesday morning, bankruptcy trustee Mike Meyer said that CWR officials were still
waiting on a report back from American Short Line Association and insurance

Horizon PCS files for bankruptcy protection
RCR Wireless News - Aug 18, 2003
“We believe the bankruptcy process gives us the best opportunity to restructure
our debts and agreements, working cooperatively with our creditors and

Paper company's insolvency at issue in court case
WMTW, ME - Aug 18, 2003
of financial records to determine whether the former Great Northern Paper Company
was insolvent in May 2001, a year and a half before it filed for bankruptcy.

Features - Special Report
The Lawyer, UK - Aug 18, 2003
all other creditors of the subsidiary (repayment of the inter-company loan is clawed
back if it occurs during the year prior to the declaration of bankruptcy

Amend Corporations Act, says Liberal MP
Hill Times, Canada - Aug 18, 2003
Enron. Enron, an American energy giant, declared bankruptcy in 2001,
leaving hundreds of investors and employees out in the cold.

Ariba, EXE, Ivanhoe, Quanta, RealNetworks: US Equity Preview
Bloomberg - Aug 18, 2003
Xcel Energy Inc. (XEL US): The utilities owner said higher costs from
the bankruptcy of power-generation unit NRG Energy Inc. widened

Twinlab Corporation Selling Plant
KSL-TV, UT - Aug 18, 2003
headed for the auction block. Twinlab Corporation says they will sell
the plant as part of bankruptcy proceedings. The New York-based

Air NZ will fail without tie-up: chief
The West Australian, Australia - Aug 18, 2003
the wings. "Given the number of fairy godmothers in bankruptcy at the
moment, that doesn't seem terribly likely," he said. In late

Qwest Communications Announces Date For Second Quarter 2003
Yahoo News (press release) - Aug 18, 2003
of our stock price; intense competition in the markets in which we compete, including
the likelihood of certain of our competitors emerging from bankruptcy

Blackout Validates Morgan Stanley, Goldman Energy Bet (Update3)
Bloomberg - Aug 18, 2003
Five of the top 10 energy traders have pulled out of the industry since Enron's bankruptcy,
and utilities have sold assets worth $21 billion in 120 transactions

Lancaster council waiting for return of money
Rock Hill Herald, SC - Aug 18, 2003
But the county may be obligated to pay depending on certain circumstances, according
to Marie T. Reilly, a bankruptcy and commercial law professor at the

Ex-chairman of Alstom returning severance
Boston.com, MA - Aug 18, 2003
Bilger had been criticized by labor unions, French media and some politicians
for accepting the package when the company was so close to bankruptcy.

North America blackout to hit airline bottom lines
Forbes - 23 Aug 19, 2003
The airlines that cut the most flights included Air Canada , under bankruptcy protection,
which cut hundreds of flights after a backup failure at a control

CEO who guided troubled Peregrine quits
Penn Live, PA - Aug 18, 2003
joined the San Diego company in June 2002 amid a massive accounting scandal and
steered it through a several rounds of layoffs, asset sales and bankruptcy

Security, convenience and fresh carrot juice
International Herald Tribune, France - Aug 18, 2003
The same slump in business flying that has sent major airlines like United
and American into or near bankruptcy has hurt private flight concerns.

PCB Trial Defendant Considers Bankruptcy
Austin American Statesman, TX - Aug 18, 2003
GADSDEN, Ala. (AP)--The main defendant in a high-profile PCB contamination
case says mounting costs may force it to file for bankruptcy. St.

North America blackout to hit airline bottom lines
Reuters, UK - Aug 18, 2003
The airlines that cut the most flights included Air Canada AC.TO , under bankruptcy
protection, which cut hundreds of flights after a backup failure at a

PCB Trial Defendant Considers Bankruptcy
Times Daily, AL - Aug 18, 2003
The main defendant in a high-profile PCB contamination case says mounting
costs may force it to file for bankruptcy. St. Louis-based

Pact ratified at Special Metals plant
Utica Observer Dispatch, NY - Aug 18, 2003
plant. About 200 local employees have lost their jobs since Special
Metals filed for Chapter 11 bankruptcy protection in March 2002.

Special Metals reaches agreements with two unions
Forbes - Aug 18, 2003
said on Monday it reached agreements with union workers at manufacturing facilities
in New York and Kentucky as the company tries to emerge from bankruptcy.

EPIQ Systems Inc. Added to S&P SmallCap 600 Index
Yahoo News (press release) - Aug 18, 2003
is a national provider of technology-based products and services to law firms and
attorneys working in the federal bankruptcy system and to companies that have

Startups Call 911
Light Reading - Aug 18, 2003
Novalux Inc., according to one report, hopes to emerge from Chapter 11 bankruptcy
as a medical laser vendor (see Headcount: Lights, Camera, Action! ).

Ex-National Century exec admits fraud plan
Boston.com, MA - Aug 18, 2003
She faces up to five years in prison and a $250,000 fine. National Century,
based in suburban Dublin, filed for federal Chapter 11 bankruptcy on Nov.

S&P Asgns North Str Ref - Linked Nts 2003 - 5 Prelim Rtgs
Business Wire (press release) - Aug 18, 2003
preliminary ratings. The legal structure of the transaction, which
includes the bankruptcy remoteness of the issuer. North Street

Power-cut finger points at Bush
New Zealand Herald, New Zealand - Aug 18, 2003
Enron, then six months away from bankruptcy, was a key player, both as an energy
supplier and also as one of the architects of California's ill-conceived

Personal bankruptcies continue to surge
Seattle Post Intelligencer, WA - Aug 18, 2003
The American Bankruptcy Institute said Monday that personal bankruptcy filings
totaled 1,613,097 - an all-time high for any 12-month period.

Verizon Wireless Eyes Bid for NextWave Airwaves
Reuters, UK - Aug 18, 2003
for $1.4 billion in cash. NextWave NXLCQ.PK , which has been in bankruptcy protection
since 1998, and Cingular, a joint venture between BellSouth Corp.

Hoover arrested and jailed
Denver Business Journal, CO - Aug 18, 2003
inmate information office. Most of Hoover's assets are tied up in his
Chapter 7 bankruptcy liquidation proceedings. Creditors have

Court narrows Chapter 11 tax loophole
Boston.com, MA - Aug 18, 2003
a popular tax loophole for real estate sold during Chapter 11 cases, meaning more
money for local governments and less for companies restructuring in bankruptcy

Horsehead Industries, Inc. Moves Forward with Sale
Yahoo News (press release) - Aug 18, 2003
able to actually improve the value of our major operating assets, and stabilize
our cash flow, despite the high cost and difficulties of being in bankruptcy

FirstEnergy Under Scrutiny for Blackout
Reuters, UK - Aug 18, 2003
merchant energy companies played in it began an avalanche of criticism of the power
industry that only gathered momentum with Enron's collapse and bankruptcy

Disgraced Grubman still on payroll at Citigroup
Independent, UK - Aug 18, 2003
deliberately overvaluing companies on Salomon Smith Barney's client roster even when,
like WorldCom and Global Crossing, they were spiralling towards bankruptcy

Discount Tango fares to spread to entire network: Air Canada
CBC News, Canada - Aug 18, 2003
11 terrorist attacks. It filed for bankruptcy protection in April but was
hit with additional travel jitters when SARs hit Toronto in the spring.

MTR Gaming CEO joins Weirton Steel board of directors
Kansas City Star, MO - Aug 18, 2003
the Chester-based Mountaineer Race Track & Gaming Resort in 1995, replaces attorney
Rob D'Anniballe, Jr., who resigned to focus on Weirton Steel's bankruptcy

Settlement talks progress in IPO-spinning lawsuit
Forbes - Aug 18, 2003
WorldCom, looking to emerge from bankruptcy after a scandal that rocked
equity markets, is now doing business under the name MCI.

Venezuela paper firm Venepal fights worker takeover
Forbes - Aug 18, 2003
Venepal said in 2001 that it expected to declare Chapter 11 bankruptcy and
had sought a $20 million government loan to shore up its operations.

Settlement talks progress in IPO-spinning lawsuit
Reuters, UK - Aug 18, 2003
WorldCom, looking to emerge from bankruptcy after a scandal that rocked equity
markets, is now doing business under the name MCI WCOEQ.PK MCWEQ.PK .

Bankruptcy filings set records
Kansas City Business Journal, MO - Aug 18, 2003
Showing the continuing toll of the country's sluggish economy, the number
of bankruptcy filings has once again broken records. During

Public, private investors play golf course roulette
Sebastian Sun, FL - 14 Aug 19, 2003
2002. The course, on 102 acres owned by the city and 28 acres owned
by Florida East Coast Railway, was headed toward bankruptcy.

WICHITA PLANES' FLIGHT INTO HISTORY
Wichita Eagle, KS - 14 Aug 19, 2003
the Spirit of Dallas. Just three days before the start of the race,
Swallow declared bankruptcy. After Moellendick's departure and

Bankruptcies nationwide reach a 12-month record of 1.65 million
Wichita Eagle, KS - 14 Aug 19, 2003
Bankruptcy filings nationwide for that period totaled 1.65 million,
the largest number of cases ever filed in that length of time.

Swiss International 2nd-Qtr Loss Narrows on Job Cuts (Update4)
Bloomberg - 14 Aug 19, 2003
The carrier isn't considering bankruptcy among options in its business
plan, which its board of directors will consider in coming weeks.

State bankruptcy filings fall, but economic indicators mixed
Provo Daily Herald, UT - 14 Aug 19, 2003
Utah's July bankruptcy filings fell 7.2 percent -- bucking national economic trends
that sent the US bankruptcy filings for the same month up to record highs

Bill allows city to demolish 850 units, must replace 635
New Britain Herald, CT - 14 Aug 19, 2003
Pawlak, who noted that if this legislation had been passed five years earlier the
New Britain Housing Authority (NBHA) would not now be contemplating bankruptcy

Morgan Stanley Leads in Bond Sales Backed by Home Equity Loans
Bloomberg - 15 Aug 19, 2003
Standard & Poor's. WorldCom Inc.'s bankruptcy last year, for example,
affected one of every eight CDOs, according to S&P. CDOs are

Dow hits 14-month high...Housing starts seen slipping...
WHNT, AL - 15 Aug 19, 2003
The American Bankruptcy Institute says from July of 2002 through June of this year
there were more than one-point-six (m) million personal bankruptcy filings.

Columbia mayor asks council not to name interim council member
The Tennessean, TN - 15 Aug 19, 2003
two felony bad-check charges. Court records also show he is in the middle
of bankruptcy proceedings. Matlock is charged with writing

BWI shares in success of Southwest
Baltimore Sun, MD - 15 Aug 19, 2003
the Baltimore market, where industry employment has suffered in the past two years
as a result of severe cutbacks by US Airways, which emerged from bankruptcy

Halaco pollution case goes to jurors
Ventura County Star, CA - 15 Aug 19, 2003
In May, a federal bankruptcy judge ruled that ChannelKeeper of Santa Barbara
could proceed with its US District Court lawsuit against Halaco.

Myers Industries promotes executive
Akron Beacon Journal, OH - 15 Aug 19, 2003
representatives. Arneault replaces attorney Rob D'Anniballe Jr., who
resigned to focus on Weirton Steel's bankruptcy proceedings.

Alstom chief to return €4.1m pay-out
Financial Times (subscription), UK - 15 Aug 19, 2003
his successor Patrick Kron was forced to seek backing from the French government
for a €2.8bn rescue package to save the debt-crippled group from bankruptcy

DJ VU ALL OVER AGAIN
Yahoo News - 15 Aug 19, 2003
Recall, too, how the credit agencies, with Gotham facing bankruptcy in
the '70s, still blessed the city's ever-more unmanageable debt load.

Tanglewood subsidiary files for bankruptcy
Sherman Denison Herald Democrat, TX - 15 Aug 19, 2003
BY JESSICA LIVINGSTON. POTTSBORO -- TRP Management Inc., a subsidiary of Tanglewood
Resort Properties, filed for Chapter 11 bankruptcy protection Thursday.

MCI deal calls for firm to pay telco $17M
Rocky Mountain News, CO - 15 Aug 19, 2003
According to a motion filed Monday, MCI is seeking bankruptcy court approval
of a settlement that calls for it to pay Qwest $17 million in cash.

Business briefs
Denver Post, CO - 15 Aug 19, 2003
BANKRUPTCY FILING BRINGS FRAUD INDICTMENT: A federal grand jury in Denver has indicted
a Florida man on charges of bankruptcy fraud, claiming he concealed

United backs off threat to sue city over lease
Rocky Mountain News, CO - 15 Aug 19, 2003
Green said the threat of legal action, stated by United's bankruptcy attorneys
in a letter to Denver on July 14, had been designed to move the negotiations

Colorado indicts Florida man in fraud case
Rocky Mountain News, CO - 15 Aug 19, 2003
A federal grand jury in Denver indicted a Florida man Monday for hiding
hundreds of thousands of dollars from the Colorado bankruptcy court.

Tip spurs second arrest of bankrupt financier
Rocky Mountain News, CO - 15 Aug 19, 2003
at the Denver district attorney's office said they discovered only the day before
that Hoover, who doesn't have a stockbroker's license and declared bankruptcy

MCI workers gird for layoffs
Denver Post, CO - 15 Aug 19, 2003
By Jennifer Beauprez, Denver Post Business Writer. Emerging from bankruptcy and
shaking the stigma of corporate corruption are tough enough goals for MCI.

Brayton Point plan overdue
The Herald News, NJ - 15 Aug 19, 2003
PG&E NEG has filed for bankruptcy, and last month submitted a reorganization
plan, according to Natalie Wymer, company spokeswoman.

SADDAM'S ORPHANS
New York Post, NY - 15 Aug 19, 2003
2003 -- BARRING a last-minute miracle, the pan-Arab Ba'ath Socialist Party, one of
Jordan's oldest political organizations, is expected to file for bankruptcy

Ex-VP pleads guilty in $1 billion fraud
Raleigh News, NC - 15 Aug 19, 2003
National Century's subsequent Chapter 11 filing forced at least two other companies
into bankruptcy, including physician-staffing company PhyAmerica Physician

An affair of the wallet
Philadelphia Inquirer, PA - 15 Aug 19, 2003
Market. WCOM is the former ticker symbol for WorldCom Inc., which was
then tracing its impressive arc into Bankruptcy Court. Buying

Alstom may shed '300 more jobs'
icBirmingham, UK - 15 Aug 19, 2003
Alstom’s market value has crumbled by over 90 per cent in the past two years
amid costly problems with its heavy gas turbines, the bankruptcy of a major

Firm conned in mining deal
Miami Herald, FL - 15 Aug 19, 2003
he brought Goldberg. Consolidated wanted capital to buy the mining
assets of Pen Holdings, a company in bankruptcy. As collateral

Editorial: Shocking list of risks for NWE
Billings Gazette, MT - 15 Aug 19, 2003
Montana cities and schools. - The company itself has admitted that bankruptcy
is a possibility -- in the near future. The PSC should

Man pleads not guilty to fraud
Billings Gazette, MT - 15 Aug 19, 2003
A former Dawson County farmer pleaded not guilty Monday to federal
bank fraud and three counts of bankruptcy fraud. Gerald G. Deines

PSC seeks limits on NWC
Billings Gazette, MT - 15 Aug 19, 2003
After reporting a loss last week of almost $58 million for the second quarter,
the company talked of bankruptcy as a near-term possibility.

Sprint's new CEO says reorganization will be complete in 2003
Kansas City Star, MO - 15 Aug 19, 2003
the fraud. I don't think the bankruptcy laws could have contemplated
a WorldCom or Enron, just in terms of the magnitude. The $750

Race is solid gold once more
Detroit Free Press, MI - 15 Aug 19, 2003
It took a bankruptcy, a check from the Chrysler-Jeep dealers, a quick arrest by police
and the guiding hand of a former driver and three-time Gold Cup winner.

County may enter landfill case
Bloomington Pantagraph, IL - 16 Aug 19, 2003
fire hazard and potential environmental damage at the Livingston Landfill has prompted
Livingston County to consider intervening in a four-year-old bankruptcy

Critics question fees charged to long-distance companies
Detroit Free Press, MI - 16 Aug 19, 2003
MCI rejects the charges by its rivals, especially AT&T, as a frivolous attempt to
throw up an eleventh-hour roadblock in MCI's bid to emerge from bankruptcy

Swiss reports SFr333 million first-half loss
NZZ, Switzerland - 16 Aug 19, 2003
Swiss’s cash reserves cannot fall below the SFr500 million mark,
without risking bankruptcy under Switzerland’s corporate laws.

Two more police officers jailed
Times Picayune, LA - 16 Aug 19, 2003
Reed has said investigators believe that Lala, who filed for bankruptcy in
May, began selling the commissions to deal with financial problems. Sgt.

Dow hits 14-month high...Housing starts seen slipping...
KFOR-TV, OK - 16 Aug 19, 2003
The American Bankruptcy Institute says from July of 2002 through June of this year
there were more than one-point-six (m) million personal bankruptcy filings.

CONSUMER BANKRUPTCIES HIT RECORD 1.61M
New York Post, NY - 16 Aug 19, 2003
August 19, 2003 -- Bankruptcy filings by US consumers soared to a record 1.61 million
in the year that ended June 30, as unemployment touched a nine-year high

IMTA: Service, product key to Ingersoll future
Rockford Register Star, IL - 17 Aug 19, 2003
Officials at Morris Anderson, the crisis management firm in Ingersoll’s bankruptcy
case, declined to identify the number of bidders, citing confidentiality.

State tells plan to notify members coverage halted
Newark Star Ledger, NJ - 17 Aug 19, 2003
The plan could decide by week's end whether to file for bankruptcy,
according to Lou Rothbart, executive director of the association.

Placing their bets
GamblingMagazine.com - 17 Aug 19, 2003
competition. Otto's casino and the Black Forest Inn filed for bankruptcy
last year and are scheduled to be sold at auction. Bill

ITW seals deal for Acme Packaging
Munster Times, IN - 17 Aug 19, 2003
(ITW) has closed on its purchase of Acme Packaging Corp., a leading producer of
steel strapping products which was spun off during the Acme Metals bankruptcy.

Colona drainage plan laid out
Rock Island Argus, IL - 17 Aug 19, 2003
responsible,'' Mr. Shamsie said. He added he sold three lots to homebuilder
Cindco Inc., which has filed for bankruptcy. ``What you're

Consumer Sovereignty and Efficient Retailers
Lew Rockwell, CA - 17 Aug 19, 2003
The organization had already sent the money to missionaries. It had to declare bankruptcy.
The director soon suffered a stroke and died. Don’t kid yourself.

Review for Kmart Account Broadens
New York Times - 17 Aug 19, 2003
of anonymity, is that Grey Worldwide will probably land the assignment to create
television and magazine campaigns for Kmart, which emerged from bankruptcy in

2 Airlines Are Exception to Cutthroat Competition
New York Times - 17 Aug 19, 2003
at Continental, took a crack at several competitors when asked to discuss the industry's
dismal economics and the option airlines have of filing for bankruptcy

Air Stabilization Chief Accepts Consulting Job
New York Times - 17 Aug 19, 2003
Without the loan guarantee, United had limited access to the capital
markets and was forced to file for bankruptcy protection. It

Lender's Former VP Pleads Guilty
Washington Post - 17 Aug 19, 2003
pleaded guilty yesterday to conspiring to commit securities fraud, as part of a
collapse that helped drive hundreds of health care providers into bankruptcy

Ameren, Dynegy keep the lights on here
St. Louis Dispatch, MO - 17 Aug 19, 2003
While no analyst is predicting bankruptcy, it remains an open question as to whether
Dynegy's financial problems in Houston can reach into homes in Illinois.

Vocalis in Talks with Potential Buyer
Computer Business Review, UK - 17 Aug 19, 2003
Prior to this, Vocalis narrowly avoided bankruptcy just before Christmas in 2001,
when it raised 4.1m pounds ($6.5m) though an issue of shares at a hugely

2nd Special Metals vote set for Monday
Huntington Herald Dispatch, WV - 17 Aug 19, 2003
If the workers reject the concessions again, there "is a very high probability"
the company will move from Chapter 11 bankruptcy -- reorganization -- to

8-19, Local: Contractor bankruptcy means Spring Hill pipeline
News Journal, TX - 18 Aug 19, 2003
Underground Service Co. of Crossett, Ark., voluntarily defaulted on the
contract earlier this year and filed for bankruptcy. The Longview

Top financial officer pleads guilty to fraud
Arizona Republic, AZ - 18 Aug 19, 2003
More than 275 health care providers, including Scottsdale-based Doctors Community
Healthcare, either have collapsed or filed for bankruptcy as a result of the

Seurat falls on hard times
Charlotte Business Journal, NC - 18 Aug 19, 2003
I can't talk to anyone about anything. You can't appreciate the legal situation.".
Seurat filed for bankruptcy protection in Chicago earlier this year.

For sale : 545000 square feet
South Florida Business Journal, FL - 18 Aug 19, 2003
retooling after its own financial crash, which prompted it to sell a majority of
its assets to private investors and toss the rest into Chapter 11 bankruptcy

Regional Telecom Soon May Emerge from Its Bankruptcy
Winchester Star, VA - 18 Aug 19, 2003
By Drew Houff. Waynesboro-based nTelos Inc. should get the green light Friday
to proceed with its reorganization as it moves out of Chapter 11 bankruptcy.

National Century's Ex-Chief Poulsen Implicated in Fraud Scheme
Bloomberg - 18 Aug 19, 2003
Poulsen, who helped found National Century with his wife and two other associates
in 1991, was forced out after the firm sought bankruptcy protection in

Briefs: Nation & world
Houston Chronicle, TX - 18 Aug 19, 2003
members. Greenfield joined the company in 2002 amid an accounting
scandal and steered it through bankruptcy proceedings. · Ford

A Bring-It-On Director Who Is His Own Profit Center
Washington Post, DC - 18 Aug 19, 2003
on weekends. He took a job as a Justice Department lawyer, working
in the bankruptcy, fraud and white-collar crimes division. He

Gathering Launches Railroad Tycoon 3 Website
Gameinfowire.com - 18 Aug 19, 2003
of the Golden Era of Railroading and expand their empire into major cities, while
purchasing the latest locomotives, forcing competitors into bankruptcy, and

Bought, fair and square
Providence Journal Bulletin (subscription), RI - 18 Aug 19, 2003
Then there's the successful measure to make it harder for heavily indebted
consumers to seek protection through filing for bankruptcy.

Shakeup for Cooker begins near Easton
Columbus Business First, OH - 18 Aug 19, 2003
It's a small change but one of many Hillenmeyer has cooked up in an attempt to revitalize
a restaurant company that is 10 months out of Chapter 11 bankruptcy

W. Bernard Richland, 94, Counsel in Fiscal Crisis, Dies
New York Times - 18 Aug 19, 2003
Agent Orange. As corporation counsel from 1975 to 1977, he headed
the city's Law Department when New York faced bankruptcy. Like

Business News Briefs: 8/19/03
Pittsburgh Post Gazette, PA - 18 Aug 19, 2003
Union. Arneault replaces lawyer Robert D'Anniballe Jr., who resigned
to focus on representing the union in bankruptcy proceedings.

Top performers in up & down markets
CBS MarketWatch - 18 Aug 19, 2003
Mostly through bankruptcy, but it can also happen when a sole proprietor, who is
also the plan's fiduciary, dies without leaving a blueprint for someone else

Farmland's bill nears $30M -- and counting
Kansas City Business Journal, MO - 18 Aug 19, 2003
filed for bankruptcy, the Kansas City-based cooperative has paid close to $30 million
in professional fees to lawyers, accountants and financial advisers.

Plant to be part of Bladen lease-buy deal
Fayetteville Online, Fayetteville NC - 19 Aug 19, 2003
filed voluntary Chapter 11 bankruptcy proceedings in the US Bankruptcy
Court for the Eastern District of North Carolina on July 15.

StarBand Would Yield To Creditors
Washington Post, DC - 19 Aug 19, 2003
$14 million and let its creditors take ownership of the firm, the company said in
the reorganization plan it submitted late last week to a federal bankruptcy

RIAA Responds to Senator
Washington Post, DC - 19 Aug 19, 2003
WorldCom is seeking bankruptcy court approval of a settlement that calls for
it to pay Qwest Corp. and Qwest Communications Corp. $17 million in cash.

Surges in Energy Prices Examined After Power Failure
New York Times - 20 Aug 19, 2003
tactics. Today, Enron which is struggling to emerge from bankruptcy
protection does not even have an energy trading operation. Other

New Orleans Fair Grounds Files for Chapter 11 Bankruptcy
Casino City Times, MA - 20 Aug 19, 2003
NEW ORLEANS – As reported by the Associated Press: ``The Fair Grounds has filed
for Chapter 11 bankruptcy after losing a court ruling that will likely force

Former SoCal attorney sentenced on fraud charges
San Jose Mercury News, CA - 20 Aug 19, 2003
The Los Angeles County district attorney's office said Segal filed three voluntary
bankruptcy petitions between 1998-2000, using different Social Security

US to Allow Northwest Air to Use Stock In Pensions
New York Times - 20 Aug 19, 2003
Northwest's chief executive, Richard H. Anderson, had warned that the carrier was
in danger of following US Airways and United Airlines into bankruptcy, and he

Hong Kong hit by negative equity in house market and rising
Financial Times (subscription), UK - 20 Aug 19, 2003
But if unemployment rises further and the market falls another 20-30 per cent,
more might opt for bankruptcy, putting Hong Kong's banking sector at risk.

Government allows NWA to contribute stock to pension plans
Minneapolis Star Tribune, MN - 20 Aug 19, 2003
cash. The decision, aimed at helping the carrier avert bankruptcy, models
a strategy the government has permitted only twice before.

Warne's brother says the scrutiny is becoming too much
Asia Pacific Media Network - 21 Aug 19, 2003
Bankruptcy sign of hard times for porn mags The traditional men's magazine market
has gone limp as readers desert pornographic magazines for the less-sex-and

Sands ’ cash flow up 43 % , thanks to cost cuts
Press of Atlantic City, NJ - 10 Aug 19, 2003
Billionaire investor Carl Icahn, who acquired Sands through bankruptcy court three
years ago, spent millions on back-of-the-house improvements in the first two

WGI posts record earnings
IdahoStatesman.com - 10 Aug 19, 2003
million, or 15-cent-a-share, one-time charge related to an under-accrual of employee
benefits for periods before the company´s 2002 emergence from bankruptcy.

There's A Boom In Going Bust
WISC, WI - 10 Aug 19, 2003
The American Bankruptcy Institute says from July of 2002 through June of this
year there were more than 1.6 million personal bankruptcy filings.

USA: Kasper Q2 Profit Falls 75% On Charges, Sales Up
just-style.com, UK - 10 Aug 19, 2003
Kasper ASL Ltd, on Monday posted a sharp slide in second quarter net income as it
was hit by hefty restructuring charges following its filing for bankruptcy

Kennewick official reflects on service
Mid Columbia Tri City Herald, WA - 10 Aug 19, 2003
He was on board when Southridge High School was built and saw Canyon Lakes go from
teetering on bankruptcy to the high-end residential community it has become.

MCI says may make more restatements
Forbes - 10 Aug 19, 2003
of financial results as the No. 2 US long-distance telephone carrier
tries to emerge from bankruptcy. In a filing with the Securities

MCI faces more restatements
CNN Europe, Europe - 10 Aug 19, 2003
restatements of financial results as the No. 2 US long-distance telephone
carrier tries to emerge from bankruptcy. In a filing with the US

Jack Grubman works cheap these days - and that's good for
Financial Times (subscription), UK - 11 Aug 19, 2003
A yearly salary of $200,000 is 1 per cent of the $20m he made touting the stocks
of WorldCom, Global Crossing and others - before they crashed into bankruptcy.

It's all about sex
News24, South Africa - 11 Aug 19, 2003
has caused a drop in Penthouse's circulation. The magazine filed for
bankruptcy last week. "Today, there are triple-X videos, adult

Engineering stocks gain on hope of US power spend
Reuters, UK - 11 Aug 19, 2003
Alstom, which earlier this month agreed on a state-backed bailout to
avert bankruptcy, said the need for investment was good news.

US personal bankruptcies grew by 10% in 12 months ended June
MENAFN, Africa - 11 Aug 19, 2003
The American Bankruptcy Institute said that personal bankruptcy filings grew
by 10 percent to reach 1,613,097, an all-time high for any 12-month period

Goldman set to bid for Canary Wharf
Guardian, UK - 11 Aug 19, 2003
Mr Reichmann developed the site in the 1980s, saw his pet project sink into bankruptcy
before buying it back from the banks to float it on the stock market in

French chief says ' non ' to £ 3m payout
Edinburgh Evening News, UK - 11 Aug 19, 2003
icon, but its market value has fallen by more than 90 per cent in the past two years
due to costly problems with its heavy gas turbines, the bankruptcy of a

PanGeo gets OK for sale
Montreal Gazette, Canada - 11 Aug 19, 2003
and supplies a range of specialty pharmaceutical products and services to Canadian
and international markets, entered court-ordered protection from bankruptcy

Colma sues owners of summer camp
San Mateo County Times, CA - 12 Aug 19, 2003
for comment on Monday, although a recorded office message stated that the camp --
which had operated for 18 years in the County -- has filed for bankruptcy due

Hear the One About the Lawyer Who's a Real Shark?....It's True
The Ledger, Florida - 12 Aug 19, 2003
Guard, who started practicing law in 1973 with Quillian Yancey before Yancey became
state attorney, said his practice has consisted of bankruptcy, family law

Colma seeks reimbursement from defunct summer camp
Tri-Valley Herald, CA - 12 Aug 19, 2003
for comment Monday, although a recorded office message stated that the camp -- which
had operated for 18 years in the county -- has filed for bankruptcy due to

Bankruptcies set record
Oakland Tribune, CA - 12 Aug 19, 2003
Bankruptcy filings by US consumers soared to a record 1.61 million in the year that
ended June 30, as unemployment touched a nine-year high, court records show

Swiss International 2nd-Qtr Loss Narrows on Job Cuts (Update6)
Bloomberg - 12 Aug 19, 2003
end of 2002. The carrier isn't considering bankruptcy among options
in its business plan, it said last week. ``These figures clearly

Businesss briefcase
Press Herald, ME - 12 Aug 19, 2003
former Great Northern Paper Co. was insolvent in May 2001, a year
and a half before it filed for bankruptcy. The answer will help

DONALD TRUMP AS REALITY SHOW AND CONSUMER BRAND
AdAge.com - 12 Aug 19, 2003
After successes in the '80s, Trump's world collapsed in 1990, when he was almost
forced into bankruptcy after taking on too much debt for his three Atlantic

Daily Briefing
Atlanta Journal Constitution, GA - 12 Aug 19, 2003
securities fraud. National Century's subsequent Chapter 11 filing
forced at least two other companies into bankruptcy. A former

Georgia Blue Chips
Atlanta Journal Constitution, GA - 12 Aug 19, 2003
didn't involve any fraud. Mirant filed for Chapter 11 protection
with the US Bankruptcy Court in Fort Worth, Texas, on July 14.

Bankruptcies Set Record
Newsday - 12 Aug 19, 2003
The wait's a lot longer at bankruptcy court these days, says Islandia attorney
Alan Pressman, who has seen a steady increase in the number of bankruptcy

In Brief
Washington Post, DC - 12 Aug 19, 2003
The decision means that the hospital, which this year filed for bankruptcy protection,
will lose most or all of its remaining paying customers, since private

Crate and Barrel outlet leaving Clinton Crossing
Clinton Recorder, CT - 13 Aug 19, 2003
Crate and Barrel's retail space at Clinton Crossing will be occupied by a new Calvin
Klein store, as the clothier emerges from bankruptcy under new ownership.

Jail budget stirs council debate
Gary Post Tribune, IN - 13 Aug 19, 2003
10 percent. The move was fallout from when Bethlehem Steel, the county’s
largest tax payer, declared bankruptcy in 2001. County

Coming through the crisis
News24, South Africa - 13 Aug 19, 2003
was a catalyst in the collapse of that airline, much the same as the TWA 700 crash
off the US coast a few years ago helped that airline into bankruptcy.

Expert Do's and Don'ts for College Students Facing the Credit
PRNewswire (press release) - 13 Aug 19, 2003
responsibility. Bankruptcy filings for 18- to 25-year-olds hit a new high,
numbering almost 150,000, a tenfold increase in just five years.

Old attitudes haunt France's bankruptcy laws
Financial Times (subscription), UK - 14 Aug 19, 2003
The crisis at Alstom, the engineering group, has accelerated plans to reform France's
bankruptcy laws and the government hopes to introduce draft legislation

W. Bernard Richland, city counsel during 1970s fiscal crisis,
Newsday - 14 Aug 19, 2003
He was 94. As corporation counsel for the city from 1975 to 1977, Richland
headed the Law Department when New York was on the brink of bankruptcy.

Labor dispute sends championships to Wis.
Baltimore Sun, MD - 14 Aug 19, 2003
Mirant, the Atlanta-based company that supplies most of the electricity to Washington
and its Maryland suburbs, filed for bankruptcy protection July 14.

'With medication, I am normal'
Jackson Clarion Ledger, MS - 14 Aug 19, 2003
If somebody starts a business and it fails, that may lead to a bankruptcy, but when
you're dealing with all the felons in a county there's a bit more at stake.

Morning memo
Cincinnati Enquirer, OH - 14 Aug 19, 2003
MANY SPECIALTIES: Founded in 1929, this law firm provides expertise in a wide range
of areas, from banking and bankruptcy to trademark and e-commerce law.

News briefs from California's Central Coast
San Jose Mercury News, CA - 8 Aug 19, 2003
Grande and Corona hospitals for $121 million. Vista is currently in bankruptcy
court. Universal Health wants the option of consolidating

PG&E Net Up, Merchant Unit Losses Narrow
Reuters, UK - 8 Aug 19, 2003
The San Francisco-based company, whose two main units have filed for bankruptcy,
reported second-quarter net income of $227 million, compared with $218 million

CSO musicians take 18% pay cut
Charleston Post Courier, SC - 8 Aug 19, 2003
Orchestras all over the country are having trouble making ends meet. Symphonies have
declared bankruptcy, shortened seasons and even have shut down altogether.

Polymer to pay Zucker $3.6M
Charleston Post Courier, SC - 8 Aug 19, 2003
Zucker also is set to receive $109,154 in vacation pay and a $203,333 retention bonus
for staying with the company during its 10-month bankruptcy reorganization

TEXT-S&P comments on Liberty Media
Reuters, UK - 8 Aug 19, 2003
will consolidate on its balance sheet nearly $4 billion of UGC/UPC debt (excluding
about $3.3 billion of UPC obligations subject to UPC's pending bankruptcy

BMC Seeks Debt Relief, More Job Cuts
Boston.com, MA - 8 Aug 19, 2003
television parts, on Tuesday said it is cutting more jobs as it negotiates with lenders
over its debt agreements, but said it may be forced to seek bankruptcy

PG&E Second-Quarter Profit Rises 4.1% to $227 Million (Update1)
Bloomberg - 8 Aug 19, 2003
The loss at National Energy Group, which has filed for bankruptcy protection, narrowed
to $103 million, or 25 cents a share, from $241 million, or 65 cents.

Business Editors/High-Tech Writers
Business Wire (press release) - 8 Aug 19, 2003
may be interrupted and our costs may increase due to the filing by MCI and Global
Crossing for protection under Chapter 11 of the United States Bankruptcy Code

Tightly packed trailers fill Lockeford Street lot
Lodi News-Sentinel, CA - 8 Aug 19, 2003
Dodge auto dealership. Consolidated Freightways declared bankruptcy
in 2002 and sold off all of its trucks and trailers. Viel bought

Employee maneuvers anger WP Local 1223
Martins Ferry Times Leader, OH - 8 Aug 19, 2003
of America Local and Wheeling-Pittsburgh Steel a few short weeks after a new labor
agreement was signed and the steelmaker emerged from Chapter 11 bankruptcy

Farms Technology, takes over Rooster's business, technology
Agriculture.com - 8 Aug 19, 2003
com over its short life span, Farms Technology, LLC announced Tuesday it acquired
substantially all of its assets during the failed dot com's bankruptcy

Royal Bank to receive US$195 million in settlement with Enron
Canada.com, Canada - 8 Aug 19, 2003
After Enron filed for bankruptcy, the EOG shares were sold in the fall of 2002 and
the proceeds of $440 million US were placed in a segregated escrow account

Penthouse Exec Says All Men Are the Same
Attleboro Sun Chronicle, MA - 8 Aug 19, 2003
caused a drop in Penthouse's circulation. The magazine filed for Chapter
11 bankruptcy last week. "Today, there are triple-X videos

UPDATE 2-BJ's Wholesale second quarter earnings drop
Reuters, UK - 8 Aug 19, 2003
less than 1 cent per share as a result of lower reserve costs for lease obligations
related to home-improvement retailer House2Home, which filed for bankruptcy

Color Commentary: As Portland considers condemnation to acquire
Portland Tribune, OR - 8 Aug 19, 2003
Portlanders respond to this question: With Portland General Electric's future uncertain
because of the Enron bankruptcy, should the city of Portland seek to

Latino festival workers vent at promoter
Fitchburg Sentinel, MA - 8 Aug 19, 2003
Members of the group who were worried Morales will file for bankruptcy discussed
getting their money from festival sponsors, such as Pepsi, which donated all

RBC reaches settlement in Enron dispute
The Globe and Mail, Canada - 8 Aug 19, 2003
The settlement relates to proceeds from the sale of 11.5 million shares of EOG
Resources Inc. "After Enron filed for bankruptcy, the EOG shares were the

HNC's ex-boss named Peregrine CEO
San Diego Union Tribune, CA - 8 Aug 19, 2003
The change was one more sign that a new crew has taken control of the San Diego
software developer, which emerged from Chapter 11 bankruptcy Aug. 7.

In brief: Opto Speed, Mantis, FLX Micro, Citizen
Compound Semiconductor, UK - 8 Aug 19, 2003
Opto Speed, a Swiss manufacturer of lasers, pin detectors and optical front-ends,
has been forced to file for bankruptcy after two of its biggest investors

Personal bankruptcies at all-time high
San Diego Union Tribune, CA - 8 Aug 19, 2003
The American Bankruptcy Institute said yesterday that personal bankruptcy
filings totaled 1,613,097 – an all-time high for any 12-month period.

British firm says it again interested in buying Pillowtex
Raleigh News, NC - 9 Aug 19, 2003
In a filing Monday with the US Bankruptcy Court in Delaware, Broome & Wellington
described itself as a "prospective purchaser" of substantially all of

Royal Bank to get $195 million in share settlement
Reuters, UK - 9 Aug 19, 2003
ENRNQ.PK and others in a settlement agreement related to the sale of 11.5 million
common shares of EOG Resources EOG.N . "After Enron filed for bankruptcy, the

Royal Bank of Canada reaches settlement agreement in Enron
PRNewswire (press release) - 9 Aug 19, 2003
After Enron filed for bankruptcy, the EOG shares were the subject of a bankruptcy
court-approved stipulation among RBC, Enron, the Enron Creditors' Committee

PG&E Quarterly Earnings Fall
Washington Post, DC - 9 Aug 19, 2003
The San Francisco-based company, whose two main units have filed separately for
bankruptcy protection, reported second quarter net income of $227 million, or

Wind Power Could Save LED Big Bucks
Caledonian Record, VT - 9 Aug 19, 2003
said. And it will help replace power lost from other sources such as
Pacific Gas and Electric which is now in bankruptcy, he said.

Northwest OK to use stock in pensions
CNN/Money - 9 Aug 19, 2003
US Airways, as part of its bankruptcy reorganization, terminated its pilots' pension
plan and replaced it with a less expensive one because it could not afford

Netrover in dog pound
Chatham Daily News, Canada - 9 Aug 19, 2003
Cypost Corporation, their parent company, has filed under Chapter 11 in
the United States and Chapter 11 is bankruptcy protection,” he said.

MCI’s auditor finds ‘weaknesses’
MSNBC - 9 Aug 19, 2003
Ashburn, Virginia-based MCI filed for bankruptcy protection in July 2002 in
the wake of an accounting scandal involving sums of up to $11 billion.

LONDON CALLING
CBS MarketWatch - 9 Aug 19, 2003
French company Alstom (ALS: news, chart, profile), rescued this month from the threat
of bankruptcy by a controversial French government-backed bailout, is the

Magazine Readership Declining
Newsday - 9 Aug 19, 2003
Penthouse, which last week filed for bankruptcy, saw its newsstand sales
drop 21.4 percent while rival Playboy increased 4.2 percent.

OG&E to Acquire 77% Interest in McClain Power Plant; Fuel Savings
Yahoo News (press release) - 9 Aug 19, 2003
Act. Also, since NRG McClain has filed for bankruptcy, the acquisition
is subject to the approval of the bankruptcy court. OG&E

Delinquent taxpayer list will be published
eTruth, IN - 10 Aug 19, 2003
process is slow, sometimes taking 21/2 years to reach the point of advertising --
more than enough time for a business or resident to move, declare bankruptcy

SF's luxury Clift Hotel in Chapter 11 bankruptcy
San Francisco Chronicle, CA - 10 Aug 19, 2003
there's a lot going on behind the scenes at the five-star downtown San Francisco
hotel, whose operator, Ian Schrager Hotels, took the property into bankruptcy