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[Commentary] © 2003 Philip Hyde, The Timesizing Wire™, Box 622 Cambridge MA 02143 USA (617) 623-8080

Bankruptcies, May-August/2003


8/27/2003  1 bankruptcy mentioned in (WSJ) Wall Street Journal & (NYT) New York Times -

  1. Anchor Glass plans initial public offering, Bloomberg via NYT, C3.
    The Anchor Glass Container Corp...plan[s] to raise $143.8m in an IPO after being bought out of bankruptcy by Cerberus Capital Management....
    [How apt - wasn't Cerberus the 9-headed dog that guarded the gates of hades? We never caught Anchor (pun) before, so we're hoisting oops counting it now.]
8/26/2003  2 bankruptcies mentioned in (WSJ) Wall Street Journal & (NYT) New York Times -
  1. Bankruptcy plan by DVI Inc., a healthcare finance company, Reuters via NYT, C4.
    ...to reorg.... [prob. Ch.11]
    [Confirmed, with added names, by followup -]
    DVI Inc., DVI Financial Services Inc., DVI Business Credit Corp...Chapter 11, legal notice, 9/30/2003 WSJ, B11.

  2. Aerovias Nacionales de Colombia S.A...Chapter 11, legal notice, WSJ, B4.
    [This is here bundled with Avianca as jointly administered, but we caught Avianca on 3/22-24/2003 #3.]

8/22/2003  1 bankruptcy mentioned in (WSJ) Wall Street Journal & (NYT) New York Times - 8/21/2003  1 liquidation mentioned in (WSJ) Wall Street Journal & (NYT) New York Times - 8/20/2003  1 bankruptcy in (WSJ) Wall Street Journal & (NYT) New York Times - 8/19/2003  1 bankruptcy overview in (WSJ) Wall Street Journal & (NYT) New York Times - 8/16-18/2003  3 bankruptcies mentioned in (WSJ) Wall Street Journal & (NYT) New York Times -
  1. 8/16   Clift Hotel in San Francisco files for [Chapter 11] bankruptcy, NYT, C2.

  2. 8/18   Bankruptcy filing is made by Horizon PCS Inc. affiliate, WSJ, B6.
    An affiliate of Sprint Corp's PCS Group, Horizon PCS Inc., along with two subsidiaries [unnamed], filed for Chapter 11....

  3. 8/18   Petroleum Geo-Services ASA...Chapter 11, legal case, WSJ, B6.

8/15/2003  2 bankruptcies/liquidations mentioned in (WSJ) Wall Street Journal & (NYT) New York Times - our tracking has narrowed to barebones -
  1. Crystalane Inc. et al...Chapter 11, legal notice, WSJ, B6 (//NYT, C2).
    [This list includes LTV Steel, which we caught on 12/30/2000 #1.]

  2. Legion Insurance Co. and Villanova Insurance Co...liquidation, legal notice, WSJ, B6.

8/14/2003  1 bankruptcy mentioned in (WSJ) Wall Street Journal & (NYT) New York Times - our tracking has narrowed to barebones - 8/13/2003  3 bankruptcies mentioned in (WSJ) Wall Street Journal & (NYT) New York Times - our tracking has narrowed to barebones, dupe-filtering intermittent (not counting economywide "China's Communists are planning to overhaul [and render more transparent] laws governing bankruptcies, monopolies and other areas crucial to a market economy," pointer blurb (to A8), WSJ, front page) -
  1. Penthouse Magazine's publisher files for bankruptcy, Bloomberg via NYT, C4.
    General Media Inc., the publisher...based in NYC..\..filed in US Bankruptcy Court in Manhattan..\..yesterday after competition from other outlets left the company unable to pay its creditors.... General Media, a unit of Penthouse International [which] did not file..\..is 85% owned by Bob Guccione, who founded Penthouse in 1965....
    [Followup with associated names -]
    ...General Media Entertainment/Communications/Art Holding/(UK) Inc/Ltd, GMCI Internet Operations Inc, GMI On-Line Ventures Ltd, Penthouse Images Acquisitions Ltd, [!]Pure Entertainment Telecommunications Inc, [justaposed] Chapter 11, 12/15/2003 NYT, C6.

  2. Epic Capital Corp. et al...Chapter 11, legal notice, WSJ, B9.

  3. Actrade Financial Technologies Ltd., et al...Chapter 11, legal notice, WSJ, B9.

8/8/2003  1 bankruptcy mentioned in (WSJ) Wall Street Journal & (NYT) New York Times - our tracking has narrowed to barebones, dupe-filtering intermittent -
8/07/2003  1 bankruptcy mentioned in (WSJ) Wall Street Journal & (NYT) New York Times - our tracking has narrowed to barebones, dupe-filtering intermittent -
8/06/2003  1 bankruptcy mentioned in (WSJ) Wall Street Journal & (NYT) New York Times - our tracking has narrowed to barebones, dupe-filtering intermittent -
8/05/2003  1 bankruptcy mentioned in (WSJ) Wall Street Journal & (NYT) New York Times - our tracking has narrowed to barebones, dupe-filtering intermittent
(not counting economywide "Hang Seng Bank Ltd. [of Hong Kong]," Dow Jones via WSJ, C10, which states, "Bad-debt provisions jumped 62% to HK$456m, reflecting higher charges on residential mortgages and credit-card loans caused by the rise in unemployment, personal bankruptcies and the erosion of property collateral values, the bank said.") - 8/04/2003  1 liquidation mentioned in (WSJ) Wall Street Journal & (NYT) New York Times - our tracking has narrowed to barebones, dupe-filtering intermittent - 8/01/2003  1 bankruptcy & 1 liquidation mentioned in (WSJ) Wall Street Journal & (NYT) New York Times - our tracking has narrowed to barebones, dupe-filtering intermittent -
  1. UPC Polska Inc...Chapter 11, legal notice, WSJ, C5.
    [Compare UPC in general, 12/04/2002.]

  2. StorageNetworks to liquidate, by Charles Forelle, WSJ, B5.
    ...Waltham, Mass....

7/31/2003  1 bankruptcy mentioned in (WSJ) Wall Street Journal & (NYT) New York Times - our tracking has narrowed to barebones, dupe-filtering intermittent - 7/28/2003  1 bankruptcy from (WSJ) Wall Street Journal & (NYT) New York Times - our tracking has narrowed to barebones, dupe-filtering intermittent - 7/25/2003  2 bankruptcies from (WSJ) Wall Street Journal & (NYT) New York Times - our tracking has narrowed to barebones, dupe-filtering intermittent -
  1. James Cable Partners LP/James Cable Finance Corp...Chapter 11, legal notice, WSJ, B5 (//NYT C4).

  2. Creditors to seek receivership for Korean trading company [SK Global, originally South Korean Global?], by Don Kirk, NYT, C11.

7/23/2003  2 bankruptcies from (WSJ) Wall Street Journal & (NYT) New York Times - our tracking has narrowed to barebones, dupe-filtering intermittent -
  1. Seitel Inc. - Chapter 11 bankruptcy is filed with funding from Berkshire Hathaway, Dow Jones via WSJ, D7. [Hmm, Seitel (German for 'little side', originally Seitelein, cognate 'sideling') goes bust and Siebel (German for 'little sieve', originally Siebelein, cognate 'sieveling') downsizes, both on the same day, 7/23/2003.]

  2. Prime Succession Inc. et al... Chapter 11, legal notice, WSJ, B11.

7/19-21/2003  2 bankruptcy overviews & 1 bankruptcy - our tracking has narrowed to barebones, dupe filtering intermittent - this weekend's headlines are titled, "OH SURE, the recession's over" -
  1. 7/21 Magnatrax Corp. et al...Chapter 11, legal notice, WSJ, B4.
    [Wonder if this is the outfit that makes the magnatraction® for Lionel trains.]

7/18/2003  4 bankruptcies from (WSJ) Wall Street Journal & (NYT) New York Times - our bankruptcy tracking has narrowed to barebones, dupe filtering intermittent -
  1. Earthcare Co. et al...Chapter 11, legal notice, WSJ, B5.

  2. Vanderveer Estates Holding LLC...Chapter 11, legal notice, WSJ, B5.

  3. Lisanti Foods (of Texas/Arizona) Inc...Chapter 11, legal notice, NYT, C2.

  4. Kleinert's Inc. et al...Chapter 11, legal notice, NYT, C6.

7/16/2003  1 bankruptcy from (WSJ) Wall Street Journal & (NYT) New York Times - our bankruptcy tracking has narrowed to barebones, dupe filtering intermittent - 7/15/2003  1 bankruptcy from (WSJ) Wall Street Journal & (NYT) New York Times - our bankruptcy tracking has narrowed to barebones, dupe filtering intermittent - 7/11/2003  4 bankruptcies & 1 liquidation from (WSJ) Wall Street Journal & (NYT) New York Times - our bankruptcy tracking has narrowed to barebones, dupe filtering intermittent -
  1. NOW Communications Inc...Chapter 11, WSJ, B5.
  2. Eagle Food Centers Inc, et al...Chapter 11, WSJ, B5.
  3. InterBank Funding Corp, IBF VI -SL, IBF CF, IBF PHG...Chapter 11, WSJ, B5.
  4. Maxxim Medical Group Inc, et al...Chapter 11, WSJ, B5.
  5. Weatherly Securities Corp...SIPA liquidation, WSJ, B5 (//NYT, C6).
7/09/2003  our bankruptcy tracking has narrowed to barebones, from (WSJ) Wall Street Journal & (NYT) New York Times - 7/08/2003  our bankruptcy tracking has narrowed to rote mentions, no duplicate-filtering research, in (WSJ) Wall Street Journal & (NYT) New York Times -
  1. General Datacomm Industries Inc. et al...Chapter 11, legal notice, WSJ, B8.
  2. Argus Systems Group Inc..., legal notice, WSJ, B8.
7/05-07/2003  our bankruptcy tracking has narrowed to rote mentions, no duplicate-filtering research, in (WSJ) Wall Street Journal & (NYT) New York Times -
  1. 7/7 Biotransplant Inc. and Eligix Inc...Chapter 11, legal notice, WSJ, A14.
  2. 7/7 Headway Corporate Resources Inc...Chapter 11, legal notice, WSJ, A14.
  3. 7/7 Insite Services Corp...Chapter 11, legal notice, WSJ, A14.
  4. 7/7 Ogden-New York Services Inc. et al...Chapter 11, legal notice, WSJ, A14.
  5. 7/05 Australia seeks criminal case in major corporate collapse, Dow Jones via WSJ, C11.
    Prosecutors will seek to pursue a criminal case relating to the Austral.$5.3B ($3.6B) collapse of
    HIH Insurance Ltd. Treasurer Peter Costello and Atty. Gen. Daryl Williams said criminal proceedings will be pursued under the Corporations Act and the Crimes Act of New South Wales. A royal commission probe attributed the collapse to a failure to properly provide for future claims, mismanagement and an inadequate response to pressures in international-insurance markets. Royal Commissioner Neville Owen cited 56 possible breaches of corporations law by 20 individuals or parties, including HIH CEO Ray Williams and director Rodney Adler, who sold FAI Insurance to HIH for about A$300m....
7/03/2003  our bankruptcy tracking has narrowed to rote mentions, no duplicate-filtering research, in (WSJ) Wall Street Journal & (NYT) New York Times -
  1. Aurora Foods [St. Louis] plans to file for protection, Bloomberg via NYT, C4.
    ...about $400m in bond debt....

  2. Pameco Corp...Chapter 11, NYT, C5.
7/01/2003  our bankruptcy tracking has narrowed to rote mentions, no duplicate-filtering research, in (WSJ) Wall Street Journal & (NYT) New York Times -
  1. National Equipment Services/Rental, NYT, C6.
    [Associated names, as of 9/11/2003 WSJ, C9 -]
    Rebel Studio Rentals Inc.
    NES Shoring Acquisition Corp.
    NES Mgmt Service Corp.
    Falconite Inc.
    NES Indiana Partners
    NES Cos. LP
    NES Traffic Safety LP
  2. Crown Pacific Partners, NYT, C6.
  3. Top-Flite files for Chapter 11..., by Mitchell Pacelle, WSJ, C5.
  4. ...Pacific Gas & Electric Co....Chapter 11, WSJ, B9 & NYT, C5.
  5. ...RHC/Spacemaster Corp., Morgan Marshall Industries Inc., Goer Manufacturing Co. Inc., Discovery Plastics Inc., Spartan Showcase Inc....Chapter 11, WSJ, B9.
  6. Ace Office Cleaning Corp, et al., NYT, C8.
  7. Booza Realty Corp. et al., NYT, C8.
  8. Worldcom et multissimi alii, NYT, C5 & WSJ, B9.
6/30/2003  1 bankruptcy & 1 compound liquidation, mentioned in (WSJ) Wall Street Journal &/or (NYT) New York Times -
  1. Bankruptcies - US Bankruptcy Court, Southern District of New York - In re:
    Acterna Corp. [fiberoptic network testing, Germantown MD], et al., debtors - Chapter 11, legal notice, WSJ, B6 [cf. 8/29/2003 NYT C3].

  2. In the matter of the liquidation of:
    The Great Western "Marine" Insurance Co.,
    Pacific/Mercantile/New York/Commercial/Union/Sun/Orient Mutual Insurance Co.
    Kings County [NY] Supreme Court...
    , legal notice, NYT, C10.

6/27/2003  2 bankruptcies, mentioned in (WSJ) Wall Street Journal &/or (NYT) New York Times -
  1. Bankruptcies - US Bankruptcy Court, Southern District of New York - In re:
    Globe Metallurgical Inc., debtor - Chapter 11, legal notice, WSJ, B4.

  2. Bankruptcies - In the US Bankruptcy Court for the Southern District of Florida - In re:
    Cybervest Securities Inc., debtor - under the Securities Investor Protection Act, legal notice, WSJ, B4.

6/26/2003  1 liquidation, mentioned in (WSJ) Wall Street Journal &/or (NYT) New York Times - 6/25/2003  1 bankruptcy, mentioned in (WSJ) Wall Street Journal &/or (NYT) New York Times - 6/24/2003  2 liquidations, mentioned in (WSJ) Wall Street Journal &/or (NYT) New York Times -
  1. In the matter of the liquidation of: Long Island Insurance Co., Kings County [NY] Supreme Court..., legal notice, NYT, C10.

  2. In the matter of the liquidation of: Consolidated Mutual Insurance Co., Kings County [NY] Supreme Court..., legal notice, NYT, C11.

6/21-23/2003  4 bankruptcies, mentioned in (WSJ) Wall Street Journal &/or (NYT) New York Times -
  1. 6/21 U-Haul's parent seeks bankruptcy protection, Reuters via NYT, B5.
    Amerco Inc. [filed] its Chapter 11 petition...in Reno, Nev., where it is based. ...The filing did NOT INCLUDE several Amerco units, including U-Haul, the Oxford Life Insurance Co. and the Republic Western Insurance Co.

  2. 6/21 Touch America Holdings Inc. files Chapter 11 bankruptcy papers, Bloomberg via NYT, B5.
    ...Owner of a 21,000-mile fiber optic network...based in Butte, Mont. \was\ spun off from the Montana Power Co. in 2000. ...Papers...were filed Thursday...Wilmington, Del.
    [Associated names: Entech LLC, Sierra Touch America LLC, American Fiber Touch LLC, from legal notice, 11/14/2003, WSJ, B6.]

  3. 6/23 Worth Magazine to be acquired for $2.4m, plus liabilities, WSJ, A7.
    ...CurtCo Media Group...of Malibu CA acquired Worth from bankruptcy court after its New York-based publisher, Worth Media LLC, sought Chapter 11 protection....

  4. 6/23 Bankruptcies - In the US Bankruptcy Court, Central District of Illinois - In re: Chapter 11, legal notice, WSJ, B8.

6/20/2003  1 bankruptcy, mentioned in (WSJ) Wall Street Journal &/or (NYT) New York Times - 6/19/2003  1 bankruptcy story, mentioned by the Associated Press via AOLNews (because neither Wall Street Journal nor New York Times picked up this important story) - 6/18/2003  1 bankruptcy, mentioned in (WSJ) Wall Street Journal &/or (NYT) New York Times - 6/16/2003  1 bankruptcy, mentioned in (WSJ) Wall Street Journal &/or (NYT) New York Times - 6/13/2003  2 bankruptcies, mentioned in (WSJ) Wall Street Journal &/or (NYT) New York Times -
  1. Bankruptcies - In the U.S. Bankruptcy Court for the District of Delaware - In re:
    Orion Refining Corp., debtor, Chapter 11, legal notice, WSJ, B5.

  2. U.S. Bankruptcy Court, Northern District of Texas, Dallas Division - In re:
    Mosaic Corp. (US) Inc., et al., debtors, jointly administered, legal notice, WSJ, B5.

6/12/2003  1 bankruptcy, mentioned in (WSJ) Wall Street Journal &/or (NYT) New York Times - 6/11/2003  1 bankruptcy, mentioned in (WSJ) Wall Street Journal &/or (NYT) New York Times - 6/10/2003  2 bankruptcies, mentioned in (WSJ) Wall Street Journal &/or (NYT) New York Times -
  1. Bankruptcies - ...US Bankruptcy Court, Southern District of New York - In re:
    Remee Products Corp., debtor, Chapter 11, legal notice, WSJ, B11.

  2. In the US Bankruptcy Court for the Northern District of Illinois, Eastern Division - In re:
    Longview Aluminum LLC, debtor, Chapter 11, legal notice, WSJ, B11.

6/6/2003  2 bankruptcies, mentioned in (WSJ) Wall Street Journal &/or (NYT) New York Times -
  1. Bankruptcies - In the US Bankruptcy Court for the northern district of Georgia, Atlanta division - In re:
    Centennial Healthcare Corp., et al., debtors, Chapter 11...jointly administered, legal notice, WSJ, B8.

  2. In the US Bankruptcy Court for the District of Delaware - In re:
    Mobile Tool International Inc., et al..., debtors, Chapter 11...jointly administered, legal notice, WSJ, B8.
6/03/2003  1 bankruptcy, mentioned in (WSJ) Wall Street Journal &/or (NYT) New York Times -
  1. Canada: Steel maker in bankruptcy, by Bernard Simon, NYT, W1.
    Slater Steel Inc., a specialty steelmaker in Mississauga, Ont., filed for bankruptcy protection in the U.S. and Canada, citing weak demand, sliding prices and rising costs. ...Operations at 4 minimills in Canada and at 2 others in Ft. Wayne, Ind., and Lemont, Ill., would not be affected.
    [All the more contrastive glory to timesizing Nucor Steel of Charlotte, NC.]
5/31-6/02/2003  3 bankruptcies, totaling $1.8B +?? in debt, mentioned in (WSJ) Wall Street Journal &/or (NYT) New York Times -
  1. 6/02 WestPoint Stevens Inc. makes Chapter 11 filing, by Mitchell Pacelle, WSJ, B2.
    ...joining the raft of textile makers forced to restructure because of overseas competition and excessive debt.... The WestPoint, Ga., company, which traces its roots to the 19th century, has been financially ailing for months.... One of the nation's largest makers of sheets and towels, it has been hit with declining sales while staggering under $1.8B of debt.
    The Chapter 11 filing, made electronically in Manhattan federal court, represents the old-line firm's second trip to federal bankruptcy court in 11 years, joining Malden Mills Industries Inc. as one of the beleaguered industry's two-time failures. During the past two years, textile makers Guilford Mills Inc. and Burlington Industries Inc. also have resorted to Chapter 11 filings to restructure their debts.
    The American textile industry has been struggling to contend with an onslaught of low-priced imports, while facing vexing questions about how much production to move offshore and how much to spend to modernize aging U.S. plants....

  2. 5/31 Penn Traffic is back in bankruptcy court, AP via NYT, B4.
    ...Operat[or of] grocery stores in 6 states filed for bankruptcy...yesterday for the 2nd time in 4 years....
    [Missed the first one.]
    The company, based in Syracuse, filed Chapter 11 papers in US District Court in White Plains.... The company's 212 stores will continue to operate....
    [Followup: 9/23/2003 WSJ, B7, lists other names associated with this bankruptcy -
    Pennway Express, Penny Curtis Baking Co, P & C Food Markets of Vermont, Big M Supermarkets, Bradford Supermarkets, Commander Foods, Dairy Dell, Big Bear Distribution Co, Sunrise Properties, Abbott Realty, P.T. Development, PT Fayetteville/Utica.]

  3. 6/02 Bankruptcies - US Bankruptcy Court, District of Columbia - In re:
    Capitol Hill Community Hospital d/b/a Medlink Hospital at Capitol Hill, Capitol Hill Healthcare Group d/b/a Capitol Hill Nursing Center, BHS Management Inc., debtors, Chapter 11, legal notice, WSJ, B6.

5/30/2003  3 bankruptcies, totaling $8.3m +?? in operating loss mentioned in (WSJ) Wall Street Journal &/or (NYT) New York Times -
  1. Video game company files for bankruptcy, Dow Jones/AP via NYT, C5.
    The 3DO Company's struggle to stay viable has ended with a filing for bankruptcy protection. The company [will] sell the entire company or its assets. Its titles include High Heat Major League Baseball and Army Men.... In the 9 months ended Dec. 31...the operating loss narrowed to $8.3m from $42.3m a year ago \but\ revenue declined to $20m from $38.4m a year earlier....

  2. U.S. Bankruptcy Court, Northern District of Ohio - In re:
    Pittsburgh-Canfield Corp., et al., debtors - Chapter 11...jointly administered, legal notice, NYT, C2.

  3. Bankruptcies - In the US Bankruptcy Court for the District of Delaware - In re:
    Zenith Industrial Corp., debtor, Chapter 11, legal notice, WSJ, B7.
    [We're assuming this is different from Zenith Electronics Corp. which floated to the top of the fishbowl on 8/24/1999 #2.]

5/28/2003  2 bankruptcies, mentioned in (WSJ) Wall Street Journal &/or (NYT) New York Times -
  1. Bankruptcies - US Bankruptcy Court, Southern District of New York - In re: petition of Mark Batten and Douglas Rackham as joint provisional liquidators of the United Standard Insurance Co. Ltd, legal notice, WSJ, B4.

  2. Abbott Laboratories, Dow Jones via WSJ, B11.
    ...agreed to buy Dutch medical-technology company Jomed NV's coronary-&-peripheral-interventional business line.... Jomed was declared bankrupt by the Amsterdam District Court earlier this month and is in receivership....

5/23/2003  1 bankruptcy, mentioned in (WSJ) Wall Street Journal &/or (NYT) New York Times -
  1. US Bankruptcy Court for the Middle District of North Carolina Winston-Salem Division - In re:
    Frisby Technologies Inc., debtor, legal notice, WSJ, B8.

5/22/2003  1 bankruptcy, mentioned in (WSJ) Wall Street Journal &/or (NYT) New York Times - 5/21/2003  1 bankruptcy, mentioned in (WSJ) Wall Street Journal &/or (NYT) New York Times - 5/20/2003  1 bankruptcy, mentioned in (WSJ) Wall Street Journal &/or (NYT) New York Times - 5/17/2003  1 bankruptcy, mentioned in (WSJ) Wall Street Journal &/or (NYT) New York Times - 5/15/2003  2 bankruptcies, mentioned in (WSJ) Wall Street Journal &/or (NYT) New York Times (not counting NRG Energy which we prematurely counted on 11/08/2002 #1, or today's big crime&bankruptcy debate in "Chapter 11: Laundering fraud?" by Blumenstein & Latour, WSJ, B1, which states, "William Barr, the general counsel of Verizon Communications Inc...is arguing that the former WorldCom, which bought MCI in 1998 and has since renamed itself MCI, shouldn't be allowed to emerge from...Chapter 11 [because its] assets are the product of crime [and you] can't keep [stolen assets] by claiming bankruptcy," and also in "Verizon to MCI: Drop dead - Bell calls for liquidation, saying former WorldCom is a 'criminal enterprise'," by Latour & Blumenstein, WSJ, B1.) -
  1. Korea distiller is ordered into bankruptcy, by Don Kirk, NYT, W1.
    A South Korean court ordered Jinro, the country's largest distiller, into bankruptcy yesterday and removed its management. The ruling was a ground-breaking victory for a group of foreign creditors led by Goldman Sachs [who] hold $449m of the company's debt...$270m \in\ bonds \by\ Goldman itself.... The case has taken on immense symbolism in South Korea, where...there is strong nationalist sentiment against foreign ownership or control of Korean businesses, and Jinro is seen as especially Korean because it is the leading producer of soju, the national drink, a liquor distilled from rice, sweet potatoes and tapioca.
    [So Japan:saki = S.Korea:soju.]
    Jinro said it would appeal the ruling immediately....
    The company has been in financial distress since the Asian currency crisis of 1997, when, despite a 38% share of the domestic soju market, the company nearly collapsed under $1.5B in debts run up on diversification moves into department stores and other ventures. It was delisted by the Korea Stock Exchange in January....
    [Well, that was the great nationalist defeat back in January - betrayed by its own.]

  2. Bankruptcies - in the US Bankruptcy Court for the District of Delaware - In re: KI-1 Inc. f/k/a Kellstrom Industries Inc. et al., debtors - Chapter 11...jointly administered, legal notice, WSJ, B17.

5/14/2003  1 bankruptcy, mentioned in (WSJ) Wall Street Journal &/or (NYT) New York Times -
  1. Bankruptcies - US Bankruptcy Court for the Northern District of Illinois - Eastern Division - In re: Allied Products Corp., debtor - Chapter 11, legal notice, WSJ, B4.
5/08/2003  3 bankruptcies, mentioned in (WSJ) Wall Street Journal &/or (NYT) New York Times -
  1. U.S. subsidiaries make filing for bankruptcy-law protection, WSJ, B11.
    Daisytek International Corp. said its US subsidiaries filed...just days after the parent company's CEO and CFO resigned. The Allen TX distributor of computer and office supplies [has] exhausted financing options and [experienced] liquidity problems that were hurting US operations. The bankruptcy filing [was] made in the US Bankruptcy Court for the Northern District of Texas, Dallas Division [and] includes Daisytek Inc. and its subsidiaries Arlington Industries Inc., Digital Storage Inc. and Tape Co.  Collectively, these companies had assets and liabilities of $622.9m and $450.5m, respectively, as of Feb. 28. Combined, the companies represent 45% of Daisytek International's annual revenue, interim CEO Dale Booth said....

  2. Bankruptcies - U.S. Bankruptcy Court - Southern District of New York - In re:
    Marconi (Corp.) PLC, debtors in a foreign proceeding - jointly administered...Sec.304, legal notice, WSJ, B9.

  3. In the U.S. Bankruptcy Court for the Southern District of New York - In re:
    Randall's Island Family Golf Centers Inc. et al., debtors - Chapter 11...substantively consolidated, legal notice, WSJ, B9.

5/5/2003  1 bankruptcy, mentioned in (WSJ) Wall Street Journal &/or (NYT) New York Times - 5/01/2003  1 bankruptcy, mentioned in (WSJ) Wall Street Journal &/or (NYT) New York Times - For earlier bankruptcy stories, click on the desired date -

  • Jan-Apr/2003.
  • Oct-Dec/2002.
  • Jul-Sep/2002.
  • Apr-Jun/2002.
  • Jan-Mar/2002.
  • Aug-Dec/2001.
  • Mar-July/2001.
  • Jan-Feb/2001.
  • Dec/2000.
  • Oct-Nov/00.
  • Jul-Sep/00.
  • Jan-Jun/2000.
  • Aug-Dec/1999.
  • Prior to July 31/99.

    For more details, see our laypersons' guide Timesizing, Not Downsizing, which is available online from *Amazon.com and at bookstores in Harvard and Porter Squares, Cambridge, Mass.

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