Bankruptcy Week Newsletter Announces Public Company Bankruptcy Coverage.Business/Technology Editors BOSTON--(BUSINESS WIRE)--April 20, 2001 BankruptcyData.com (www.BankruptcyData.com), an Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the site providing in-depth in-depth adj. Detailed; thorough: an in-depth study. in-depth Adjective detailed or thorough: an in-depth analysis information on business bankruptcies, announced that Bankruptcy bankruptcy, in law, settlement of the liabilities of a person or organization wholly or partially unable to meet financial obligations. The purposes are to distribute, through a court-appointed receiver, the bankrupt's assets equitably among creditors and, in most Week, a 16 page newsletter focused on business bankruptcy filings, will provide information on all public companies that file bankruptcy. The newsletter will provide asset size, listed securities Listed Security Securities that have been accepted for trading purposes by a recognized and regulated exchange. Notes: Listed securities have the advantage of higher liquidity within a regulated environment. , counsel, case number and court where the company filed. Recent issues have contained the bankruptcy filings of Drug Emporium Drug Emporium is the name of a discount drug store corporation, founded in 1977 in Columbus, Ohio, that was sold to several different buyers during 2000 to 2001. Although several store locations continue to use the Drug Emporium name, these locations are no longer affiliated with , Pacific Oil & Gas and U.S.A. Floral flo·ral adj. Of, relating to, or suggestive of a flower: a fabric with a floral pattern. flo Products. Monday April 23, 2001's edition will, among others, report on Convergent Communications, Winstar Communications, and Friede Goldman. In addition to public company bankruptcy information, Bankruptcy Week provides data on over 100 private firms filing bankruptcy each week. The coverage contains contacts, case number and court where the company filed. Bankruptcy Week is designed for bankruptcy and credit professionals attempting to sift through endless research material. The newsletter is published for Monday delivery via email, fax or print. Bankruptcy Week also reports on industry trends, debtor-in-possession information, claim trades and professionals participating in major bankruptcy cases. Further, each issue contains "The Big Picture," a statistical look a bankruptcy trends and current topics of interest. For example, the most recent edition contained a look at the industry trends of the year 2001 and explores the rise in the number of public companies filing Ch. 11. A sample issue is available for download To receive a file transmitted over a network. In any communications session, "download" means receive, and "upload" means send. The download/upload often implies a big/little scenario, in which data is being downloaded from the "big" server into the "little" user's computer. on the Internet site www.BankruptcyData.com. www.BankruptcyData.com provides a wealth of news, financial history, creditor An individual to whom an obligation is owed because he or she has given something of value in exchange. One who may legally demand and receive money, either through the fulfillment of a contract or due to injury sustained as a result of another's Negligence information, reorganization details and other data for over 700 publicly-traded companies. BankruptcyData.com has been accumulating this critical bankruptcy information since 1986. The site contains complete information on corporate bankruptcies dating back as early as 1993, and further expansion is ongoing. The extensive database can be searched at no charge by assets, Chapter 11 filing date, industry or company name. The website and newsletter are produced by New Generation Research, Inc., a leading bankruptcy research firm founded in 1986. Since its inception New Generation Research has tracked all publicly-traded companies with assets over $50 million throughout their entire bankruptcy proceeding. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion