/raid1/www/Hosts/bankrupt/TCR_Public/980721.MBX
T R O U B L E D C O M P A N Y R E P O R T E R
Tuesday, July 21, 1998, Vol. 2, No. 141
Headlines
ALLEGHENY HEALTH: State Transfer $9.1 Million in Assistance
BIRRAPORETTI'S: Harassment Judgments Led to Bankruptcy
BLACK ROCK GOLF: Files Chapter 7 Liquidation
CAMPO ELECTRONICS: May's Same-Store Sales Fall 22 Percent
CHATCOM: Stock Issuance Declared Effective
CROWN BOOKS: Announces DIP Financing
CROWN BOOKS: Not For Sale
DATA 1 INC: Buying 80% Stake in InfraLiner Systems
FPA MEDICAL MANAGEMENT: Files For Chapter 11 Protection
FPA MEDICAL MANAGEMENT: Health Net Drops FPA
FPA MEDICAL MANAGEMENT: Replaces Chairman
GEOTEK: Wins Award Despite Chapter 11
MRS TECHNOLOGY: Postponement of Annual Meeting
MOLTEN METAL: Committee Supports Lien Counsel
MONTGOMERY WARD: Needs More Time to Evaluate Leases
MUTUAL BENEFIT LIFE: Creditors To Get $560 Million
SYNCRONYS SOFTCORP: Files Chapter 11
TRITON ENERGY: Discloses Restructuring - Stock Dips 32%
VENTURE: Takes Last Breath
Meetings, Conferences and Seminars
*********
ALLEGHENY HEALTH: State Transfer $9.1 Million in Assistance
-----------------------------------------------------------
Following through on a pledge Governor Tom Ridge made
earlier this week, the state Department of Public Welfare
and the state Treasurer today transferred $9.1 million in
state Medical Assistance (MA) funds to the troubled
Allegheny Health, Education and Research Foundation
(AHERF) at 2:45 p.m.
Gov. Ridge pledged to accelerate those state payments to
AHERF after a meeting on Tuesday with Philadelphia Mayor Ed
Rendell and AHERF representatives to discuss ways to help
AHERF resolve its current financial problems. AHERF
operates 14 hospitals and 1 medical school in Pennsylvania
and employs thousands of people. The foundation is facing
significant financial challenges, and its executives and
trustees are considering a range of options, including
bankruptcy.
"This isn't a loan. It's a prompt turn-around on payment
due," Gov. Ridge said. "This transfer will give Allegheny
some breathing room to review its organizational and
financial structure, while providing its governing
directors more time to determine a plan of action."
In an effort to maintain jobs and quality care in the
hospitals affected, the Ridge Administration accelerated
payment due to the foundation for Disproportionate Share
(DSH) and Direct Medical Education (DME) payments. These
are not new or reserved state dollars. Rather, the funds
transferred represent money already budgeted by the
Department of Public Welfare for its MA program.
BIRRAPORETTI'S: Harassment Judgments Led to Bankruptcy
------------------------------------------------------
One of the largest sexual harassment judgments ever in
Orange County has pushed Birraporetti's restaurant at South
Coast Plaza into bankruptcy. The award of $2.1 million to
two former waitresses in April forced the Chapter 11
reorganization filing in Delaware on July 2, restaurant
officials said.
The Costa Mesa restaurant plans to remain open as it seeks
to reorganize.
An Orange County jury found April 6 that former
Birraporetti's waitresses Rebecca Barklage and Malissa
McCard, both of Costa Mesa, were repeatedly
subjected to verbal and physical sexual harassment by
several busboys from September 1994 to October 1996, and
that management failed to act.
The jury awarded Barklage $1.3 million and McCard about
$804,000. In testimony, the women said they were grabbed,
kissed against their will, pressed up against a busing
station and that one was locked in a refrigerator and
fondled.
In its bankruptcy filing, Birraporetti's listed total
assets of $1.4 million and total liabilities of about $6.7
million. The restaurant also listed about $4 million in
fixed debt.
Three Birraporetti's in Texas are not part of the filing.
The company, incorporated in Delaware, has appealed the
harassment verdict. "Obviously, this filing is an effort
to avoid paying the judgment," said plaintiffs' attorney
Steven J. Rottman. "It is one more obstacle that
Birraporetti's has thrown in the way of these women ever
receiving their due pay."
Rottman said that in addition to the jury award, he is owed
$600,000 in attorney's fees. (Orange County Register -
07/18/98)
BLACK ROCK GOLF: Files Chapter 7 Liquidation
--------------------------------------------
Black Rock Golf Corporation announced today that it has
filed a petition for relief under Chapter 7 of the
Bankruptcy Code with the U.S. Bankruptcy Court for
the District of Colorado, seeking protection of its
assets, its customers and the value of its business. The
company indicated it will attempt to liquidate its assets
and to the extent possible, pay the claims of creditors.
"Filing for protection from its creditors allows Black Rock
time to liquidate in an orderly fashion," said Jackson D.
Rule, President, Chief Executive Officer and Chairman for
Black Rock.
The company does not have sufficient resources to satisfy
its current obligations. A Chapter 7 filing will allow the
company to attempt to satisfy its obligations through the
oversight of the Bankruptcy Court.
Black Rock designs, develops and markets innovative,
premium quality golf clubs ("Killer Bee" drivers and woods
and "Stinger" irons) together with instructional videos
intended to improve golfers' scores.
CAMPO ELECRTTONICS: May's Same-Store Sales Fall 22 Percent
----------------------------------------------------------
Campo Electronics Appliances & Computers Inc.'s
same-store sales for May fell 22.2 percent, following a
15.7 percent drop in April. The cash-strapped electronics
retailer said it has reached an agreement with floor plan
lender Whirlpool Financial Corp. that provides continued
financing on Sony Corp. products, representing $3.3 million
of inventory at current levels. Whirlpool also agreed to
provide up to $750,000 of additional debtor-in-possession
financing after Campo's insufficient cash flow led to
defaults on obligations to its lenders. Meanwhile, Campo
and floor plan lender General Electric Capital Corp. have
agreed to discontinue the financing and sale of
General Electric Co. products. Campo is returning products
to GE in order to satisfy the outstanding liability.
(The Daily Bankruptcy Review Copyright c July 20, 1998)
CHATCOM: Stock Issuance Declared Effective
------------------------------------------
On July 15, 1998, ChatCom, Inc.'s Registration Statement on
Form S-3 registering for potential resale shares of
ChatCom's Common Stock issued or issuable to certain
security holders of ChatCom was declared effective by the
Securities and Exchange Commission. The Registration
Statement covers 1,609,523 currently outstanding shares and
up to 15,788,749 shares that may be issued to the security
holders in the future.
CROWN BOOKS: Announces DIP Financing
------------------------------------
Paragon Capital announced that it will team with Foothill
Capital Corporation to provide $40 million in debtor in
possession financing to Crown Books Corporation
(NASDAQ:CRWN) and its subsidiaries.
The funding will give Crown Books needed liquidity during
the company's turnaround and allow it to pay, in full, its
debt to CIT Group/Business Credit, Inc. Based in Landover,
Md., Crown came to Paragon and Foothill for assistance
prior to filing for bankruptcy on July 15. As retail
industry experts, Paragon has been able to offer extreme
responsiveness and flexibility, according to Anna
Currence, President of Crown.
"Paragon and Foothill have been instrumental in helping
Crown quickly facilitate the company's turnaround,"
Currence said. "Their responsiveness, flexibility and
creative approach to retail lending distinguishes them from
the numerous other lenders we considered."
This financing will ensure that Crown has maximum liquidity
and the availability it needs to build inventories and meet
the needs of its customers, said Paragon President & COO
Andrew H. Moser.
CROWN BOOKS: Not For Sale
-------------------------
Crown Books Corp. is now off the market, said John Stokely,
chairman of Richfood Holdings Inc., Crown's majority owner.
What's more, he said yesterday, Richfood's stake in Crown
would not be worth anything if it were for sale. That's
because equity holders in the Landover- based bookseller -
which filed for Chapter 11 bankruptcy protection on
Tuesday - from Richfood down to individual stockholders are
now at the very bottom of Crown's long list of creditors.
"We've had no involvement with them since they filed" for
bankruptcy, Mr. Stokely said. "Our shares in them are on
our books at no value. We think their chance of emerging
from this is pretty high, but that doesn't necessarily mean
we'll get anything for the shares."
Mr. Stokely, who bought a 52 percent stake in Crown and the
rest of Dart Group Corp. in April solely to get the
Shoppers Food Warehouse grocery chain, had attempted to
make a deal with First Lincoln Holdings Inc. before the
filing. The New York liquidator would have led an attempted
reorganization of the company, Mr. Stokely said.
"Anybody who wanted to get involved would have had to
reorganize Crown to make any money," he said. "Something
ultimately led them to decide it wasn't worth it and they
went in another direction."
In its bankruptcy filing, Crown listed $100.1 million in
debts from more than 1,000 creditors, each of whom is
entitled to receive money before Richfood is.
"Crown is not completely insolvent - said Jason Gold, a
bankruptcy attorney with Gold & Staney in Alexandria. It
listed a lot of assets {$130.4 million} and there's value
in their trade name. But clearly, there are some deep
liquidity problems." (Washington Times-07/18/98)
DATA 1 INC: Buying 80% Stake in InfraLiner Systems
--------------------------------------------------
Data 1 Inc., a South Manatee County company that recently
emerged from bankruptcy, says it is buying an 80 percent
stake in a Tampa company.
Data 1 plans to acquire a controlling stake in privately
held InfraLiner Systems Inc., which makes products used to
rehabilitate water and sewer facilities, highways and
bridges, as well as products for other industrial
applications.
Infraliner has developed an acid-and chemical-resistant
liner that bonds to wet surfaces such as concrete, brick
and steel to seal leaks. The company is developing another
system for a similar application on roofs, Data
1 said.
The sale price was not disclosed.
Data 1 is waiting for a bankruptcy judge's approval to
formally emerge from Chapter 11 protection. Data 1 has met
its debt requirements and added three employees, bringing
its work force to six, Kamkar said. The company once
employed 30 in Manatee County.
Kamkar said Data 1 has been casting about for private firms
to purchase or acquire a stake in so that it is less
reliant on its computer trade. The company is also
rebuilding its client base in that business, he said.
"We're just trying to diversify into other types of
business," he said.
Data 1, with offices at 6416 Parkland Drive, trades on the
Bulletin Board, a listing of stocks that do not qualify for
NASDAQ status and are subject to fewer regulations and
reporting requirements. The company's ticker symbol is
DMEM.(Sarasota Herald - 07/17/98)
FPA MEDICAL MANAGEMENT: Files For Chapter 11 Protection
-------------------------------------------------------
FPA Medical Management Inc. ran into serious liquidity problems
and filed for Bankruptcy court protections. FPA's 21 creditor
banks have agreed to commit as much as $50 million in DIP
financing according to an article in The Wall Street
Journal on July 20, 1998.
The article stated that the bankruptcy reorganization plan
calls for as much as 40 million shares of a new common stock
to be issued, of which 20 million shares will be distribute
to senior creditors.
Unsecured creditors would receive warrants for about 3% of
the new stock to be issued under the plan, while management
would be able to acquire 8% under a stock-option program,
company officials said. The company expects to file a full
reorganization plan by September 30 and aims to emerge from
Chapter 11 protection by December 31.
The report also states that as of March 31, FPA's assets
had a book value of about $1 billion and liabilities
totaling $797 million. An informal committee of bond
holders has been established.
FPA MEDICAL MANAGEMENT: Health Net Drops FPA
--------------------------------------------
Health Net, a big health plan accounting for about one
quarter of FPA Mediacal Management's business in
Sacramento, California said it will end most of its
agreements with FPA Medical Management, which contracts
with physicians and health plans to provide patient
care throughout the country.
In Sacramento, more than 12,000 Health Net members go to
doctors who are affiliated with FPA. At almost the same
time, the California Department of Corporations ordered
the company to get its finances in order by September or
"other actions may be taken." Shares of publicly-traded FPA
have lost 96 percent of their value so far this year. On
Thursday FPA shares, traded on the Nasdaq Stock Market,
slipped 16 cents to close at 62 1/2 cents. (Sacramento Bee-
07/17/98)
FPA MEDICAL MANAGEMENT: Replaces Chairman
-----------------------------------------
FPA Medical Management Inc. yesterday replaced its chairman
and saw problems mount on two fronts as it failed to make a
required $2.6 million interest payment and was slapped with
an order from state regulators demanding that it end its
nonpayment of claims to doctors.
The troubled managed-care company said Dr. Sol Lizerbram, a
co-founder, had resigned as chairman. Lizerbram was
replaced by Dr. Steven Dresnick, the company's chief
executive officer. Lizerbram will remain a director and
consultant to the company.
FPA said the $2.6 million interest payment due on $81
million in bond debt was blocked by the company's bankers,
who are owed $315 million. In banking parlance, the $315
million is "senior" debt, with rights that supersede those
of bondholders, whose bonds are characterized as
"subordinated" debt.
A spokesman for the state Department of Corporations said
it is requiring FPA's state medical group to present a plan
within 10 days to deal with the nonpayment of claims and
its practice of loaning money to its parent company,
FPA Medical Management. State officials also want FPA to
address its problem of insufficient net equity. The
department wants these problems rectified within
60 days.
The dire financial straits are a dramatic about-face for
FPA, which serves as subcontractor to major HMOs, accepting
fixed payments in return for providing all medical care to
plan members.
From 1994 until earlier this year, FPA vaulted from
revenues of $18 million to more than $1 billion.
At its peak, the managed-care company's network of 8,000
doctors oversaw care for 1.4 million people. But shortly
after its previous chief executive departed last March with
a $4.8 million severance package, FPA announced that it was
running out of cash, losing money on its contracts and had
overpaid for many of the medical group acquisitions it used
to grow.
Shareholders have seen the value of their stock plummet
more than 90 percent since late last year from about $40 to
less than $1. FPA said it is speaking with bondholders and
is attempting to put together an informal committee,
presumably to discuss an orderly reorganization procedure.
The company has said it is closing 50 facilities and is
ceasing operations in unprofitable markets or those outside
its now more narrowly defined core business areas. (San
Diego Union Tribune - 07/16/98)
GEOTEK: Wins Award Despite Chapter 11
-------------------------------------
The journey into Chapter 11 took an ironic twist this week
for Geotek Communications Inc. Less than two weeks after
filing for bankruptcy protection, the Montvale- based
mobile radio communications company was honored Wednesday
for being among the fastest-growing technology companies in
New Jersey.
Geotek's final chapter has yet to be written, but the story
of its dramatic rise and fall exposes the sharp divide
between making it or breaking it in the technology
business.
"The only conclusion you can draw is that there are fast-
growing companies that ultimately aren't successful," said
Mark Evans, a managing director with Deloitte & Touche,
the national accounting firm that ranked the top 50 New
Jersey technology companies based on revenue growth between
1993 and 1997.
As co-sponsor of the New Jersey "Fast 50" program, Deloitte
& Touche was somewhat shocked by the Geotek situation.
Geotek, which ranked 40th in the state, was the only
company in the 21 similar programs sponsored by Deloitte &
Touche across the nation that Evans knew of that won the
award while in bankruptcy protection.
"We don't make quality judgments about the companies,"
Evans said. "We explicitly designed the program so we would
not be in the position . . . to
draw conclusions about the ultimate success of the
companies."
Using radio technology originally developed by Israel's
defense department, Geotek designed portable radio
equipment that allowed businesses in 11 cities a two-way
information link with their workers in the field.
Geotek's prospects soared as well-known investors such as
the Soros Group and the Charles R. Bronfman family took
interest in the innovative technology. A marketing
agreement with IBM last year caused Geotek stock to jump
nearly 30 percent.
Generally speaking, high-tech often means high risk, say
analysts and industry officials.
"When you are dealing in high technology, whether it be
electronics or communications or bio-technology, you are
dealing in a very risky area, said Aaron Lehmann, an
independent technology analyst in Teaneck.
Geotek lost $138.2 million in 1996 and $87.2 million in
1995. To raise revenues the company began selling assets.
In December, Geotek sold its majority stake in Ramsey-based
Bogen for $18.5 million. And in the same month,
it sold its European networks for $85 million.
The unraveling continued as key executives started to leave
the company. A year ago, Geotek's president and chief
operating officer, Jonathan Crane, resigned, saying he
wanted to spend more time with his family. Last month,
three top executives resigned including Geotek director and
Chief Executive Officer Yaron I. Eitan.
On June 30, Geotek was taken off the Nasdaq securities
index.(Record New Jersey - 07/17/98)
MRS TECHNOLOGY: Postponement of Annual Meeting
----------------------------------------------
In connection with the filing for reorganization under
Chapter 11 of the Federal Bankruptcy Code on July 1, 1998,
the annual Meeting of Stockholders of MRS Technology, Inc.,
which was noticed to be held on Tuesday, July 28, 1998,
has been postponed until late September, 1998. When the
actual date of the meeting has been determined, a new
record date will be set for stockholders of record on such
record date who will be entitled to notice of and to vote
at the meeting. A new meeting notice will be sent to
stockholders of record with the proxy material for the
meeting.
MOLTEN METAL: Committee Supports Lien Counsel
---------------------------------------------
The Official Unsecured Creditors' Committee of Motlten
MetalTechnology Inc., et al. support the debtors'
application for authority to employ special Texas lien
counsel, Vinson & Elkins LLP and Lawrence J. Fossi.
The Committee supports the application in return for the
debtors' full disclosure of all information provided by the
firm subject to the condition that any such information
will remain confidential from Committee Members, Fluor
Daniel Corporation and Celanese, both of which have
potential conflicts of interest concerning issues related
to the Bay City Facility.
MONTGOMERY WARD: Needs More Time to Evaluate Leases
---------------------------------------------------
Montgomery Ward Holding Corp. is seeking an order further
extending the deadline to assume, assume and assign, or
reject each of the 300 unexpired nonresidential real
property leases of the debtor through and including
February 26, 1999.
The debtors state that the case is complex and involves a
large number of leases. The debtors have made substantial
progress in reviewing their unexpired nonresidential real
property leases. The debtors have closed a significant
number of stores and have either assume, assumed and
assigned or rejects almost all of the leases relating to
these stores. It would, according to the debtors, given
the number of leases and the issues that the debtors must
consider, be impossible for the debtors to make a prudent,
well informed decision regarding all the leases by August
31, 1998.
The debtors agree to continue operating the leased stores
through December 31, 1998, due to the concern of the court
about operating and paying rent through the holidays. The
debtors will also agree to pay all rental charges and
common area maintenance charges through January 31, 1999.
A hearing on the motion will be convened on July 31, 1998.
MUTUAL BENEFIT LIFE: Creditors To Get $560 Million
--------------------------------------------------
The deal to sell the remaining business of the failed
Mutual Benefit Life Insurance Co. to a Los Angeles
financial services company is expected to return
$800 million to creditors and policyholders.
The amount that each of the 423,000 policyholders will get
depends on the duration and size of their contracts.
Policyholders may cash out their policies in June 1999,
but must wait until 2003 to receive the maximum payment
possible.
The high-flying SunAmerica Inc. of Los Angeles has
announced a deal to pay $130 million in cash for the
insurance and annuity businesses formerly held by
Mutual Benefit, whose heavy losses in commercial real
estate and mortgages in the 1980s led to the largest
failures of an insurance company in history.
Under terms of the deal, Mutual Benefit creditors will get
about $560 million in lost financing or investments, while
policyholders will receive at least $240 million by 2003 in
addition to the value of their policies. That bonus for
policyholders represents extra interest and other
compensation that may not have been paid on their accounts
since 1991.
The state took control of Mutual Benefit, based in Newark,
seven years ago after its huge portfolio of money-losing
real estate investments was revealed to investors. The
revelation prompted creditors, vendors, and customers to
pull their business, sinking the company into insolvency
before it came under the control of the Department of
Banking and Insurance.
Since 1991, MBL Life Assurance Corp., the successor to the
now-defunct insurance company, has sold off most of the
property holdings, taking advantage of a recovered real
estate market. The liquidation has raised the company's
total cash reserves to $728 million.
"Despite an estimated $1 billion shortfall when the
rehabilitation began," MBL Life Assurance Chairman Alan
Bowers said, "Mutual Benefit's policyholders retained their
full account values and benefits, and continued to earn
interest on their accounts."
The SunAmerica deal would end the state-supervised
rehabilitation of Mutual Benefit in June 1999, when
policyholders will become eligible to cash out their
accounts.
However, policyholders must remain SunAmerica customers
until 2003 to receive their full entitled share of the
$240 million bonus. "What they give up is the chance to
share in the $240 million bonus if they cash out next
year," said MBL Life spokeswoman Mary Ann Green.
Although the state Supreme Court has approved the payout
package, individual policyholders cannot learn exactly how
much they are eligible to receive until the fall
The transfer of Mutual Benefit's business will take place
through Anchor National Life Insurance Co., a subsidiary of
SunAmerica, which is one of the best-performing companies
on the New York Stock Exchange this year. In the past
five years, SunAmerica's stock has posted an average annual
return of about 58 percent. (Record Northern New Jersey;
07/17/98)
SYNCRONYS SOFTCORP: Files Chapter 11
------------------------------------
Syncronys Softcorp, Culver City, Calif., announced Friday
that it has filed for chapter 11 protection and named
Levene, Neal, Bender & Rankin L.L.P. as its bankruptcy
counsel. The company, which publishes the SmartFiles
technology, plans to continue operations pending its
reorganization plan and refinancing. (ABI 20-July-98)
TRITON ENERGY: Discloses Restructuring - Stock Dips 32%
-------------------------------------------------------
According to an article July 20, 1998 in The Wall street
Journal, Triton Energy Corp.'s announcement that it would
restructure rather than sell itself caused a downslide in
stock by 32%.
Thomas G. Finck, its chairman, CEO and president resigned
and Sheldon Erickson was named chairman and Robert B.
Holland III the compnay's general counsel was named interim
CEO.
The company had said previously that it would try to sell
some or all of its assets, but no offer was made. The
company said it would sell half its interest in it Thailand
antural-gas project to Atlantic Richfield Co. for $150
million. But the report quoted an analyst who said that the
failure of Triton to find a buyer mad a lot of investors
angry, and the article pointed out that for years, Triton
talked up the potential of its Colombian and Thai projects,
both of which failed to meet their projected production.5
VENTURE: Takes Last Breath
--------------------------
July 15, 1998 was the last day of liquidation of stock at
Venture. Nearly $350 million in merchandise were sold at a
discount during the past six weeks as Venture Stores Inc.
liquidated.
Hilco reportedly paid Venture about $185 million, or 52.75
percent of the retail selling price, for all of the
merchandise in the remaining stores across the country
after the volume discounter filed for Chapter 11
bankruptcy in January and decided to liquidate in April.
At the time, Venture listed $578 million in assets and
$537 million in liabilities.
Kmart plans to convert 48 of Venture's 89 stores in the
Chicago, Kansas City and St. Louis markets into Big Kmart
stores. Kmart has acquired 23 of the 35 Chicago-area
Venture locations. Among locations that will become Big
Kmart stores are in Addison, Arlington Heights, Aurora,
Elgin, Geneva, Mount Prospect, Mundelein, Naperville,
Niles, Oakbrook Terrace and Schaumburg. (Chicago Daily
Herald; 07/15/98)
Meetings, Conferences and Seminars
----------------------------------
July 23-24, 1998
THE PRACTICING LAW INSTITUTE
How to Handle Consumer Bankruptcy Cases:
A Practical Step-by-Step Guide
PLI Conference Center, New York City
Contact: 1-800-260-4PLI
July 23-25, 1998
AMERICAN LAW INSTITUTE-AMERICAN BAR ASSOCIATION
Chapter 11 Business Reorganizations (Advanced Course)
Santa Fe, New Mexico
Contact: 1-800-CLE-NEWS
July 24-27, 1998
NATIONAL ASSOCIATION OF CHAPTER 13 TRUSTEES
33rd Annual Seminar
Portland Marriott, Portland, Oregon
Contact: 1-601-355-6661
July 24-29, 1998
COMMERICAL LAW LEAGUE OF AMERICA
104th Annual Convention
Ritz Carlton, Amelia Island, Florida
Contact: 1-312-781-2000
August 6-9, 1998
AMERICAN BANKRUPTCY INSTITUTE
Southeast Bankruptcy Workshop
Daufuskie Island Club & Resort,
Hilton Head, South Carolina
Contact: 1-703-739-0800
August 25-27, 1998
NEW YORK UNIVERSITY SCHOOL OF LAW
NYU Workshop opn Bankruptcy and
Business Reorganizations XXIV
NYU School of Law, New York, New York
Contact: 1-212-998-6415
September 9-13, 1998
NATIONAL ASSOCIATION OF BANKRUPTCY TRUSTEES
Annual Convention
Sheraton El Conquistador, Tuscon, Arizona
Contact: 1-803-252-5646
September 17-20, 1998
AMERICAN BANKRUPTCY INSTITUTE
Southwest Bankruptcy Conference
The Inn at Loretta, Santa Fe, New Mexico
Contact: 1-703-739-0800
September 17-20, 1998
COMMERCIAL LAW LEAGUE OF AMERICA
Midwest Mid-Year Meeting
Oak Brook Hills Resort & Hotel
Oak Brook, Illinois
Contact: 1-616-372-6500
September 21-23, 1998
STATES' ASSOCIATION OF BANKRUPTCY ATTORNEYS
7th Annual States' Taxation and Bankruptcy Conference
Hotel Santa Fe, Santa Fe, New Mexico
Contact: 1-505-827-0728
September 25-26, 1998
VIRGINIA CONTINUING LEGAL EDUCATION
13th Annual Mid-Atlantic Institute on
Bankruptcy and Reorganization Practice
Boar's Head Inn, Charlottesville, Virginia
Contact: 1-800-979-8253
October 8-10, 1998
AMERICAN LEGAL INSTITUTE-AMERICAN BAR ASSOCIATION
Real Estate Defaults, Workouts, and Reorganization
Charleston, South Carolina
Contact: 1-800-CLE-NEWS
October 16-20, 1998
TURNAROUND MANAGEMENT ASSOCIATION
1998 Annual Conference
The Westin Hotel, Chicago, Illinois
Contact: 1-312-857-7734
October 22-25, 1998
NATIONAL CONFERENCE OF BANKRUPTCY JUDGES
72nd Annual Meeting
Wyndham Anatole Hotel, Dallas, Texas
Contact: 1-803-957-6225
November 9-10, 1998
RENAISSANCE AMERICAN CONFERENCES & BEARD GROUP, INC.
Conference on Corporate Restructurings: Asia
Indonesia * Thailand * South Korea
The Radisson Empire Hotel, New York, New York
Contact: 1-903-592-5169 or ram@ballistic.com
November 30-December 1, 1998
RENAISSANCE AMERICAN CONFERENCES & BEARD GROUP, INC.
5th Annual Conference on Distressed Debt
Plaza Hotel, New York, New York
Contact: 1-903-592-5169 or ram@ballistic.com
December 3-5, 1998
AMERICAN BANKRUPTCY INSTITUTE
Winter Leadership Conference
Westin La Paloma, Tuscon, Arizona
Contact: 1-703-739-0800
February 18-21, 1999
COMMERICAL LAW LEAGUE OF AMERICA
Annual Western District Meeting
Monte Carlo Hotel & Casino Resort,
Las Vegas, Nevada
Contact: 1-702-382-9558
April 26-27, 1999
RENAISSANCE AMERICAN CONFERENCES & BEARD GROUP, INC.
Bankruptcy Sales, Mergers & Acquisitions
The Mark Hopkins, San Francisco, California
Contact: 1-903-592-5169 or ram@ballistic.com
The Meetings, Conferences and Seminars column appears
in the TCR each Tuesday. Submissions via e-mail to
conferences@bankrupt.com are encouraged.
*********
The Meetings, Conferences and Seminars column appears in
the TCR each Tuesday. Submissions via e-mail to
conferences@bankrupt.com are encouraged.
Bond pricing, appearing each Friday, is supplied by DLS
Capital Partners, Dallas, Texas.
S U B S C R I P T I O N I N F O R M A T I O N
Troubled Company Reporter is a daily newsletter, co-
published by Bankruptcy Creditors' Service, Inc.,
Princeton, NJ, and Beard Group, Inc., Washington, DC.
Debra Brennan and Lexy Mueller, Editors.
Copyright 1998. All rights reserved. This material is
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information, contact Christopher Beard at
301/951-6400.
* * * End of Transmission * * *