NWA is worth more, investor says 
Shareholder stakes in Northwest Airlines may not be a total loss, if a new investor has its way. Owl Creek Asset Management, a New York-based hedge fund, claims shares in Northwest, which is in bankruptcy protection, could be worth 10 times Wednesday's price of $3.50 if the airline is sold.
Source: www.twincities.com

NWPWQ: Announces Interim Distribution of Liquidation Proceeds 
NewPower Holdings, Inc. (NWPWQ) announced that the order by the United States Bankruptcy Court for the Northern District of Georgia, Newnan Division of an interim distribution of liquidation proceeds equal to seven cents ($0.07) per share to registered holders of the Company's common stock, plus an additional distribution equal to eight cents ($0.08) per share to such registered holders other
Source: www.nasdaq.com

Global Power Equipment obtains financing 
Tulsa-based Global Power Equipment Group Inc., which declared Chapter 11 bankruptcy in September, says it has obtained $85 million in financing from Morgan Stanley Senior Funding Inc.
Source: www.tulsaworld.com

Winn-Dixie Stores back from bankruptcy 
Winn-Dixie Stores Inc. emerged from bankruptcy Tuesday and began implementing a plan to give new stock to creditors and use $725 million in loans to add stores and revamp existing outlets in the Southeast. The Jacksonville, Fla.-based company filed for bankruptcy in February 2005 and shut 127 stores across the Carolinas, including 31 in Mecklenburg and nearby counties.Winn-Dixie said it will
Source: www.charlotte.com

Jeweler Fabrikant Files for Bankruptcy 
Diamond and jewelry seller M. Fabrikant & Sons Inc. has filed for Chapter 11 protection in the U.S. Bankruptcy Court in Manhattan.
Source: biz.yahoo.com