April 19, 2007

Daily Bankruptcy News

Brought to you by BKINFORMATION.COM - The Source for Bankruptcy News on the Internet 

Also available on the Web (with links to the news stories) http://bkinformation.com/News/DailyNews.htm
Prior editions: http://bkinformation.com/bankruptcy_news.htm
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Aviation:

AMR posts in-line profit, reversing year-ago loss
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Labor Unrest At American Airlines Is Just The Beginning
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American Airlines Unions Protest Bonuses
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Clear Skies For American Airlines?
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Northwest reaches agreement with retirees
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NWA, flight attendants to resume talks Thursday
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NWA Employees Rally Against Executive Greed
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Law:

Panic, helplessness seize deprived Blackberry addicts
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Does a "No A-holes Policy" Work in the Law?
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International ambition drives as US top 50 rakes in $40bn in 2006
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Lawyers Face Withdrawal When CrackBerry Goes Down
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Lawyers Top Donors to 2008 White House Hopefuls
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Smaller Law Firms as an Alterative to US and UK Mega Firms
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Law Firms Deal With the 'R' Word
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Shell has overhauled its top-tier legal panel
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Making Forensics Elementary at Your Firm
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Linklaters edges ahead of A&O and CC with 16% UK salary boost
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Attorneys' Expertise Does Not Justify Higher Hourly Rate
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Firm Slams Revolving Door, Closes Office That Can't Hold On to Top Partners
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Willie Gary and His $11,000-An-Hour Fee
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Supreme Disharmony?
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Former White House Counsel Miers Rejoining Locke Liddell
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Say What?!
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Selling Your Firm to GCs Is Like Entering a Beauty Contest
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When 'Winning' Is the Expensive Solution
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Using Technology to Cut Legal Costs
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Health Care:

BMC files for Chapter 11 bankruptcy protection - Garage deal sputters out due to state-imposed conditions
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PG officials agree on hospital plan
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For a small, not-for-profit hospital in a poor region of a poor state, rising bad debt raises serious questions about the purpose of a healthcare system
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Carl Marks Named Financial Advisor to Joan Fabrics
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Autos:

US union chief vows to fight sale of Chrysler
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Chrysler says sale talks continue
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Spanish State Legal Service to investigate Delphi bankruptcy
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Highland Capital eyeing new Delphi bid
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Delphi workers shun pay cuts
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Woods Auto wins suit
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Ghosn says time not right for Chrysler bid
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Telecoms:

Vonage tells SEC it's considering bankruptcy
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Corporate Reform:

Ex-Hollinger Lawyer Says Her Firm Gave Bad Advice
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Memo points to direct role in payments
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A Sequel to the Options Scandal?
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Religion:

Hearing focuses on valuation of cases
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Bankruptcy comes to an end; now the healing begins
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Clergy abuse victims, parishes approve Spokane diocese payment ...
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Defining miracles downward
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Tax:

US Treasury's Paulson-tax overhaul plans shelved
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Narrowing Tax Gap Called 'Unrealistic'
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Mass Torts:

Bankruptcy-tested executive to replace Owens Corning's retiring boss
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James Hardie seen a good fit for Owens Corning
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Asbestos Attorney Accepts 10-Year Term in Plea Deal
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Utilities:

Entergy expects earnings below forecasts
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Calpine Reaches Claims Settlement With Holders of Certain Defaulted Bonds
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Ameren CFO: 'Legislation would be unconstitutional'
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Credit Cards:

Chase Card Charge-offs Rise 29% Year over Year
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Changing Bankruptcy Picture Will Impact Chargeoffs this Year, Experts Agree
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New Bankruptcy Opinions
(6 new opinions today) 

Bankruptcy Court Web/Pacer Site Directory

Chapter 7, 12 & 13 Private Trustee Locator
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Recent Ch. 11 Filings
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Bankruptcy Jobs:

(1), (2), (3), (4), (5), (6), (7), (8), (9), (10), (11)
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Real Estate:

Washington Mutual commits $2 bln for subprime help
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Freddie Mac to Buy $20 Billion in Subprime Home Loans
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Senators see no need for subprime "bailout"
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New Century Workers Ask for Their Own Bankruptcy Committee
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Foreclosures reported up 47% in past year
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Judge puts off Kara foreclosure decision
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Capital One's Subprime Snag
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Mortgage Loan Volume Fell 2.5% Last Week
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Student Debt:

US lawmaker urges "emergency" student loan reforms
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Entertainment:

Is Pearlman seeking cash?
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Food/Drink:

Feds oppose Pittsburgh Brewing financing plan
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Custom Foods Receives $25 Million In Interim Financing
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Economy:

Jobless claims retreat slightly following big surge
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Boyd Printing wins a reprieve
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UK:

U.K. blocks bid for higher pension compensation for employees of bust companies
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The debt generation
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People under informed about IVAs
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Net tightens on debt absconders
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Canada:

RCMP hunt for alleged fraudster
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Czech Republic:

Bankruptcy flaws plague creditors
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Korea:

SK Networks completes debt workout program in almost four years
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