April 3, 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:

Airline Hassles Rise With More Air Delays, Lost Bags
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AirTran lifts Midwest Air bid
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AirTran: $389 million is final offer for Midwest
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U.S. airline industry could post record profit this year
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ALPA loses UAL pension termination SCOTUS appeal (scroll down)
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AirTran Still Pursuing Midwest
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Delta reneged
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The Demise of the Right to Strike in the Airline Industry
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Law:

Hunton & Williams LLP hires 87 new attorneys in Dallas
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Hunton scoops 93 Dallas lawyers as Jenkens crumbles
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Jenkens & Gilchrist: The Epilogue
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You Say You Want a Big-Law Revolution
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The U.S. Attorney Mess
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Clerkship Bonuses
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NYU Law Revue: 'Bill It'
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National Firms Stake Claim in Phoenix's Robust Economy
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Jury Finds Prominent Attorney, Two Ex-Judges Guilty of Bribery
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Thank Private Equity for That Raise of Yours
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Chadbourne & Parke Lawyers Name Edward Zaelke As Managing Partner
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Hunton opens Austin shop with Jenkens lawyers
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Reed Smith Beefs Up Wilmington Bankruptcy Group
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US firms flex London muscle
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Morgan Lewis rolls out associate mentoring scheme
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Institute for Women Lawyers Aims to Break Boardroom's Glass Ceiling
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Too Bad This Bill Wasn't an April Fools' Joke
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Dewey Adds Two More Structured Finance Partners
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Say What?!
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Law firms reap the rewards of lobbying work as five reach top 20
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Corporate Reform:

Witness tells Black trial of instruction to send $2m to peer
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Black Mischief
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Exec: No value in payments to Black
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Suprema executives convicted
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Defense Lawyers Dismayed by 9th Circuit Ruling on Willful Ignorance
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Corporate Governance Post-Enron: Effective Reforms, or Closing the Stable Door?
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Ex-Interior Secretary's Former Girlfriend Is Latest Target in Abramoff Probe
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Autos:

Delphi to outsource 650 finance jobs
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Dura closing last Canadian plant
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Is Cerberus bidding for Chrysler?
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Dura Automotive to close 4 plants, sell 2 businesses
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Ford Pledges to Pitch in on Severance Pay
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Real Estate:

New Century Files for Bankruptcy
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Many layers to New Century bankruptcy
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New Century 'somber' as fired employees head home
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New Century Fire Sale
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New Century 'Like the Titanic sinking'
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New Century, Biggest Subprime Casualty, Goes Bankrupt
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Early Reactions To The End of the Century
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When your lender goes bankrupt
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A dream farther out of reach
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Will the Vacation Industry be a Victim of Sub-prime and ARM Problems
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US mortgage woes could hit regional banks
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Goldman named largest creditor of New Century
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Auditor drops 2 subprime lenders
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Sports:

Allen completes repurchase of Rose Garden
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Tax:

Court Approves Armstrong Holdings, Inc. Settlement with Armstrong World Industries, Inc.; Holdings' Annual Financial Statements To Be Delayed
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Accounting:

Mere Auditor "Review" Of Quarterly Financials Will Not Give Rise To Liability Under The Federal Securities Laws
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Health Care:

Medifacts sells CRO unit after bankruptcy reshuffle
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Enron:

Enron creditors get $1.87 billion payment
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Judge OKs withdrawal of Enron-related guilty plea
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Enron: And Then There Were 15? Government seeks dismissal of ex-Enron exec's guilty plea
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Fallen giant now Enron Creditors Recovery Corp.
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Tecumseh Products, ex-CEO reach accord
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New Bankruptcy Opinions
(2 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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Delaware Supreme Court's Recent Oral Argument In The Trenwick America Deepening Insolvency Case
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Buddy, Just Hand Over That Dime -- Corporate borrowers are flexing their muscles
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Student Debt:

Inquiry Into Student Loans Is Resolved, Citibank, Universities Agree To Pay $5.2 Million
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Credit Cards:

In the pursuit of prosperity, we have 'Maxed Out'
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Utilities:

Fitch Downgrades Ameren and Illinois Subsidiaries
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Media:

TV station bankruptcy petition dismissed
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Mass Torts:

Asbestos disease projections too low
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Economy:

Trillions in Debt, Can the Middle Class Hang On?
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Refco:

Refco Trustee Looks to Distribute $450M
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Refco's Grant Was `Fully Briefed' on Fraud Scheme, US Says
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Bankruptcy Crimes:

Former bankruptcy lawyer admits to embezzlement from clients
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Tech:

An Advanced Micro Devices (AMD) Bankruptcy?
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Abolition of the Corporate Duty to Creditors
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IPO marks end of cheap-debt era
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UK:

Eurotunnel refuses to back down on perks deal
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Riise fights to lift bankruptcy order
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Russia:

Rosneft's Yukos Bid Could Foil Gazprom
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The Yukos carve-up
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