April 4, 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:

"In the end, the root cause of why we are in bankruptcy is because we lost sight on the customer"
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Law:

Bankruptcy Lawyers Preparing for the Surge
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Sheppard Mullin Focuses on Rate-Sensitive Practice Areas
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Willkie Farr Names New restructuring Partner
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MoFo IT Gets Its Green On
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NY Judges, Denied Pay Raise, Talk of Strikes, Quitting
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The Flatulence Footnote
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Mintz Levin rains on Sonnenschein's opening day parade
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Say What?!
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San Fran's Ousted U.S. Attorney Lands at Allen Matkins
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Day Pitney Lawyers Let Off Hook in Malpractice Suit Over Arms-Dealer Loan
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Legal OnRamp: "Law Firm 2.0"?
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Endurance, not Age, is the Issue for Law Firm Partners
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Firm will be first to offer stock for sale to public
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Allen & Overy promotes 32 partners and 17 'counsel'
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Real Estate:

Subprime Lending, Default Risk, and Personal Bankruptcy Reform
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Subprime Lenders in Bankruptcy
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Subprime lender SouthStar shuts down
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New Century to Get OK to Borrow Cash
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US February pending home sales index rose 0.7 pct
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'Plenty of blame to go around'
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US Apartment Vacancies Rose to 6% in First Quarter
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LEND Secures Financing to Stay Afloat
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Home Buyers, Sellers Feel Fallout From Housing Market
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Payment woes worsen on riskiest US mortgages
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Are Loan Loss Reserves Adequate?
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Accredited Home Lenders Says It's Considering Merger
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Bankruptcy Crimes:

Judge orders Peel to surrender Monday
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Judge pulls plug on challenge to Adelphia bankruptcy payouts
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Autos:

Judge urges Dana, unions to keep talking
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Big 3 Auto Makers Post Monthly Declines
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Daimler Says Company in Talks on Sale of Chrysler
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Blackstone, Cerberus make formal bids for Chrysler
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Zetsche confirms Chrysler for sale
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Chrysler offers said to be up to $9 billion
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Parts moving to GM
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Over 900 Ford workers in Windsor accept early retirement or buyouts
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Tax:

U.S. accuses Jackson Hewitt outlets of tax fraud
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Jackson Hewitt plummets after lawsuits
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Economy:

Europe tops U.S. in stock market value...
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Investors drop bonds for stocks as fears ease
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Stocks surge on positive housing report
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Sports:

Pitcher in middle of bankruptcy suit
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Entertainment:

Bankruptcy Judge: Photographer has claim to Monroe pictures
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Pittsburgh jazz club dispute going to bankruptcy court
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Judge considers trustee for Rascals owner
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Financial Emergency for Celebrated Nonprofit Theater in New Jersey
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Accounting:

PCAOB Proposes Expanded Explanations on Financial Restatements
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Student Debt:

Bill looks to halt creditor freebies
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Pensions:

New Jersey Diverts Billions and Endangers Pension Fund
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Thaxton Chapter 11 plan is approved
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New Bankruptcy Opinions
(3 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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Kirkland Star Goes Back To His Middle Market Roots
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AS the chiefs of private equity pull off one highflying buyout after another, bankruptcy lawyers are beginning to get their safety nets and first-aid kits ready
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Shameless Americans?
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Health Care:

Doctor contrasts his cancer with uninsured patient's
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Bankruptcy urged for Palm Drive hospital
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Legislators attend healthcare summit at Kessler Hospital
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Doctors' Hospital wants to open urgent-care center
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Hedge Funds:

A new market gives holders of distressed hedge funds a quick escape
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Corporate Reform:

Testimony hints of backdating
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With New Scrutiny, Companies Cut Executive Perks, From Country Club Fees to Tax Preparation
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Protiviti Acquires PENTA Advisory Services, LLC
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Collection Due Process, Notice, Mailing, and bankruptcy all collide for tax fun!
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Burdens of proof and modifying mortgages of straddling properties in bankruptcy
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UK:

Corporate profitability reaches record high
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Crisis warning on UK home loans
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Russia:

Eni Wins Yukos Auction for Stake in Gazprom Oil Unit
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Eni, Enel Win Controversial Yukos Auction
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France:

Global Automotive Logistics' Safeguard Period Extended By Court
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