April 9, 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:

A healthier Northwest brings union back to court
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American's labor relations on the rocks over executive bonuses
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Bleak airlines report for summer travel season
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Revived Delta Faces Next Test
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Law:

Partners Who Left Jenkens Forfeited Capital Contributions
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Bingham's Attrition: Big Trouble or Brilliant Rightsizing?
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Care & Feeding of 800 Pound Gorillas
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Lessons From a Large-Firm Partner Who Set Up His Own Shop
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Diva Alert
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Former Jenkens Bankruptcy Lawyers Join Hunton & Williams
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Corporate Counsel Seek New Ways to Price Legal Work
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Interview of Rodgin Cohen, chairman of Sullivan & Cromwell
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Sonnenschein to Open in Dallas
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WilmerHale Adds Latham's Vice Chair of Litigation
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The Fox Hunt: Find Profitable Partners Left Behind by Growing Firms
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Gonzales Aide Resigns; Has Said She Won't Testify on Fired Prosecutors
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Added Pressure On Gonzales to Resign With Aide's Resignation
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The U.S. Attorney Mess: Roundup
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Say What?!
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Obama Makes Inroads Into Edwards' Trial Lawyer Base
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Limiting Finders Fees to Increase Profits
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Another NY Lawyer, Denied by His Partners, Wins Share of $3 Million Fee in Court
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New E-Discovery Rules: Amendments to Rule 26(b)(2) are Meaningless
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Student Debt:

Student-Loan Secrets
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USC says financial aid probe is limited
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UT financial aid chief asked to quit federal panel
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Don't borrow trouble
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Student aid probe expands
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Retailing:

Bankruptcy court OKs Hancock plan to close stores, hold sales
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Bankruptcy protection is sought by Paper Zone
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Ex-Levy's workers finally will get paid
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Autos:

Kerkorian vows to be true partners with UAW
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Chrysler; Kerkorian; Revlon Duties
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UAW cool to Chrysler overture
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The 1998 merger between Daimler-Benz and Chrysler never really found a smooth road, and with buyers interested in the U.S. company, it appears DaimlerChrysler's days are nearly over
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Judge OKs Citation' Bankruptcy Plan
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Real Estate:

Lenders trying to work with homeowners in the red
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Lenders Hold Thousands Of Homes: D/FW
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Many subprime lenders will follow the lead of New Century
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Mortgage mess on par with dot-com bust, stock crashes
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Housing Slump Pinches States in Pocketbook
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New Century unloads slate of unfunded mortgage loans
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Troubling trend: Foreclosures continue to climb
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Short Sales Set Sail Again
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Bride of Chucky
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Colorado Foreclosure Hotline Reports Major Successes
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Mixed blame in mortgage bankruptcy case
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Corporate Reform:

Executive Pay: A Special Report: More Pieces. Still a Puzzle.
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Transparency, Lost in the Fog
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Professor Accused in $134M Fraud Case
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Health Care:

Changes help bankrupt hospital's finances, but more money still needed
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Does BAPCPA Create Additional Hurdles For Debtors With Health Problems When They File For Bankruptcy?
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Gov. Spitzer Snags Top Health-Care Fraud Buster
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Bankruptcy Crimes:

Peel is scheduled to surrender at noon today
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Asset Protection:

Can Foreign Court Impose Equitable Lien or Constructive Trust On Florida Homestead?
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Utilities:

Mirant Seeking Strategic Alternatives Including Sale
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New Bankruptcy Opinions
(No 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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LBOs Enrich Stockholders, Increase Risks For Bondholders
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Accounting:

Retrial Begins in Bank's Negligence Suit Against BDO Seidman
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Auditor warns PainCare: Debt may sink company
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Religion:

Bankruptcy plan's hearings set for Portland archdiocese
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Telecoms:

A Setback Then a Reprieve for Vonage in Courts
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Working OT for Vonage
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Municipalities:

Vallejo: The real truth behind the bankruptcy is out there
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Pensions:

PBGC finances improved, but impact of PPA uncertain, report notes
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Economy:

The New Suburban Poverty - For the first time ever, more poor Americans live in the suburbs than in all our cities combined
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Tax:

Jackson Hewitt Begins Internal Probe
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Timber:

Judge Rules Sopac Not Single Entity Real Estate
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Kansas Dept. Health and Environment secretary, wife file for bankruptcy
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Corporate Directors Can File Bankruptcy Petition After Receiver Appointed And TRO Issued
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Asarco: A slow-motion power struggle
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Consumer Borrowing Rises 1.5% in February
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Consumer Debt Relief, Harmonization, and Human Rights
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Collateral Estoppel - Not a Rule, An Option
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Australia:

Bankrupt Chopper 'down to his last $100'
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