December 27, 2007

Daily Bankruptcy News

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Law:

Humble Lawyers: The Key to Pleasing Clients
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A Compensation Meditation
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Is All That Associate Salary Green Nothing More Than a Red Herring?
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Partners Leave Firm Life for Unique (and Less Time Consuming) Opportunities
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"Everyone thought it was a joke" - Bankruptcy lawyer becomes dog whisperer (scroll down)
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Kirkland & Ellis: Top Guns
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Skadden: On a Winning Streak
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Williams & Connolly: Do You Believe in Miracles?
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Wilmer Cutler: An All-Around Champion
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Akin Gump: Up from Politics
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Jones Day: Rescuing the Rust Belt
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Litigation Department of the Year
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The Chungs: Poster Children For Lawsuit Abuse
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Guitar-Strumming Attorney Sets Legal Parodies to Music
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Listen to your clients
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Delaware Ruling May Let Plaintiffs Pierce Backdating Probes
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Tulane, Loyola Law Schools Say, 'Save Your Pity'
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Judge reschedules bribery trial for Scruggs, others
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Shifting Priorities Sway Big-Firm Partners' Exit Strategies
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Has Big Law Got You Down? Become an IRS Informant!
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The Most Supreme New Year's Eve Dinner Party
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The Mortgage Meltdown Begets the Mortgage-Litigation Boom
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Arnstein & Lehr LLP Welcomes Two Bankruptcy Attorneys to its Chicago Office
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Ballard Spahr Seeks New Fortunes in Los Angeles
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The Best Lawyer Ad of the Year?
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Growing number of gripes go global - Web provides windows for worldwide retribution - Client upset with firm's bankruptcy representation sets up web site (scroll down)
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Retailing:

Retailers look for post-holiday bump
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Amazon says 2007 holiday season is strongest yet
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Autos:

Federal-Mogul Emerging From Chapter 11 Protection
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Dana says expects to exit bankruptcy in January
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Mich. population dips 30500
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Wall Street:

Billionaire Lewis ups stake in Bear Stearns
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Insiders Profit From Panic
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China Buys Wall Street
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Utilities:

Rosetta objects to Calpine's release of certain claims
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Food/Drink:

Warren: I'll Drink to That
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Real Estate:

Home Prices Declined at Faster Pace
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Home Prices Fall for 10th Straight Month
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Standard & Poor's Case-Shiller Home Price Index Down Sharply
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Home Prices Fall Again, Miami Leads The Nation
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Few Metro Areas Spared
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San Diego home price decline most severe in nation
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American Home to Sell Mtge Loan Pools
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FTC Issues Lender Bankruptcy Advice For Consumers
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Watch Out for These Foreclosure Scams
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Luxury home builder files for Chapter 7
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Resort company wins bid for Lantana Lodge
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Ohio lawyers support call to help money-strapped homeowners
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Fitch Places 87 MBIA-Insured RMBS Classes on Rating Watch Negative
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Class-Action Mortgage Broker Suit Stalls Before It Starts
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Vegas proves immune to jittery economy
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Joint Ventures May Bury Builders
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Ohio Tries Foreclosure Mediation
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Aviation:

United flight cancellations continue into third day
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United pilots blame staffing for flight woes
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Maxjet collapse leaves hundreds stranded
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Business flights can't carry economy
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Maxjet loses $20m in quarter before filing for bankruptcy
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Italy think-tank tells politicians to let Alitalia go
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Horse Racing:

NYRA bankruptcy hearing delayed
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PBGC seeks to terminate NYRA plan
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Court Urged to Reject NYRA's Ch 11 Plan
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The Day at the Races
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Health Care:

Matching grants for Auburn hospital
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Chemicals:

Solutia Creditors Want To Boost Reserve Fund
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Credit Cards:

Complex pricing of credit cards should be simplified
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Unpaid credit cards increasing at alarming rates
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Software:

SCO Receives Nasdaq Notice Letter
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Corporate Reform:

Website helps wayward executives prepare for prison life
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Economy:

US rates need another cut: Snow
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Fund guru says recession has arrived
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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), (12)
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NEW
Claim Trading Alerts
The easy way to monitor
bankruptcy claims trading
30-Day Free Trial

Bankruptcy Reform:

Banks Gone Wild
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Furniture:

Investor Group Buys Intellectual Property of Bombay Co. for Licensing
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Religion:

Bankruptcy settlement: Diocese to pay $13.6 million
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Pensions:

Many Retirees May Lose Benefit From Employers
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Cutting Retiree Insurance In Order to Save It
(WSJ: separate paid subscription required)

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Tax:

U.S. Prevails in Tax-Shelter Battle; 'Son of Boss' Court Ruling Could Be Used To Pressure Other Taxpayers to Settle
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The Truth about Frivolous Tax Arguments
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HR:

Castleton in bankruptcy
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M&A:

Can Cerberus Survive the Hole It's Digging?
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Bonds:

Fitch may cut ratings on some insured mortgage bonds
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ACA Gives Control to Regulator to Avert Delinquency
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UK:

Villains aplenty but few heroes in sad tale of debt tragedy
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Pension buy-outs set to grow
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Is this retail's nightmare before Christmas?
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UK November Mortgage Approvals Fall 44% on Year
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Japan:

Japan Stocks Fall After US Home Prices Drop Most in 6 Years
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Foreign teachers still waiting for jobs
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Canada:

Federal Commodities Regulators Settle Hedge-Fund Supervision Case With MF Global
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Restructuring for ABCP market
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Forestry braces for `tough year'
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