February 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

Search prior headlines:

http://bkinformation.com/PriorEditionsSearch.html

Search prior New Opinions:

http://bkinformation.com/NewOpinions_Search.html

 

 

 

 

 

Aviation:

Comair Pilots To Vote On Tentative Deal
(DBN Subscription Required)

JetBlue, Struggling to Recover From Storm, Cancels More Flights
(DBN Subscription Required)

Terminal chaos for JetBlue in NY
(DBN Subscription Required)

How 2 pilots put silver lining in jetBlue clouds
(DBN Subscription Required)

Airbus prepares to downsize
(DBN Subscription Required)

Pilots divided over retirement age
(DBN Subscription Required)

American Air the next buyout target?
(DBN Subscription Required)

Analysts Not Sold on Odds of AMR Buyout
(DBN Subscription Required)

_____________

Law:

Bankruptcy Boutique's Lawyers Depart for Larger Firms
(DBN Subscription Required)

Last to Know: Firm Slow to Tell Its Associates About Raise
(DBN Subscription Required)

Big Law Firm Raises: Much Ado About Nothing?
(DBN Subscription Required)

Shearman hit by downbeat financial results
(DBN Subscription Required)

Profits surge at Shearman but fee income static
(DBN Subscription Required)

More Associates Getting Raises
(DBN Subscription Required)

The No-A--hole Rule
(DBN Subscription Required)

Say What?!
(DBN Subscription Required)

Law Firm Leaders Can Learn From Toyota's Success
(DBN Subscription Required)

Lawyers ready for a boom in bankruptcy
(DBN Subscription Required)

More Departures at Mayer Brown's New York Office
(DBN Subscription Required)

Many bonus programs fail
(DBN Subscription Required)

DC Firm Gilbert Heintz Facing Defections of Some Big Names
(DBN Subscription Required)

Look! Up in the Sky! It's a Super Lawyer!
(DBN Subscription Required)

Wachtell Partner "Chinning Up" to Centerview
(DBN Subscription Required)

Linklaters bids for senior talent as it woos Weil Gotshal's London Managing Partner Francies
(DBN Subscription Required)

Bookkeeper steals $1M from law firm
(DBN Subscription Required)

"Dog the Bounty Hunter" Loses Mexican Extradition Battle
(DBN Subscription Required)

N.J. Says It Will Recognize Gay Unions From Other States, Nations
(DBN Subscription Required)

Barclays to probe firms' staffing on transactions
(DBN Subscription Required)

Simpson Thacher set for boss swap as UK chief returns to US
(DBN Subscription Required)

Orrick talks mar Dewey retention
(DBN Subscription Required)

Associate's death highlights concerns over heavy workloads
(DBN Subscription Required)

The tragedy that fueled an overdue debate
(DBN Subscription Required)

Death Of A Lawyer - Stress And The Legal Career Path
(DBN Subscription Required)

Options-toll rises as corporate lawyers retire, quit
(DBN Subscription Required)

Real Estate Lawyer Stole $20 Million for Wedding, Condos and Staff Salaries
(DBN Subscription Required)

Junior lawyers in greatest demand
(DBN Subscription Required)

Are We a Profession or an Industry?
(DBN Subscription Required)

White & Case to vote on three-tier management
(DBN Subscription Required)

Freshfields revolution continues with sector group shake-up
(DBN Subscription Required)

_____________

Religion:

Diocese of San Diego eyeing bankruptcy
(DBN Subscription Required)

Final 5 Ariz. Baptist Foundation defendants sentenced
(DBN Subscription Required)

____________

Credit Cards:

Credit Card Slaves - Medical Credit Cards
(DBN Subscription Required)

The True Cost of Defaulting on 0% Credit Card
(DBN Subscription Required)

_____________

Enron:

Prosecutors ponder not retrying Merrill Lynch case
(DBN Subscription Required)

Did Bush have financial links with the scandal-plagued Enron?
(DBN Subscription Required)

_____________

Tax:

Linebarger Says It's "In Discussions" with IRS over Contract
(DBN Subscription Required)

_____________

Sports:

Bankruptcy judge, former sportswriter, official scorer for Wolf Pack
(DBN Subscription Required)

_____________

Health Care:

Judge OKs SeraCare Ch. 11 Plan
(DBN Subscription Required)

_____________

Refco collapse casts shadow on `point man'
(DBN Subscription Required)

Being debt-free is 'total weirdness'
(DBN Subscription Required)

Court Sets Sale On Queen Mary
(DBN Subscription Required)

 

Autos:

DaimlerChrysler has potential bidders for US unit
(DBN Subscription Required)

GM in Early Talks to Buy Chrysler
(DBN Subscription Required)

Why GM Is Serious About Buying Chrysler
(DBN Subscription Required)

GM-Chrysler deal would be frightful
(DBN Subscription Required)

Report says Chrysler-GM link to be alliance, not merger
(DBN Subscription Required

DaimlerChrysler Moves Forward On Plans to Sell or Spin Off U.S. Unit
(WSJ: separate paid subscription required)

What will become of Chrysler?
(DBN Subscription Required)

Chrysler, GM may come together
(DBN Subscription Required)

Tower Automotive for sale
(DBN Subscription Required)

____________

Real Estate:

Our credit democracy is nearing bankruptcy
(DBN Subscription Required)

Housing Starts Sink 14.3% - lowest point in nearly 10 years
(WSJ: separate paid subscription required)

Concern Grows Over Community Banks' Real Estate Loans Do BAPCPA, FIRREA, Down Market Create Perfect Storm?
(DBN Subscription Required)

Housing rot is just the beginning
(DBN Subscription Required)

Scam targets homeowners, Fed warns
(DBN Subscription Required)

Blind women file for bankruptcy to hold on to house
(DBN Subscription Required)

How Expansions Die - Credit cracks in the economic foundation
(DBN Subscription Required)

Subprime mortgage companies taking a hit
(DBN Subscription Required)

Big banks deciding the fates of troubled subprime lenders
(DBN Subscription Required)

Experts divided on ills of subprime lenders
(DBN Subscription Required)

Hard questions circle housing
(DBN Subscription Required)

Attorney sees others with problems stemming from refinancing plans
(DBN Subscription Required)

Mortgage Lender Fieldstone To Be Bought By C-BASS
(DBN Subscription Required)

Subprime Mortgage Derivatives Tumble for a Fourth Straight Week
(DBN Subscription Required)

_____________

Corporate Reform:

SEC once a watchdog, now just a lap dog
(DBN Subscription Required)

Washington Takes Aim at CEO Pay
(DBN Subscription Required)

The Curious Contempt Case of Martin Armstrong
(DBN Subscription Required)

A court document showed former Mercury Interactive executives allegedly altered options-related documents
(WSJ: separate paid subscription required)

Principals of SEC-Targeted Investment Firm Settle, Agree to Forfeit Millions
(DBN Subscription Required)

Two Delaware Chancery Court Cases on Backdating and Spring-Loading Stock Options Increase the Stakes for Directors
(DBN Subscription Required)

_____________

Food/.Drink:

Angel Investor hoping to rescue winery from foreclosure liquidation
(DBN Subscription Required)

New CEO steers Interstate Bakeries
(DBN Subscription Required)

Cadbury Schweppes And Giant Eagle Consider Buying Le-Nature's Inc.
(DBN Subscription Required)

Regional grocery chain continues to lose money
(DBN Subscription Required)

______________

Bankruptcy Reform:

Fewer Chapter 7s have a Catch-22
(DBN Subscription Required)

Pro Bono Attorneys Not Debt Relief Agencies per U.S. Bankruptcy Court for the Southern District of Florida
(DBN Subscription Required)

____________

Publishing:

Sale of Assets Could Close the Books on Lengthy AMS Scandal
(DBN Subscription Required)

Perseus to Take Over Publishers' Contracts
(NYT: separate free registration required)

Small presses will get money
(DBN Subscription Required)

_____________

Pensions:

Tracking Down Your Long-Lost Pension Payments
(DBN Subscription Required)

_____________

Hedge Funds:

Judgment of more than $125 million could signal tighter practices
(DBN Subscription Required)

Bankruptcy Court Ruling Roils Hedge-Fund Servicers
(DBN Subscription Required)

Bear Stearns Loses One For The Prime Brokers
(DBN Subscription Required)

Bankruptcy Court Order Sends Tremors Down Wall Street
(DBN Subscription Required)

_____________

Elder Debt:

Retirees up against debt
(DBN Subscription Required)

____________

Dorsey Trailer Bankruptcy Approved
(DBN Subscription Required)

Adelphia Exits Chapter 11, but Appeal Is Pending
(DBN Subscription Required)

Adelphia asks court to deny ESPN fee request
(DBN Subscription Required)

 

New Bankruptcy Opinions
(No new opinions today) 

Bankruptcy Court Web/Pacer Site Directory

Chapter 7, 12 & 13 Private Trustee Locator
(DBN Subscription Required)

Recent Ch. 11 Filings
(DBN Subscription Required)

Bankruptcy Jobs:

(1), (2), (3), (4), (5), (6), (7), (8), (9), (10), (11)
(DBN Subscription Required)

______________

Lawyers Ready for a Boom in Bankruptcy: Experts in Field Believe Business Cycle Will Soon Yield a Surge in Defaults
(DBN Subscription Required)

'Travelers Casualty' Case Before U.S. Supreme Court Could Have Major Bankruptcy Ramifications
(DBN Subscription Required)

Venue selection and bankruptcy outcomes
(DBN Subscription Required)

The King and Queen of Debt
(DBN Subscription Required)

Shredding the Safety Net
(DBN Subscription Required)

Mass Torts:

An Asbestos Victim's Story
(WSJ: separate paid subscription required)

Tobacco Claims Will Start Smoking Again, Thanks to Calif. Ruling
(DBN Subscription Required)

GE loses asbestos cover fight, plans $115M charge
(DBN Subscription Required)

Asbestos Company Must Face Suit Alleging 'Take-Home' Exposure
(DBN Subscription Required)

____________

Media:

Air America sale OK'd by bankruptcy judge
(DBN Subscription Required)

Ad Hoc Committee of Holders of 13 1/4% Junior Exchangeable Preferred Stock Issued by Ion Media Submits Restructuring Proposal to Ion Media's Board of Directors
(DBN Subscription Required)

_____________

Utilities:

NWE execs: Bonuses survived bankruptcy
(DBN Subscription Required)

Judge turns over control of Valley Gas to Mountaineer
(DBN Subscription Required)

W.Va. gas utility files bankruptcy
(DBN Subscription Required)

____________

Anna:

Smith case is more than just theatrics
(DBN Subscription Required)

_____________

Textiles:

Malden Mills sale expected; Chrysalis bids $44 million
(DBN Subscription Required)

____________

Entertainment:

Broken in America - EMI's American business is crisis and its top performer in rehab
(DBN Subscription Required)

Interscope to Cooperate in Death Row Music Case
(DBN Subscription Required)

__________

Insurance:

P/C insurer failures decline in 2006
(DBN Subscription Required)

____________

Predatory Lending:

Payday-lending reform efforts have mixed success
(DBN Subscription Required)

MO bill seeks to limit payday loan interest rates
(DBN Subscription Required)

Payday lending bill now in the hands of VA Governor Kaine
(DBN Subscription Required)

People seeking payday loans to make ends meet can face growing financial troubles, 400% interest
(DBN Subscription Required)

___________

Culpability Formula Should Be Used In Parmalat Case
(DBN Subscription Required)

Ruling increases debate over Weston Nurseries deal
(DBN Subscription Required)

UK:

High debt levels 'are fault of the banks'
(DBN Subscription Required)

Bank profits go through roof despite bad debts
(DBN Subscription Required)

On borrowed time: credit reaches crisis
(DBN Subscription Required)

Insolvency points worth seizing upon
(DBN Subscription Required)

KPMG saves jobs at Chiltern plant
(DBN Subscription Required)

Hospital debts spark jobs fear
(DBN Subscription Required)

Court gives bankrupt brothel keeper a stark choice
(DBN Subscription Required)

Insolvent on sea: our bankruptcy capital
(DBN Subscription Required)

'Lohan Effect' putting women into debt?
(DBN Subscription Required)

___________

Australia:

Bankruptcies on rise for battlers
(DBN Subscription Required)

___________

Japan:

Bankruptcies fall third year in row
(DBN Subscription Required)

___________

Hong Kong:

Easy credit blamed for increase in bankruptcies
(DBN Subscription Required)

____________

Germany:

German Students' Free Ride Ends as Universities Charge Tuition
(DBN Subscription Required)

___________

 

Please note that the Daily Bankruptcy News is primarily a news link gathering service.   This means that most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not the Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. 

The DBN subscription fee for access to certain links is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use.

If you received the Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here, or by going to BKINFORMATION.COM and clicking on the Bankruptcy News button.  Note that the Daily Bankruptcy News is distributed via "HTML email" in which the links to the news stories are embedded in the headlines.  The email you receive should look like a 3-column newspaper, with headlines for each story. If you receive the Daily Bankruptcy News by email and the copy you receive is not formatted like a 3-column newspaper, or does not seem to contain links to the news stories, you may have an email client that is not capable of receiving HTML email, or is not configured to display such email.  You can however, receive a daily email notifying you when the Daily Bankruptcy News is updated on the web site. If you would like to receive such an email, please let us know at admin@bkinformation.com.

You can search the headlines from prior editions of the Daily Bankruptcy News by clicking here.

Advertising
Advertising is available in the Daily Bankruptcy News in a variety of places, formats and prices. Go to http://bkinformation.com/DBN_ADs.htm  for a list of choices.  Feel free to contact us with any questions.

Passwords
Access to certain links in the Daily Bankruptcy News is available only to readers holding a paid subscription.  These links are currently marked with a "DBN Subscription Required" notation. The cost of a subscription is $50/year, payable annually.  Volume discounts are available for sites with multiple users.  Complimentary subscriptions are available for full-time  educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links. New readers can receive a free password good for 30 days by going to http://bkinformation.com/RegistrationForm.cfm. Readers who wish to change their passwords should go to http://bkinformation.com/ChangePasswordForm.cfm. Readers who have forgotten their password should go to http://bkinformation.com/GetPassword.cfm

Adding Your Email Address To The Distribution List
If you would like to start receiving the Daily Bankruptcy News by email each day, go to http://bkinformation.com/SubscribeDBNForm.cfm  and fill in the information requested.  There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.  

Removing Your Email Address From The Distribution List
If you already receive Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear.  Note that the email must be sent from the same email address at which you are receiving the Daily Bankruptcy News. You do not need to type anything in the body of the email message.   If you do not receive an email confirming deletion of your email address from the distribution list  for the publication, contact us by clicking here for help.

Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C.  You can reach us at 281-242-6208 or at accounting@bkinformation.com