February 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:

US Airways CEO looking ahead but says Northwest not a target
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US Airways CEO is DUI suspect
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Delta orders 30 regional jets
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Northwest shareholders subpoena airlines
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ALPA Condemns Comair Bankruptcy Ruling
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Bid for NWA in doubt
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Law:

Who's Paying For These Associate Raises?
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Holland & Knight Joins Wave of Law Firms Boosting Associate Salaries
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Marketing Opportunity: Megafirms overpay $160,000 for First-year Associates
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Simpson Thacher Salary Bombshell Reverberates in New Jersey
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NY Firm Acquires 14-Attorney Group, Including Bankruptcy
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Associate's Dad Loses CEO Job After Probe Reveals Family Ties
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The S&C v. Charney Drama Moves to the Courtroom
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Defense Lawyer to High Fliers
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Second-Year Associate Leaves Law Firm Life for Congress
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More Law Professors Consult at Firms
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Former U.S. Attorney Says He Was Ordered to Resign by Bush Administration
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Amidst Rumors of Political Purges at DOJ, Senate Panel Reacts Sharply
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Clifford Chance Is Named Best Bankruptcy Law Firm In Asia
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Lawyer to name baby after YOUR firm
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Profit up 21 per cent at White & Case
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Dechert revenues up 27%
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Fees under the microscope
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Biglaw associate in helicopter rescue drama, on firm's nickel
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Superbly-named lawyers
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Say What?!
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Former Thacher Proffitt Associate Admits Role in Insider Trading Scheme
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Paul Hastings Adds Bankruptcy Partner In Chicago (scroll down)
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Destroyed Hard Drive Becomes Focus of Hearing in Sullivan & Cromwell Suit
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Corporate boom gives rise to widespread charge-out fee hike
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Corporate Reform:

Bush uncle was a director of firm in options case
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Chancellor Chandler Disses Backdaters. Oh Snap!
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Options: Back to the Future
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Backdated Stock Options and Spring-loaded Options under Delaware Law
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Layoffs:

Alcatel-Lucent to cut 12500 jobs
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Kodak plans to cut up to 5000 more jobs
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Morrell to lay off 485 at processing plant in Sioux City
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Economy:

Jobless Claims Increase to 311000
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Entertainment:

Country singer Kershaw files for bankruptcy
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Autos:

Saturn Leads GM's Turnaround Effort
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Auto-parts trade takes another hit
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Big Dealer to Detroit: Fix How You Make Cars
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Real Estate:

Subprime Mortgage Bond Risks Surge, Index Suggests
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New Century, other US subprime lenders shares drop
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Subprime Mortgage Troubles to Continue, Chase CEO Predicts
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HSBC management shake-up
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Subprime Time Bomb
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First Federal: Soon-To-Be Sub-Prime Lender?
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Mortgage Lenders Battered by Late Payers
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Toll Bros. home building revenue to fall
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Toll's Orders Plunge, Forecasts Larger Land Writedown
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California Home Buyers Racking Up More Debt
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Rise in Dud Mortgages Spooks Lenders
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Subprime Risk, Builders' Blues, Buffett's Words
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Dwek may be forced into bankruptcy
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Food:

Winn-Dixie to get $19M in IRS settlement
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Timber:

Armistice Day
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Media:

Air America gets another chance to find its niche
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Telecoms:

Trinsic Files for Chapter 11 Reorganization
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Bankrupt US Virgin Islands telco sells TV holdings
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Accounting:

Deutsche Bank settles U.S. tax-shelter lawsuits
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Tech:

Tripath Files for Protection Under Chapter 11 Bankruptcy
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Fast-growing computer retailer files bankruptcy
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Predatory Lending:

Warren: Another Amazing Hearing
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Bankruptcy Crimes:

Bankruptcy Fraud Task Forces aid successful prosecution of bankruptcy crimes
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Religion:

Bankruptcy Sidesteps Trial for Diocese
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Enesco goes under the hammer
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WA Bankruptcy filings dive 71 percent
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Taking Stock of Unpaid Compensation Claims: How to Avoid Losing Rights Based on Stock Value When the Stock Falls to Zero in Bankruptcy
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NOW on Bankruptcy Tomorrow
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New Bankruptcy Opinions
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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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Anna:

Anna Nicole Smith dies
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Anna Nicole Smith timeline
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Marshall fought for father's wish, family says
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Why America couldn't look away
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Were Drugs To Blame For Anna Nicole's Death?
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Lawyer Fires First Shot in Battle Over Anna Nicole's Baby
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Anna Nicole's Death Means Legal Turmoil
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Estate battle goes on in courts
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Seminars:

Federalism and Bankruptcy Symposium
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Sports:

Allen's bid: What does it all mean?
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Off-track betting firm sues NY Racing Association for $1.6M
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Enron:

Enron's Enablers May Slip Through Legal Opening
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Health Care:

Hubbard hospital will go it alone
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Tax:

IRS Pursues Taxes on Backdated Options
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Dividend Recaps: Why Some of Today's Private Equity Deals May Become Tomorrow's Fraudulent Conveyances
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NC company plans to bid on bankrupt Freedom Packaging
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Joan Boehm has few answers for bankruptcy trustee
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EU:

European bank holds rates steady
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Russia:

Chevron May Buy Yukos Assets
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Indonesia:

Bankruptcy of foreign firm costs 1300 jobs in Batam
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Canada:

Once-thriving National Press Club ready to declare bankruptcy
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Bright futures awash in red ink
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Spain:

The effects of insolvency on the debtor's private contractual relations
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