January 10, 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:

Mesaba says obstacles removed for buyout by Northwest
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United Airlines Wins Approval for New China Service
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Pinnacle sells portion of claim against NWA
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US Airways increased its offer to buy bankrupt rival Delta Air Lines to $10.2 billion from $8 billion
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Which airlines would make graceful dancing partners?
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Big Airlines Get Boost From Jet Fuel Drop
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US Senate plans hearing on airline merger impact
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Northwest to file reorganization plan by next week
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Chief officers increase ownership in Pinnacle Airlines
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Comair responds to article on pilot's family
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Law:

Poyner & Spruill Attorney Selected As Top Bankruptcy Lawyer in State
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One Firm Drops Off Fortune's "Best Places" Favorites
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NY BigLaw Partner Hasn't Paid Taxes Since the '80s, Headed to Jail
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Fielding, Veteran Washington Lawyer, Chosen to Be White House Counsel
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Will Wiley Rein Have to Drop Fielding?
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Jones Day Names 45 New Partners - No Restructuring
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Akerman Securities Lawyers Lured to Holland & Knight
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Women Litigators Battle Adversaries and Stereotypes
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Law Firm's Defamation Suit Against Former Client Dismissed
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Anonymous Lawyer
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Say What?!
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Judge Kaplan Takes His Plea to the Second Circuit
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Veteran bankruptcy attorney joins Mintz Levin
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More Offshore Legal Services Options
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Bingham: Land of the Amazons?
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Real Estate:

Housebuilder sees drop in cancellations
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Cancellations hit home-builder orders
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States urged to aid loan fitness
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Enron:

30 states take side of Enron shareholders
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Merrill Lynch, Credit Suisse Not Off the Hook for Enron
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Why Jeff Skilling is in Jail
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Predatory Lending:

Senator plans to examine unfair lending practices
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Tax:

Advocate Urges End Of Private US Tax Debt Collection
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Health Care:

Physician staffing company brings in turnaround specialist
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Innotrac Updates Status of Trading Restriction and Receivership for IPOF Fund
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Autos:

GM entitled to more under Highland Delphi plan
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Strike cost Goodyear more than $30 million a week
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Detroit trying to grow by changing direction
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Allied Holdings Seeks Filing Extension
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GM product czar Lutz said sacrificing a few points of market share in the U.S. will go a long way to pumping up its bottom line
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Teaming up may aid Ford, Toyota
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Big 3 predict soft sales in '07
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GM may sell more assets
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Corporate Reform:

America's CEO pay may soon face squeeze
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New executive pay disclosures coming
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Former newspaper tycoon faces new allegations
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Not enough severance cuts
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Federal lawyer accuses ex-Nor-Car CEO of $1.8M fraud
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Burruss Executives Pay Price for Their Greed
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Publishing:

Advanced Marketing asks bankruptcy court to stop publisher claims
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Publishers Unite to Fight
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Food:

Judge Won't Quash Le-Nature Wachovia Subpoenas
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Bankruptcy expert put in charge of Le-Nature's
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Religion:

A time for healing
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Local settlements pale in comparison to Spokane
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Unions:

NLRB Round One
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New Asarco pact recommended by union leaders
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Mills:

Mills Cites Possible Misconduct, Errors in Accounting
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Mall REIT Mills may file for bankruptcy
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Mills Says Debt Could Bankrupt Company
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Mills Faces Cash Crunch
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Litany of Woes for Mills Corp.
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Utilities:

No tax relief, no rate freeze
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Economy:

Growing Economy Has Liberals On The Rack
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Unions:

Tough times at the UAW
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History for Bankruptcy Scholars
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FTC Sues Debt Consolidators in Florida
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'Teflon Don' update: Boehm cars headed for bankruptcy auction
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Amtrol Creditors Object to Terms of Loan
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New Bankruptcy Opinions
(1 new opinion 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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Bankruptcy Work Falls, But Some Firms Scored Big in 2006
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DLA Piper Adds Co-Chair To Restructuring Practice
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More Yiddish, and Remembering Conrad Duberstein
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Up Esopus Creek
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Tech:

SCO bankruptcy called imminent
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Municipalities:

Agreement averts Osos board complaint
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Credit Cards:

Late credit card payments climb to highest point in a year
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Consumer borrowing comes on strong
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Entertainment:

Investor, former bankruptcy lawyer, picks up the pieces after getting stung on Hollywood financing
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Bankruptcy Reform:

Joe Biden vs. Working Men and Women
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Economy:

Small-business Optimism Declines
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Mass Torts:

Law Firm Accused of Eavesdropping, Barred From Court
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Religion:

Cert. Denied In Case On Invalidating Donations To Churches In Bankruptcy
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Refinancing can get complicated in bankruptcy
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Foamex Senior Secured Noteholders Unanimously Vote to Accept Plan
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UK:

Is It Too Easy To Go Bankrupt?
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Iran:

US bans, freezes assets of fifth-largest Iranian bank
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India:

India's economy likely to grow almost 9 percent this year
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Canada:

McCarthy Tetrault top law firm for M&A deals in 2006
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New Zealand:

Vote for Origin liquidator
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Netherlands:

Bankruptcy restarts often successful
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Taiwan:

Taiwan Prosecutors Raid Rebar Group Offices After Bankruptcies
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