January 15, 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
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Aviation:

Insiders: Delta-NWA merger strong option
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Delta pilots to fight takeover
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Delta merger looking inevitable
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Northwest Air bankruptcy plan mum about merger
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Can merger cut fares?
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Northwest Files Plan, Seeing Exit From Bankruptcy This Year
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Is Delta Nearly Done?
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Delta Pushes Ahead on Standalone Plan
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Over 60? No wings, just a prayer
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Law:

On the Verge of Mergers, Reed Smith Revenues Rise 14 Percent
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Fulbright raids Jenkens for entire tax team
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'Eat What You Kill' Firm Splits Over Attempt to Institute Fee Sharing
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Anonymous Lawyer
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DLA Piper names bankruptcy co-chair (scroll down)
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Alschuler Grossman's Great Divide
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Williams Mullen and Maupin Taylor Make Plans for Merger
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Star Witness Cheney In Libby Perjury Trial
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Angel to step down as Linklaters chief; succession race begins
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Law advice Web site is illegal, bar says
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Pentagon Launches Attack On Top Law Firms
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Milberg v. Bernstein: The Truce
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Skadden Arps at Center of 1980s-Style Takeover Battle
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Judicial Pay: Too Much, Too Little or Just Right?
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Say What?!
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Mediocre Strategy, Superb Execution: Or the Difference Between Brains and Guts
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Clients Expect to Pay Bigger Bills in 2007
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Casino Mogul Sues Lloyd's of London Over Punctured Picasso
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Judge Appears in Nude Calendar
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Media:

Adelphia extends bankruptcy approval date
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The IPA's Domino Effect: The Enron of Indie Media Leaves Publications in a Pinch
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Bankruptcy Reform:

Landmark lawsuit challenges constitutionality of bankruptcy law
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Layoffs:

Global Signal slashes its staff
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Accounting:

Failing Grades for E&Y, KPMG
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Brothers' Racketeering Suit Seeks to Bring Down PricewaterhouseCoopers in Georgia
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Big Accounting Firms Still Pay for Scandals
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Morgue photographer may seek bankruptcy
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Creditors get Malden Mills win
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Bankruptcy Ethics Issues for Solos and Small Firms
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Autos:

Judge approves Delphi's $3.4 billion bankruptcy-exit proposal
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UAC's Bankruptcy Case Closed
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Labor offers mixed reviews of Delphi's new financing plan, investors
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Collins & Aikman Keeps Ch. 11 Control
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Auto Loans Lead Rise in Debt Listings, Price Pressures Seen
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Real Estate:

Mortgage fraud's new super sleuths
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Clear Choice Announces Insolvency and Restructuring of Operations
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Your lender doesn't want the house
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Home-loan house of cards will fall
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Mortgage-Trapped
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Fed Reserve Governor Warns of Rising Mortgage Delinquencies
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Corporate Reform:

Investigator to Plead Guilty in HP Probe
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The prizes keep on getting bigger in CEO Lotto
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New rules taking effect for compensation disclosure are forcing some companies to trim executive perks
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We really can fix this, if we work together
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Nardelli's big payday was set on day one
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Rolling back corporate-reform law will hurt
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Figuring top exec pay now easier under SEC's latest requirements
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Another Executive Sentenced in Peregrine Systems Accounting Scandal
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The Former Newspaper Baron Makes Good Copy
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Religion:

Claim reviewer for bankruptcy agreed on
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Municipalities:

San Diego mayor rules out bankruptcy in second annual address
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Unions:

Life's likely to get harder for those with union card
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Fashion:

Kuhlman Co. may face bankruptcy
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Economy:

After years of record growth, 2007 may be year of moderation for economy
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Stronger Signals of Growth - and Inflation
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Credit Cards:

Banks Gone Wild
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Health Care:

Many Health-Care Workers Are Priced Out of Housing
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Proposed Chapter 11 Sale for Enesco
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Enesco Files For Chapter 11 Facilitating Tinicum Buyout
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Constitutionality of US Bankruptcy Code Preemption of Mortgage Foreclosure Statutes, and Related Economic Effects
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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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Is Chapter 11 Costly?
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Credit Reporting:

An 80-year credit history
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Debt Collection:

Collecting from the top
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Food:

Brewery union vote due
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Union to recommend new contract for Iron City beer maker
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Tax:

IRS Agents Say Big Business Gets Off Easy
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Student Debt:

Looking for the Unfree Lunch on Student Loans
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Bankruptcy Filing and the Expected Recovery of Corporate Debt
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Bankruptcies To Grow: Poll
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Hiding in Plain View: A Neglected Supreme Court Decision Resolves the Debate Over Non-Debtor Releases in Chapter 11 Reorganizations
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The Unconvincing Case for Incentive Compensation in Bankruptcy
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UK:

As debt grows, Treasury plans financial advice service for all
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Put Little Chef on the road to recovery with fresh fare
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£80000 for sacked boss
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Canada:

Anglo-rights group to declare bankruptcy
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Vancouver Aquarium eyes Crystal Garden
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Charges, problems pile up for bankrupt Zuk
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Australia:

Parties play blame game on bankruptcy figures
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Serbia:

Bankruptcy Mafia suspect detained
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Taiwan:

Taiwan issues arrest warrant for Rebar chief and wife
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Italy:

Parmalat settles with Deloitte
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France:

Court backing for Eurotunnel scheme
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Eurotunnel Exits Protection as Court Backs Debt Plan
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Korea:

Stringent lending rules threatening nation's economy
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