January 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
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Autos:

Bankruptcy trustee questions Collins & Aikman disclosure
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675 workers at Old Fort plant await sale of business
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Dana Has New Financial Chief, $35K/month
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Clouds continue to gather over battered parts sector
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Ford exec gives up jet perk
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Law:

Ex-Citigroup Broker Sues Paul Weiss Over Conflict in WorldCom Litigation
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Associate Bonuses Still Booming, Despite Salary Increase
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The Record of Achievement No Lawyer Wants
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Say What?!
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Freshfields announces counsel role
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Litigator Is First Woman on BigLaw Firm's Management Committee
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Kirkpatrick Names New Bankruptcy Partner
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Despite DOD Predictions, Clients Back Firms Representing Gitmo Detainees
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Upgrading Litigation Support Tech for Massive EDD Matters
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Resist the temptation to feel overwhelmed when first asked to take the lead for a client
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Indian Tribes Bet on Big Firms
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Observing Sullivan & Cromwell Sex-Discrimination Lawsuit
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Will Associate's Suit for Discrimination Based on Sexual Orientation Be Resolved in Court or the Court of Public Opinion?
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A Gay Former S&C Summer Weighs In
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Charney v. Sullivan & Cromwell: Aaron Charney Is Ready for His Close-Up
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Hiring S&C Ain't Cheap
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Anonymous Lawyer
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Convergence to the Max
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Barry Ostrager of Simpson Thacher: Bad at Deadlines, Bathroom Etiquette
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YouTube: A Lawyer's Secret Weapon
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Corporate World Still Hesitant About Law Firm Billing Alternatives
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LeBoeuf gets stuck in
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Woman Sues Texas Judge for Luring Her To Chambers
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ACC CLO Survey: The Law Firm Reality
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Order in the Court? Not Among Michigan's Justices
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Pepper Hamilton Caught Up in "Ponzi-Scheme" Lawsuits
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Suit alleges big law firm let Ponzi scheme unfold
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Super Lawyers/Best Lawyers Buoyed by N.Y. Advertising Rule
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Lawyer of the Day: New Orleans' Jim Garner
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Corporate Reform:

Cendant boss gets 3.2B fine
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Dick Grasso's $100 Million Dollar Legal Bill
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Plea deal offered in H-P spying case
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Accountant says HomeGold profit came from unacceptable write-off
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Accountant testifies about company's woes
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Backdating: Spotlight on Monster and Broadcom
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Aviation:

Delta to discuss US Airways' bid
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US Airways Is The Ticket
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Delta pilots seek seat at D.C. merger hearing
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Pinnacle Airlines buys another regional airline for $20M
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Mainers keep eye on airline negotiations
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Continental soars on profitable wings
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Continental's employees to share in profit of $343 million
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Lawmakers oppose airline merger
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Mexicana airline gets more concessions from ground workers
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Economy:

Bernanke Warns of Possible `Crisis' From Budget Gap
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The Economy's Quickening Pace
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Inflation Has Best Showing in 3 Years
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US economy expanding at 'modest' pace, Fed report
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Real Estate:

Tilting at Mills - With three giants fighting for control, the Mills saga may not yet be over
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Housing Prices Expected to Fall
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Sales of New and Existing Homes Will Continue Their Slide in 2007
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ARMs Put Some "Over The Edge" in Arkansas
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Mortgage Rates Continue to Climb
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Subprime Mortgage Delinquencies Rise at WaMu
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Credit Cards:

Democrats Eye "Unfair" Credit Card Practices
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Banks expand warnings on TJX
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Tax:

Drawing Lines In The Sand Between More Transparency In Reporting And Privileged Tax Advice
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Health Care:

Management incompetent at Doctors
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Change may cut 400 jobs in PBI takeover
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JPS in the black, but trouble could be brewing
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Costs May Drop For Uninsured
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Mass Torts:

Ohio Judge Finds Calif. Firm Submitted Fraudulent Asbestos Claim Forms
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Ohio court finds fraud in asbestos case
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Credit Reporting:

Credit Checks and Civil Rights
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Publishing:

Court Names Creditors' Committee For AMS Bankruptcy
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Countryside Power Income Fund Confirms Cash Distribution for December 2006
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Court gives Global Home Products an extension
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New Bankruptcy Opinions
(2 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)
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Bankruptcy futures
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Pensions:

Baby Boom Gloom From Bernanke
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Layoffs:

Time Inc. cuts 289 magazine positions
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Maritime:

Ft. Lauderdale Shipyard land goes up for auction
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Utilities:

Entergy sees 4th-qtr profit above estimates
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Student Debt:

U.S. House passes bill to cut student loan rates
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Costs keep many from No. 1 college choice
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Color of Money Challenge - In debt? Cut back phone extras, put PlayStation on hold
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Capital One Boosts Charge-offs in Credit Cards, Auto Loans
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Supreme Court Considers Post Petition Attorney Fees
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UK:

Investigation stops debt recovery cheats
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The debate continues over bankruptcy
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Honeycombe Leisure in crucial talks with bankers
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Increasing numbers deeper in debt
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Majority of Consumers in Favour of Tighter Regulation of Debt & Credit Industries
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Russia:

Yukos assets valued at US$20 billion ahead of bankruptcy
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Moscow court sanctions arrest of ex-head of Yukos subsidiary
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Montenegro:

Coming out of bankruptcy with 6 millions on their account
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Hong Kong:

Bankruptcy petitions up 7.6%
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Japan:

Japanese bankruptcies rise in 2006
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Czech Republic:

CSSD faces threat of bankruptcy proceedings
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Italy:

Capitalia Holder Mulling Legal Action Vs Core Holder Members
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Canada:

GCO Files its Default Status Report
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925 Norbourg investors will get cash
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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