January 2, 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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Search prior New Opinions: http://bkinformation.com/NewOpinions_Search.html
         

Aviation:

States scramble to scrutinize airline takeover
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Deal for Delta fraught with dangers
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Texas airlines could be reshaped by consolidation
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Airline Debt Paid Off Nicely in '06
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Air is thick with merger talks in US
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Airlines charting courses for the future -- 2006 saw at least four notable developments in the way the airlines conduct their business
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Riley Questions Mesaba/Northwest Relationship
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Law:

American Lawyer Names Fab 50
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Lawyer bills get closer scrutiny -- Some may pad time records, critics say
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Increasing a Law Firm's Effective Rate
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Cozen O'Connor and Wolf Block Schorr & Solis-Cohen are in "serious" merger talks
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Cozen O'Connor and Wolf Block in Merger Talks
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Cozen and Wolf enter talks to create 800-lawyer Philly force
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Lawyers Waste $80,000 a Year Reading E-mail
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Should You Design Your Firm's Web Site With Jurors in Mind?
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Senior Lawyers, Still Billing After All These Years
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The best -- and worst -- in legal news for 2006
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Terminating Sanction Leads to $2.8B Judgment; Entrepreneur May Have Fled
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Say What?!
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A troubled December for Milberg Weiss
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Freshfields set to stay top dog for European M&A
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Constitutional Crisis, at Least at the Roberts Household
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Chief Justice Roberts: Judge Pay is Too Low
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Encrypt or Else!
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Trust and reliability keep clients coming back, says survey
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Technology has dramatically altered the role of law firm support staff
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Economy:

Wage hike finding quiet acceptance
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Real Estate:

Ownit seeks bankruptcy protection
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Clouds gather over housing market
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California homebuilder confirms purchase of subdivisions from bankruptcy sale
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Housing domino effect
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How Many Foreclosures Go All The Way?
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Tighter rules on loans in TN effect
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Foreclosures, delinquent loans up in South Dakota
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Foreclosed options - Alabama defaults soaring
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Mill town faces uncertain future
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World's Oldest Paper (Which Specializes in Reporting Bankruptcies) Moves to Online Edition
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Autos:

Delphi posts $226 million loss in November
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Delphi buy nets $10000 for investor
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Goodyear workers ratify three-year contract
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Hard feelings at Goodyear after strike
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Tower sells factory
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Meridian rises from bankruptcy
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Ford boss in drive to survive
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UAW negotiators have big year ahead
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TVR firm puts itself up for sale after wages run out
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Credit Cards:

As holidays end, bills begin
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Roadmap out of the valley of the shadow of debt
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Bankruptcy Reform:

Congress must help our working class, call for reform of pension-related bankruptcy laws
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Bankruptcies off amid confusion from Vt. debtors
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Call For Input On Possible Technical Amendments To BAPCPA
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Health Care:

Kahuku Hospital remains open, hopes to file Ch. 11
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Religion:

Archdiocese needs cash
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Accounting:

Senior partners are skeptical bumper year will be repeated
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Asset Protection:

Drafting LLC/LP Agreements to Withstand Bankruptcy
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Debt Collection:

The second-oldest profession
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Mass Torts:

Impact Player of the Year: Fred Baron
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Bankruptcy Litigation Ripe for Expansion in San Diego
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Warren: Who Gets Protection?
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Harbinger Fund adds to stake in Salton
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Game-Theoretic Bankruptcy Valuation
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Living Large and Bouncing Back -- Executive Darwin Deason Accused of Using Bankrupt Dallas Company As Piggybank Lives Lavish Lifestyle
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Fate of rusting Queen Mary in the balance
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The Questionable Axiom of Butner v. United States
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The Year Of The Junk Bond
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Buyout bonanza piles on the debt -- Rising leverage cuts margin of error
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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)
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Enron:

Enron, intelligence, and the perils of too much information
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Taking the wrong side -- Federal agency should not intervene in Houston fraud trial on behalf of Enron's former advisers
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Pensions:

Pension deficit rising
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Municipalities:

San Diego: Mayor finds city's woes don't have quick fixes - Bankruptcy possibility
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Los Osos sewer saga keeps on going
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Publishing:

At the Coliseum Bookstore, Little Is Left but the Shelves
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Corporate Reform:

Stock-Fraud Suits at 10-Year Low
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Jobs Helped Pick 'Favorable' Dates
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Best of 2006: Law and Order
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Financial Literacy:

Troops get a hand with finances
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Retailing:

Wal-Mart Same-Store Sales Rise in Dec.
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Parmalat, BNL Reach Settlement On Claw-Back Actions
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UK:

Record number of UK businesses bankrupted in 2006
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Bankruptcy Still a Problem say Debt Counselors
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Sea Containers paid bosses £1m
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Little Chef chain seeks rescue in weekend talks
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UK manufacturing growth slows
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Insolvencies rocket in 2006
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'Past Times' inquiry is still ongoing
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Business failures - where are they heading in 2007?
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Germany:

Benq to Liquidate German Phone Unit as Investors Shun Division
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German court opens insolvency proceedings against BenQ
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Singapore:

Absolute Assignment of a Company's Book Debts - Is Registration Required?
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Indonesia:

Bankruptcy burger
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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