January 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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Autos:

Delphi asks bankruptcy judge to quash subpoenas requiring 2 directors to appear in court
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GM CEO Hopes To Avoid UAW Strikes; Flexible On Jobs Bank
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GM Faces Juggling Act
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GM still targeting health care costs
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Toyota, Honda Plan to Add to Record U.S. Market Share
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Mulally: Ford's Most Important New Model
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GM: Health care key to UAW talks
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Ford's top leadership shake-up continues
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Law:

Five Law Firms Score Places on Fortune Magazine's 'Best Companies' List
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Poyner & Spruill Names New Bankruptcy Partners
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Bingham boosts New York with restructuring hire
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Karol Denniston Takes Charge of West Coast Restructuring Practice at DLA Piper
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Weil Gotshal hires M&A partner from rival
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Say What?!
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Law Firm View of the Economic Outlook for 2007
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Global Expansion Was Easy, Reforms May Be Tough
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Justices continue trend of hearing fewer cases
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On Diversity, It's Shape Up, or Ship Out
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Bingham hires Willkie restructuring ace
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Firms Balance PAC Bucks Between GOP and Dems
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Anonymous Lawyer
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Lawyer claims his Web site was copied by another firm
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Women and Men Rainmakers in Law Firms
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Legal work heads overseas
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3 Shot, Wounded at SoCal Law Firm
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Manhattan office rents skyrocket
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Katrina insurance trial begins
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Your Firm's 21st Century Chief Marketing Officer
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Fred Fielding's 2006 Windfall
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Motorola Faces Sanctions for Violating Court Orders During Trade Secrets Trial
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Few Speculate on Cozen O'Connor, Wolf Block Talks
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Judicial Salaries at Top of Court Administrator's Agenda
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Health Care:

OCA Files New Ch. 11 Plan
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Predatory Lending:

Payday Lending Law Faces Test Before Georgia Supreme Court
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Car title loans next on agenda
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Payday loan company fined
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Real Estate:

Foreclosures increase 51 percent nationwide
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'Buyer's Remorse,' slump in Naples market making headlines across the nation
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Arizona avoids Southwest's big foreclosure jump
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CO unveils mortgage fraud legislation
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FBI targets mortgage fraud scammers in Houston
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Kara Homes to sell two projects in region
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Dwek asks to dip into assets to pay tuition
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Most don't know what they owe
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Waiver Enforceability in Intercreditor Agreements
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Paying the Piper -- The SBA loan program flounders
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Aviation:

US Air says Morgan Stanley to help finance Delta bid
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Delta Remains Wary of Merger
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2 shareholders rip Mesaba price
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Mesaba parent fights creditors' sale tactics
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NWA close to filing exit plan
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Northwest traffic up in December
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Unions Say BA Statement Won't Fly
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Soaring Airline Stocks Promise a Risky Ride
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Republic May Be Close To Deal With Delta
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Aloha takes fight to federal court
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Takeover of Delta opposed
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Comair negotiations with pilots to continue
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Retailing:

Sports Authority acquires more Copeland stores
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Gap Hires Goldman For Possible Sale
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Americans lose billions on unredeemed gift cards
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Economy:

Fed's Kohn Says `Too Early to Relax' on Inflation
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Teamsters Oppose Pairing Tax Breaks With US Min Wage Hike
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The next big threat to your job
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Utilities:

Critics label rate freeze vote a 'hoax' on consumers
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ComEd warns of fight in rate freeze
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Magnolia Seeks Ch. 11 Filing Extension
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Judge says AARP can enter Entergy case
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ComEd and Emil Jones trump the public will
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Entertainment:

Whitney Houston's Belongings To Be Auctioned Next Week
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Credit Cards:

Consumer Borrowing Rebounds Sharply
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Beware of nasty surprises in tempting credit-card solicitations
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Hidden Fees Bring Big Profits to Credit Card Companies
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New documentary fires a shot at credit card culture
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Layoffs:

Boston Scientific to cut up to 600 jobs
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Sprint to cut 5000 jobs in 1Q
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Hedge Funds:

Hedge Fund's 'Poseidon' Misadventure Drops Curtain on Dealmaker
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Hedge Fund Borrowing, Margins Examined By SEC, Fed, European Authorities
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Insurance:

Failing at Failures
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Tax:

Tax-shy lawyer off to slammer
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Mass Torts:

A Death by Mesothelioma
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Public Citizen Releases List of 12 "Astroturf" Groups That Spent Millions on Stealth Lobbying Campaigns in Recent Years
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Enron:

Free Skilling?
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Equity-Bondholder Spat May Auger More M&A Disputes
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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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The Great American Bankruptcy Novel, Maybe
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Corporate Reform:

Home Depot Changes Process on CEO Pay
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Opposing view: Pay is company's prerogative
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Is CEO Pay Really Out of Whack?
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Wife Of Former CyberNET's CEO Charged In Federal Court
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SEC-Peregrine probe figure given 6-month sentence
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Scrushy, UBS, E&Y Resisting Big Settlement
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Shutterfly chairman quits, attacks Sarbanes-Oxley
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Eliot Spitzer's Rise To Gov. May Mark End Of Wall St. Era
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Aspen Technology Ex-CEO charged
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Delaware Judge Holds Directors Personally Liable
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Players in Bayou Group case to learn fates next week
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Sports:

Keep ex-Freedom owner in prison
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Accounting:

Angeion must restate earnings
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Finance Salaries: Up, Up, Up
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Credit Quality Dips; Slowdown Ahead?
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Parmalat lower amid reported stall in US settlement talks
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UK:

UK consumers think bankruptcy laws are 'too easy'
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Clampdown on debtors
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U.K. December Retail Sales Growth Picks Up, Industry Group Says
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Tribunal panel grills AIDB in judgment
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Setback for regulator as PwC cleared
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Hextalls raids DMH for insolvency star
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Top 10 Tips That May Indicate a Failing Business
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PwC in the clear over Mayflower
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Figures show that debt has soared out of control
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Norton Rose, BLG hoping to box clever in Moore Stephens case
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Mortgage lenders 'give bad advice'
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Algeria:

Trial Over Collapsed Algeria Bank Begins
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Canada:

Private equity's perfect storm brewing in
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City backing laid-off workers
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Korea:

Corruption Investigation Expands to Regulators
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Maturing Housing Loans Brew Greater Risks
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Italy:

Parmalat to Sell Parma Soccer Team, Wants at Least EU4 Million
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Germany:

Second investor groups to bid on BenQ Mobile
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Australia:

Money troubles on the increase
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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