July 10, 2007

Daily Bankruptcy News

Also available on the Web (with links to the news stories) Click Here
Prior editions: Click Here
Search prior headlines: Click Here
Search prior New Opinions: Click Here

Law:

Playing Fantasy Law Firm IPO Can Be Fun
(DBN Subscription Required)

Milberg Weiss' Bershad Pleads Guilty to Conspiracy in Kickback Plan
(DBN Subscription Required)

Lawyer of the Day: David Bershad
(DBN Subscription Required)

Bershad Agreement: The Personal Cash Fund
(DBN Subscription Required)

DLA Piper gets tough on non-performers
(DBN Subscription Required)

$1M in Business Won't Get You a Place at a Law Firm
(DBN Subscription Required)

Law Firms and Corporate Clients Continue Their Dance
(DBN Subscription Required)

Firm Pay Hikes in U.S. Have Ripple Effect in London
(DBN Subscription Required)

Firms competing wildly for private-equity deals
(DBN Subscription Required)

"Innovative Law Firms" Awards
(DBN Subscription Required)

Allen & Overy forms French association for restructuring work
(DBN Subscription Required)

Follow the Mail
(DBN Subscription Required)

Reading the Bartameter (Part 1)
(DBN Subscription Required)

Reading the Bartameter (Part 2)
(DBN Subscription Required)

Bryan Cave loses bankruptcy lawyer to Houlihan's (scroll down)
(DBN Subscription Required)

Linklaters' stunning returns put Clifford Chance's crown within reach
(DBN Subscription Required)

Say What?!
(DBN Subscription Required)

The Best Judges Business Can Buy
(DBN Subscription Required)

ABA Moves to Tighten Bar Passage Standards
(DBN Subscription Required)

Conservatives Fear 4th Circuit Is Slipping Away
(DBN Subscription Required)

Stark & Stark Acquires Two Law Firms
(DBN Subscription Required)

Incentive Payments Nixed From $49 Million BAR/BRI Settlement
(DBN Subscription Required)

DOJ Veteran Lashes Out Against Current Dept, Administration
(DBN Subscription Required)

The judge who won't budge
(DBN Subscription Required)

Smith J v Addleshaws: the $1.5M job that never was
(DBN Subscription Required)

______________

Entertainment:

Wild West World files for bankruptcy
(DBN Subscription Required)

Park closing leaves questions
(DBN Subscription Required)

Amusement Park Bankruptcy Not Amusing for Park City
(DBN Subscription Required)

Investors surprised by Wild West closing
(DBN Subscription Required)

Etheredge: Wild West World has $24 million debt
(DBN Subscription Required)

Experts weigh what made park stumble
(DBN Subscription Required)

______________

Retailing:

Bankruptcy judge OKs deal between bedding companies
(DBN Subscription Required)

______________

Mass Torts:

End to WR Grace's Ch. 11 Exclusive Control Sought
(DBN Subscription Required)

______________

Corporate Reform:

US fugitive's extradition hearing delayed
(DBN Subscription Required)

Judge to rule on Brocade dismissal motion
(DBN Subscription Required)

Judge Breyer To Take Some Time with Brocade Motion
(DBN Subscription Required)

The Winds Shift in the Brocade Backdating Trial
(DBN Subscription Required)

The Conrad Black Fan Club Awaits a Verdict
(DBN Subscription Required)

______________

Celebrity:

Lou Pearlman Expected In Orlando Court This Week
(DBN Subscription Required)

______________

Bankruptcy Reform:

Let's return rewards to risk takers
(DBN Subscription Required)

______________

Banking:

Credit Problems Showing Up In Pair Of Bank Warnings
(DBN Subscription Required)

______________

Memphis: Talley Files Chapter 11 But Still Chats Up Sportsplex
(DBN Subscription Required)

Junk-bond mutual funds posted their worst monthly performance since 2005 as investors shy away from high-yield debt
(WSJ: separate paid subscription required)

 

Autos:

Delphi ends Cerberus deal; sees new plan in July
(DBN Subscription Required)

Cerberus not part of new Delphi finance deal
(DBN Subscription Required)

UAW-Delphi deal could be model for Big Three
(DBN Subscription Required)

Cerberus Upset Over Tower Auto Deal
(DBN Subscription Required)

Lear accepts sweetened Icahn bid
(DBN Subscription Required)

Icahn boosts Lear bid, but foes aren't buying
(DBN Subscription Required)

UAW chief: Equity firms work
(DBN Subscription Required)

Dana fund saves insurance
(DBN Subscription Required)

Auto dealership files bankruptcy, more complaints investigated
(DBN Subscription Required)

Creditors move to put Harley dealer into bankruptcy
(DBN Subscription Required)

Parts Maker Acquired
(NYT: separate free registration required)

Big 3, UAW tackle health care
(DBN Subscription Required)

______________

Credit Cards:

Consumer borrowing takes big jump in May
(DBN Subscription Required)

______________

Derivatives:

The world's largest derivatives platform
(DBN Subscription Required)

______________

Real Estate:

Home Depot trims 2007 outlook
(DBN Subscription Required)

Goldman Sees Buying Opportunity In Rivals Home Depot, Lowe's
(DBN Subscription Required)

NY State Senate Democrats Hold Hearing on Subprime Homes
(DBN Subscription Required)

Owning a home is a dream gone bad for many
(DBN Subscription Required)

Mortgage resets: Record bill coming due
(DBN Subscription Required)

When markets turn murky
(DBN Subscription Required)

Home sales to drop to 6-year low in 2007
(DBN Subscription Required)

Parties Other Than Landlords Have Standing to Prevent Assignment of a Tenant's Lease in Bankruptcy
(Martindale: separate free registration required)

A strategy to profit from the Bear mess
(DBN Subscription Required)

More questions about exposure to U.S. lending woes
(DBN Subscription Required)

Foreclosure czar proposed
(DBN Subscription Required)

U.S. Treasury notes rise on worries about subprime mortgage losses
(DBN Subscription Required)

Losses seen at $52 billion for investors in bonds backed by subprime mortgages.
(DBN Subscription Required)

Lenders facing $500bn losses
(DBN Subscription Required)

States Push Ahead With Subprime-Mortgage Laws as Congress Lags
(DBN Subscription Required)

Housing May Not Snap Out Of Slump Soon
(DBN Subscription Required)

Orange County: Subprime lending stupidity capital of the U.S.
(DBN Subscription Required)

______________

Bankruptcy Statistics:

Consumer Bankruptcies Jump in June
(DBN Subscription Required)

Bankruptcy filings up, credit card delinquencies down
(DBN Subscription Required)

Phoenix bankruptcy filings continue upward trend
(DBN Subscription Required)

______________

Textiles:

Quaker troubles shake industry
(DBN Subscription Required)

______________

Hedge Funds:

Coventry could bid for bankrupt funds
(DBN Subscription Required)

Hedger Berger Nabbed
(DBN Subscription Required)

Hedge fund files proxy in looming board battle with H&R Block
(DBN Subscription Required)

______________

Horse Racing:

NYRA focusing on the present season
(DBN Subscription Required)

______________

Timber:

Palco severance, bonus hearings postponed
(DBN Subscription Required)

______________

Bank buys rights to Baltimore tall ship, plans to sell it
(DBN Subscription Required)

When Bad Things Happen to Good Businesses
(DBN Subscription Required)

Millennium Park contractor in bankruptcy
(DBN Subscription Required)

 

New Bankruptcy Opinions
(3 new opinions today) 

Bankruptcy Court Web/Pacer Site Directory

Chapter 7, 12 & 13 Private Trustee Locator
(DBN Subscription Required)

Recent Ch. 11 Filings
(DBN Subscription Required)

Bankruptcy Jobs:

(1), (2), (3), (4), (5), (6), (7), (8), (9), (10), (11), (12)
(DBN Subscription Required)

_____________

Judge Faults 'Boilerplate' Notification of Possible End to Bankruptcy Case
(DBN Subscription Required)

Health Care:

Judge OKs sale of medical center to Montefiore
(DBN Subscription Required)

______________

Food/Drink:

Nutraceutical Seeks to End Probe
(DBN Subscription Required)

______________

Asset Protection:

Tennessee Enacts Law Allowing Asset Protection Trusts as of July 1, 2007
(Martindale: separate free registration required)

______________

Insurance:

William Poe Reflects On Collapse Of Tampa-Based Insurance Firm
(DBN Subscription Required)

______________

Student Debt:

College-loan warnings sent
(DBN Subscription Required)

______________

Bankruptcy Crimes:

Contractor in Rowland scandal pleads guilty in bankruptcy case
(DBN Subscription Required)

______________

Predatory Lending:

60 Oregon payday lenders close shop
(DBN Subscription Required)

______________

Committees:

Revisiting Insider Trading in the Debt Markets: Lessons For Debt Investors and Members of Committees in Bankruptcy Cases
(Martindale: separate free registration required)

______________

Economy:

U.S. Growth, Easing Inflation to Follow Fed `Script'
(DBN Subscription Required)

U.S. Labor Market Blooms
(DBN Subscription Required)

______________

Why some companies just can't be killed.
(DBN Subscription Required)

Consumer Bankruptcy and Consumer Credit in Europe: An Introduction.
(DBN Subscription Required)

UK:

Troubled Leeds Put Up For Sale
(DBN Subscription Required)

'Superbid' threat to Bates
(DBN Subscription Required)

Leeds: High Noon Decision
(DBN Subscription Required)

Leeds left in limbo as decision delayed
(DBN Subscription Required)

Kwik Save Catastrophe
(DBN Subscription Required)

Number of homeowners defaulting doubles in six months
(DBN Subscription Required)

______________

Russia:

Echoes of Yukos Surround PwC Case
(DBN Subscription Required)

Rosneft Pays $3.4 Bln for HQ
(DBN Subscription Required)

Russian Intrall is about to go bankrupt
(DBN Subscription Required)

Gazprom denies plan to take over Italy's ENI
(DBN Subscription Required)

______________

Italy:

Parmalat steps up litigation drive
(DBN Subscription Required)

______________

Canada:

Bankruptcy no cure for overspending
(DBN Subscription Required)

______________

Australia:

Bankruptcy rates soar except in WA
(DBN Subscription Required)

______________

France:

Transmontagne goes bust
(DBN Subscription Required)

______________

Czech Republic:

Court rejects lawyer's proposal to declare Czech CSSD bankrupt
(DBN Subscription Required)

______________

 

Please note that the Daily Bankruptcy News is primarily a news link gathering service.   This means that most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not the Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subscription fee for access to certain links is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use.If you received the Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here, or by going to BKINFORMATION.COM and clicking on the Bankruptcy News button.  Note that the Daily Bankruptcy News is distributed via "HTML email" in which the links to the news stories are embedded in the headlines.  The email you receive should look like a 3-column newspaper, with headlines for each story. If you receive the Daily Bankruptcy News by email and the copy you receive is not formatted like a 3-column newspaper, or does not seem to contain links to the news stories, you may have an email client that is not capable of receiving HTML email, or is not configured to display such email.  You can however, receive a daily email notifying you when the Daily Bankruptcy News is updated on the web site. If you would like to receive such an email, please let us know at admin@bkinformation.com.You can search the headlines from prior editions of the Daily Bankruptcy News by clicking here.

Advertising
Advertising is available in the Daily Bankruptcy News in a variety of places, formats and prices. Go to http://bkinformation.com/DBN_ADs.htm  for a list of choices.  Feel free to contact us with any questions.

Passwords
Access to certain links in the Daily Bankruptcy News is available only to readers holding a paid subscription.  These links are currently marked with a "DBN Subscription Required" notation. The cost of a subscription is $50/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links. New readers can receive a free password good for 30 days by going to http://bkinformation.com/RegistrationForm.cfm. Readers who wish to change their passwords should go to http://bkinformation.com/ChangePasswordForm.cfm. Readers who have forgotten their password should go to http://bkinformation.com/GetPassword.cfm

Adding Your Email Address To The Distribution List
If you would like to start receiving the Daily Bankruptcy News by email each day, go to http://bkinformation.com/SubscribeDBNForm.cfm  and fill in the information requested.  There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.  

Removing Your Email Address From The Distribution List
If you already receive Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear.  Note that the email must be sent from the same email address at which you are receiving the Daily Bankruptcy News. You do not need to type anything in the body of the email message.   If you do not receive an email confirming deletion of your email address from the distribution list  for the publication, contact us by clicking here for help.

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