July 11, 2007

Daily Bankruptcy News

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Law:

Not-So-Fast-Money: Wannabes Better Not Count on $160,000
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It's Hard Out Here for Non-Top-Tier Law School Graduates
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Are Big Firms Warming Up to Alternative Fee Deals?
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Former L.A. Doctor Pleads Guilty in Milberg Kickback Scheme
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Report: Lerach To Step Down In 60 Days
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Into the memory hole
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Only Mel Weiss can save Milberg Weiss now
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Bershad Statement: Trial Lawyers' Doom?
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NY Name Partner Pleads Guilty in Kickbacks Scheme, Forfeits $7.75 Million
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D.C. Bar Counsel Calls for Suspension of Lerach Coughlin Partner
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How to Do the Lateral Waltz
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Porter & Hedges stages Harry Potter preview
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Judge Approves Bar/Bri Settlement, But With a Catch
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GC Guides Business Through Bankruptcy, IPO and Everything in Between
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Say What?!
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Outsourcing leads to law firm layoffs
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81 per cent of top UK firms have no black partners
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More Than You Ever Cared To Know About Legal Aid Lawyers and Their Attire
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Windy City Shops Wanna Windup on Their Own
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Mass. Panel Files Ethics Charges Against Judge Who Won $2M Libel Award
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Consumer Class Actions Usurping Personal Injury Claims
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The Best And Worst States To Get Sued In
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Juror Arrested After Listening to Music Under Hijab
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Jury Duty Excuses Could Bring Charges
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Fitness:

Bally's Continues High-Impact Regimen of Bankruptcy Exercises
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Health Care:

Legal wrangling as Inyx units are deemed insolvent
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Job-based insurance shrinking
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Most of Pleasant Care nursing homes sell at auction
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Hospital Officials Sue County for Funding
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Legal trouble stymies plans
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InSight Health Services Holdings Corp.'s Prepackaged Plan of Reorganization Confirmed by Bankruptcy Court
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Entertainment:

Bankers say they took calculated risk on amusement park
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Theme park's bankruptcy hurts many
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Acrobats on edge as theme park falls
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Celebrity:

Pearlman is back, back, back in Orlando
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Did the Creator of the Backstreet Boys Take a St. Paul Bank for $28 mil?
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Pensions:

US banks lead swing to LDI pension strategies
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Mass Torts:

Firm Ordered To Disgorge $9M May Have Money To Spare
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No Grace Period for Chap. 11 Case
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Autos:

Appaloosa, Delphi in talks on restructuring deal
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Delphi bankruptcy bill: $200M
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Delphi wants to pay off Spanish workers
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GM, Ford Confuse Investors With The Turnaround Dance
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Ascend United Offers Credit Unions a Trustworthy Alternative when Selling Centrix Charge-Off Debt
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Real Estate:

US housing slowdown weighs on retailers
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New Orleans Homeowners Worry About Taxes
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Unique way to prevent foreclosure
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Ch. 11 Trustee Authorized for MILA
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D.R. Horton sees first quarterly loss in decade
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National Century execs face revised indictment
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Mortgage woes may roil market
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S&P May Cut $12 Billion of Subprime Mortgage Bonds
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S&P, Moody's Signal Growing Subprime Mortgage Woes
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GE, WaMu, Fremont, New Century Mortgages Cut By Moody's
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Home Loan Woes Deepen
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Subprime's Black Tuesday?
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Roof Caves In
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Subprime Losses Drub Debt Securities as Credit Ratings Decline
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Paulson Hedge Fund Gained 40% in June as Bear Sank
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Bear Stearns' Collateral Damage
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CDOs could be Wall Street's next bogeyman
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Florida pre-foreclosures spike for first half of '07
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SEC Investigating Securitization of Subprime Loans
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26 charged in $200m subprime case
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Colorado tops in U.S. foreclosures first half of '07
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Del. sees record number of foreclosures
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Builders face 'tidal wave of trouble'
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Lajitas developer says bankruptcy not a problem
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Economy:

Bernanke Says Expectations Still Remain `Imperfectly Anchored'
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US mortgage fears spark sell-off
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Corporate Reform:

Jury in Conrad Black trial can't reach verdict
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Cryptic note from jurors in Black trial
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Conrad left in a lurch
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Black jury goes back to work
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Verdict imminent, says Black's defense lawyer
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Conrad Black Trial Puts Unwelcome Spotlight on Corporate Governance Expert
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Judge holds Williams defendants guiltless
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Congress eyes private equity, hedge fund titans
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Is Brocade Backdating Trial Unraveling?
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Aviation:

US airlines may face huge plane bill
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Adelphia bankruptcy drags
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Moody's Bankruptcy Bond Index Flat
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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), (12)
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Subprime Meltdown: Bankruptcy Attorneys Say Let it Rain
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Food/Drink:

Fighting for life, BIOTA fires back against lender
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Broker hired to find buyer for brewery
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Education:

Accounting error forced Antioch's hand
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Student Debt:

White House threatens House student loan bill veto
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Predatory Lending:

Payday lenders may run out of cache in D.C.
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Enron:

House that Enron built is seized
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Senior Debt:

Financial problems overwhelm more senior citizens
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Credit Cards:

Consumers are again leaning more on credit cards
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Blended Credit Cards
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Debtor Nation - The rising risks of the American Dream, on a borrowed dime
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Debt threatens to swamp our nation
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European Bonds Advance for Third Day on U.S. Subprime Concerns
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EU and Consumer Protection in the Credit Market
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UK:

UK sub-prime mortgages 'booming'
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Crisis as mortgages approach crash rates
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Young homebuyers in crisis
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Thief who stole thousands from BAT faces bankruptcy
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Bidders wait for United decision
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It's chaos as Leeds sale fails
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Talks continue to decide on new owners of Leeds
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Kwik Save employees must know their rights, says leading trade association
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Insolvency practitioners going into schools to stem debt tide
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Japan:

Japanese Corporate Bankruptcies Register Annual Increase In June
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Canada:

Gutted Saltspring retreat had financial woes
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Russia:

Russian court hands victory to PricewaterhouseCoopers
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