July 6, 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

Mass Torts:

Travelers Settles Asbestos Suit
(DBN Subscription Required)

Asbestos victim joins call for ban on the fiber that's killing her
(DBN Subscription Required)

______________

Law:

N.Y. Court Revives Ex-Partner's Claims Against Winston & Strawn
(DBN Subscription Required)

De-Equitization: A Buzzword Sweeping Big Law Nation
(DBN Subscription Required)

Pay Raise Watch: Dickstein Shapiro
(DBN Subscription Required)

Supreme Court Clerk Bonuses to $250K?
(DBN Subscription Required)

Federal Judge Curtly Ends Lawyer Tiff
(DBN Subscription Required)

Firm May Face Sanctions for Inquiry About Adversary's Finances
(DBN Subscription Required)

Andrews Kurth's Mark Solomon to Head Dallas Office
(DBN Subscription Required)

Techie Gen Y Lawyers: 'Not the Borg'
(DBN Subscription Required)

Citing 'Good Faith,' Orrick Issues Refund
(DBN Subscription Required)

Do Lawyers Need a New Dress Code?
(DBN Subscription Required)

If It's In the ABA Journal, It Must Be True
(DBN Subscription Required)

Juries & Fashion Statements
(DBN Subscription Required)

Lawyer's bright idea uses shared smoking habit to net clients
(DBN Subscription Required)

Say What?!
(DBN Subscription Required)

London Law Firms Dominate World Market
(DBN Subscription Required)

Bankruptcy lawyer faces new p--- charges
(DBN Subscription Required)

The Great American Pants Suit: The Appeal
(DBN Subscription Required)

The missing pants and the judge that pined over them
(DBN Subscription Required)

Just When You Thought It Was Safe To Go Back to the Cleaners
(DBN Subscription Required)

Virtual Legal Advisor
(DBN Subscription Required)

Flying Solo!
(DBN Subscription Required)

State AGs and Contingency Lawyers: Acceptable Bedfellows?
(DBN Subscription Required)

JAG Lawyer Wants Army to Leave Him Alone
(DBN Subscription Required)

Major El Paso law firm breaks up
(DBN Subscription Required)

Parents: Do You Want Your Babies to Grow Up to Be Lawyers?
(DBN Subscription Required)

Law Firm Leaders Should Steer Boat, not Row
(DBN Subscription Required)

______________

Telecoms:

Alert Cellular Files for Bankruptcy
(DBN Subscription Required)

______________

Agriculture:

Drought takes toll on Southern farmers
(DBN Subscription Required)

______________

Golf:

Trump's Fresno golf course deal falls to pieces
(DBN Subscription Required)

Running Horse may end up in foreclosure auction
(DBN Subscription Required)

______________

Retailing:

Ronco's CEO fight is a whopper
(DBN Subscription Required)

______________

Publishing:

For Goldmans, question now is if it's published
(DBN Subscription Required)

______________

Credit Counseling:

Here's How 'Credit Counseling' Became A National Disgrace
(DBN Subscription Required)

______________

Celebrity:

Criminal Complaint Filed In Germany Against Lou Pearlman
(DBN Subscription Required)

Wayne Fontana sacks case legal team
(DBN Subscription Required)

______________

Ronco Bankruptcy Exposes Rifts
(DBN Subscription Required)

Credit crisis to worsen as banks cut and run
(DBN Subscription Required)

Mills Corp. to liquidate as of Aug. 1
(DBN Subscription Required)

IN bankruptcies up, again
(DBN Subscription Required)

The Impact of Pre-Bankruptcy Dynamics on Court-Supervised Restructuring.
(DBN Subscription Required)

 

Autos:

Dana closes sale of European hose, tubing operations
(DBN Subscription Required)

Dana Corp. lines up private-equity infusion; union pacts set
(DBN Subscription Required)

Collins & Aikman can extend deals with GM, Daimler, court says
(DBN Subscription Required)

'Jobs banks' bankrupt
(DBN Subscription Required)

Big Three's magic pill: Union-run fund may cure health care headache
(DBN Subscription Required)

UAW's King Says Union, Ford Can't Afford Strike, Person Says
(DBN Subscription Required)

Local jobs in jeopardy, president of Delphi says
(DBN Subscription Required)

Bankrupt parts maker can extend supply deal
(DBN Subscription Required)

Dura to sell Elkhart-based RV parts unit
(DBN Subscription Required)

______________

Economy:

Jobless claims rise but labor market remains sturdy
(DBN Subscription Required)

Majorities say U.S. income gap too wide
(DBN Subscription Required)

Most U.S. Stocks Decline as Bond Yields Rise; Bank Shares Drop
(DBN Subscription Required)

U.S. employment posted a solid rise of 132,000 jobs last month
(WSJ: separate paid subscription required)

Stocks are poised to fall after the key June payrolls raised inflation worries
(WSJ: separate paid subscription required)

______________

Real Estate:

SEC raises New Century probe to formal status
(DBN Subscription Required)

Meville company to dispose of Rag Shops leases
(DBN Subscription Required)

Home Loans Rattle Buyers
(DBN Subscription Required)

Mortgage Lending's Benevolent Bureaucracy
(DBN Subscription Required)

Housing industry is in for a long struggle
(DBN Subscription Required)

Silent culprit in mortgage mess: Wall St.
(DBN Subscription Required)

Realtors' pending sales index plummets to nearly 6-year low
(DBN Subscription Required)

Buyers banking on housing slump
(DBN Subscription Required)

Many homeowners facing foreclosure now turning to short sale
(DBN Subscription Required)

New U.S. guidelines curb but don't ban risky home loans
(DBN Subscription Required)

Bond raters probed by Ohio attorney general
(DBN Subscription Required)

Foreclosures soar, casting a pall over real estate
(DBN Subscription Required)

Housing numbers may be deceiving
(DBN Subscription Required)

Hedge funds face subprime 'haircut'
(DBN Subscription Required)

Feds probing CA investment ring
(DBN Subscription Required)

______________

Mining:

Gerald Metals agrees to pay Asarco $5.5M in settlement
(DBN Subscription Required)

______________

Corporate Reform:

Black jury asks to hear more tapes
(DBN Subscription Required)

Ex-officials called liars in Peregrine fraud trial
(DBN Subscription Required)

SEC freezes Dallas firm's assets
(DBN Subscription Required)

Ex-Mutual Benefits trustee may be charged
(DBN Subscription Required)

Indicted CFO: PwC Knew We Backdated
(DBN Subscription Required)

Corporate Crime Excised From Mainstream
(DBN Subscription Required)

______________

Food/Drink:

Eminger Berries files for bankruptcy
(DBN Subscription Required)

Buyer cancels deal for brewery
(DBN Subscription Required)

Court requires BIOTA to pay up
(DBN Subscription Required)

Pittsburgh Brewing takeover delayed
(DBN Subscription Required)

______________

Municipalities:

With incinerator debt so high, distressed city status is likely
(DBN Subscription Required)

______________

8th Circuit Notes Intra-Circuit Split Re Recognition Of Derivative Standing To Pursue Avoidance Actions On Behalf Of A Bankruptcy Estate
(DBN Subscription Required)

Federal bankruptcy judge will free Birchall from Cape jail
(DBN Subscription Required)

 

New Bankruptcy Opinions
(No 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)

_____________

Health Care:

Prince George's hospital board filing suit against county
(DBN Subscription Required)

Down and out in the US
(DBN Subscription Required)

______________

Accounting:

Documents Show KPMG Secretly Met Prosecutors
(NYT: separate free registration required)

Finance-Worker Confidence Takes a Plunge
(DBN Subscription Required)

Research Finds Red Flags to Uncover Accounting Fraud
(DBN Subscription Required)

______________

Student Debt:

Schumer takes on confusing student loans
(DBN Subscription Required)

New law increases student loan limits
(DBN Subscription Required)

______________

Business is Good For the Repo Man
(DBN Subscription Required)

Hilton break-up fee: $560M
(DBN Subscription Required)

Who's Left Holding The Bag? - Toxic Tranches
(DBN Subscription Required)

European interest rates on the rise
(DBN Subscription Required)

UK:

Homeowner misery as another interest rate rise sparks repossession fears
(DBN Subscription Required)

Blair's legacy: a nation engulfed by debt
(DBN Subscription Required)

Average British family is now £55,000 in debt
(DBN Subscription Required)

U.K. Cracks Down On Subprime Lenders
(DBN Subscription Required)

Interest rates head for 6% by year's end
(DBN Subscription Required)

Second Kwik Save closure
(DBN Subscription Required)

1,100 sacked as Kwik Save collapses
(DBN Subscription Required)

Borrowers warned of more pain to follow as rates rise
(DBN Subscription Required)

______________

Australia:

Rivkin's family cuts deal on Offset debts
(DBN Subscription Required)

Farnham, Newton support fraudster Wheatley
(DBN Subscription Required)

Judge urged to jail Wheatley
(DBN Subscription Required)

______________

Canada:

Personal bankruptcies rise in Ontario, Quebec
(DBN Subscription Required)

Lock in or corral loans into one debt
(DBN Subscription Required)

One error, and BCE's debt could drag it down
(DBN Subscription Required)

Former CEO Pratt writing book about Stelco bankruptcy journey
(DBN Subscription Required)

The Cost of Debtor-Friendly Bankruptcy Reform in Canada
(DBN Subscription Required)

______________

Russia:

Russian bank sues ratings agency over comments
(DBN Subscription Required)

Russian budget to get Yukos cash boost
(DBN Subscription Required)

YUKOS's creditor committee has formed lot N 18
(DBN Subscription Required)

Loan Securities and Bank Debt Restructuring of Small to Medium-Sized Distressed Firms
(DBN Subscription Required)

______________

Germany:

Bank seeks to turn tables on Kirch
(DBN Subscription Required)

______________

Italy:

Milan magistrate orders Bank of America to be tried over Parmalat
(DBN Subscription Required)

Bank of America to Stand Trial in Parmalat Bankruptcy Case
(DBN Subscription Required)

______________

Belgium:

Judicial Discretion in Court-Supervised Reorganization: Empirical Evidence from Belgium
(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