June 14, 2007

Daily Bankruptcy News

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Airlines:

United exec says airline still looking for merger partner
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Delta CEO contenders could form dynamic team
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Stash of cash up at Delta
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Credit card limits for Delta lifted
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Prosecutor lodges appeal in Swissair case
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Pivotal vote coming in AirTran's takeover battle
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Law:

Don't Show Me the Money!
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Ten Tips to Harden the Law Firm Against Competition
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Former Client Sues Jenkens Over Reverse-Merger Work
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Harriet, you've got mail
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Clerkship Bonuses: Fried Frank Joins the $50K Club
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Pay Raise Watch: Miami
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Judge Who Sued Dry Cleaners for Millions Cries in Court - "Never before in recorded history have a group of defendants engaged in such misleading and unfair business practices"
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Judge of the Day: Lord Justice Richards
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Once Marketing-Shy, Law Firms Get With the Program
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DLA Piper Takes Over in Qualcomm Mess
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Big Law Losing Women Lawyers to Other Jobs
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Survey Shows Diversity Lacking at Pa. Plaintiffs Firms
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A Lawyer Does Time
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Fentress Bracewell (1921-2007)
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Seven Perspectives on Law Firms' Going Public
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Clifford Chance and Freshfields advise banks on Parmalat litigation
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Say What?!
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Retailing:

Rag Shops chain closing
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My Tweeter Done Died
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Real Estate:

Mission Federal Says It Resolves Subprime Problem
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Judge OKs Kara-bank agreement
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Lower Home-Price Appreciation Fuels Subprime Delinquencies
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New Century terminates co-founder Morrice
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Judge denies Evergreen creditor's request
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Do Georgia's Small Builders Signal a Dangerous Trend?
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Is Bear Stearns Cutting Its Losses?
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Bear, Goldman Earnings Suffer
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Lehman to merge residential mortgage units, cut 400 jobs
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Bear Stearns to Sell Mortgage Assets in Hedge Fund
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Builder in EHT, Millville files for bankruptcy protection
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Autos:

Delphi-UAW pact near: Payouts for lower wages
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Delphi, GM near deal with UAW
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Highland exploring role of lead investor in Delphi
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Pardus Joins Appaloosa In Delphi Investment Plan
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Detroit carmakers to seek big union concessions
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Corporate Governance:

Gheewalla - What's at Stake?
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Corporate Reform:

Canadian authorities unlikely to pursue Black
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AIG Sues Greenberg, Smith for Over $1 Billion
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Sports:

Donald Trump seeks to buy bankrupt Fresno golf complex
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Religion:

Judge: Spokane Catholic bankruptcy documents to remain secret
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Portland archbishop apologizes to victims of sex abuse
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Punitive damages allowed against L.A. Archdiocese
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Enron:

The President Shafts Enron's Victims
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Corporate Reform:

What's happening with plaintiffs' backdating cases
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Economy:

Fed survey paints a rosier economic picture
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US Consumer Answers Wall Street SOS Call
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It's Official: The Crash of the US Economy has begun
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Trucking:

Bankruptcy court finalizes sale of Dorsey Trailers
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Mass Torts:

The cost of cancer
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Student Debt:

House panel slashes student lender subsidies
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House Panel OKs More Help For Those Strapped With College Costs
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Hedge Funds:

Turnaround Pros See Change Posed by Hedge Funds
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Hedge fund manager pleads guilty to fraud
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Tax:

IRS Plans to Revive Its Random-Audit Program
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Do's and Don'ts for Investors in Global Distressed Asset Markets
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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), (12)
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Online Claims Trading
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Fitness:

Athletic association all spent out
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Food/Drink:

Sales agreement gives new hope for brewery
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Attorney's seized computers are returned, unchecked
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Bank tries to spur LeNature's action
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Utilities:

Evergreen fund sees no letup yet in utility slump
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Health Care:

Did Hospital Debt Sale Spark New Debt Collection Laws?
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Accounting:

Europe demands audit liability reform - Overwhelmingly in favor of limited liability
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Law firm tax partner lasts just six months at Deloitte
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Banking:

No banks censured in Fed fair-lending review
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Sports:

Trump ups offer to $25 million for bankrupt golf course
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Celebrity:

Stylist to the stars shut down by bankruptcy trustee
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Credit Cards:

Survivors struggle to pay for loved ones' accounts
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Port Of Miami Has Plan To Avoid Bankruptcy
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UK:

Committal: The last weapon
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Call for fraud squad to probe Leeds deal
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Italy:

Parmalat Haunts Finance Firms
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France:

French Court Postpones Decision On GAL Liquidation To June 27
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