June 18, 2007

Daily Bankruptcy News

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Aviation:

Northwest pilots vote 'no confidence' in airline's execs
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US airlines face 'unknowns' that threaten fragile profitability
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United passengers air their bitter grievances
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Law:

Leading NY Firm Talking Merger
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Pay Raises: NYC to $190K?
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The Supreme Court's Bonus Babies
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Weepy Judge Busted for Weed Quits
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Conflict Looms Over Executive Privilege
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Federal Judge Rejects Bid to Remove Milberg From IPO Litigation
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Say What?!
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Am Law 200 Lawyers Reflect on Life in the War Zone
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Appeal on Time, or Don't Appeal at All, U.S. Supreme Court Advises
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Judge Recommends Feds Prosecute Scruggs for Contempt
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Aging Baby Boomers and Pending Litigation Cause Some Firms To Rethink Retirement Policies
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It's All About? Culture
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"Boneheaded" Lawyer Falls On His Sword for Angelina Jolie
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Judge Walton Has Tough Words for Libby & Law Professors
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Disbarred Duke Prosecutor's Future Dim
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Real Estate:

Bad Loans Pit Vranos Against Cayne as Hedge Funds Outbid Street
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30-year mortgage rates highest since July
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Moody's move to slash ratings on 131 bonds backed by pools of speculative subprime loans could weigh on the already fragile subprime bond market
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Buyers Back Out As Mortgage Rates Spike
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Market for luxury homes rolls on despite downturn
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Overheated housing markets cool
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At-risk loans rising in Maryland
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Foreclosures tied to unscrupulous mortgage deals
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Facing huge debts, investors ponder next steps
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Desperate measures for the mortgage business
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Bad real estate deals come between 'friends'
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Rates' rise a buzz kill
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Retailing:

Merchandiser Ronco files for bankruptcy
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Tweeter Seeks Bankruptcy Court Approval To Auction Off Business
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Tweeter learns the high costs of bankruptcy
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Mass Torts:

Federal-Mogul to seek court OK
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Icahn a big player as Federal-Mogul nears end of six-year bankruptcy
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Autos:

Remy to File for Bankruptcy
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UAW digs in early: Flint East, retirees protected
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Ford had talks over Jaguar, Land Rover sale
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Judge delays vote on Lear takeover
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Washington smells automotive blood
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Automakers' past success hurts today
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What Would a Successful Negotiation With the UAW Look Like?
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Delphi/Union Working on New Wage System
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Delphi to sell Mexican brake plant to Bosch
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Judge blocks bank's seizure of car dealer's inventory
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Dana, unions report progress in discussions
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Economy:

May consumer prices rise but core prices tame
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Economy will be hit when takeover boom goes bust
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Economy On The Recovery Path
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Food/Drink:

Biota bankruptcy left in limbo
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Krispy Kreme still looking for turnaround
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Hedge Funds:

Tax shock for private equity funds
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Tax Plan Adds To the Pressures On Buyout Firms
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Enron:

Last of 15 Enron execs to be punished
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Recreation:

Hidden Valley Ski Resort in bankruptcy, headed for auction
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Vacation empire back on track
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Utilities:

Emerging from bankruptcy, Calpine elevates strategist
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Controversial federal bailout lifts Entergy out of bankruptcy
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Insurance:

Settlement of D and O Claims With Policy Proceeds Not Stayed by Corporate Bankruptcy
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Celebrity:

OJ's 'confession' cash given to victim's family
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FBI: Boy-Band Mogul Allegedly Used Fake Accountants for Loans
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Pearlman refuses to reveal finances in court
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Gambling:

Trump dismisses chief exec at crunch time for casino talks
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Bankruptcy filing rising again in AZ
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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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Online Claims Trading
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Bankruptcy Week Ahead
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The Coming Credit Meltdown
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Student Debt:

A 'Systemic' Scandal
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Report Details Deals in Student Loan Industry
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Proposed Federal Legislation Would Make Private Student Loans Dischargeable in Bankruptcy
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Health Care:

Warren: No Help for Matthew
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DOBI Medical International Files for Bankruptcy
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Corporate Reform:

11th Circuit to Decide if Lawyer Can Sue Stock Market Over WorldCom Losses
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Brocade stock backdating case could have wide impact
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Fitness:

Activist gets boxed out at Bally
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Accounting:

BDO Is Found Guilty of Negligence
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Audit groups back liability cap move
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Debt Collection:

Some tips on handling the worst aspects of ... The debt collector
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Private Equity Squeezes the Shorts
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UK:

Beverly Flynn bankruptcy case due before court today
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Bailiffs made this man want to 'end it all'
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Questions raised over FirstGroup's 'aggressive' number-crunching
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Australia:

Credit fees hitting home
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China:

China Says 8 Banks Failed to Scrutinize Loans Usage
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New Zealand:

New laws to help those crippled with debt
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