June 20, 2007

Daily Bankruptcy News

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Aviation:

United hiring first new pilots since 2001
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Northwest scores last in survey of customers
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Law:

Law Firm Chiefs Don't Fear Expected Downturn
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As firms struggle to keep them, women lawyers find their own paths
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Do Judges Favor the Interests of the Legal Profession?
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Client drops 'Happy Meal' lawyer's firm
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Hell Hath No Fury Like Ex-Bingham McCutchen Associates
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Pay Raises: More About Jenner & Block
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Wiley Rein, Insurer Sanctioned $1.25 Million
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Pay Raise Watch: Delaware
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WFW in merger talks with Chadbourne
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Top Law Schools Raid Each Other for Top Names
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Michael Nifong: A Freakish Anomaly or Commonplace?
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Giuliani Flexes Legal Muscles
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Ex-Milberg Name Partner Continues to Battle for Dismissal of Charges Against Him
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Tricky Lawyer, Disbarred in 1992, Still Chases Fees From Former co-Counsel
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Watch What You Say at a Conference -- It Might Wind Up on YouTube
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Judge in Anna Nicole Case Resigns -- and TV May Be Next
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Lawyer Ads Move Up-Market?
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Summer Associates Can Write Their Way to Success
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How Summer Associates Can Survive the Party Circuit
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Federal Judge Rejects $49 Million BAR/BRI Settlement
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How Law Firms Can Achieve Optimal Procurement
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UK firm takes overdrawings fight with ex-partners to High Court
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Hedge Funds:

Merrill Lynch to Auction $800 Million of Bonds From Bear Fund
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Two Bear Stearns funds close to shutdown
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Subprime Street Is Feeling The Heat
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Bear Stearns May Provide $1.5 Billion In Loans To Help Rescue Hedge Fund
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Bear Stearns manager warned of collapse in February
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Merrill to Dump Bear Fund's Assets
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Two Big Funds At Bear Stearns Face Shutdown
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Golf:

Running Horse: Fifteen million dollars worth of defiance
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Health Care:

Warren: Matthew's Mom Responds
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Gadsden hospital closer to reopening
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Tyrone Hospital finances steady
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Benefits continue for Kessler Hospital employees
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Food/Drink:

Interstate Bakeries cuts losses
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LeNature's debt jumps to $820 million
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Naturade: Ch. 11 Loan Offer Withdrawn
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Credit Reporting:

Lawmakers say consumers need more protection on credit-report errors
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Autos:

Ford Faces Eventual Bankruptcy, Restructuring
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Regulators OK Cerberus-Chrysler deal
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Icahn Deal Scoured for Conflicts
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Workers end Ontario plants occupation after deal
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UAW Officials: Delphi, Union Near Wage And Benefits Deal
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Nissan's saviour Ghosn rejects calls to quit
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Nissan Chief: Board to Forego Bonus Pay
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Economy:

7 in 10 Americans Say Economy Is 'Getting Worse'
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Student Debt:

Some Lenders Are Setting Rates College by College
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Pricing Student Loans by College
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A Savvy Bet on Sallie's Debt?
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Subsidy cuts eyed for college lenders
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Corporate Reform:

Black trial based on envy and prejudice, says defenae lawyer
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Conrad Black: The Ostrich Instruction in the Courtroom
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'Don't send Black to jail for being rich'
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Conrad Black and the end of an era
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Black's defense says case is based on lies
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Case coming down to what Black knew
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Eddie tag team shining in Black trial
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Greenspan finally finds his footing
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Brocade Witness Surprises Defense Team
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Utilities:

Reinvented Calpine prepares to emerge from bankruptcy
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Tax:

Payroll firm has deeper problems
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Agriculture:

Ag board saves Mat Maid for now
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Filing Statiistics:

Who Went Bankrupt In 2006
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Accounting:

Memo reveals KPMG feared total US collapse
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Oil/Gas:

United Heritage Holder Files for Chap 11
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Derivatives:

Derivatives takes step towards global standards
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Insurance:

Who Gets The Benefit Of A D&O Policy's Proceeds, The Directors And Officers Or A Bankruptcy Trustee?
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Bankruptcy's Early Warning Signs
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8th Circuit Decides 'Director Emeritus' Is Not Per Se an 'Insider' Under Bankruptcy Law
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How lenders mint money from poverty
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New Bankruptcy Opinions
(No new opinions 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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Bankruptcy Clerks Fear Staff Cuts
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Finance:

Wilbur Ross offers concerns about CLOs
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Real Estate:

Home construction stalls
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South Florida home prices to drop even more in next two years
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Puig's bankruptcy may be one of many more to come
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Defaults "Nearly Triple" In Massachusetts
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Two big US hedge funds on brink of collapse as US housing market shakeout hits Wall Street
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Booming market for 'scratch-and-dent' loans
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Bankers feel sub-prime squeeze
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Couple say they lost home to fraud
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Subprime Loans Can Expand The American Dream. And They Can Devastate Neighborhoods.
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Judge allows foreclosures
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Middle-Class Foreclosures Increase
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Retailing:

Best Buy profit tumbles 18%
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Flat TV wars hurting stores
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Move 'unfortunate' but unavoidable, says Tweeter CEO
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Sharper Image Is Fading Fast, Bankruptcy Possible
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Media:

Federal Government Threatens Bankruptcy of Non-profit Radio Stations
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Toys:

Lionel requests more time to formulate reorganization plan
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Religion:

Calif. court allows release of clergy personnel files
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Publishing:

'If I Did It' leaked on the Net
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Judging a Book-Cover Maker by Insiders
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Telecoms:

Amp'd Mobile's Use of Lender's Cash OKed
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UK:

Sea Containers is test case for pension watchdog
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Hammonds and Sackers secure landmark Sea Containers decision
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Japan:

Japanese contractors help boost the number of bankruptcy claims
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Gordon Bros takes stock of Japanýs stores
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Canada:

Canadian corporate debt defaults at decade low
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