June 26, 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

Aviation:

Northwest Calls Off Hundreds of Flights
(DBN Subscription Required)

Union says pilot shortage to blame in Northwest cancellations
(DBN Subscription Required)

Union disputes NWA's reason for flight cancellations
(DBN Subscription Required)

______________

Law:

Yes, We'll Walk Your Dog: Firms Offering Associates a Benefits Bonanza
(DBN Subscription Required)

He Works in a Tall Building, But He's No Tall-Building Lawyer
(DBN Subscription Required)

For Lone Star Lawyers, Paychecks and Hours Both Soaring Up, Up, and Away
(DBN Subscription Required)

Judge rules pants lawsuit is a stretch
(DBN Subscription Required)

In Case of Missing Trousers, Aggrieved Party Loses Again
(NYT: separate free registration required)

Hey, You're That Judge I Can't Stand!
(DBN Subscription Required)

People in glass houses shouldn't wear skirts
(DBN Subscription Required)

Say What?!
(DBN Subscription Required)

Anonymous Lawyer
(DBN Subscription Required)

Cadwalader Overrun By Bed Bugs!!!
(DBN Subscription Required)

This Is Your Destiny, Law Firms
(DBN Subscription Required)

Message From LegalTech West Coast 2007: Be Litigation-Ready
(DBN Subscription Required)

Pay Raise Watch: Texas
(DBN Subscription Required)

N.Y. Judges' Associations Prepare to Sue State for Salary Hike
(DBN Subscription Required)

Cozen O'Connor Selects First Board of Directors
(DBN Subscription Required)

Law Schools Also Ranked by Blogs Now
(WSJ: separate paid subscription required)

Last of Left-Coast BigLaw Firms Raises Associate Pay
(DBN Subscription Required)

______________

Hedge Funds:

Bear Stearns May Put Up Less to Rescue Hedge Fund
(DBN Subscription Required)

Bear Stearns shares fell to their lowest level in nearly a year, on concern about the firm's hedge-fund woes and vulnerability to further subprime-market declines
(WSJ: separate paid subscription required)

Bear Stearns's `Friends' Reject Hedge Fund Rescue in LTCM Redux
(DBN Subscription Required)

Bond market about to be exposed?
(DBN Subscription Required)

Will Hedge Fund Bailout Put Bear in Play?
(DBN Subscription Required)

Bear Stearns Stumble Sends Shockwaves
(DBN Subscription Required)

Bear may have to bail out second fund
(DBN Subscription Required)

SEC Probes Bear Fund: Report
(DBN Subscription Required)

Wall Street Fears Bear Stearns Is Tip of an Iceberg
(DBN Subscription Required)

Housing Problems Start to Hit the Financial Sector
(DBN Subscription Required)

The trials of Bear Stearns
(DBN Subscription Required)

Two Bear Stearns Hedge Funds Are Close to Being Shut
(DBN Subscription Required)

Bear's Big Loss Arouses SEC Interest
(DBN Subscription Required)

______________

 

  

Autos:

Delphi Deal Is Blow to Jobs Bank
(NYT: separate free registration required)

Delphi managers share workforce pain
(DBN Subscription Required)

Delphi workers not happy about pay cuts
(DBN Subscription Required)

Workers: UAW got best deal
(DBN Subscription Required)

Gettelfinger credits GM, not Delphi, for tentative deal
(DBN Subscription Required)

A Labor-Led Lift for GM?
(DBN Subscription Required)

Delphi Workers May Give Up Their Layoff-Pay Benefit
(NYT: separate free registration required)

Federal Mogul bankruptcy ending will find echo in India
(DBN Subscription Required)

Delphi workers split on pact
(DBN Subscription Required)

UAW-Delphi Deal Opens Door for Rivals
(WSJ: separate paid subscription required)

______________

Real Estate:

Blame the Borrower
(DBN Subscription Required)

Home Sales Hit Slowest Pace in 4 Years
(DBN Subscription Required)

May home sales in Chicago down almost 21%
(DBN Subscription Required)

Investors wary of subprime woes
(DBN Subscription Required)

Subprime Crisis Is Likely To Continue Its Sting
(WSJ: separate paid subscription required)

Lennar swung to a loss on continued deterioration in the housing market
(WSJ: separate paid subscription required)

______________

Golf:

Trump withdraws bid for Running Horse
(DBN Subscription Required)

______________

Enron:

Court takes no action on Enron liability case -- for now
(DBN Subscription Required)

U.S. Supreme Court Declines to Take On Enron Cert. This Week
(DBN Subscription Required)

Ex-Enron customers win one in court
(DBN Subscription Required)

______________

Accounting:

Feds Ask Judge Kaplan to Dismiss KPMG Indictments
(DBN Subscription Required)

PwC Is Criticized for Pulling Yukos Audits
(DBN Subscription Required)

U.S. Response in KPMG Case Could Point to Appeal
(DBN Subscription Required)

______________

Utilities:

US Energy Sys: funding failure may lead to bankruptcy
(DBN Subscription Required)

______________

Banking:

Buyout offer for Puerto Rico bank withdrawn
(DBN Subscription Required)

______________

Economy:

Private Equity Investors Hint at Cool Down
(NYT: separate free registration required)

US faces severe credit crunch
(DBN Subscription Required)

S&P Distress Ratio At All-time Low
(DBN Subscription Required)

______________

Celebrity:

Lou Pearlman Back in Mainland US
(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)

_____________

Online Claims Trading
trexlogo
Auction your Chapter 11 claim to the highest bidder

www.t-rexauctions.com

Free • Anonymous • Non-Binding

Timber:

Pacific Lumber seeks court OK to borrow additional $75M
(DBN Subscription Required)

______________

Corporate Reform:

A paper toss, and Top 10 skit in jury pitch
(DBN Subscription Required)

Judge in Black case to charge jury
(DBN Subscription Required)

Brocade's Weaver: Worst Witness Ever?
(DBN Subscription Required)

All five SEC commissioners are set to testify before a House panel on issues including enforcement policy and hedge funds
(WSJ: separate paid subscription required)

Scrushy to Be Sentenced Tuesday
(DBN Subscription Required)

______________

Bankruptcy Crimes:

OC Chopper clan accused of bankruptcy fraud
(DBN Subscription Required)

Justice for Yagman
(DBN Subscription Required)

______________

Food/Drink:

Hooters loses effort to keep chain intact
(DBN Subscription Required)

Bankrupt LeNature's judgment day may be here
(DBN Subscription Required)

______________

Health Care:

Nursing homes head to auction
(DBN Subscription Required)

Tyrone Hospital's future remains foggy after closed meeting
(DBN Subscription Required)

______________

UK:

Families' £100bn bill just to pay off the interest on their debts
(DBN Subscription Required)

PwC delivers good news for Trinity creditors
(DBN Subscription Required)

Linklaters gets in on Torex administration
(DBN Subscription Required)

______________

Russia:

Rosneft Targets Yukos Mystery Buyers
(DBN Subscription Required)

______________

Canada:

Booming economy has downside for bankruptcy industry
(DBN Subscription Required)

______________

Italy:

Four Years After Parmalat Meltdown, Italy Still Waiting for Corporate Reforms
(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