June 28, 2007

Daily Bankruptcy News

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Aviation:

Delta's legal, consulting tab in Chap. 11 at least $168 million
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United Has Merger Delusions
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No more flying the friendly skies
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Flights canceled by Northwest
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Northwest Airlines' bumpy landing
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Fliers brace for holiday NWA delays
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Law:

NY Partner, Former Bankruptcy Judge, 54, Dies
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Tina Brozman, 54, Former Judge and Bankruptcy Law Innovator, Dies
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Obituary: Tina Brozman
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Bryan Cave Adds Bankruptcy Partner Partner in Chicago
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Pay Raise Watch: Howrey Is Planning Something Weird
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Life Is Good in Miami
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Fee hikes raise specter of $2,000-an-hour partner
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An A-List Firm Takes the Road Less Traveled
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Say What?!
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Taking Cases for Publicity: Does it Pay?
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Former N.Y. Firm Ordered to Pay $7M in Damages
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Cost-Shifting and Accessible Data in EDD
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BigLaw's Gay Romance
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Big Firms' Hirings of Alcohol Consultants Signal Trend
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Are Lawyers Emotional Wrecks?
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Is a Two-Tiered Pay Scale Risky?
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Judge's Bungled Suicide Bid Will Cost Him Big Bucks
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The new rules for office casual - flip-flops?
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Real Estate:

Subprime mortgage woes just beginning, fund manager warns
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Will Corporate Bonds Succumb To Subprime Contagion?
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Caliber to return cash after subprime mortgage hit
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A prominent hedge fund's implosion revives fears about the poisonous influence in the subprime-mortgage market
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Beazer Homes Fires Chief Accountant
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Oak Street Funding acquired for $75 million
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Late mortgage payments hit record level
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Celebrity:

5-Count Indictment for Boy-Band Mogul
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Utilities:

ENO quits maintaining New Orleans lights
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Bankruptcy Crimes:

Sentencing for Peel postponed
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No one is above the law
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Hoisted by His Own Petard
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Game of Buyout Bingo May Be Ending
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Autos:

UAW workers to vote on tentative agreement with Delphi
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Unions need to work with business, labor leaders say
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Dana creditors press for bankruptcy action
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GM's Rising Shares May Get Sideswiped by the UAW
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2-tier wage at GM feared
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Chrysler sale cost DCX $673M
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UAW May Hire Lazard for Advice in US Auto Talks
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Corporate Reform:

Jury out in Black trial
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Restless jury could reach quick verdict in trial of Lord Black
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Conrad Black case seen on knife edge as jury retires
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Judge: Convicted cable executive must report to prison
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Aug. 13 Prison Date Set in Adelphia Case
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Comverse's Ex-CEO: Backdating No Crime
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Paulson Reviewing Finance Regulators, Fund Practices
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Brocade: Judge Breyer Rebukes Skadden's Marmaro
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From Namibia, Kobi Alexander Breaks His Silence
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Economy:

Demand For Business Investment Goods Falls 3%
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Media:

Court Denies Bonus for Granite CEO
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Fitness:

Bally Seeks Noteholder Approval
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Hedge Funds:

UBS charged with running 'hedge fund hotel'
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Religion:

No LDS bankruptcy link?
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Food/Drink:

RJ Gator's, $4 million in debt, files for Chapter 11 bankruptcy
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Banking:

Capital One to Cut 2.000 Jobs in Restructuring Initiative
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Banks on a Bridge Too Far?
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Mass Torts:

Lawyer, ex-employees of The Hartford charged with fraud
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Houston lawyer indicted in alleged kickbacks plot
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Co-Defendants Must Disclose High-Low Deals
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Academia:

Moves & New Hires in the Bankruptcy Academic World
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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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Auction your Chapter 11 claim to the highest bidder

www.t-rexauctions.com

Free • Anonymous • Non-Binding

Come to Houston for Your Chapter 11s?
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Wall Street firms struggled to find buyers for several takeover-related debt offerings. Easy credit has been the driving force behind the rash of buyouts, and investors' reluctance to buy risky debt could put the boom in jeopardy.
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Can You Afford to Go Bankrupt?
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Golf:

Donald Trump Back on the Running Horse Deal
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Fresno golf course owner accepts Trump's $40M offer
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Health Care:

Kessler directors meet on plan to save hospital
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Dimensions Healthcare prepares alternative restructuring plan
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99 back on the job at St. George
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Debt Collection Rising at Hospitals as Economy Slumps
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Intellectual Property:

New Case Addresses Whether A Security Interest In A Patent Can Be Perfected With Just A PTO Filing
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Credit Cards:

Credit Card Cartoons
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AL: Bankruptcy filings jump 54% in one year
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Bankruptcy Filings Drop 61 Percent in March 2007 12-Month Period
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Prepayment Clauses in Bankruptcy
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UK:

5,000 council tax cheats in dock
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FTSE giants confirm audit liability cap discussions
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Regulator got tough on Sea Containers
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HSBC warns of debt collapse
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Russia:

Rosneft Gets $9.2Bln From Yukos Bankruptcy Manager
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Yukos debt virtually repaid
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There is nothing surprising about the PwC scandal
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Japan:

Cram school closes all its branches
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Korea:

Kia Cancels $500 Million Bond as Debt Concerns Spread
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