June 4, 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:

NWA execs leave bankruptcy with overfull pockets
(DBN Subscription Required)

NWA threw its weight around in bankruptcy
(DBN Subscription Required)

Airline CEO pay becomes lightning rod
(DBN Subscription Required)

Duluth awarded NWA Maintenance Base in bankruptcy settlement
(DBN Subscription Required)

Bankruptcy Auction Scheduled for TransContinental Airlines, Boy Band Founder Pearlman
(DBN Subscription Required)

Just When It Was Safe To Go Back In The Water
(DBN Subscription Required)

Unions seek gains with airlines healthier
(DBN Subscription Required)

Flying, the (way) downside of travel
(DBN Subscription Required)

______________

Law:

Freshfields' Profits Jump 25 Percent per Partner
(DBN Subscription Required)

Is a 'Super-Sized' Penalty Warranted for Lawyer's Fast-Food Gaffe?
(DBN Subscription Required)

Moonlighting and Your Legal Career
(DBN Subscription Required)

Best Summer Program
(DBN Subscription Required)

Lerach Clears The Air (Sort of)
(DBN Subscription Required)

The Milberg Weiss Story. . . Latest Chapter
(DBN Subscription Required)

Fed. Dist. Judge Who Filed Bankruptcy Returns After Courthouse Corruption Probe
(DBN Subscription Required)

NY Firm Loses Fifth Bankruptcy Partner to Rival
(DBN Subscription Required)

Cadwalader Names New Restructuring Special Counsel
(DBN Subscription Required)

Texas Two-Step: Giuliani and Houston's Bracewell Learn the Politics of Dancing
(DBN Subscription Required)

Two More Firms Take the Lead in Raising Associate Pay
(DBN Subscription Required)

Pay Raise Watch: Hartford
(DBN Subscription Required)

Following the Salary Leaders
(DBN Subscription Required)

DOJ Probes Turn to Civil Rights Division
(DBN Subscription Required)

Firm's Mea Culpa Adds Twist to Class Action Against Best Buy
(DBN Subscription Required)

Judge Seethes Over Direct Contact of Represented Parties in Case
(DBN Subscription Required)

"Law Firm "CIO 100's"
(DBN Subscription Required)

Large-Firm Lifestyle
(DBN Subscription Required)

The 24/7 Managing Partner
(DBN Subscription Required)

Abolishing Non-Precedential Appellate Court Rulings: An Idea Whose Time Has Come?
(DBN Subscription Required)

Say What?!
(DBN Subscription Required)

______________

Economy:

Economic growth slows to a near halt
(DBN Subscription Required)

______________

Telecoms:

Amp'd Mobile files for bankruptcy
(DBN Subscription Required)

______________

Real Estate:

Home Loan Charge-offs, Delinquencies Soar in 1st Quarter
(DBN Subscription Required)

Kara Homes slowly building up
(DBN Subscription Required)

Kara reaches deal with major creditor
(DBN Subscription Required)

Bracing for the subprime mortgage fallout
(DBN Subscription Required)

Novato lender shuts down, lays off 40
(DBN Subscription Required)

Ride gets rough as lending bill heads to vote
(DBN Subscription Required)

Tanner & Haley Ch. 11 Plan Extended
(DBN Subscription Required)

Sub-prime fallout to hit Bear Stearns
(DBN Subscription Required)

Who's to blame?
(DBN Subscription Required)

As Lenders Tighten Standards, Borrowers Seek Fixed-rate Safety
(DBN Subscription Required)

Mortgage payment confusion growing
(DBN Subscription Required)

______________

Toledo: Bankruptcy filings up 74 percent for area
(DBN Subscription Required)

  

Autos:

'Chitty Chitty Bang Bang' car sells for $500000
(DBN Subscription Required)

GM, others can't beat 'em so they decide to join 'em
(DBN Subscription Required)

Dana, unions agree to extend negotiations
(DBN Subscription Required)

GM makes strides in supplier relations
(DBN Subscription Required)

When a $38,000 car costs $44,000
(DBN Subscription Required)

______________

Student Debt:

Warren: College Loan Squeeze Play
(DBN Subscription Required)

US Puts Limits on Lenders' Ties to Universities
(NYT: separate free registration required)

Ex-official of JHU defends lender ties
(DBN Subscription Required)

______________

Corporate Reform:

No smoking gun yet in Conrad Black fraud trial
(DBN Subscription Required)

"You're Innocent!"
(DBN Subscription Required)

______________

Municipalities:

Town's bankruptcy filing thrown out
(DBN Subscription Required)

______________

Politics:

Ex-senate aide, --- blogger files for bankruptcy
(DBN Subscription Required)

U.S. Rep. Kanjorski secured $10M for now-bankrupt firm. What went wrong?
(DBN Subscription Required)

______________

Recreation:

Bike tire maker to exit bankruptcy
(DBN Subscription Required)

______________

Health Care:

Medical bills leave many feeling 'there's no way out'
(DBN Subscription Required)

Grady needs painful shot in arm
(DBN Subscription Required)

US health care is bad for your health
(DBN Subscription Required)

Assisted Living Company Begins Purge of Residents on Medicaid
(DBN Subscription Required)

Unused hospital, HQ sold
(DBN Subscription Required)

______________

Entertainment:

Unmasking Lou Pearlman
(DBN Subscription Required)

______________

Utilities:

The day after the freeze
(DBN Subscription Required)

______________

Credit Repair:

Paying cash for overnight credit help
(DBN Subscription Required)

______________

Hedge Funds:

UBS Hedge Fund Loss Ensnares Wuffli With Debacle Reprising LTCM
(DBN Subscription Required)

______________

Debt Collection:

Now it's debt collection - by text
(DBN Subscription Required)

Collecting Consumer Debts: Talk to the FTC
(DBN Subscription Required)

______________

Accounting:

Grant Thornton deal shakes up auditor rankings
(DBN Subscription Required)

______________

Credit Cards:

Legal Liability for Debt-Induced Suicide?
(DBN Subscription Required)

A "Small" Exception in Credit Card Arbitration Clauses
(DBN Subscription Required)

Warren: Warning: Your Toaster Will Explode
(DBN Subscription Required)

The median amount of credit card debt carried by American households is about $6,600 while the average credit card debt load is nearly $9,900 per household
(DBN Subscription Required)

______________

Mass Torts:

N.J. Firm Ordered to Pay $5.2 MIllion in Asbestos Case
(DBN Subscription Required)

______________

 

New Bankruptcy Opinions
(1 new opinion 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

Vicious US bankruptcy court battles coming
(DBN Subscription Required)

Bankruptcy Reform:

Judge Rules That Ordinary Commodity Supply Contracts Are Not "Swap Agreements" Under BAPCPA
(DBN Subscription Required)

Manipulating the Means Test
(DBN Subscription Required)

______________

Enron:

Credit Suisse settles with Enron over bankruptcy
(DBN Subscription Required)

SEC supporting Enron investors
(DBN Subscription Required)

Enron-Like Play Travels to New York
(DBN Subscription Required)

______________

Fitness:

Bally goes belly up, yielding 736% return for short sellers
(DBN Subscription Required)

Private equity weighing bid for Bally
(DBN Subscription Required)

______________

Religion:

Waiting decades to break the silence
(DBN Subscription Required)

Collaring the Clergy
(DBN Subscription Required)

______________

Sports:

PGA mum on status of tourney
(DBN Subscription Required)

______________

Banking:

Bank Charge-offs Rise, Income Falls in 1st Quarter, FDIC Reports
(DBN Subscription Required)

______________

Bankruptcy Crimes:

Company pleads guilty to bribery in bankruptcy sale
(DBN Subscription Required)

______________

Tougher gains cash at auction
(DBN Subscription Required)

In Silicon Valley, the Crash Seems Like Just Yesterday
(NYT: separate free registration required)

UK:

Bankrupt Britain built on a mountain of credit
(DBN Subscription Required)

Union seeks tax on private equity to refund pension losses
(DBN Subscription Required)

Lenders in IVA 'rogue' loan abuse
(DBN Subscription Required)

Buy-to-let novices feel the chill as repossessions start to climb
(DBN Subscription Required)

Britain in debt: Five people tell us their harrowing stories
(DBN Subscription Required)

Bankruptcy in Scotland
(DBN Subscription Required)

The champagne overdraft
(DBN Subscription Required)

Private equity firms 'ruining UK industries'
(DBN Subscription Required)

______________

China:

New China bankruptcy law takes effect
(DBN Subscription Required)

______________

Canada:

Property owners out rent money after Tiverton's apparent collapse
(DBN Subscription Required)

Creditors give money to Thow
(DBN Subscription Required)

______________

Australia:

ASIC admits Fincorp gaffe
(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