June7, 2007

Daily Bankruptcy News

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Aviation:

Swissair ex-CEO Corti, top executives cleared over airline's bankruptcy
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US Airways, America West Pilots Continue To Squabble Over Contract
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Senators balk at $2B pension break for airlines
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Law:

Greenberg Traurig Names New Bankruptcy Chair For New York Practice
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More senior lawyers quit Stroock as rivals target bankruptcy talent
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Pay Raise Watch: New Jersey
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Commentary: Appealing to a New Generation of Summer Associates
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All in Favor of Axing the Billable Hour ...
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All legal eyes on Lerach as retirement decision looms
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DC Judge Pearson Cuts $67 Million Pants Suit
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Facebook wrangle leaves firms uncertain about web revolution
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Robins Kaplan to Close D.C. Office
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Fred Baron and Baron & Budd Settle Litigation
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The Libby Letters, Lawyers Edition
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Staying Connected While You're on Vacation
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Top 10 Examples of Workplace Wackiness
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Paris Hilton Sobbing In Cell, Visited By Psychiatrist
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Lawyers Buzz About Gaffe Over Unproduced Trial Documents
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Firm shocks UK national market as firm hikes junior salaries by 21%
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Corporate Reform:

Conrad Black Trial Judge Denies Bid to Recall Radler
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Former Lason exec gets prison time for fraud, false SEC statement
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Another Guilty Plea Expected in Abramoff Probe
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Student Debt:

Cuomo: Private college loans marked by abuses, regulators failed
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Two More Financial-Aid Directors Leave Posts
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Student loan scandal spreads to underwriting
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Senate Panel Chair Vows Action On Student Loan Abuses
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Notes on a scandal
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Amtrol emerges from Ch. 11 protection
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Autos:

Dana officials, union leaders: We're still talking
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Sale of 3 area Dana plants OK'd
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Dana jobs on the line
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Big 3 CEOs aim to head off CAFE proposal
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Congress tells Big 3 change is coming
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How Labor Could Fix Detroit
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Real Estate:

Realtors lower housing forecasts for 2007, 2008
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Hedge-fund managers are accusing Bear Stearns of trying to manipulate the market for securities backed by subprime loans
(WSJ: separate paid subscription required)

Hedge funds slam Bear over subprime losses
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American Woodmark Splinters
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Looting the Escrow Account: A 1031 Cautionary Tale Continued
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FDIC Sees No Strong Case For Short-Term Reset Mortgages
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Foreclosure's Filthy Aftermath
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Meritage Homes Pulls Guidance
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Met Mortgage: Turner testifies he did what the boss told him
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GMAC's ResCap says subprime mortgages at a dribble
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Enron:

UBS Settles Enron Bankruptcy Lawsuit Claims for $115 Million
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Legal blow for "NatWest Three"
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Health Care:

Physicians Hospital files for bankruptcy protection
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Sale of Samaritan to UK wins final approval
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New Jersey Hospitals Will Collapse Without Funding, says Hospital Group
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Religion:

Archdiocese releases secret documents on priest sexual abuse
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Debt Collection:

$250,000 for sullying a soldier's credit?
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Travel:

New Orleans Tours emerges from bankruptcy
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Turnover:

Turnover that Check
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New Bankruptcy Opinions
(4 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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Online Claims Trading
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Auction your Chapter 11 claim to the highest bidder

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Furniture:

PeopLoungers gets loan
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Economy:

Bush Aides Reduce Economic Growth Forecast to 2.3% (Update1)
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Accounting:

$2bn but at what cost?
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Big Four widen the gap
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Hedge Funds:

Fitch warns of company defaults danger
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Sports:

Ex-Packer Long wins out over would-be creditor
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Elder Debt:

Targeting the Elderly
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Telecoms:

Texas Sues NorVergence Debt Collector
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Never too rich to go bankrupt
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AZ: Bankruptcy filings continue upward pace
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UK:

Bourses tumble as ECB signals further rate rises
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Italy:

Italian jury acquits 5 in Calvi murder
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Japan:

Japan Court Rules Against Gov't in Consumer Fraud Scam
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