March 19, 2007 

Daily Bankruptcy News

Brought to you by BKINFORMATION.COM - The Source for Bankruptcy News on the Internet 

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Aviation:

Airports, residents across Northeast dig out from storm
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Passengers again stranded on jets at New York airport
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Bankruptcy Judge Gives Delta More Time
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Republic strategizing in wake of Delta's service agreement revision
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Judge Gives Northwest More Time To Control Reorg Plan
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Flight attendants at Northwest Airlines Corp. will ask a judge to roll back some of the concessions to which they agreed
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Law:

More Firms Pony Up First-Year Raises
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Where Will In-House Counsel Draw the Line on Associate Costs?
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DuPont's Litigation Chief Speaks out on Law Firm Mergers--Bigger Isn't Better
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Law firm associates want more than money
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Headhunter Pays Prospects a Bonus
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Senator insists Bush aides testify on firing of attorneys
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Fired prosecutor recalls praise from DOJ
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Banc of America Lawyers Call for Removal of Kasowitz Benson as Counsel
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Milberg Weiss Criticized for Misrepresenting Involvement in Indictment
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As issues evolve, Supreme Court holds to tradition
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Attorney Scandal Threatens Gonzales' Job
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Sheppard Opens Office in Shanghai
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Game Theory: "You Talkin' To Me?"
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Say What?!
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Saul Ewing Names Bankruptcy Partner As Marketing Partner (scroll down)
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Janet Reno: Bangs the winner
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Reverse Discrimination at Law Firms
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DIY legal stores walk fine line
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Advice for Clerkship Seekers: Bring Duck and Apple Wontons to Your Interview
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Anonymous Lawyer
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Why Are Judges Citing Fewer Law Review Articles?
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Should We Require Lawyers to Have a Clue?
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LaMonica, Herbst & Maniscalco Names New Bankruptcy Partner (scroll down)
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List of Shame: The Final Five
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An Economist's Courtroom Bonanza
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Viva La Diva!
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Corporate Reform:

Prosecutors to focus on Black 'trickery'
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As Black's fraud trial begins, defense expected to argue he was entitled to funds
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Because he got under America's skin
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Conrad Black: A Nixed Juror's Diatribe & Fast Eddie's ZZZs
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Policing the behavior of bosses can prove to be a costly business
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Black facing fight of his life
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Conrad Black: Stay in a Holiday Inn? You must be joking
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Black's ex-partner settles, to pay millions in penalties
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All parties poised for final countdown
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Jury selection to start for Qwest chief
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Qwest ex-CEO's trial means a lot to many
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Regulation Costing Attorneys More Time
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More Outside Directors Taking Lead
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Bankruptcy Crimes:

St. Louis woman sentenced for bankruptcy fraud
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Entertainment:

Jacko: Stingy tipper
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Jewelry:

Diamond company LID in Chapter 11
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Predatory Lending:

Payday lenders will end loans to military
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Music instrument maker sues store for $3.5M
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Bankruptcy for the Poor?
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Autos:

Consumer Price Gains Limit Fed's Room to Maneuver
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Nissan Chief Ghosn to Step Away From North America Unit
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More auto suppliers looking for fast, easy bankruptcy
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Delphi to seek green light for more than $7 million in bonuses to executives (scroll down)
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Union leaders vow they would fight a sale of DaimlerChrysler's U.S. unit, Chrysler, to a private-equity buyer.
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Chrysler breakup opposed
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Dealers want info on Chrysler future
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Trustees:

Super Trustees?
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Real Estate:

FHA steps in to emerging subprime lending void
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Warren: From Liar's Loans to Liar's Ratings?
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Did bankruptcy changes help hit subprime?
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Will I get crushed by the Subprime fallout?
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Wall Street Reassures On Subprime, But There Are Skeptics
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Hedge Funds Continue Bets on Mortgage Implosions
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Borrowers, Beware
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Subprime: What Next?
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Walls closing in on homeowners
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Easy-credit loans can be hard on us all - Destabilizing threat to entire communities
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Mortgage CEO defends New Century
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Reforms take aim at risky home loans
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Firm Claims Defaults Are Understated
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Home wreckers
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Mortgage market upsets investors
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Lenders fear credit clampdown after subprime meltdown
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Subprime fallout the ugly downside after land of excess
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Farewell, easy credit
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Trump Tower Tampa sued; 2 seek return of deposit - "There's a real risk you're going to see a bankruptcy filing"
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Disgraced ex-judge's farmland to be sold in bankruptcy auction
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Plenty of home loans but not much sense
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Payton Construction files for Chapter 11
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Dodd says hearings will be held next week on subprime lenders
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Lender's Execs Regroup
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Investors swoop in when owners default
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Cashing in on blight
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Cashing in on blight (2)
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Azabu assets bring $445 million bid
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Religion:

SD diocese follows lead of others in bankruptcy
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Municipalities:

No need for Toledo to consider bankruptcy, officials say
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Default may hurt chances for Los Osos sewer loan
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Mining:

Bankruptcy Court OKs Asarco Labor Deal
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Hedge Funds:

Since when did investors not have the right to know?
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Boom Times Ahead for Bankruptcy Lawyers?
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Restructuring industry foresees wave of insolvencies
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Refco administrators want more time to probe turnaround firm Alix Partners fee request (scroll down)
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Borrowing Without Limits - Loan Terms Used in LBOs May Spell Doom for Some
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Bankruptcy Codes and Innovation
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Household Consumption and Personal Bankruptcy
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Case Roundup for Week Ended 3/18/2007
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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)
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Law Firms Ramp Up Restructuring Teams For Bankruptcy Upswing
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Economy:

Inflation, Factory Data Squeeze Fed
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The New Face of Capitalism - Private buyers are gobbling up some of the premier names in corporate America
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Financial stocks have been hardest hit by woes in the subprime-mortgage sector and are being closely watched for clues to what it will take for the broader market to rebound
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Jobs Trump Subprime Woes?
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Economy Can Withstand Foreclosures
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More families living near poverty level
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Health Care:

Bankruptcy documents show complex structure of Doctors' Hospital
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St. Mary's takeover of PBI suffers from complications
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Uninsured ranks in US include more than poor
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Farming:

Bankruptcy Court Approves Sales of CattleLog and VerifEYE
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Accounting:

Grant Thornton interim revenues surge 16%
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Cytyc - Diagnosis: Restatement
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Auditors Fear for Mathstar's Future
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Corporate Governance:

Creditors and Corporate Governance
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Credit Cards:

Credit companies' shifty rules
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Creditors' legalese ensnares Americans
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A roundhouse kick to credit card companies
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Derivatives:

CME Pushes Back Credit Derivatives Index Launch To May
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Utilities:

Ameren gives top executives bonuses
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Fitness:

Shares of Bally shed 62 percent of value
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A Titan of Private Equity, Bankruptcy Advisor, May Go Public
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Behind the Veil at Blackstone? Probably Another Veil
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The Blackstone-Simpson Thacher Connection
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UK:

Just pray this country doesn't go sub-prime
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Fraudulent activity with British credit cards abroad almost doubled
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China:

China raises interest rates third time in a year
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Japan:

Former Livedoor chief gets two and a half years for fraud
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Australia:

Credit card debt traps
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Malaysia:

Malaysians pay price for free-spending
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New Zealand:

Bankruptcies hit 8-year high
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Canada:

Yes, our homes are worth more, but we're piling up debt, statistics show
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Czech Republic:

Creditors in CR get least amount from bankruptcy
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