May 21, 2007

Daily Bankruptcy News

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

Also available on the Web (with links to the news stories) http://bkinformation.com/News/DailyNews.htm
Prior editions: http://bkinformation.com/bankruptcy_news.htm
Search prior headlines: http://bkinformation.com/PriorEditionsSearch.html
Search prior New Opinions: http://bkinformation.com/NewOpinions_Search.html
         

Aviation:

Northwest shares could debut overpriced
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NWA unions numbed by concessions
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Northwest OK'd to exit Chapter 11
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New NWA still faces old troubles
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Worker outrage could snarl Northwest's Chapter 11 exit
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Get Ready to Pay for Peanuts
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Law:

Interest in Summer Jobs at Top Firms Cools Down
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Firms Prepare to Call Latest Wave of Associate Raises
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Firms' Truce Holds, But Partner Switches Teams
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"I played a very large part in bringing about the demise of a firm. . . that I loved."
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Back From Baghdad
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Pay Raises: Go to Fenwick & West, Young Man
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Lawyer Who Sued BAR/BRI Now Questions the Settlement
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World Bank's Former GC Says Wolfowitz Spurned His Legal Advice
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At the Big Firm, Silence Is Golden
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Justice Thomas Asks No Questions During Entire Court Term
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Law Firm Makes Corporate History With Stock Exchange Listing
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Biglaw Is Brooklyn Bound
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The Milberg Indictment: The One-Year Anniversary
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In Court Files, Hollywood's Mr. Fix-It at Work
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Wolens and Cruciani Leave Baron & Budd, Join Diamond McCarthy
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Moot Court Teams Bring Home Big Victories
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Martindale to Change Focus as Some Firms Opt Out
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Houston Bankruptcy Judges Rated In Judicial Evaluation Poll (scroll down)
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Revamped law offices represent an effort at better design
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Denver law firms first-year pay tow the national drift
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PEP up 15% as Norton Rose unveils '07 results
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Attorney general might resign this week, top Republican says
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Student Debt:

Cuomo discusses student loan ethics
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Religion:

Diocese to sell farm to settle bankruptcy
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Healthcare:

Hospital draws up debt plan
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Auburn hospital plans reviewed
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US Patients Seeking Low Cost Medical Care Around The Globe
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Bankruptcy Crimes:

Former trucking company CEO to stand trial
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Karoly under fed's microscope for a year
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Retailing:

Retailers Add Risk in Easing Loan Terms
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Autos:

DaimlerChrysler breakup boils down to a bad fit
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Institutional investors fuel Cerberus' success
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The force behind Cerberus
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Could Cerberus be modern version of Billy Durant's business model?
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A Deal That Could Save Detroit
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Autoworkers face rough road ahead in contract talks
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Ford sales still fall short of goals
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Stockman, others sued for $45M
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Bankrupt US auto-parts maker sues auditors
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Cerberus secures $62B refinancing for Chrysler
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Credit Cards:

SUPCCA in the Senate
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Couple Learn the High Price of Easy Credit
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First, get rid of high-cost credit card debt
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Keep the Debt Monkey Off Your Back
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Entertainment:

Michael Jackson Drops Bid to Block Vegas Auction
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Jacko's belongings back on the block
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Real Estate:

The Subprime Lending Shakeout: A Litigation Perspective
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High roller of home loans
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Did Merrill, Morgan Stanley Overpay?
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Bernanke Says Subprime Curbs to Hurt Housing Market
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Option One Mortgage Announces Job Cuts
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OceanFirst Financial Closes Subprime Lending Unit
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Beware: Foreclosure 'rescue' firms could take title to your home
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Dwek Trustee Retains Keen Realty
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The housing bubble's silver lining
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Bankruptcy lawyers sell condo
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Municipalities:

Bankruptcy must be on table for Vallejo
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Manufacturing:

Foss Creditors try to block dismissal
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Debt Collection:

Playing rough to collect
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Economy:

Economists foresee 2007 growth as most sluggish in 5 years
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Ignoring the lessons of 1929
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Credit Counseling:

Credit counseling can damage your rating
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EZ Tag offenses can take big toll, bankruptcy
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Kilpatrick Stockton Partner To Receive Bankruptcy Award
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New Bankruptcy Opinions
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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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The Delaware Thing
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Mass Torts:

Win for Asbestos Insurers
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Insurers Win Asbestos Ruling
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Congoleum: Findings of Law and Fact
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Corporate Reform:

Former Goldman Sachs leader calls executive pay outrageous
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'This is war:' Black
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Govt. focuses on Black's lavish living to show disregard for shareholders
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Nixon was innocent - and so am I, says an unrepentant Black
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Conrad who?
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Will Jury Believe Radler?
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Radler admits he took deal for light sentence
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Companies Weigh the Risk of Exposure
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White-Collar Crime of the Week
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Chemicals:

Solutia's reorganization plan may be held up by settlement dispute
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Sports:

Can Vernon Downs be saved?
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Accounting:

PwC Study: Internal Audits Lack Strategy for Risk Assessment
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Lernout & Hauspie: KPMG on trial in Brussels
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Credit market 'bubble' may be ready to burst
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California Bankruptcy Court Answers Open Question From Supreme Court's Travelers Decision: Can Post-Petition Attorney's Fees Be Added To Unsecured Claims?
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UK:

Lenders to slash IVA firm fees
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Home repossessions soar in Suffolk
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IVA firms' shares fall on fees fear
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D-day for Eurotunnel debt plans
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Russia:

Rosneft Granted Status of Strategic Company
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Germans to Buy Out Insurance Business of Yukos
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Canada:

Debtors give student loan program an F
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Belgium:

'Belgian Enron' comes to trial
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