November 14, 2007
Daily Bankruptcy News
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Law:
Why Law Firm Associates Bail Out -- and Why It Matters
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Pillsbury Accused of Another Conflict in Tangled Bankruptcy Case
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Footnote Of the Day: Homer's Unilateral Contract With God
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Bonus Watch: Sidley Austin (New York only)
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Cert Granted in Paralegal Fee Case
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Magic Circle Firms on Pace to Become Among World's Most Profitable
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Lawyers Rally at N.Y. Courthouse to Support Pakistan's Attorneys
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D.C. Officials Confirm Removal of Judge Who Brought $54 Million Pants Lawsuit
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Associates need to practice their sports analogies to ensure they bring their A-game to the office
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Mark Lanier's Texas-Size Christmas Party
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WorldCom Slayer Coffey May Be Shareholder Suit King
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Sallie Mae Litigation Raises Issue of Deal 'Adverse Effect'
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House Approves Attorney-Client Privilege Protection Act
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Scruggs to Challenge Special Prosecutors in Hearing Next Week
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Home for the Holidays?: Lawyer Jailed for Hiding Millions From Spouse Wants Out
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Plight of Drunken Elephants
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Say What?!
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Two London Law Firms on Track to Earn $2B This Year
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London shunned in Milbank promotions
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Stock Brokerage:
E*Trade rebounds, analysts downplay bankruptcy risk
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E*Trade's Questionable Receivables
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E*Trade Heats Up
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E*Trade Customers' Defenses
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Autos:
Bondholders Protest Dura's Ch 11 Plan
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Bad Plan, Dura Creditors Chant
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Shareholders move to fight Delphi reorganization plan
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What Caused Delphi's Demise?
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Ford Half A Car Company Is Better Than None
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Retailing:
Ski Store Declares Chapter 11
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Telecoms:
Pac-West to Pay $443K in Worker Bonuses
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Health Care:
Decision To Close Victory Called 'Health Care Crisis'
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To The Re$cue
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$1.5M raised for Kessler as crunch time nears
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Bankrupt hospital is on last legs
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VHS may declare bankruptcy
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Finance:
JPMorgan Says SIVs Will `Go the Way of the Dinosaur'
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Mass Torts:
Why The Vioxx Settlement May Not Work
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Student Debt:
Panel likely to back student loan changes
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Earned Income Credit Seized to Pay Student Loans
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Banking:
Bank of America to take $3 billion debt-related write-down
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Street Discounts Bank of America Write-Down
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Citigroup, Merrill, HSBC Credit-Default Swaps Fall
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HSBC warns US bad debts up 30 percent
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HSBC takes $3.4B loss on U.S. business
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HSBC Profit Rises, Countering U.S. Deterioration
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Citigroup's Forese Combines Debt, Stock Underwriting
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Will There Be A Bank Implode-O-Meter?
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Real Estate:
Report forecasts $223 billion decline in property values and lost taxes as foreclosures surge
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Economy fuels bankruptcies
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California, Ohio, Florida Lead in Foreclosure Rates
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S&P: Mortgage Banks to Be Hit Next Year
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BlackRock's Fink Says Subprime Credit Losses to Rise
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Fitch says 2006 subprime loans lagging
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Mortgage Applications Index Rose 5.5% Last Week
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Subprime fallout hits big money market funds
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Countrywide mortgage loan production sank 48 percent in October
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Squalor, Crime Follow Wave Of Foreclosures
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Foreclosure Filings Up in Metro Areas
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Fla. Mortgage Fraud Monolith: Building Had Most Bad Deals
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Detroit 2nd nationally among metro areas with most foreclosures
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American Home Seeks $35M for Loan Unit
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The Coming Foreclosure Tsunami
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Levitt ready to abandon thousands of lots
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Lender Liability Update
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What Housing Slump? NVR Chief Bets Big
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When Home Builders Hit the Skids
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Tangled web of housing deals
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Wis. lawmakers consider new rules for 'foreclosure rescues'
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Ripple effect is feared from foreclosures
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GMAC Expected to Replace Its CFO
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Wall Street:
Goldman Chief Shrugs Off Writedown Rumors
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Mining:
Asarco Judge Approves $158 Million Mining Settlement
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Aviation:
Mesa secures $85 million in bond funding
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Mesa will pay more in ruling, hires Petrocelli
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Mesa Wants New Trial Over Hawaiian Air
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'Aspen' Asks Court for Advance on Loan
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Another Airline Bites the Dust in Brazil's Drawn-Out Air Crisis
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Predatory Lending:
Warren: Predatory Lenders Unite!
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In defense of predatory lending?
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Academics Call It Optimism Bias, But We're Not As Funny
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700% interest rates only fair, payday loan hearings told
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Loan ban hasn't left hardship
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New Bankruptcy Opinions
(7 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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Distressed Investing:
BlackRock to launch distressed funds
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Art:
Art Gallery Seeks $1.7M in Bankruptcy
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Accounting:
Sneak Peek at New Financial Statements
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Enron:
Prosecutors ask court to uphold Skilling conviction
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DOJ on Skilling's appeal
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Golf:
Running Horse Plan B unveiled
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Food/Drink:
Wachovia Junk-Bond Financing Foundered Over Missing Water Sales
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Celebrity:
If he did it ...
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Bankruptcy Statistics:
Oklahoma bankruptcy attorneys see client surge
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Taxis:
Taxi Technology Files for Ch 11
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Hedge Funds:
Amaranth Sues JPMorgan for Disrupting Goldman, Citadel Deals
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UK:
Woman fights to keep divorce proceeds from husband's creditors
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Northern Rock could still owe billions by 2010
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Canada:
Growing credit debt is crushing Canadians
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SMK Speedy International given bankruptcy-court protection
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Portus founder released on bail after court appearance
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Scotiabank to take subprime charge in Q4
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Royal Bank takes $360M charge on subprime
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Japan:
Japanese firm cheated teachers out of salaries, rent
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Japan battered by credit whirlwind
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Mizuho Cuts Full-Year Forecast on Subprime Losses, Credit Costs
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Italy:
Parmalat's masterstroke: Making its bankers pay
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Germany:
German bank investors brace for more profit warnings
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