November 15, 2007

Daily Bankruptcy News

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Law:

How New Lawyers Can Choose Assignments Wisely
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Bonus Watch: Allen & Overy Matches
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A&O and Freshfields boost US associate bonuses
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Should Firm Leaders Get CEO Pay?
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Amaranth's Dream-Team Law Firm: Beck, Webb & Boies
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Chadbourne & Parke, Watson Farley Merger Talks Collapse
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Bailing on BigLaw
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Did You Hear the One About Associate Salaries?
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Reed Smith holds back pay for legacy firm's non-equity rank
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Down With Associate Pay! Seriously . . .
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Small Firms Use Flat Fees to Gain Edge
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Is Arbitration the New Litigation
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Tax Preparers Face Proposed Billion-Dollar Class Action Over E-Filing
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Why Associates Bail Out
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Firm Tricks Out New Office Like an Art Gallery
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9th Circuit Rebukes Judge for Tossing Suit
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Firm Sued for Cheating Lawyer Out of Profits After $172M Wal-Mart Win
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Also, The Dog Ate Her Gavel
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Ex-Lawyer Gets 10 Years for Defrauding Clients, Banks of More Than $24M
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Federal Court Records Opened to the Public
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More Law Firms Seek to Sue Banks
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When Should Origination Fees End?
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What Does Non-Equity Really Mean?
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Loan Company Targets Vioxx Lawyers
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New Child Care Option: Bring Baby to Work?
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Legal Ethics Question of the Day
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Lawyer-Turned-Secretary Takes McGuireWoods Suit to Trial
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Aviation:

Delta, United deny merger talks
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Official: United, Delta Mull Combination
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Delta's responses to Pardus
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Specter of merger has unions bristling
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Delta Air Forms Merger Panel as Holder Urges a Tie-Up
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NWA seen as major player in any merger
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Mesa files defamation suit against Web site
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Economy:

Fed to Reveal More About Its Forecasts
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Insurance:

Principal Financial settles for $5M
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Horticulture:

Pike Nursery files for bankruptcy due to drought
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Mass Torts:

Federal-Mogul to exit bankruptcy by year's end
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Wall Street:

Merrill: Thain to the Rescue
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Merrill Hires Mr. Fix-It
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Bear Sees Smaller-Than-Expected Write-Down
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Investor Safe Haven Becomes a Concern
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M&A:

Cerberus Backs Out of $4 Billion United Rentals Buy
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Autos:

Delphi, GM reach deal on exit financing
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Ford CEO rules out partner
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Ford sees tough US market
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Delphi Creditors Reject Ch 11 Exit Plan
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Solar Stamping Seeks Ch 7 Status
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UAW ratifies Ford contract
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Delphi Proposes Amendment To Reorganization Plan
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Delphi's New Bankruptcy Exit Plan Seeks $5.2 Billion Financing
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Stock Brokers:

E*Trade CEO rules out bankruptcy
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Playing With the Fire at E*Trade
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Trouble at E-Trade Proves that Sub-Prime Woes Rankle E-Paradise
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Movies:

Movie Gallery says court approves debtor-in-possession financing
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Health Care:

Pascack Valley Hospital prepares to close
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Pascack's mobile care unit sold
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Real Estate:

Will Subprime Crisis Be Impetus for Bankruptcy Reform?
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Housing Breakdown Makes Suppliers Cheap
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Bankruptcy possible for some homebuilders in slumping market
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Two bidders emerge for remote west Texas ranch
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Mortgage Lenders Settles in Ch 11 Case
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Novastar says bankruptcy possible after $598 million quarterly loss
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Laughlin Ranch foreclosure sale postponed again
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Will Congress help foreclosure victims?
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Tousa considers filing for bankruptcy
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GMAC Unit Poses Challenge to Cerberus
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Foreclosures Hit a Snag for Lenders
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Commercial property prices dropped 2.5% in third quarter; first drop in four years
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The SubPrime Pain: The Big Lie
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Accounting:

FASB grants partial delay on fair value
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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), (12)
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NEW
Claim Trading Alerts
The easy way to monitor
bankruptcy claims trading
30-Day Free Trial

Agency Warns of Ch 11 Secrecy
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Hedge Funds:

Mass. Complaint Names Bear Stearns
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Avoidance Actions:

Calpine: Recovery of Pre-Ch 11 Payments Unnecessary
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Celebrity:

O.J. Simpson Ordered to Stand Trial in Alleged Memorabilia Heist
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Enron:

Linda Lay, Widow of Ex-Enron Chief, Faces Forfeiture
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Oxymoron Of the Day: The Skilling Brief
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Finance:

After reprieve, leveraged loan market tightens up again
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Oil/Gas:

Earth biofuels settles with creditors
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Corporate Reform:

Supporters hope delay, dropped charges in former Brocade HR chief's backdating trial could mean lenient sentence for convicted former CEO Reyes
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Religion:

Diocese of Tucson responds to criticism
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Credit Cards:

Bad credit card debt: the new subprime?
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Sixth Circuit Bolsters Free And Clear Sales
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UK:

Broke Brits pushed towards financial folly of bankruptcy
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Italy:

Parmalat Profit Nearly Triples on Dairy Prices, Settlements
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EU:

European Food Prices Soar by the Most in Five Years
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Canada:

End of Music World marks end of music-store era
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