November 27, 2007

Daily Bankruptcy News

Also available on the Web (with links to the news stories) Click Here
Prior editions: Click Here
Search prior headlines: Click Here
Search prior New Opinions: Click Here

 

Law:

To Make It in Manhattan, D.C. Law Firms Drop Millions
(DBN Subscription Required)

Bankruptcy Trustee Suits Cause Increasing Concern for Law Firms
(DBN Subscription Required)

Perk Watch: In-House Nail Salons
(DBN Subscription Required)

UK's Top Law Firms Show Higher Income, Higher Profits
(DBN Subscription Required)

U.K. Companies Cutting Number of Outside Law Firms
(DBN Subscription Required)

McDermott Partners to Be Rewarded for Teamwork
(DBN Subscription Required)

Law Firm Head Taken Aback By Reactions to Her Promotion
(DBN Subscription Required)

Drinker Biddle acquires Chicago law firm
(DBN Subscription Required)

Partner Fired From N.J.'s Sills Cummis Claims Age Discrimination
(DBN Subscription Required)

Laptop Mobility Leads to Vulnerability
(DBN Subscription Required)

Are Conservatives To Blame For Our Litigation-Crazed Nation?
(DBN Subscription Required)

Success of Washington parties often depends on how many Supreme Court Justices attend
(DBN Subscription Required)

Who Are the Lawyers Behind the Presidential Bids?
(DBN Subscription Required)

A Portrait of Hillary Clinton as a Young Woman (and Summer Associate)
(DBN Subscription Required)

Mag Lists Top Lawyers for the Wealthy
(DBN Subscription Required)

Say What?!
(DBN Subscription Required)

Life for Law Firm Marketers: Brutish, and Ultimately Short
(DBN Subscription Required)

Sheppard Mullin Women Find Artful Way to Build Clientele
(DBN Subscription Required)

______________

Real Estate:

Foreclosures to have 'profound' impact, report warns
(DBN Subscription Required)

US Home Values To Decline By $1.2 Trillion In 2008
(DBN Subscription Required)

Fannie, Freddie fall on downgrade
(DBN Subscription Required)

Housing market worst since the Depression
(DBN Subscription Required)

Mortgage banks fall
(DBN Subscription Required)

No Charge to Call Your Mortgage Servicer?
(DBN Subscription Required)

US mayors warn worst of mortgage crisis ahead
(DBN Subscription Required)

Subprime loan industry tumbles
(DBN Subscription Required)

Schumer Pushes for Loan Scrutiny
(WSJ: separate paid subscription required)

Fieldstone Mortgage files for bankruptcy
(DBN Subscription Required)

Citigroup Downgrades Home-Builder Sector; Stocks Fall
(DBN Subscription Required)

C-Bass Unit Seeks Chapter 11 Protection
(WSJ: separate paid subscription required)

Bank Threatens To Ban Inner-City Property Loans
(DBN Subscription Required)

Jesse Jackson calls for reform in mortgage foreclosure epidemic
(DBN Subscription Required)

Subprime Bets Haunt GM
(DBN Subscription Required)

Who are the winners in mortgage mess?
(DBN Subscription Required)

Citi Analyst Reversal Shows Housing's Challenges
(DBN Subscription Required)

Citigroup feels heat to alter mortgages
(DBN Subscription Required)

TOUSA chairman sells last of his shares
(DBN Subscription Required)

Moody's Reviewing GMAC Rating
(DBN Subscription Required)

______________

Politics:

Statement by Hillary Clinton on credit and bankruptcy concerns
(DBN Subscription Required)

Clinton calls for aid for debt-ridden families
(DBN Subscription Required)

______________

Food/Drink:

Beef Company Bankruptcy Filing Makes Us Thankful for Turkey Leftovers
(DBN Subscription Required)

______________

Health Care:

With patients living longer, the government is making hospices repay hundreds of millions of dollars to Medicare
(NYT: separate free registration required)

Haven Health facilities owe state $1 million
(DBN Subscription Required)

Governor Rell asks AG to seek court-appointed patient care ombudsman for Haven Healthcare
(DBN Subscription Required)

Blumenthal To Argue For Instant Takeover Of Homes
(DBN Subscription Required)

Haven Sent Staff South
(DBN Subscription Required)

Cardinal Hill can stay at Samaritan
(DBN Subscription Required)

Atlanta Hospital Moves to Unburden Itself of Debt
(NYT: separate free registration required)

______________

Wall Street:

J.P. Morgan is the latest investment bank to hire a new risk officer
(DBN Subscription Required)

JPMorgan to cut about 100 subprime jobs
(DBN Subscription Required)

Big banks made the same mistakes small investors often do
(DBN Subscription Required)

Losing faith in the Fed
(NYT: separate free registration required)

Stocks drop as credit worries take hold
(DBN Subscription Required)

European Stocks Fall
(DBN Subscription Required)

World stocks rattled by fresh subprime jitters
(DBN Subscription Required)

______________

Accounting:

Big 'Six' draw up tough audit standards for subprime derivatives
(DBN Subscription Required)

______________

Financial Literacy:

Let's teach students a real survival skill
(DBN Subscription Required)

School's newest classroom is a bank
(DBN Subscription Required)

______________

 

 

Banking:

Federal Reserve to Arrange $8 Billion of Term Repos
(DBN Subscription Required)

Fed vows to offset Y2K-style year end squeeze
(DBN Subscription Required)

HSBC Moves to Rescue 2 SIVs
(NYT: separate free registration required)

HSBC's bailout puts pressure on Citi, 'superfund'
(DBN Subscription Required)

Bank of America takes lead in backing SuperSIV fund
(DBN Subscription Required)

Citigroup says planning process focused on costs
(DBN Subscription Required)

Citigroup Plans Cost Cuts After Mortgage Losses, Prince Ouster
(DBN Subscription Required)

Citi's cost-cutting could claim jobs
(DBN Subscription Required)

Citigroup reported to layoff 45,000 employees
(DBN Subscription Required)

Citigroup to Raise $7.5 Billion From Abu Dhabi State
(DBN Subscription Required)

Netbank says to liquidate in bankruptcy
(DBN Subscription Required)

______________

Intellectual Property:

Patent Act KOs Title 11
(DBN Subscription Required)

_____________

Bankruptcy Statistics:

Bankruptcies increase 40 percent
(DBN Subscription Required)

______________

Aviation:

Cirrus pulls out of Columbia auction
(DBN Subscription Required)

UAL: Turbulent Times
(DBN Subscription Required)

______________

Bankruptcy Reform:

HR 3609: Lifesaver or Trouble?
(DBN Subscription Required)

Moore urged to support bankruptcy legislation
(DBN Subscription Required)

Groups hope to stem credit woes
(DBN Subscription Required)

Effect of Bankruptcy Abuse Prevention and Consumer Protection Act on Child Support Payments Cannot Be Determined
(DBN Subscription Required)

______________

Furniture:

Levitz: Will Anyone Love It this Time?
(DBN Subscription Required)

______________

Finance:

Bond Spreads Widen on Fear Factor
(DBN Subscription Required)

______________

Stock Brokers:

E-Trade Financial Corp. Shares Fall
(DBN Subscription Required)

______________

Student Debt:

First Marblehead plunges on TERI credit
(DBN Subscription Required)

______________

Enron:

'Natwest Three' set to enter new plea
(DBN Subscription Required)

______________

Mass Torts:

A&E Losses Halved in 2006; Asbestos Shortfall Nearly Erased
(NYT: separate free registration required)

Asbestos payouts by insurers declining
(DBN Subscription Required)

Ohio Justices to settle conflicting rulings in asbestos-related injury cases
(DBN Subscription Required)

Jury awards $8.2M in asbestos case
(DBN Subscription Required)

New asbestos time-bomb for Hardie
(DBN Subscription Required)

Breaking Down Berkshire's Equitas Deal
(DBN Subscription Required)

______________

Retailing:

Big A Drug Stores Files Chapter 11 (scroll down)
(DBN Subscription Required)

______________

Derivatives:

The Next Dominos: Junk Bond And Counterparty Risk
(DBN Subscription Required)

______________

Discharge:

Slain man's mom loses bankruptcy court discharge challenge against murderer/debtor
(DBN Subscription Required)

______________

Art:

The star show that never was
(DBN Subscription Required)

______________

Labor:

Judge Says Massey Violated Labor Law In Bankruptcy Purchase
(DBN Subscription Required)

Collective Bargaining Agreements and Chapter 9 Bankruptcy
(DBN Subscription Required)

______________

Media:

Eagle Has Landed - in Ch. 11
(DBN Subscription Required)

______________

Hedge Funds:

Two hedgies win big on subprime but most are not so lucky
(DBN Subscription Required)

______________

Accounting:

Deloitte faces huge Ahold claim
(DBN Subscription Required)

Auditing rules OK for now in wake of subprime: EU
(DBN Subscription Required)

______________

Credit Counseling:

Credit Counseling Business Booming
(DBN Subscription Required)

______________

Pensions:

Retirement fund case at Supreme Court may bolster right to sue
(DBN Subscription Required)

______________

 

 

New Bankruptcy Opinions
(1 new opinion today) 

Bankruptcy Court Web/Pacer Site Directory

Chapter 7, 12 & 13 Private Trustee Locator
(DBN Subscription Required)

Recent Ch. 11 Filings
(DBN Subscription Required)

Bankruptcy Jobs:

(1), (2), (3), (4), (5), (6), (7), (8), (9), (10), (11), (12)
(DBN Subscription Required)

_____________

NEW
Claim Trading Alerts
The easy way to monitor
bankruptcy claims trading
30-Day Free Trial

Bankruptcy Short List to Help Creditors
(DBN Subscription Required)

Economy:

Warren: Why Think Small?
(DBN Subscription Required)

Spirals of death
(DBN Subscription Required)

______________

Tech:

SANZ Looks To Bankruptcy Or Sale
(DBN Subscription Required)

______________

Credit Cards:

Subprime cards' high fees can add to debt troubles
(DBN Subscription Required)

______________

Manufacturing:

SNC Seeks Vote on Global Power Ch 11
(DBN Subscription Required)

Improper spending alleged in Tougher filings
(DBN Subscription Required)

______________

Autos:

Delphi accounting fraud probe ends
(DBN Subscription Required)

Chrysler seeks to have Delphi units' sale delayed on supply pacts
(DBN Subscription Required)

The auto business begins to look ugly again
(DBN Subscription Required)

Temp agencies hit hard
(DBN Subscription Required)

______________

Bankruptcy Crimes:

Judge Considers Bankruptcy Fraud Sentence For Venice Civil Rights Attorney
(DBN Subscription Required)

Carona's wife tries to free herself from case
(DBN Subscription Required)

______________

Corporate Reform:

Options trial opens for second former Brocade exec
(DBN Subscription Required)

Backdating case: a conspiracy?
(DBN Subscription Required)

Role of Former Brocade CEO Hovers Over Case Against HR Executive
(DBN Subscription Required)

Peppel pleads innocent to new charges in MCSi case
(DBN Subscription Required)

_____________

UK:

Virgin Wins Government Backing for Northern Rock Bid
(DBN Subscription Required)

Branson's £200m for rescue of Northern Rock
(DBN Subscription Required)

Virgin Flies to Bank Rescue with Hedge Fund Help
(DBN Subscription Required)

The Virgin consortium - who's who
(DBN Subscription Required)

Shareholders Balk at Virgin Bid
(DBN Subscription Required)

Darling Says Failure to Rescue Northern Rock Would Hurt Banks
(DBN Subscription Required)

School of Hard Rocks
(WSJ: separate paid subscription required)

Rock Shares Worth No More Than 40p
(DBN Subscription Required)

RAB holding out for bigger Northern bid
(DBN Subscription Required)

Virgin's Rock bid 'to be blocked'
(DBN Subscription Required)

Arnold leads bidders looking to rival Virgin in battle for Northern Rock
(DBN Subscription Required)

Virgin sees N.Rock BoE loan repaid in 2-3 yrs
(DBN Subscription Required)

Northern Rock's future far from certain
(DBN Subscription Required)

Knives still drawn for Labour on Northern Rock
(DBN Subscription Required)

Bankruptcy becoming 'more socially acceptable'
(DBN Subscription Required)

______________

Italy:

Carrozzeria Bertone seeks bankruptcy protection
(DBN Subscription Required)

______________

Germany:

German banker sees blame for subprime crisis on both sides of Atlantic
(DBN Subscription Required)

German Fin Min Sees Slower Econ Growth
(DBN Subscription Required)

German Business Confidence Unexpectedly Increases
(DBN Subscription Required)

______________

Canada:

Reeling auto-parts companies seeking $400-million infusion
(DBN Subscription Required)

Proliferation of lending stores a signal people are poorer
(DBN Subscription Required)

Staggering poverty report has province listening
(DBN Subscription Required)

Poor Toronto
(DBN Subscription Required)

______________

Japan:

Japan Lowers Assessment of Job Market as Hiring Slows
(DBN Subscription Required)

______________

China:

China could become main supplier of capital
(DBN Subscription Required)

______________

Russia:

Yukos Shareholder Suit Dismissed
(DBN Subscription Required)

______________

 

Please note that the Daily Bankruptcy News is primarily a news link gathering service.   This means that most of the headlines contained in the publication are a collection of links to stories posted on the Internet by various third party publications.  Such content is owned by third party sources, not the Daily Bankruptcy News, and in some cases, these links change or expire, which means you may not be able to view some news stories in prior editions of the Daily Bankruptcy News. The DBN subscription fee for access to certain links is not a fee for access to the content of the links, but is a charge for the considerable work involved in gathering, organizing and presenting the links. Use of this site and The Daily Bankruptcy News is subject to our Terms of Use.If you received the Daily Bankruptcy News via email (and you have a paid subscription account), to view a news story, click on the headline, and the story should open in your web browser. To view additional stories, click back to the email and click on additional headlines, which will cause new stories to open in your web browser.  You can view the Daily Bankruptcy News on the web by clicking here, or by going to BKINFORMATION.COM and clicking on the Bankruptcy News button.  Note that the Daily Bankruptcy News is distributed via "HTML email" in which the links to the news stories are embedded in the headlines.  The email you receive should look like a 3-column newspaper, with headlines for each story. If you receive the Daily Bankruptcy News by email and the copy you receive is not formatted like a 3-column newspaper, or does not seem to contain links to the news stories, you may have an email client that is not capable of receiving HTML email, or is not configured to display such email.  You can however, receive a daily email notifying you when the Daily Bankruptcy News is updated on the web site. If you would like to receive such an email, please let us know at admin@bkinformation.com.You can search the headlines from prior editions of the Daily Bankruptcy News by clicking here.

Advertising
Advertising is available in the Daily Bankruptcy News in a variety of places, formats and prices. Go to http://bkinformation.com/DBN_ADs.htm  for a list of choices.  Feel free to contact us with any questions.

Passwords
Access to certain links in the Daily Bankruptcy News is available only to readers holding a paid subscription.  These links are currently marked with a "DBN Subscription Required" notation. The cost of a subscription is $50/year, payable annually.  Volume discounts are available for sites with multiple users. Click here to see a schedule of discounts. Complimentary subscriptions are available for full-time educational and governmental employees and for full time students. For information about discounts or educational/governmental subscriptions, contact us by clicking here. A separate password is required for each member of a firm wishing access to restricted links. New readers can receive a free password good for 30 days by going to http://bkinformation.com/RegistrationForm.cfm. Readers who wish to change their passwords should go to http://bkinformation.com/ChangePasswordForm.cfm. Readers who have forgotten their password should go to http://bkinformation.com/GetPassword.cfm

Adding Your Email Address To The Distribution List
If you would like to start receiving the Daily Bankruptcy News by email each day, go to http://bkinformation.com/SubscribeDBNForm.cfm  and fill in the information requested.  There is no charge to be placed on the distribution list to receive the headlines, although access to many of the links behind the headlines requires a paid subscription (see above, under Passwords). If, after adding your email address to the distribution list, you do not receive an email confirming the addition, please contact us by clicking here for help.  

Removing Your Email Address From The Distribution List
If you already receive Daily Bankruptcy News by email and you wish to remove your email address from the distribution list, click here and send the email that should appear.  Note that the email must be sent from the same email address at which you are receiving the Daily Bankruptcy News. You do not need to type anything in the body of the email message.   If you do not receive an email confirming deletion of your email address from the distribution list  for the publication, contact us by clicking here for help.

Daily Bankruptcy News is published each business day by BKINFORMATION.COM, L.L.C.  You can reach us at 281-242-6208 or at accounting@bkinformation.com