October 10, 2007

Daily Bankruptcy News

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Law:

Katten Muchin Adds Co-Chair Of Bankruptcy Section
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Texas Lawyer Magazine Names "Go To" Texas Bankruptcy Lawyers (scroll down)
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Bankruptcy Top Gun Lenny Parkins Bolsters Haynes and Boone's NY Practice
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Ex-NY Name Partner Pleads Guilty in Kickback Scheme
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Pleading of the Day, Starring Weil Gotshal
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Long Days, No Vacation?
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Moving from BigLaw to MegaLaw
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Does It Pay To Work for Biglaw?
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Weird Email of the Day
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Pay Raise Watch: Ballard Spahr Raises
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Have Law Firm Salary Hikes Spread to In-House?
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Qualcomm Lawyers Late to Search Laptop
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Sidley Hates on Old People, Reality TV Stars
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Sullivan & Cromwell - Bonsai Trees!
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Defuse Firm Fear and Disarm EDD Vendors
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Justices Appear Skeptical of Investor Class Actions in 'Stoneridge' Case
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Chief US justice questions 3rd-party lawsuits
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Key Justices Resist 3rd-Party Liability In Securities Suits
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In Stoneridge arguments, Supreme Court Justice Kennedy plays typical role of "man in the middle," with secondary liability hanging in the balance
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Shareholder Suits Against Vendors, Banks Questioned
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Attorney Bares All for Photo Shoot
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Tomorrow the World?: Firms Debate Global Strategies
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Blank Rome Makes Major Leadership Changes
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Elements of Effective Law Firm Orientation
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RICO Claims Against Lawyers Survive, for Now, in Long-Running Attorney-Client Dispute
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OCC Attorney Says Fax Will Prove to Be Former Greenberg Partner's Downfall
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Ballard Spahr Fails to Halt Gender Discrimination Claim
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Light Dawns on Starr at High Court
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Lawyer Runs TV Ads Questioning Competitor's Credentials
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Judge Points To Lawyer's Antics In Junking $1.2 Million Ruling
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Blinded teen seeks to compel use of unpublished court rulings
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Should Courts Issue Unpublished Opinions?
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Error in major case tied to federal judge nominee
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All eyes on India
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President Johnson Orders Pants From Joe Haggar
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Entertainment:

Koch Records in Bidding War for Death Row Records
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Mass Torts:

Lawyer's Assistant Wore Wire for FBI in Fee Scam Case, Defense Claims
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Firm Probed on Asbestos Claim Billing
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EU Tiptoes Toward Mass Torts
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Theme Parks:

Offers made on two more rides from Wild West
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Corporate Reform:

Revisiting Olis' injustices: Will anyone listen yet?
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SEC's corporate finance chief says companies still fall short in disclosing executive comp
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Autos:

UAW contract with GM a mix of old and new
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Workers challenge GM health care plan
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How UAW Sells GM Deal
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Chrysler, UAW Bargain as Strike Deadline Approaches
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Chrysler Seen as Able to Absorb the Effect of a Short Strike
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Chrysler workers prepare for worst
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Chrysler plans more cuts as deadline looms
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Chrysler May Deepen White-Collar Job Cuts, People Say
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Chrysler, UAW talks go past contract expiration
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Barclays, Hedge Funds to Finance Remy
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Cadence-Delphi Case Could Change Venue
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Student Debt:

Sallie Mae Sues Investors for Buyout Offer Withdrawal
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Utilities:

Entergy Seeks a Rate Increase in La.
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Global Power settles dispute with creditor
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Economy:

FOMC Members Were All In Favor Of A Rate Cut In September
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Hiring Outlook Dims
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Refco:

Refco trusts say Thomas H. Lee, Grant Thornton sued
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Real Estate:

Warren: Hate Mail
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Thornburg Raises Loss Estimate From Mortgage Sales
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With $1.6 billion in debt, home builder Tousa hires Lazard to review capital structure
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AHM: Investor probe hurts sale
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Subprime questions hinder mortgage security valuations
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Chapter 13 trustee commission can skew the numbers
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Subprime poor practice risks turning to malpractice
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Homeowners Hurt By Taking Exotic Mortgages
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Mortgage applications rose last week
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How to lose your home in a few easy steps
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Credit Reporting:

Watchdog Groups Push for Credit Freeze
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Banking:

Attorney's trial tied to Hamilton Bank fraud case
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Tax:

Senate Snoops Around Risky Tax Positions
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Telecoms:

Patent settlement not Vonage's lifeboat
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Pensions:

Senator Clinton Proposes Universal 401(k) Plan
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Food/Drink:

Mark II chain files for Chapter 11
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Interstate Bakeries reports larger loss
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Bankruptcy Statistics:

Colorado's Bankruptcy Cases on the Rise
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New Bankruptcy Opinions
(2 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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Rewards come to those who wait for companies to run into trouble
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Software:

Novell: SCO Trial Should Continue to Resolve $26 Million Matter
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Hedge Funds:

Some hedge funds may misreport returns
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Senate might not vote to raise taxes on buyout firms
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New Private-Equity Bill Gains Ground in Congress
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Obama, Edwards bash lobbyists over private equity taxes
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Aviation:

New pilots union leaders blister American's Arpey in letter
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Scathing letter signals decaying relations
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New union leaders vow tough approach at United
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Economy:

More see economy as top problem
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Fed Left Plans for Further Cuts Dependent on Data
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Credit Cards:

Credit card debt is ready to blow
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Card Spending Grows 8.1% in August
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Duck, Duck, Duck . . . Bankrupt!
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Credit Counseling:

Defaulting on trust
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Wall Street:

US stocks rally to new heights on Fed minutes
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Travel:

Windjammer cruise line struggles to sail out of financial woes
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Health Care:

Will decision on Kessler be worth the wait?
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Kessler Foundation filing bankruptcy plan with court
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Westwood hospital may get a lifeline
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Pascack Valley Hospital supporters rally to keep hospital open
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Company buys former hospital
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'Junior' Johnson is back in court
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UK:

Houses of cards
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Bankruptcy agency seals £20m IBM deal
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New bail-out is bad news for Bank of England
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King dashes hopes of emergency rate cut
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Australia:

Loan pain pushes up bankrupt numbers
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Victorian insolvencies hit record
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Personal debt worse than during Great Depression
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Sub-prime impact yet to show up
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