October 11, 2007

Daily Bankruptcy News

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Law:

Squire Sanders Names Stephen D. Lerner as Head of Firmwide Bankruptcy and Restructuring Practice
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Lawyers Ask to Schedule Bankruptcy Hearings Around Kids' Calendars
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Pepper Triples Size of NY Office
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Large Firms vs. Small Firms
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You Say You Want a Big-Law Revolution, Take II
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CTO (Chief Talent Officer) to Shepherd Associates
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Michael Clayton and Senior Associates
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What Goes Around Comes Around
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The S&C Bonsai Tree: Ready for Its Close-Up
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Fake Lawyer at Prestigious NY Firm Comes Clean in Court
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Jolly Old London Firm Wins Suit by Cranky Old Partner
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A Victory for Common Sense (& Freshfields)
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Disappointed Bloxham may appeal landmark case
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Giuliani law firm sued by high profile Texan
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Beverly Hills Boutique Agrees to Merger With Dreier Stein & Kahan
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Gonzales Hires Defense Lawyer to Represent Him in DOJ Inquiry
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Lawyer convicted on p---/fraud charges says attorneys were ineffective
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Judge refuses to let lawyer leave corruption case
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Bonus Watch: Philadelphia
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It's Legal Week on A.Word.A.Day!
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Cleary Gottlieb Tops Diversity Rankings
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Law Firm Diversity: Who's Naughty, Who's Nice?
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We Search, Therefore, We Bill
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Correcting the Mismeasure of Firms
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Economy:

Fed Signals No Rush to Lower Interest Rates Again
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Credit crunch may not lead to recession
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Effect of credit turmoil likely to be contained-IMF
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Horse Racing:

Jockeys' Guild Considering Bankruptcy Protection
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Mining:

Massey: Overturn $76M Judgment
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Hedge Funds:

Hedge fund advisor pays $8M in SEC case
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British hedge funds propose giving more information to investors
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Accounting:

KPMG names 134 new partners in Class of 2007
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Investors lay down law on liability caps
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Religion:

Bankruptcy filing details debt of St. Alban's Episcopal School
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Horse Racing:

Senate blasts Spitzer's NYRA plan
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Credit Cards:

Credit-card firms not always forthright
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Bankruptcy Crimes:

Paralegal gets 2 years for stealing using bankruptcy checks
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Retailing:

Retailers have begun to post generally weak same-store-sales figures for September and some cut bottom-line expectations
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Valuation:

Bankruptcy Court Relies on Market Approach to Determine Prepetition Solvency
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Autos:

Auto Union Workers Walk Out at Chrysler
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Happy Ending To Detroit Drama
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Chrysler-UAW Contract Ends Strike, Echoes GM Accord
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Can Chrysler rewrite the labor rules?
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Cerberus, UAW plot new course
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Chrysler strike challenges Detroit business model
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Suppliers may feel pinch under new Chrysler deal
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'Quickie' strikes puzzling
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For Chrysler Workers, Worries About 'Strip and Flip'
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Gettelfinger has to flex workers' muscle
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Chrysler's settlement may bode ill for Ford
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Strike shockingly brief: No one knew how Cerberus would react
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Cerberus's Invisible Hand in Chrysler Talks
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Union using all of its weapons
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Remy Gets Court's OK on Financing
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Dura Bankruptcy Offers Executives $60 Million, Bondholders Zero
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Dana dispute with US may stall other creditors
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David Stockman Says a 'Reckless' Board Sank Collins & Aikman
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Oil/Gas:

NAESB Contract Not Protected By Bankruptcy Code Safe Harbor Provisions
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Real Estate:

US Home Foreclosures Doubled in September, RealtyTrac Says
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US housing foreclosures dropped in September
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US lenders agree on plan to aid struggling homeowners
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More renters face eviction as landlords fall behind on mortgage payments, sending properties into foreclosure
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U.S. Existing Home Sales May Drop to Five-Year Low
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Mortgage industry miseries mount
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Banks should step into subprime vacuum: Boston Fed's Rosengren
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Democrats and White House Split Over Mortgage Relief Plans
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Countrywide help for borrowers falls short, critics say
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Stock Sales by Chief of Lender Questioned
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Foxtons allowed to seek bids for home listings
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Oxford Homes asks court to throw out case
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Fremont Gains After Harbinger Takes Stake in California Lender
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Foreclosed Homes Flood Auction
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Study says lenders lost money last year
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Risky mortgages were made in nearly every part of the U.S.
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The United States of Subprime
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New Moves in Washington to Ease Mortgage Crisis
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Mall Bankruptcy Complicates 1031 Investors' Problems
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Judge halts higher Pa. mortgage bills after bankruptcy
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Paulson in drive to ease subprime "pain"
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California housing sales, prices to keep falling in 2008
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Creditors start weighing options in Enterprise bankruptcy case
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Lawsuit accuses GSR of fraud
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Global Home Files Plan to Reorganize
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Politics:

Former judge defends Beshear in Kentucky Central case
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Bankruptcy Reform:

Top Time Wasters in the Bankruptcy Process
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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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Lynn LoPucki and Douglas Baird Discuss Bankruptcy Fire Sales
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Mass Torts:

Bankruptcy Court Recommends Confirmation Of Narco And GIT Chapter 11 Plans
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FM bankruptcy exit eased
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Health Care:

Kessler faces financial disclosure deadline in local takeover bid
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AMH cutting nursing positions
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Bayonne loan to give Medical Center breathing room
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Corporate care's cold reality
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Movie Industry:

Movie Gallery Holders May Get 5% in Bankruptcy Plan, People Say
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Aviation:

American pilots: We'll see you 'on the picket line'
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Fighter pilots ready for action
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Corporate Reform:

Brocade's legal bills for stock option lawsuit are outpacing company profits
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Nacchio Files His Great American Appeals Brief
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Lawyer Likely to Turn Witness in Ex-Client's Stock Fraud Trial
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Presumption: The honest hire attorneys too
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Means Testing:

New Median Income Table Goes Into Effect as of October 15, 2007
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Private Equity:

Private Equity Fund-Raising Shows No Signs of Slowing
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Food/Drink:

Brewery could be worth $58 million
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Mark II closes two restaurants
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Finance:

Next debt collapse: LBO loans?
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Exemptions:

Exemption Planning: Selling an Asset Before Bankruptcy to Avoid Losing It
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Layoffs:

House chairman offers a tougher WARN Act
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Wall Street:

Goldman CDO, CLO Holdings Fall 53 Percent in Quarter (Update1)
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Holding of Debt Securities Falls Again at Goldman
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Weird News
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UK:

Northern Rock Jumps After Hedge Fund Buys 4% Stake
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Here comes the repo man
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Japan:

BOJ keeps rates steady
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Israel:

An attorney's advice in wake of Heftsiba fiasco
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Cayman Islands:

Offshore: Cayman credits
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