October 8, 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:

Large Calif. Firms Contemplate Raising Salaries Again
(DBN Subscription Required)

Managing Partners Say Being the Boss Bites
(DBN Subscription Required)

Best 10 Blogs for the Law Firm Managing Partner
(DBN Subscription Required)

Freshfields' Restructuring Marks a Break With the Past
(DBN Subscription Required)

More Questions Loom for Mukasey
(DBN Subscription Required)

Law firm to pay $27.5-million settlement
(DBN Subscription Required)

Age suit could raise bar
(DBN Subscription Required)

Sidley 'Partner' Payout: Up to $1.8 M
(DBN Subscription Required)

Sidley Austin LLP Settles Age-Discrimination Suit
(WSJ: separate paid subscription required)

Firm Produces Online Book
(DBN Subscription Required)

Proskauer Offers Us Everything We Need to Know About International Litigation
(DBN Subscription Required)

White & Case's New Management Structure May Leave Out London
(DBN Subscription Required)

Police Kill Church Deacon Who Shot 5, Killing 2, at La. Law Firm
(DBN Subscription Required)

BigLaw Firm Axes Staff, Cuts Profit Forecast
(DBN Subscription Required)

Judge Puts the Kibosh on $1.4 Million Verdict Against Texas Firm
(DBN Subscription Required)

736 NY Lawyers Face Suspension for Not Paying Biennial Fees
(DBN Subscription Required)

Fewer lawsuits charge securities fraud
(DBN Subscription Required)

Woman wants apology after court scans bra
(DBN Subscription Required)

Lawyer Accused of Road Rage Killings
(DBN Subscription Required)

Will The Hammer Bring Down the Hammer on The Hammer?
(DBN Subscription Required)

Morgan Lewis's Michael Clayton
(DBN Subscription Required)

______________

Economy:

Greenspan says economic growth slowing...
(DBN Subscription Required)

The Slow Motion Recession
(DBN Subscription Required)

______________

Wall Street:

Goldman Record Income Shows New Wall Street in Market Shakeout
(DBN Subscription Required)

$3 bln writedown eyed for J.P. Morgan, Bank of America
(DBN Subscription Required)

Merrill Lynch posts first loss since tech boom
(DBN Subscription Required)

A Big Loss at Merrill Stirs Unease
(NYT: separate free registration required)

ABN Amro Deal's Feast of Fees
(NYT: separate free registration required)

______________

Ethics:

Report: Beshear's Firm Should Have Withdrawn From Bankruptcy Case
(DBN Subscription Required)

Law firm says report exonerates it in handling Kentucky Central Life
(DBN Subscription Required)

______________

Health Care:

What doomed Pascack Valley Hospital?
(DBN Subscription Required)

Hyannis doctor in bankruptcy court
(DBN Subscription Required)

Troubled AmbuMed shuts down North Carolina operation
(DBN Subscription Required)

Former hospital management company files for bankruptcy
(DBN Subscription Required)

Desperately seeking medicare
(DBN Subscription Required)

______________

Credit Cards:

The drastic cost of plastic
(DBN Subscription Required)

Credit card crunch coming
(DBN Subscription Required)

Delinquencies for managed credit card outstandings headed north in August
(DBN Subscription Required)

Life Only Takes Visa, You Losers
(DBN Subscription Required)

Priceless? The Costs of Credit Cards
(DBN Subscription Required)

______________

Student Debt:

New law gives some students a break
(DBN Subscription Required)

Stop profiting from student debt
(DBN Subscription Required)

______________

Theme Parks:

Deal called off for defunct theme park
(DBN Subscription Required)

Adventure Parks Seeks OK for Ch. 11 Plan
(DBN Subscription Required)

______________

Food/Drink:

Recall forces NJ meat firm to close doors
(DBN Subscription Required)

______________

Utilities:

Calpine urges court to keep consulting firm on Chapter 11 case
(DBN Subscription Required)

______________

Debt Collection:

Debt collectors can't wait forever to hit you with suit
(DBN Subscription Required)

______________

Layoffs:

Buyouts on the upswing
(DBN Subscription Required)

______________

Tax:

Check those tax shelters: Senate pushes for tighter rules, eyeing 'economic substance.' Or lack thereof
(DBN Subscription Required)

______________

 

Autos:

Chrysler, UAW Resume Negotiations on Contract Modeled After GM
(DBN Subscription Required)

Chrysler's Auto Workers Set Oct. 9 Strike Deadline
(DBN Subscription Required)

UAW ties will tell in Chrysler, Ford talks
(DBN Subscription Required)

UAW, Chrysler See Some Gains in Talks
(DBN Subscription Required)

Ford, Chrysler and the unions
(DBN Subscription Required)

GM plan illuminates crisis in health care
(DBN Subscription Required)

New GM slogan? Viva the VEBA
(DBN Subscription Required)

The GM-UAW deal: Too little too late?
(DBN Subscription Required)

Appaloosa sets deadline on Dana financing offer
(DBN Subscription Required)

Delphi lawyers, advisers ask court to approve $65M in fees
(DBN Subscription Required)

______________

Economy:

Jobs: A September Shocker
(DBN Subscription Required)

Job growth is weaker than it looks.
(NYT: separate free registration required)

______________

Enron:

Securities case could impact Enron bank lawsuit
(DBN Subscription Required)

Can Shareholders Sue Third Parties?
(WSJ: separate paid subscription required)

Lawyer liability
(DBN Subscription Required)

Colorful Comparisons Show Fraud Case's Implications
(DBN Subscription Required)

Roe Vs. Wade For The Securities Industry
(DBN Subscription Required)

Unclassy action
(DBN Subscription Required)

______________

Movie Industry:

Movie Gallery nears bankruptcy
(DBN Subscription Required)

Movie Gallery to file Chapter 11, WSJ says
(DBN Subscription Required)

______________

Celebrities:

Britney Spears on verge of bankruptcy
(DBN Subscription Required)

Death casts pall on historic bluegrass strings
(DBN Subscription Required)

______________

Software:

Novell to SCO - Pay Up
(DBN Subscription Required)

______________

M&A:

Impact Of M&A Slowdown Has Yet To Be Determined
(DBN Subscription Required)

______________

Religion:

Parishioners, priests asked to pay a share
(DBN Subscription Required)

San Diego Diocese Seeks Donations
(DBN Subscription Required)

California priests donate to help pay for abuse settlement
(DBN Subscription Required)

______________

Furniture:

State seeks to delay Bombay decision
(DBN Subscription Required)

______________

Mining:

Asarco, in bankruptcy court, asks to add to pension
(DBN Subscription Required)

______________

Forest Products:

Supes to block PALCO plan?
(DBN Subscription Required)

______________

Telecoms:

Court appoints bankruptcy trustee for USVI media company
(DBN Subscription Required)

______________

Pensions:

PBGC Takes Over Underfunded Best Manufacturing Pension Plan
(DBN Subscription Required)

______________

Judges:

On the Horizon: More Powers for Some Federal Judges?
(DBN Subscription Required)

______________

Hedge Funds:

Hedge-Fund Woes Draw in Bargain Hunters
(WSJ: separate paid subscription required)

Australian banks to hand over documents to Cayman fund liquidators (scroll down)
(DBN Subscription Required)

Futures Group backs Amaranth's request for delay
(DBN Subscription Required)

______________

Predatory Lending:

Quick cash, but at what cost?
(DBN Subscription Required)

Operation Financial Freedom
(DBN Subscription Required)

______________

Mass Torts:

Malpractice Claim Targets Bay Area Asbestos Attorney
(DBN Subscription Required)

Those Mercky Vioxx Waters Keep Getting Clearer
(DBN Subscription Required)

______________

Accounting:

KPMG tax shelter trial starts
(DBN Subscription Required)

______________

Lessons To Be Learnt From The Perfect Storm
(DBN Subscription Required)

Crash reaction: from 'stupefaction' to sleepless nights
(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)

______________

Creditor battle looms over property collateral
(DBN Subscription Required)

Bankruptcy Reform:

MBA Not Fond of Proposed Bankruptcy Legislation
(DBN Subscription Required)

Conyers' bankruptcy bill is bad for business
(DBN Subscription Required)

______________

Waiting on troubled times
(DBN Subscription Required)

Real Estate:

Subprime mortgage slipping into default at rapid pace
(DBN Subscription Required)

Subprime lender sued under predator law
(DBN Subscription Required)

The American Dream in Reverse
(NYT: separate free registration required)

A New Mortgage 'Cop'
(WSJ: separate paid subscription required)

Mortgage Enforcement Targets Lawyers
(DBN Subscription Required)

Will One Of The Home Builders Go Bankrupt?
(DBN Subscription Required)

Congress struggling to address mortgages
(DBN Subscription Required)

TransLand's bankruptcy trial now set for Oct. 19
(DBN Subscription Required)

Washington Mutual is another card down
(DBN Subscription Required)

The American Dream turns into a debtor's nightmare
(DBN Subscription Required)

Loan crisis shifts to DC as fast action for homeowners urged
(DBN Subscription Required)

Mortgage Slump Hits Home Decor Industry
(DBN Subscription Required)

WL Ross & Co. wins bid for loan-servicing business
(DBN Subscription Required)

FDIC to mortgage servicers: Freeze ARM rates
(DBN Subscription Required)

Judge reluctantly allows sale of First Magnus assets
(DBN Subscription Required)

Dodd says feds need to help avert foreclosure crisis
(DBN Subscription Required)

Empty condo a symbol of lost dreams
(DBN Subscription Required)

Job losses mount as real estate declines
(DBN Subscription Required)

______________

Municipalities:

Edcouch residents unite to keep city running as it battles bankruptcy
(DBN Subscription Required)

______________

Aviation:

American Seeks to Halt Worker Pay Raises
(DBN Subscription Required)

AMR's Long-Term Solution Needs to Gain Some Altitude
(WSJ: separate paid subscription required)

After merger, US Airways flusters fliers
(DBN Subscription Required)

Delta may fly into new turbulence
(DBN Subscription Required)

Midwest Air sale delayed
(DBN Subscription Required)

______________

Bankruptcy Statistics:

Arizona's bad debt sees rise from '06
(DBN Subscription Required)

______________

UK:

BoE drops Freshfields over Northern Rock
(DBN Subscription Required)

No cause for conflict
(DBN Subscription Required)

Freshfields defends position over Northern Rock mandate
(DBN Subscription Required)

Outrage over fall-out from Debtmatters
(DBN Subscription Required)

Citigroup poised to throw Northern Rock £10bn lifeline
(DBN Subscription Required)

Northern Rock board could keep their jobs
(DBN Subscription Required)

Heart of steel in banker who wants the Rock
(DBN Subscription Required)

Predicting Business Failure: An Application of Multicriteria Decision Aid Techniques in the Case of Small UK Manufacturing Firms
(DBN Subscription Required)

Ahold ex-CEO pays retailer €5m
(DBN Subscription Required)

Not Much You Can Do But Watch the Consumer Debt Crash Coming
(DBN Subscription Required)

Thousands of London workers face layoff
(DBN Subscription Required)

______________

EU:

European Restructurings this time round
(DBN Subscription Required)

______________

Germany:

Deutsche Bank pays over 150 mln eur damages due to Holzmann bankruptcy
(DBN Subscription Required)

______________

Canada:

Seaway saga settled
(DBN Subscription Required)

Excessive Attorney Mortgage Fees: "I Almost Lost My Home"
(DBN Subscription Required)

______________

Israel:

Israel seeks Boaz Yona's extradition
(DBN Subscription Required)

______________

Spain:

Spanish Real Estate companies in crisis
(DBN Subscription Required)

______________

South Africa:

Debtors pay millions in illegal fees
(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