September 10, 2007

Daily Bankruptcy News

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Law:

Out-of-Town Firms Import Talent to Boost N.Y. Efforts
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Andrews Kurth Spells Out Raises, Bonuses for More Senior Associates
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A Primer for Partners: How To Screw Associates Out of Pay Raises
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Pay Raise Watch: More on Locke Liddell
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It Is Time to Turn Up the Heat on Billing Attorneys
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Perk Watch: Tickets to Sporting Events
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Plagiarizing Lawyer Sent to Law School By Bankruptcy Judge
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Digital Dialogue Revs Up at Top Firms
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Lawyer Courtesy Rule Overturned
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Five-Lawyer Boutique Is Calif. Governor's Go-To Firm
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Law students seek a more reasonable work/life balance at law firms - before they even start working at one
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Dispute Between Broadcom and Qualcomm Provides Window Into World of Big Legal Fees
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Jamail & Haynes - octogenarian legal masters
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Lawyer and Two Judges He Bribed Are Sentenced to Prison
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The Fall Of A Litigator
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It's Always Sunny in Philadelphia (At Least You'd Think So With All the National Firms Opening Offices There)
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Will Michael Chertoff Be the Next Attorney General?
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Are Plaintiffs Attorneys Becoming Targets?
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Study Looks at Female Lawyers' Careers
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Why Life-Tenured Judges Look for Where the Grass Is Greener
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Can you pass the Critical Thinking test of a Global Law Firm?
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Judge Says Picture of Jesus in Court Okay Because He's a Figure in Legal History
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How Should a Federal Appellate Court Decide Whether an Appeal Should Be Orally Argued?
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If a Picture's Worth a Thousand Words . . .
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Lawsuit! is a Game to NY Lawyer
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Say What?!
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Wall Street:

Stocks Tumble as Job Report Leads Investors to Shift to Bonds
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CEOs to market: You buy, I'll sell
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Stocks decline expected to continue
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Risk rules! (As long as it's someone else's)
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Credit crunch threatens advisors - Corporate finance fees could dry up
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Autos:

Chrysler Hiring Spree May Not Be Over
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Chrysler chief clears air on LaSorda's role
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Hopes high for talks, turnaround
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Nardelli brags on VIP recruits, game plan
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Chrysler Chief Sees Link of Housing to Car Sales
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That New Car Company Smell
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Harley Davidson warns of tough ride
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Tax:

US Congress debates raising tax on private equity and hedge funds
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New IRS ruling on loan losses may add to credit woes
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Taxing time for H&R Block and Jackson Hewitt
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Rating Agencies:

Ratings agencies in line of fire
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Insurance:

Subprime unlikely to cause big insurance claims
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Some major title insurers are seeing claims rise sharply, reflecting stress points in the nation's real-estate market
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Layoffs:

Planning for and Implementing Work Force Reductions
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Telecoms:

CEO's false promise to turnaround Motorola
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Trustees:

Credit Bid Cannot Be Included in Chapter 7 Trustee's Compensation
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Bankruptcy History:

No Fortune for the War's Famous Photographer
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Class Action Suit Drives Scammers Into Bankruptcy
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Federal Court Upholds Equitable Subordination
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Autos:

Dana files its map to exit bankruptcy
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Economy:

Unexpected Loss of Jobs Raises Risk of Recession
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Warning clouds build
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Bad News Puts Political Glare Onto Economy
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Employment Unexpectedly Drops in August
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Fed has cover to cut rates, if it wants it
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Fed Shouldn't `Overweight' Loss of Jobs
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Crunch may hit consumer
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Economic questions multiply
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Congress and Recession
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Religion:

Frustration, then relief as two sides struck deal
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San Diego Diocese Settles Lawsuit for $200 Million
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Davenport Diocese uses ads to find abuse victims
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Insurer doesn't have to pay for pastor's sex charge defense
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Enron:

Enron's Skilling asks court to throw out all his convictions
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You Must Tell Jeff Skilling He's a Money Laundering Criminal At Least Two Times Before He Will Believe You
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Celebrity:

Pearlman loses homes in bankruptcy
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Judge grounds Lou Pearlman's plans to cruise
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Everything must go: McLean's assets go on the auction block
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Aviation:

Northwest's CEO says airline is stable following bankruptcy
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Pilots union wants action to back Northwest's words
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Security Aviation bankruptcy case takes on new status
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ATA still flying in red
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Corporate Reform:

SEC Stumbles on Privilege Waivers
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Fugitives, Listen Up! A Q & A With An Arrest Warrant Expert
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Debt Collection:

Judge Reprimanded for Jailing Couple Over Debt
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Private Equity:

Debt strain unclogs PIPEs
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Corporate Governance:

Creditors May Not Assert Direct Claim for Breach of Fiduciary Duty
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Hedge Funds:

Will Beazer Homes be this hedgie's Waterloo?
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Hedge fund turmoil tars hot art market
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'Merle Hazard' sings the hedge-fund blues
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Golf:

Owner to try again to sell golf course
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Student Debt:

Another Type of College Education
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Avoidance Actions:

Equipment Delivery Not 'New Value' Under Preference Defense
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Accounting:

It's all been adding up for forensic accountants
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Mark-to-market warning sounded
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Brain drain could hit SarbOx compliance
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Banking:

Loan Buyer Not Liable to Participants When Lead Bank Fails to Pay
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Class Action Fraud Verdict Against Lenders Upheld
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Food/Drink:

Teamsters Break Off Negotiations With Interstate Bakeries Corporation
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How Far Does Post-Confirmation Bkrtcy Ct Jurisdiction Reach? Not Very
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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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Bankruptcy Claim Auctions
Trade Receivable Exchange
Sell your Chapter 11 claim to the highest bidder
Are You Getting the Best Price?

Real Estate:

Countrywide May Fire as Many as 12000 as Mortgage Demand Wanes
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Countrywide cuts heighten loan crisis
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Warren: The Poop on Foreclosures
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Schumer to Seek Mortgage Funding Boost
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U.S. Housing Collapse May Bypass Some Markets: John F. Wasik
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Bush, Bernanke and a bad bailout
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Should Congress bail out borrowers in trouble?
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Inside the Upside-Down World of the Short Sale
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Beazer Shares Fall After Receiving Default Notices
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Citigroup arm closes door on strangers
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How to avoid getting rich
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Homeowners unwittingly face foreclosure
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South Florida mortgage firms lay off hundreds of workers
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The double life of First Magnus
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First Magnus heard assurances near collapse
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1st Magnus made many risky loans in Arizona
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Creditors eye Kara makeover
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Slump in the US housing market hurting Realtors
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Subprime business ethics
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WARN Act Class Action Status Sought in Aegis Mortgage Company Bankruptcy
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Countrywide Reaps What It Sowed
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Nuggets in subprime rubble
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Rate of home loans entering repossession hits high
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IndyMac to cut 1000 jobs
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Former Bankruptcy Attorney Sentenced in Mortgage Fraud Scheme
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IWT Tesoro Files for Bankruptcy
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Recent Repo Developments - The Risk of Leaving Anything in the Seller's Possession
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Bankruptcy Reform:

Union Backs Overhaul of Corporate Bankruptcy Law
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Health Care:

Victory Memorial gets 50/50 chance
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Enron:

The Curious Case Of Skilling's Really Long Appellate Brief
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Theme Paks:

Cypress Gardens must be sold because of bankruptcy requirements
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UK:

The age of disaster capitalism
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Russia:

Police Raid Alfa Over Sodbiznes Bankruptcy
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Investors in Approach Over Yukos
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Yemen:

Bankruptcy prisoners to be released before Ramadan
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New Zealand:

Bankrupt living it up
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Japan:

Japan markets plunge on 1.2% GDP slump
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Egypt:

Egyptian culture hampers business, bankruptcy criminal
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Cayman Islands:

Cayman 'letterbox' companies not protected from US Law
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