September 12, 2007

Daily Bankruptcy News

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Law:

Judge Denies $4.2M in Bonuses for Northwest Bankruptcy Lawyers
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"These guys are making a ton of money. It's obscene. They're hogs slopping at the trough of corporate greed."
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Dorsey & Whitney Picks Up Two Bankruptcy Partners
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Bust Times for 'Tickle Me Corp. Associates'?
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San Antonio Judge Pens Report Urging Law Clerk Cost-Cutting
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If It Sounds Too Good To Be True, It Probably Is
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Perk Watch: Rewards for Big Billers
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Summer Associate Bonuses
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Big-Firm Alumni Have Van, Will Practice
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Former Partner Sues Firm, Partner for Alleged Groping at Party
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3rd Circuit Judges Grill DOJ Attorney in CBS 'Wardrobe Malfunction' Case
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Attorney Fees: To Advance or Not to Advance?
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Automating Document Production for Greater Efficiency
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Judge Faces Discipline for Disparaging Remark on the Bench
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Large law firms are hiring MBAs
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BigLaw Firm's Driving Force Steps Down
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Scooter Libby Faces Loss of Pennsylvania Law License
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Lawyer of the Day: Paul Tvetenstrand
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Alternative Billing: An Opportunity?
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Big-Law Resume 101
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Say What?1
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Autos:

Why Wagoner Is Key in UAW Talks
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Automakers take talks down to the wire
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Deal Between UAW, Big Three Automakers Uncertain, Insiders Say
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GM's deal guru at table
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As GM considers job cuts, UAW negotiations get tense
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Official shrugs at factory job losses
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Auto Talks Stuck in Gear
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Dana's union decision was disappointing
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UAW goals, automakers' reality clash
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VEBAs vital to UAW clout
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Auto retirees fear health care shift
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Ford Reintroduces Model T Line That Made It Great (satire)
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'Mini-hearings' held at Delphi
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What if Goodyear closed?
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How GM Could Unload a Burden
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Health Care:

Hundreds rally in support of Bayonne Med Center
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Americans paying more for health care
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Kessler receives low marks in state hospital report
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AMH hires CFO, has new contract with nurses
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Orange County TX official locks up Liberty EMS ambulances
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Wall Street:

Judges order US lower court review of IPO fee case
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Confidence in a Rate Cut Feeds a Rally
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Stocks are poised to slide Wednesday
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A Sad Tale of Wall Street's Orphans
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Credit Crunch Will Mean More Companies Go Bust, Moody's Says
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Is The Default Rate On High-Yield Debt About To Double?
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California State Courts Continue to Validate Assignments for the Benefit of Creditors
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Economy:

Bernanke Says 'Saving Glut' Still Helps Lower Rates
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Fed's conflicting words don't shake faith in rate cut
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Fed Chief Calls for Efforts to Balance World Trade
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The party's over for American consumers
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Larger Message Emerges From Summer Jobs Slump
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Bernanke sees rising global rates
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Bernanke refuses to show hand on interest rate cuts
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Corporate default rate drops in August, but Moody's sees a spike
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Cold turkey for financial addiction
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Like 1987 and '98? Greenspan's way off base
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CFOs' Optimism Plummets to Six-Year Low
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Group: Housing woes may cause recession
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Real Estate:

Realtors Cut Forecast, Say Slump Will Extend to 2008
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Real Estate Deals Are Feeling the Credit Pinch
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Workouts Keep Real Estate Lawyers Busy
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Shopping Centers Begin to Feel Ripples of Housings' Ills
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Troubled Lenders May Chill Once-Hot Market
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Mortgage mess unleashes chain of lawsuits
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Home Loan Demand Rises as Interest Rates Tumble
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GMAC Gets New $21 Billion Loan Deal
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Bankruptcy For One Couple Means Running a Brothel
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Countrywide Shares Fall on Report Lender Needs Cash
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F.T.C. Warning on Loan Ads
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Tough love needed to survive market turmoil
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Housing seer says there's worse to come
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Countrywide shares drop on report of more trouble
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Home builders are putting up fewer supersize homes and offering smaller floor plans to lure buyers by keeping prices low
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Mortgage Lender's Bankruptcy May Threaten Thousands of Homeowners
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Suits Follow Mortgage Meltdown
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Aviation:

Judge denies US$4.2 million in lawyer bonuses for Northwest bankruptcy
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US Airlines Must Cut Delays or Face Schedule Limits, FAA Says
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Continental Makes $50 Million Pension Payment
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Golf:

Bankruptcy Judge Gives Running Horse an Extension
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Running Horse: Two more weeks of jockeying
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Hedge Funds:

Pirate Capital Bars Withdrawals From Two Activist Hedge Funds
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Hedge funds not cause of Aug turmoil-regulators
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Barclays bails out third SIV fund
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Citigroup's Old Lane Hedge-Fund Unit Declined 5.9% in August
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Horse Racing:

Racing Group Says Review of Track Bid Was Tainted
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Asset Protection:

Hidden Risk In Asset Protection Of Real Estate
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New Bankruptcy Opinions
(No 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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On Bankruptcy
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Credit constraints likely to up level of corporate bankruptcies
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Food/Drink:

Judge OKs Custom Food Bankruptcy Plan
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Bankruptcy Statistics:

Ariz. bankruptcies top 1000 in August
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Utilities:

Calpine doesn't reach shareholder deal
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Horse Racing:

NYRA Still Owes $1 Million to Feds
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Corporate Reform:

Ex-CEO of Comverse Technologies Loses Bid to Block Forfeiture of Citigroup Assets
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Former Kidder Bond Trader Ordered to Pay $8.4 Million
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Suit on Underwriter Fees Gets New Life
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Accounting:

U.S. Prosecutors Plan New Indictment in Tax Shelter Case
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Theme Parks:

Bank backs off efforts to seize Wild West rides
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Theme park proposal gets mixed response
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Forest Products:

Palco creditors push bankruptcy resolution
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Personal Finance:

When you can't afford your life
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Bankruptcy Reform:

Lenders should have been careful about what they asked for
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Tax:

FIN 48 Shocker
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Mass Torts:

Shackled Fen-Phen Lawyers Seek Release, Judge Says No
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With interest, O'Quinn to pay $41.4 million
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UK:

Bankruptcies double in two years
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Who to blame for the culture of debt and bankruptcy
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Trinidad & Tobago:

Bankruptcy Bill on way to Senate
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Canada:

Loonie's rise has Sears squeezing suppliers for millions
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Japan:

Japan August Corp Bankruptcy Cases Up 27.3% On Year
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