September 4 , 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:

Law firms recruiting bankruptcy specialists
(DBN Subscription Required)

Advice For One Ls
(DBN Subscription Required)

Scott Turow: Welcome To the Law, One Ls!
(DBN Subscription Required)

Chicago Law Firm Launches Advisory Group to Assist Banks and Mortgage Lenders Facing Demands to Repurchase Defaulted Mortgages
(DBN Subscription Required)

After I-35W bridge collapse, lawyers promptly pounced
(DBN Subscription Required)

Getting Along With Your Secretary
(DBN Subscription Required)

Attorney's lien survived client's bankruptcy
(DBN Subscription Required)

DOJ Seeks to Recover From Gonzales' Tenure
(DBN Subscription Required)

Making Peace in the Law School War Against Technology
(DBN Subscription Required)

How do in-house counsel go about selecting new outside lawyers?
(DBN Subscription Required)

Law Clerk Cost-Cutting Has Judges Up in Arms
(DBN Subscription Required)

DLA Piper Wants 'Global Real Estate' Practice
(DBN Subscription Required)

Say What?!
(DBN Subscription Required)

At 11th Circuit, What Happens at Oral Argument Stays at Oral Argument
(DBN Subscription Required)

A Talk With Steve Agnoli, CIO of K&L Gates
(DBN Subscription Required)

Alston & Bird Plans: TX, Maybe CA, London
(DBN Subscription Required)

Distressed Mergers & Acquisitions, Teleglobe's' Implications For Attorney-Client Privilege
(DBN Subscription Required)

Mandatory Retirement for Lawyers
(DBN Subscription Required)

______________

Art:

The credit crunch shaking up Wall Street is extending to the big-money world of art-backed loans
(WSJ: separate paid subscription required)

______________

Banking:

Banks Back Buyback Boom
(DBN Subscription Required)

TNR on the OCC
(DBN Subscription Required)

20% of Americans paid overdraft fees over the past year
(DBN Subscription Required)

______________

Economy:

Stocks Jump on Housing, Fed Optimism
(DBN Subscription Required)

Bernanke Keeps 'Em Guessing
(DBN Subscription Required)

Few Expect a Panacea in a Rate Cut by the Fed
(NYT: separate free registration required)

How to predict the next meltdown
(DBN Subscription Required)

The contagion spreads
(DBN Subscription Required)

______________

Telecoms:

Motorola Didn't Mislead Iridium Investors, Judge Says
(DBN Subscription Required)

______________

Oil/Gas:

Optima Services International Ltd. Has Filed an Involuntary Chapter 11 Petition Against Truestar Petroleum Corporation and Truestar Barnett LLC
(DBN Subscription Required)

______________

Cash Management:

Over $500 mil. missing at Sentinel: regulators
(DBN Subscription Required)

Search is on for Sentinel assets
(DBN Subscription Required)

______________

Labor:

It's Not Easy Being Super-Rich
(DBN Subscription Required)

______________

Rating Agencies:

Volume in credit raters' subprime role debate climbs; S&P president is out
(DBN Subscription Required)

______________

Mining:

Asarco, unions achieve harmony
(DBN Subscription Required)

Arco trying to get out of Mike Horse Dam removal
(DBN Subscription Required)

______________

Corporate Reform:

Defense isn't resting in white-collar work
(DBN Subscription Required)

______________

Wood Products:

NYSE suspends Pope & Talbot stock
(DBN Subscription Required)

Scotia Pacific Co. to take on logging costs for Pacific Lumber Co.
(DBN Subscription Required)

______________

Health Care:

Hospital halts suits by creditors
(DBN Subscription Required)

Biotech firm files for bankruptcy
(DBN Subscription Required)

Hospital Stocks Still Bedridden
(DBN Subscription Required)

America's uninsured
(DBN Subscription Required)

______________

Bankruptcy Reform:

How's It Hanging?
(DBN Subscription Required)

______________

Credit Reporting:

FICO takes some heat for the subprime mess
(DBN Subscription Required)

______________

Marilyn Miglin sues man claiming he defrauded her of millions
(DBN Subscription Required)

 

Autos:

UAW members speak out about strike vote
(DBN Subscription Required)

For UAW, a Year of Uncertainty
(NYT: separate free registration required)

Delphi Settles Fraud Suit
(DBN Subscription Required)

Delphi Investors Win $342.1 Million Fraud Settlement
(DBN Subscription Required)

Delphi posts $169 million net loss for July
(DBN Subscription Required)

Auto stock could fund health deal
(DBN Subscription Required)

UAW negotiator: GM retirees won't pay higher health care fees
(DBN Subscription Required)

AFL-CIO plans to lobby for universal health care via '08 corporate proxies
(DBN Subscription Required)

Dana Corp. Files Bankruptcy Exit Plan
(DBN Subscription Required)

Ghosn Accelerates Low-Cost Initiative
(WSJ: separate paid subscription required)

Chrysler, Nardelli stare down oblivion once more
(DBN Subscription Required)

General Motors signals even more truck production cuts
(DBN Subscription Required)

______________

Real Estate

Trustee: Bar American Home Law Firm (Cadwalader)
(DBN Subscription Required)

Citigroup unit and Deloitte are sued over subprime lender's share issue
(DBN Subscription Required)

Subprime bond investors blase on Bush mortgage plan
(DBN Subscription Required)

Ameriquest, a Subprime Lender, Is Closing
(NYT: separate free registration required)

Bernanke Says Fed Is Prepared to Act
(NYT: separate free registration required)

Mortgage rescue plans unpopular with some
(DBN Subscription Required)

Bush Offers Relief for Some on Home Loans
(NYT: separate free registration required)

Bush Hits Just Right Note in Facing Housing Mess
(DBN Subscription Required)

Experts predict Bush plan will have modest impact on mortgage market's credit crunch
(DBN Subscription Required)

Major bailout is unlikely on sub-prime mortgages
(DBN Subscription Required)

Bush to the Rescue, Sort Of
(DBN Subscription Required)

The Mortgage Domino Effect
(DBN Subscription Required)

Bush mortgage plan still needs lawmaker support
(DBN Subscription Required)

Rescuing Mortgage Holders
(DBN Subscription Required)

Builders grow cautious as demand fades
(DBN Subscription Required)

Accredited Home Soars
(WSJ: separate paid subscription required)

Accredited Rejects Lone Star Offer, Pursues Lawsuit
(DBN Subscription Required)

Accredited shuns new buyout bid as no deal
(DBN Subscription Required)

Cash-Out Refis: The Missing Actor in the Subprime Drama
(DBN Subscription Required)

S&P cuts H&R Block on mortgage unit sale concerns
(DBN Subscription Required)

Judge pushes lawyers to wrap up First Magnus liquidation quickly
(DBN Subscription Required)

Trump Tower Money Deadline Passes
(DBN Subscription Required)

Housing Woes Hit Remodeling
(DBN Subscription Required)

Some homeowners find themselves trapped in market downturn
(DBN Subscription Required)

Risky lending spoils dreams for many homebuyers
(DBN Subscription Required)

Down payments soar for Hawaii mortgages
(DBN Subscription Required)

Troubled TransLand puts CFO on administrative leave
(DBN Subscription Required)

Home Solutions says short seller's charges aren't true
(DBN Subscription Required)

For some, a chance to refinance despite default
(DBN Subscription Required)

Data sifters help dishonest mortgage lenders find prey
(DBN Subscription Required)

First Magnus asks to get out of leases
(DBN Subscription Required)

First Magnus loans finding new homes
(DBN Subscription Required)

______________

Wall Street:

Wall Street bonuses are expected to drop this year as a result of the subprime crisis, credit crunch and market unrest
(WSJ: separate paid subscription required)

______________

Aviation:

Hawaiian Airlines says Mesa Air executive destroyed evidence
(DBN Subscription Required)

Fear & Loathing At The Airport
(DBN Subscription Required)

Grinstein's Last Day at Delta
(DBN Subscription Required)

Seeking peace at Northwest
(DBN Subscription Required)

______________

Predatory Lending:

Bush right to focus on predatory loans
(DBN Subscription Required)

______________

Enron:

Surviving Enron - And Thriving
(DBN Subscription Required)

Nemo Filleted: Judge Scheindlin Rules that Good Faith Purchasers of Claims in Bankruptcy Need No Longer Choke on the Personal Disabilities of the Claims Transferor
(DBN Subscription Required)

______________

Intellectual Property:

Ignored License Agreements Do "Ride Through"
(DBN Subscription Required)

______________

 

New Bankruptcy Opinions
(No new opinions 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)

______________

Bankruptcy Claim Auctions
Trade Receivable Exchange
Sell your Chapter 11 claim to the highest bidder
Are You Getting the Best Price?

Attorney Files Bankruptcy Wrongly
(DBN Subscription Required)

Pensions:

Subprime Crisis Casts Shadow on Pensions
(DBN Subscription Required)

The End of Retirement
(DBN Subscription Required)

______________

Hedge Funds:

Judge OKs some of hedge fund Bayou bankruptcy settlement
(DBN Subscription Required)

Falling Fortress under siege
(DBN Subscription Required)

Synapse Shuts Fund Because of Market `Illiquidity'
(DBN Subscription Required)

Should unsophisticated investors be allowed to invest in hedge funds?
(DBN Subscription Required)

______________

Student Debt:

Reeling In the College-Bound
(DBN Subscription Required)

______________

Utilities:

Calpine posts July loss after small June profit
(DBN Subscription Required)

______________

Religion:

Diocese awaits bankruptcy fate
(DBN Subscription Required)

Prayer is only a start to solving mortgage woes
(DBN Subscription Required)

Diocese places priest on administrative leave after allegations
(DBN Subscription Required)

______________

Private Equity:

CFOs still like private equity as a destination even after market meltdown
(DBN Subscription Required)

______________

Beauty Products:

Miglin sues Mellon in costly joint venture
(DBN Subscription Required)

______________

Horse Racing:

Spitzer Will Choose NYRA To Run Racing
(DBN Subscription Required)

______________

Credit Cards:

Credit card companies woo struggling mortgage-holders
(DBN Subscription Required)

Credit-card firms see defaults soar
(DBN Subscription Required)

Lawmakers may crack down on credit fees, penalties
(DBN Subscription Required)

______________

Corporate Governance:

An Ace in the hole for vulnerable ex-directors?
(DBN Subscription Required)

______________

Cross-Border:

Chapter 15 International Bankruptcy Protection Isn't Automatic
(DBN Subscription Required)

______________

Debtor who claimed dementia caused contradictory testimony gets second chance
(DBN Subscription Required)

Don't Be Afraid of Bankruptcy
(DBN Subscription Required)

UK:

Battered Barclays May Lose ABN Bid
(DBN Subscription Required)

Insolvency Statistics in the Second Quarter 2007
(DBN Subscription Required)

Brits naive about IVAs
(DBN Subscription Required)

Repossessions 'could hit 45000' next year
(DBN Subscription Required)

Creditors On The Edge of Big Losses From Individual Voluntary Arrangement (IVA) Complaints
(DBN Subscription Required)

U.S. Energy May File for Bankruptcy
(DBN Subscription Required)

London cashflow in worst lending crisis since 1998
(DBN Subscription Required)

Driven to despair by debt
(DBN Subscription Required)

Alliance & Leicester Unit Doesn't Hold US Subprime
(DBN Subscription Required)

______________

Canada:

Hollinger Inc.: Court Order Extends Stay Under CCAA Proceedings
(DBN Subscription Required)

Canadian financial services industry most vulnerable to subprime fallout
(DBN Subscription Required)

______________

Russia:

Rosneft Looks to Beat Debt Crunch
(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