October 27, 2008

The 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:

Shake-up as lawyers seek to protect profits
(DBN Subscription Required)

O'Melveny Cuts Associate, Staff Headcount
(DBN Subscription Required)

Grim Report Advises Law Firms to Prepare for a Long, Painful Slide
(DBN Subscription Required)

Thelen Chairman Reportedly in Talks to Join Howrey
(DBN Subscription Required)

Judge Orders Ungaretti & Harris to Give Up Bankruptcy Fee
(DBN Subscription Required)

Welcome to the Future: A Tale of Two Cities
(DBN Subscription Required)

Defense Lawyers See Bonanza From Lehman, Bear, Other Collapses
(DBN Subscription Required)

After Freezing Fees, Wal-Mart GC Considers Cutting Associate Billing Rates
(DBN Subscription Required)

Simpson & The Bailout, Redux: Why Risk So Much for So Little?
(DBN Subscription Required)

Fried Frank Turns Holiday Party into a Robin Hood Affair
(DBN Subscription Required)

Adventures in Lawyer Advertising: Sloppy Desk Appeal?
(DBN Subscription Required)

The Law Under Obama
(DBN Subscription Required)

Market Rebound Could Take Five Years, Says Wachtell's Lipton
(DBN Subscription Required)

Which Economic News Do You Want First, the Really Bad or the Disaster-of-Biblical-Proportions-and-Start-Hoarding-Cannned-Goods Kind?
(DBN Subscription Required)

Standardized Work, Cost Cutting Alter GC Relationship With Outside Counsel
(DBN Subscription Required)

More Defections on the Horizon for Departure-Plagued BigLaw Firm
(DBN Subscription Required)

Growth in law offices
(DBN Subscription Required)

Should Disbarred, Suspended Attorneys Be Eligible for Paralegal Work?
(DBN Subscription Required)

Skadden Accuses Broadcom Prosecutor of Grand-Jury and E-Mail Leaks
(DBN Subscription Required)

Lawyers Disbarred for Role in Fen-Phen Settlement
(DBN Subscription Required)

The James Bond of Columbia Law School: Philip Bobbitt
(DBN Subscription Required)

Lonely Lawyers
(DBN Subscription Required)

Lawyer Calendar Prompts Savage Love
(DBN Subscription Required)

Larry Tribe to Feuding Lawyer: 'Flip a Coin and Grow Up'
(DBN Subscription Required)

______________

Judges:

What the 2nd Circuit Chief Judge Really Said About Pro Bono . . .
(DBN Subscription Required)

Judge Indicted for Making Probationers Work on His Property
(DBN Subscription Required)

Judge of the Day: Tena Campbell
(DBN Subscription Required)

______________

Wall Street:

US Futures Fall
(DBN Subscription Required)

Recession fears haunt Asian markets
(DBN Subscription Required)

Japan Stocks Slump, Send Nikkei to 26-year Low, Led by Banks
(DBN Subscription Required)

Hong Kong Stocks Plunge the Most Since 1989 Tiananmen Crackdown
(DBN Subscription Required)

European shares plunge to 5-year lows
(DBN Subscription Required)

U.S. Stocks Slide After Rout Overseas
(NYT: separate free registration required)

'Panic' in US Futures Rattles Investors Worldwide
(DBN Subscription Required)

October 1929 and October 1987: The Link between Buying Stock on Margin and Portfolio Insurance
(DBN Subscription Required)

Preparing for the Worst and the Best
(DBN Subscription Required)

Goldman approached Citi over merger in September
(DBN Subscription Required)

Morgan Stanley Propped Up Money-Market Funds With $23 Billion
(DBN Subscription Required)

FBI Probe of JPMorgan Fees Focuses on Swaps Roiling Muni Debt
(DBN Subscription Required)

Traders relieved despite Dow ending down 4 percent
(DBN Subscription Required)

The Broker Rebellion
(NYT: separate free registration required)

How Washington's Wall Street Bailout Will Boost Bonuses
(DBN Subscription Required)

BofA, Merrill Make Retention Offer To Brokers
(DBN Subscription Required)

CLSA Asks 500 Staff to Take Pay Cuts of Up to 25%
(DBN Subscription Required)

Fresh Tumult as Signs of Recession Go Global
(WSJ: separate paid subscription required)

Recession's dark cloud looms over earnings season
(DBN Subscription Required)

Distortion is the new normal for markets
(DBN Subscription Required)

______________

Corporate Reform:

Next in the Financial Crisis: Possible Criminal Charges
(DBN Subscription Required)

SEC Brings Second-Highest Number of Enforcement Actions in Its History
(DBN Subscription Required)

Baker Botts Defends SOX Board in Key Separation of Powers Case
(DBN Subscription Required)

______________

Banking:

PNC Gets National City in Latest Bank Acquisition
(NYT: separate free registration required)

Ohio-based National City sale follows 2-year slide
(DBN Subscription Required)

Beverly Hills bank to get nearly $400 million in bailout cash
(DBN Subscription Required)

Georgia's Alpha Bank & Trust Fails; Toll Rises to 16
(DBN Subscription Required)

Integrity Bank liquidating in bankruptcy court
(DBN Subscription Required)

The incredible shrinking Citi
(DBN Subscription Required)

Banks, borrowers shoot it out over revolvers
(DBN Subscription Required)

Big banks still paying fat bonuses
(DBN Subscription Required)

______________

Corporate Reform:

They're Shocked, Shocked, About the Mess - Like the boy who cried wolf, corporate and regulatory officials have issued a lot of hogwash over the years
(NYT: separate free registration required)

______________

Hedge Funds:

Citadel reports loss of 35% by main hedge funds
(DBN Subscription Required)

Fed Questions Counterparties About Citadel
(NYT: separate free registration required)

Citadel Projects Calm; Call to Merge the Regulators
(NYT: separate free registration required)

Hedge fund admits 35% plunge in value since downturn
(DBN Subscription Required)

Citadel Chief Denies Rumors of Trouble
(NYT: separate free registration required)

Hedge Fund Withdrawals Stress Market; Citadel Reassures Clients
(DBN Subscription Required)

Hedge Fund Shakeout Looms
(DBN Subscription Required)

The incredible shrinking funds
(DBN Subscription Required)

Hedge funds face pressure from brokers
(DBN Subscription Required)

Colonial Suspends Withdrawals to Curtail Outflows
(DBN Subscription Required)

______________

Newspapers:

Gannett 3Q Profits Down 32 Pct, Signals Job Cuts
(NYT: separate free registration required)

Star-Ledger cuts newsroom staff -- by nearly half
(DBN Subscription Required)

Newspaper companies face pressure from all sides
(DBN Subscription Required)

______________

Mass Torts:

Date set for WR Grace trial
(DBN Subscription Required)

______________

Municipalities:

Financial crisis could force transit agencies to pay billions
(DBN Subscription Required)

States' Tax Receipts Fall Sharply
(WSJ: separate paid subscription required)

______________

M&A:

Deal fears increase as market tanks
(DBN Subscription Required)

Dead Deals: A Weekly Roundup
(DBN Subscription Required)

Deal fears increase as market tanks
(DBN Subscription Required)

______________

Aviation:

Why creditors are finding it difficult to realize value in the recent wave of airline bankruptcies
(DBN Subscription Required)

UAL, Delta Fuel-Hedge Losses May Herald Profits for Airlines
(DBN Subscription Required)

'Alarming' air traffic decline due to global financial crisis
(DBN Subscription Required)

Cheap-seats fans getting a break as economy sours
(DBN Subscription Required)

UK in EU airline insolvencies wrangle
(DBN Subscription Required)

Jet Airways Falls to Record on Biggest Quarterly Loss
(DBN Subscription Required)

______________

Resorts:

Intrawest Refinances $1.7 Billion
(NYT: separate free registration required)

______________

Television:

Downturn could spell the end for Charter
(DBN Subscription Required)

______________

Golf:

Recession hits the country club
(DBN Subscription Required)

______________

Gambling:

Are the Las Vegas Strip casinos facing bankruptcy?
(DBN Subscription Required)

Casino cited as factor in bankruptcies
(DBN Subscription Required)

______________

Sports:

Can Sports Avoid This Recession?
(DBN Subscription Required)

______________

Shipping:

Firefighters better save shipping next
(DBN Subscription Required)

______________

Fashion:

A Label for a Pleather Economy
(NYT: separate free registration required)

______________

Bankruptcy Statistics:

North Georgia business bankruptcy filings surge
(DBN Subscription Required)

______________

Credit Cards:

Credit card spending 'set to fall'
(DBN Subscription Required)

Credit card lawsuits on the rise
(DBN Subscription Required)

Credit card loans for the three largest U.S. card issuers, Chase, BofA and Citi, grew by an average of 5.3% in the third quarter
(DBN Subscription Required)

______________

Financial Literacy:

Financial literacy a way to stay out of debt
(DBN Subscription Required)

Students learning from financial crisis
(DBN Subscription Required)

______________

Telecoms:

Verizon Communications Profit Rises 31% on Wireless Subscribers
(DBN Subscription Required)

______________

 

Economy:

Bernanke Battles `Big-Time' Economic Erosion With New Rate Cuts
(DBN Subscription Required)

Companies competing for bailout cash
(DBN Subscription Required)

Uses for $700 billion bailout money ever shifting
(DBN Subscription Required)

Guru: Worst Yet To Come. Markets Will Close For Two Weeks
(DBN Subscription Required)

Spending Stalls and Businesses Slash U.S. Jobs
(NYT: separate free registration required)

S&P calls US recession, sees contraction in 2009
(DBN Subscription Required)

Fed likely to cut rates again to help sentiment
(DBN Subscription Required)

Asia, Europe reach consensus on financial crisis
(DBN Subscription Required)

The body punches keep on coming
(DBN Subscription Required)

Job Losses Compound the Downturn
(WSJ: separate paid subscription required)

Roubini Says Stay Away from `Risky' Assets, U.S. Dollar
(DBN Subscription Required)

Understanding the Great Depression and avoiding another one are two different things.
(NYT: separate free registration required)

The Price of Optimism
(NYT: separate free registration required)

US Capitalism Faces Change
(DBN Subscription Required)

Severance Packages: On the Chopping Block
(DBN Subscription Required)

UN urges 'drastic' action to help banks and poor
(DBN Subscription Required)

More Weak Data, Hedge-Fund Selling Seen This Week
(DBN Subscription Required)

______________

Real Estate:

Home sales see biggest gain since July 2003
(DBN Subscription Required)

California foreclosures spike 228%
(DBN Subscription Required)

Foreclosure crisis vexes government
(DBN Subscription Required)

A House Auction, Deconstructed
(NYT: separate free registration required)

Upside Down on Their Homes but on Top of Their Debts
(DBN Subscription Required)

Housing Resales Rose 5.5% in September
(NYT: separate free registration required)

CRE: Pain on Horizon
(DBN Subscription Required)

Pompano developer enters Chapter 11
(DBN Subscription Required)

One failed bank gets the housing fix right
(DBN Subscription Required)

Walk-aways trample resale home market
(DBN Subscription Required)

Dear Sane Homeowner: Stop Whining About Your Neighbors. Please.
(NYT: separate free registration required)

Changes needed in mortgage industry
(DBN Subscription Required)
V

______________

Sovereign Debt:

Visualizing national debt
(DBN Subscription Required)

______________

Insurance:

AIG borrowed $72 bln from Fed's revolving credit facility
(DBN Subscription Required)

Does size matter when determining survival of insurers during financial crisis?
(DBN Subscription Required)

Credit Default Swaps: A Brief Insurance Primer
(DBN Subscription Required)

Insurers Are Getting in Line for Piece of Federal Bailout
(NYT: separate free registration required)

U.S. May Widen Bailout to Insurers
(WSJ: separate paid subscription required)

All but a few Brooke insurance agencies close
(DBN Subscription Required)

______________

Oil/Gas:

Oil falls to $63 as investors eye falling demand
(DBN Subscription Required)

May Fall to $40s
(DBN Subscription Required)

Shell, BP May Post Higher Profit; Plans Under Review
(DBN Subscription Required)

OPEC Orders Cut in Oil Production
(NYT: separate free registration required)

Orbit Petroleum Names New President and Amends Chapter 11 Reorganization
(DBN Subscription Required)

Gasoline prices in steepest drop ever
(DBN Subscription Required)

______________

Autos:

Detroit's Big Three Near the Brink
(DBN Subscription Required)

Chrysler to Cut 25% of Salaried and Contract Jobs
(NYT: separate free registration required)

Bankruptcy Fears Rise As Chrysler, GM Seek Federal Aid
(WSJ: separate paid subscription required)

Welfare for Detroit
(DBN Subscription Required)

Should GM and Chrysler try merger?
(DBN Subscription Required)

Could Chinese buy a part of Big Three?
(DBN Subscription Required)

Scuttled Chrysler parts plant an emblem of uncertainty
(DBN Subscription Required)

Michigan braces for job cuts amid Chrysler talks
(DBN Subscription Required)

GM is paying a heavy price for betting too heavily on SUVs
(DBN Subscription Required)

Chrysler, GM Seek Federal Aid Subscriber Content Read Preview
(WSJ: separate paid subscription required)

Cerberus Not Seeking GM Management Changes in Merger
(DBN Subscription Required)

General Motors, Driven to the Brink
(NYT: separate free registration required)

AutoNation shares tumble on debt worries
(DBN Subscription Required)

Dealers cope with a down market
(DBN Subscription Required)

'It's hard' to sell a car these days
(DBN Subscription Required)

GMAC bond repayment is a key test
(DBN Subscription Required)

Plastech liquidation ahead
(DBN Subscription Required)

Peugeot to slash production by 20%
(DBN Subscription Required)

Ukraine's largest carmaker cuts production by 40%
(DBN Subscription Required)

Volkswagen Stock Surges as Porsche Targets 75% Stake
(DBN Subscription Required)

GKN Falls Most in 20 Years as Automotive Business Deteriorates
(DBN Subscription Required)

______________

Finance:

Credit Markets See Signs of Squeeze Again
(NYT: separate free registration required)

Credit markets hit by bank debt guarantee
(DBN Subscription Required)

Treasuries Lose Favor as Corporates Tempt BlackRock
(DBN Subscription Required)

So When Will Banks Give Loans?
(NYT: separate free registration required)

European Money-Market Rates Little Changed on Recession Concern
(DBN Subscription Required)

______________

Mining:

Global financial crisis puts Asarco settlements in doubt
(DBN Subscription Required)

______________

Sovereign Debt:

Officials: IMF revising loans for troubled nations
(DBN Subscription Required)

_____________

Celebs:

Country singer Lorrie Morgan files for bankruptcy
(DBN Subscription Required)

Judge denies mediator in Vick bankruptcy case: "We should start litigation, start the process and see what the real litigable issues are."
(DBN Subscription Required)

______________

Predatory Lending:

Battle over payday loans in Ohio is on
(DBN Subscription Required)

Taking aim at predatory lending
(DBN Subscription Required)

______________

Advertising:

Radio ad sales firm goes bust
(DBN Subscription Required)

______________

Layoffs:

19,683 Tech Layoffs And Counting
(DBN Subscription Required)

GE to Cut Costs, Jobs
(DBN Subscription Required)

______________

Personal Finance:

Garage Sales on Rise With Economic Downturn
(NYT: separate free registration required)

______________

Accounting:

US accountants to see pay rise
(DBN Subscription Required)

PCAOB gives PwC clean bill of health
(DBN Subscription Required)

Securitization's Last Throes?
(DBN Subscription Required)

______________

Credit Counseling:

Counseling seen as little help in bankruptcies
(DBN Subscription Required)

______________

Fraud:

Gitto Global's Trail Of Collateral Damage
(DBN Subscription Required)

The human toll of the Petters case
(DBN Subscription Required)

The Petters-related lawsuits
(DBN Subscription Required)

National Century's Lance Poulsen to Testify at Fraud Trial
(DBN Subscription Required)

______________

Radio:

Worldspace suffers further complications
(DBN Subscription Required)

______________

Corporate Governance:

Shareholders getting tough on pay
(DBN Subscription Required)

Executives caught in margin calls are forced to sell off their companies' stock. So long, aligned interests.
(DBN Subscription Required)

______________

Commodities:

Glencore Credit Risk Soars on Mining 'Fear'
(DBN Subscription Required)

That Goldman commodities U-turn, again
(DBN Subscription Required)

______________

Books:

Book Review: Life after debt
(DBN Subscription Required)

______________

Health Care:

Four Seasons' debt talks enter critical stage
(DBN Subscription Required)

Humana's Profit Falls 39%
(DBN Subscription Required)

Royal Manor seeks liquidation plan OK
(DBN Subscription Required)

Appleridge wins third cash OK
(DBN Subscription Required)

______________

Agriculture:

Farm-Credit Squeeze May Shrink Crops, Spur Prices, Food Crisis
(DBN Subscription Required)

______________

Evidence:

Cross examination into possible bankruptcy fraud did not constitute improper "other crimes" evidence in bank fraud trial
(DBN Subscription Required)

______________

Rules:

Proposed amendments to the Federal Rules of Bankruptcy Procedure released for comment
(DBN Subscription Required)

______________

UCC:

Toxic Debt Holders in Due Course
(DBN Subscription Required)

______________

Recording Industry:

Death Row music assets for sale again
(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)
(DBN Subscription Required)

____________

Retailing:

Some retailers may choose bankruptcy before Christmas
(DBN Subscription Required)

Big Wave of Closures May Swamp Malls
(DBN Subscription Required)

Retail shares in a rut on recession fears
(DBN Subscription Required)

Mervyns fighting to keep bankruptcy control
(DBN Subscription Required)

Fitness retailer files for bankruptcy
(DBN Subscription Required)

RadioShack hits multiyear low after 3Q earnings
(DBN Subscription Required)

Retail Darwinism
(DBN Subscription Required)

______________

Bankruptcy Reform:

Biden win may be loss for biz-friendly Delaware
(DBN Subscription Required)

______________

Lehman:

Lehmans creditors' meeting set for 14 November
(DBN Subscription Required)

Lehman fallout spreads to Santander
(DBN Subscription Required)

Citi hires Lehman's Morton, Gallo
(DBN Subscription Required)

Freddie battles Lehman for $1.2B
(DBN Subscription Required)

Bank delays hit Lehman unwinding
(DBN Subscription Required)

The delicate task of restructuring Lehman begins
(DBN Subscription Required)

Nomura's 'Once in a Generation' Deal May Lead to Historic Loss
(DBN Subscription Required)

BDO net profit down on Lehman exposure
(DBN Subscription Required)

F&C still feeling pain of Lehmans collapse
(DBN Subscription Required)

Lehman fallout hits Japan's vulnerable elderly
(DBN Subscription Required)

Picking through Lehman's remains
(DBN Subscription Required)

Lehman Brothers exodus
(DBN Subscription Required)

______________

Politics:

Disfavor With Palin Grows; Economy Keeps Boosting Obama
(DBN Subscription Required)

Paper: John Kerry wants New Deal II
(DBN Subscription Required)

Obama: Constitution 'reflected fundamental flaw of this country that continues to this day'
(DBN Subscription Required)

Does the Democrats' stimulus package make economic sense?
(NYT: separate free registration required)

McCain: Hold off on more aid to auto industry
(DBN Subscription Required)

'Trickle-Up' Economics May Decide US Election
(DBN Subscription Required)

Which candidate's plan would best ease the mortgage crisis?
(DBN Subscription Required)

McCain: Obama's Judges Would Coddle Criminals
(DBN Subscription Required)

Obama, McCain Face Most Pressure Since FDR to Speed Transition
(DBN Subscription Required)

Obama hasn't held press conference 'in more than month'
(DBN Subscription Required)

______________

Movie Industry:

Hollywood feeling pinch amid economic worries
(DBN Subscription Required)

______________

Pensions:

US pension funds face worst losses
(DBN Subscription Required)

Calpers Sells Stock Amid Liquidity Strains
(WSJ: separate paid subscription required)

______________

Food/Drink:

Mrs. Fields Emerges from Bankruptcy
(DBN Subscription Required)

Trying to find the beef at Metromedia Steakhouses
(DBN Subscription Required)

Cheesecake Factory shares fall to 8-year low
(DBN Subscription Required)

BJ's Restaurants shares drop to 5-year low
(DBN Subscription Required)

Pilgrim's Pride at end of temporary credit line
(DBN Subscription Required)

Krispy Kreme HK creditors to meet, seek liquidation
(DBN Subscription Required)

______________

Derivatives:

When it comes to CDS, retailers are the new financials
(DBN Subscription Required)

Market swings expose Chinese offshore derivatives trades
(DBN Subscription Required)

In a spin from global unwind
(DBN Subscription Required)

______________

UK:

£50bn wiped off the value of Britain's top 100 companies
(DBN Subscription Required)

Bank of England May Need to Consider One-Point Cut, Davies Says
(DBN Subscription Required)

UK Will Use 'Whatever Means Necessary' to Spur Bank Lending
(DBN Subscription Required)

Don't expect to find a banker down at bankruptcy court
(DBN Subscription Required)

Banks only care about themselves... and their own?
(DBN Subscription Required)

Hotels begin to feel the pinch
(DBN Subscription Required)

Woolworths lenders call in Deloitte
(DBN Subscription Required)

Banks seize homes over credit card debt
(DBN Subscription Required)

Persimmon to Book $1 Billion in Writedowns on Slump
(DBN Subscription Required)

FDs expect stagnant economy for next two years
(DBN Subscription Required)

Hopes of interest rate cut rise
(DBN Subscription Required)

The 227% interest rate credit card designed to help families this Christmas
(DBN Subscription Required)

Recession is just for starters
(DBN Subscription Required)

Brown Set to Increase UK Borrowing to Cushion Economic Slump
(DBN Subscription Required)

R-word becomes reality
(DBN Subscription Required)

______________

Brazil:

Brazil nerves focus on bank; stocks plunge again
(DBN Subscription Required)

______________

Japan:

Mitsubishi UFJ Poised to Fall on Capital-Raising Speculation
(DBN Subscription Required)

Yosano Says Banks May Need Capital Injection of 10 Trillion Yen
(DBN Subscription Required)

Tokyo Housing Is Set for 'Full-Blown' Drop
(DBN Subscription Required)

Japan retail investor sentiment remains pessimistic
(DBN Subscription Required)

BOJ May Buy Shares Owned by Banks
(DBN Subscription Required)

______________

Thailand:

Fewer bankrupts now, but for how long?
(DBN Subscription Required)

______________

Argentina:

Argentine opposition to pension bill grows
(DBN Subscription Required)

______________

Canada:

Proposed Changes To The Bankruptcy And Insolvency Act
(DBN Subscription Required)

Banks can seize licenses of bankrupt fishermen, Supreme Court rules
(DBN Subscription Required)

Bankruptcies rise as real estate values drop
(DBN Subscription Required)

______________

Iceland:

Russia continues talks on stabilization loan to Iceland
(DBN Subscription Required)

Iceland to Get $2 Billion IMF Loan
(WSJ: separate paid subscription required)

Long-term consequences may be ruinous for Iceland
(DBN Subscription Required)

Iceland Kaupthing Defaults on Samurai Bonds as Yields Hit 450%
(DBN Subscription Required)

______________

Middle East:

Financial tempest spreads to Gulf states
(DBN Subscription Required)

Saudi Stocks Join Global Rout
(WSJ: separate paid subscription required)

Global Financial Storm Hits Persian Gulf
(WSJ: separate paid subscription required)

Gulf Bank May See Loss as Derivatives Contracts Sour
(DBN Subscription Required)

______________

S. Korea:

South Korea makes emergency rate cut
(DBN Subscription Required)

______________

Mexico:

Doubts grow over Mexican companies' debt repayments
(DBN Subscription Required)

______________

Australia:

Australia, New Zealand Dollars Slide on Global Recession Fears
(DBN Subscription
Required)

Australian CEO Salaries Surged 96% in 6 Years to 2007
(DBN Subscription Required)

______________

Ukraine:

IMF, Ukraine Reach Agreement on $16.5 Billion Loan
(DBN Subscription Required)

______________

Germany:

German Business Confidence Declines to Five-Year Low
(DBN Subscription Required)

German Ifo's Sinn Slammed for Comparing Bank Managers to Jews
(DBN Subscription Required)

______________

India:

Unitech Blames 'Criminal' Speculators For 50% One-Day Decline
(DBN Subscription Required)

In India, Global Crisis Is Not All Bad News: One Industry Sees Opportunities, Lessons
(DBN Subscription Required)

Bad loans weigh on India's top banks
(DBN Subscription Required)

______________

Asia:

Sharp Downturn in Asia Nears
(WSJ: separate paid subscription required)

______________

Hungary:

IMF says Hungary to get 'substantial financing package'
(DBN Subscription Required)

______________

Lithuania:

Lithuanian Economy Grows at Slowest Pace in Nine Years
(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 281-402-3957 or at accounting@bkinformation.com (email inquiries are usually answered substantially more quickly than phone inquiries).