February 2, 2009

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:

K&L Gates: The New Godzilla of BigLaw?
(DBN Subscription Required)

Law Firm Merger Mania: K&L Gates and Bell Boyd Merge
(DBN Subscription Required)

The legal eagles bagging Wall Street's unindicted (and indicted) elite.
(DBN Subscription Required)

A&O flies in the face of trend with plan to hike fees
(DBN Subscription Required)

ABA May Amend Ethics Rules on Conflicts
(DBN Subscription Required)

Legal profession's elitism gap gets wider
(DBN Subscription Required)

Billable Hours Giving Ground at Law Firms
(DBN Subscription Required)

The NYT's Obit for the Billable Hour
(DBN Subscription Required)

Balanomics?
(DBN Subscription Required)

White & Case London office bears brunt of NY lag
(DBN Subscription Required)

Bankruptcy on the rise, lawyers say
(DBN Subscription Required)

Bankruptcy Lawyer Advertising Spike Follows CLE Mad Dash
(DBN Subscription Required)

The Business of Bankruptcy
(DBN Subscription Required)

Quinn Is Rolling In It
(DBN Subscription Required)

Lawyers Burned in Ponzi Schemes
(DBN Subscription Required)

Are You Smarter Than A Bankruptcy Trustee?
(DBN Subscription Required)

Dorsey & Whitney 2008 Revenue Flat
(DBN Subscription Required)

Sonnenschein's Revenues Inch Up, Profits Down 12 Percent As Partners Prep for Vegas Retreat
(DBN Subscription Required)

Firm Fires Staffers, Freezes Associate Pay
(DBN Subscription Required)

Layoff Watch: Fish & Richardson Officially Announces Cuts
(DBN Subscription Required)

One Firm Axes 106 Staffers, Another 30
(DBN Subscription Required)

The Layoff List
(DBN Subscription Required)

Economic Hell Coming in 2009 for Big Law Firms
(DBN Subscription Required)

The End of Biglaw as We Know It?
(DBN Subscription Required)

Economic Storm Hits Lawyers Hard But ‘Unhappy Work’ Offers New Opportunities
(DBN Subscription Required)

Hedging Your Bets In Uncertain Times
(DBN Subscription Required)

Predicting the Unpredictable Future of In-House Legal Teams
(DBN Subscription Required)

NY Lawyers' Moods Reflect the Gloomy State of the Economy
(DBN Subscription Required)

Law Firm Mergers Populate First Quarter of 2009
(DBN Subscription Required)

How to Flub a Job Interview
(DBN Subscription Required)

Start Date Watch: Longer summers for new associates in 2009?
(DBN Subscription Required)

Indictment: Marc Dreier Used Fraud Proceeds to Support Lavish Lifestyle
(DBN Subscription Required)

Dreier Indictment Reveals His Fondness for Salma Hayek
(DBN Subscription Required)

On Depthlessness in the Face of Depth
(DBN Subscription Required)

Dreier 'Luxurious Life' Was on Display at Firm
(DBN Subscription Required)

Former Dreier Partners Could Face Liability, Say Ethics Experts
(DBN Subscription Required)

Lack of Legal Research Costs Company an Extra $80K
(DBN Subscription Required)

Awaiting Attorney General, DOJ Begins Stocking Its Ranks
(DBN Subscription Required)

Weekend in Davos: Banking Titans, Putin and Lawyers
(DBN Subscription Required)

Twitter Becoming ‘Incredibly Mainstream for Lawyers’
(DBN Subscription Required)

‘Bride Wars’ Character Appears to Be a Ropes & Gray Lawyer
(DBN Subscription Required)

Good Exclusive Parking Lots Make Good Neighbors
(DBN Subscription Required)

Two More Alleged Victims Sue Pellicano
(DBN Subscription Required)

The ten most important management concepts for general counsel
(DBN Subscription Required)

______________

Judges:

To Nudge, Shift or Shove the Supreme Court Left
(DBN Subscription Required)

States and Judicial Recusal: Alabama AG Troy King Has His Say
(DBN Subscription Required)

Justice Alito urges public service
(DBN Subscription Required)

Judge Kent gets negative info sealed
(DBN Subscription Required)

______________

Wall Street:

US Futures Drop
(DBN Subscription Required)

Street Braces for Rush of Corporate, Economic Data
(DBN Subscription Required)

World stocks fall on economic outlook
(DBN Subscription Required)

Corporate gloom hits Tokyo shares
(DBN Subscription Required)

Worst January on Record for Stocks
(DBN Subscription Required)

Wall St faces moment of truth over pay, perks
(DBN Subscription Required)

February Blues After the Worst of Januarys -- As investors tallied their losses at the end of 2008, they comforted themselves with the thought that at least things could not get much worse. But yes, they can
(DBN Subscription Required)

Obama: Wall Street 'Arrogance and Greed' Won't Be Tolerated
(DBN Subscription Required)

A new low for corporate greed
(DBN Subscription Required)

It’s Not the Bonus Money. It’s the Principle.
(DBN Subscription Required)

On Wall Street, New Reality on Pay Sets In
(WSJ: separate paid subscription required)

Ending Wall Street's Bonus Madness
(DBN Subscription Required)

______________

Newspapers:

LA Times to cut 300 jobs in latest round
(DBN Subscription Required)

3 Philly-Area Dailies Will Drop Saturday Paper
(DBN Subscription Required)

Lee Orders Chain-Wide Wage Freeze, 401(k) Match Halt While 'Post-Dispatch,' Others Add Furloughs
(DBN Subscription Required)

MediaNews Group Unpaid Furloughs Spreading
(DBN Subscription Required)

Journal Register Sells Pennsylvania Paper, New Owner Shutters
(DBN Subscription Required)

A.H. Belo Chooses Layoffs -- 500 of Them - Over Furloughs, Pay Cuts
(DBN Subscription Required)

Why Don’t People Trust Newspapers?
(DBN Subscription Required)

______________

Advertising:

NBC sells out Super Bowl ads for record $206M
(DBN Subscription Required)

______________

Municipalities:

Birmingham law firm disputes statements from member on events behind Jefferson County Commission's hiring of lobbyist
(DBN Subscription Required)

Governors Try to Embrace Fiscal Adversity
(DBN Subscription Required)

Californians looking for the exit
(DBN Subscription Required)

States Weigh Tax Breaks to Woo Jobs
(DBN Subscription Required)

A State With a Wish List for Stimulus Spending
(DBN Subscription Required)

Detroit's Deficit Dilemma
(DBN Subscription Required)

______________

Sovereign Debt:

"The I.M.F. does not have enough money for what is coming"
(DBN Subscription Required)

S&P Reduces Madagascar Credit Rating Outlook to ‘Negative’
(DBN Subscription Required)

______________

Autos:

Despite auto incentives, sales to drop
(DBN Subscription Required)

Ford May Seek Distressed Debt Swap With Bondholders
(DBN Subscription Required)

Ford's the Strongest of the US Automakers: So What?
(DBN Subscription Required)

Ford’s Worst Year May Signal Industry Need for More US Aid
(DBN Subscription Required)

Future uncertain for Ford
(DBN Subscription Required)

Contech, US Auto-Parts Maker, Seeks Bankruptcy
(DBN Subscription Required)

All May Not Be Lost for the American Car
(DBN Subscription Required)

Will Family's 4th Generation at GM Be Its Last?
(DBN Subscription Required)

GM Aims to Avoid Hefty Taxes
(WSJ: separate paid subscription required)

GM Is Said to Be Seeking US Help to Avert $7 Billion Tax Bill
(DBN Subscription Required)

GM's $35 billion albatross
(DBN Subscription Required)

Ford's Still Riding on Rims
(DBN Subscription Required)

American Axle loss widens, shares plunge
(DBN Subscription Required)

Chrysler Is Hobbled By Former Finance Arm
(WSJ: separate paid subscription required)

Folding dealers shock car buyers with unpaid liens
(DBN Subscription Required)

Creditors file bankruptcy petition against Darrow III
(DBN Subscription Required)

Auto suppliers turn to medicine
(DBN Subscription Required)

SKD woes highlight predicament of parts makers
(DBN Subscription Required)

Global slowdown puts brakes on Asian auto sector in 2009
(DBN Subscription Required)

Toyota to Cut Sales Forecast for This Year
(DBN Subscription Required)

Honda Cuts Managers' Pay to Cope With Slow Sales
(DBN Subscription Required)

______________

Fashion:

The recession shows in Paris high fashion
(WSJ: separate paid subscription required)

______________

Bonds:

Bond prices rally as GDP slows
(DBN Subscription Required)

______________

Trucking:

YRC CEO: Volume May Be Bottoming; Rules Out Bankruptcy
(DBN Subscription Required)

Flying J keeps travel plaza plan
(DBN Subscription Required)

Volvo, Scania to See Profit Drop as Truck Glut Widens
(DBN Subscription Required)

______________

Bankruptcy Statistics:

WNY Bankruptcy Filings On The Rise
(DBN Subscription Required)

Along with job losses, bankruptcies in WI rise
(DBN Subscription Required)

HI Bankruptcy Filings Rise 75 Percent
(DBN Subscription Required)

Growing number resorting to bankruptcy
(DBN Subscription Required)

______________

Sales:

Business booming for auction houses
(DBN Subscription Required)

Liquidators Making Lemonade
(DBN Subscription Required)

Besieged companies selling off parts to stay whole
(DBN Subscription Required)

______________

Telecoms:

Chapter 12 will help company keep isle residents connected
(DBN Subscription Required)

______________

Distressed Investing:

Meet the bankruptcy barons who turn bust into boom
(DBN Subscription Required)

______________

Mining:

State of mining is bad, but it could get worse
(DBN Subscription Required)

Auto woes hit Washington mines
(DBN Subscription Required)

Grupo Mexico posts loss in fourth quarter of 2008
(DBN Subscription Required)

_____________

Finance:

Protectionist Wave Could Reduce Lending
(WSJ: separate paid subscription required)

______________

Derivatives:

Private Equity and Derivatives - Double Whammy or Blissful Combo?
(DBN Subscription Required)

______________

Defaults:

Bond default rates to get worse, says Altman
(DBN Subscription Required)

Three more corporate bond defaults
(DBN Subscription Required)

_____________

Celebs:

Lawyer: Vick could go to halfway house ‘any day’
(DBN Subscription Required)

______________

Education:

Private schools feeling the pinch
(DBN Subscription Required)

Educational endowments—a.k.a. the smart money—drubbed in Street retreat
(DBN Subscription Required)

_____________

Tax:

UBS Tax Probe Fallout Exacerbated by Swiss Pressure in Bailout
(DBN Subscription Required)

______________

Bankruptcy Fees:

New Poverty Guidelines Posted
(DBN Subscription Required)

______________

Economy:

Obama Says US Economy Facing Several ‘Tough’ Months
(DBN Subscription Required)

'Years, Not Months'
(DBN Subscription Required)

Economy Dives as Goods Pile Up
(DBN Subscription Required)

USA set for 'big bang' financial clean-up
(DBN Subscription Required)

Obama to first unveil TARP rules
(DBN Subscription Required)

Women needed to solve financial crisis
(DBN Subscription Required)

GOP leaders doubt stimulus bill will pass Senate
(DBN Subscription Required)

Obama Predicts Support From G.O.P. for Stimulus Proposal
(DBN Subscription Required)

Stimulus Package to Grow in Senate
(DBN Subscription Required)

A Stimulus Plan With Dual Goals: Reform and Recovery
(DBN Subscription Required)

Stimulus Legislation, Breakdown by States
(DBN Subscription Required)

Welfare System Failing to Grow as Economy Lags
(DBN Subscription Required)

Risks Are Vast in Revaluation of Assets
(DBN Subscription Required)

Roubini: 'Risk of a near-depression shouldn't be underestimated'
(DBN Subscription Required)

Global financial crisis sparks unrest
(DBN Subscription Required)

Risks Are Vast in Revaluing Tainted Assets
(DBN Subscription Required)

Recession Can Change a Way of Life
(DBN Subscription Required)

From Shock to Action
(DBN Subscription Required)

The Big Fix
(DBN Subscription Required)

Bad bank fix wins support -- at a cost
(DBN Subscription Required)

Bad bank, bad pricing?
(DBN Subscription Required)

How Bad? Jobs Data Offer a Clue
(DBN Subscription Required)

Economists: 'Painful' Waiting for the Worst
(DBN Subscription Required)

GDP Data Show Pain of U.S. Slump Abroad
(DBN Subscription Required)

Business investment plunges in fourth quarter
(DBN Subscription Required)

Davos finds no answers to crisis
(DBN Subscription Required)

Spotted: Bankrupt Companies On The Red Carpet
(DBN Subscription Required)

The Davos Man is supposed to be gracious and civil. Not this year
(DBN Subscription Required)

‘Grimmest’ Davos Ever Brings Anger, Finger-Pointing at Bankers
(DBN Subscription Required)

I spent three days searching for an optimist at Davos
(DBN Subscription Required)

World heads for 'water bankruptcy ', says Davos report
(DBN Subscription Required)

Recession comes late but hits hard in Peoria
(DBN Subscription Required)

World Leaders Wary of U.S. Economic Measures
(DBN Subscription Required)

Opinion: Government Prolonged Depression
(DBN Subscription Required)

______________

Real Estate:

New York City Real Estate in ‘Dramatic Slowdown,’ New Report Says
(DBN Subscription Required)

Option ARMs: Bigger Problems (and More Lawsuits) Ahead
(DBN Subscription Required)

Fisher Island: Still a Refuge, but Not From the Downturn
(DBN Subscription Required)

$100,000 houses reappear in FL city
(DBN Subscription Required)

US Mortgage Time Bomb Needs Defusing Yesterday
(DBN Subscription Required)

A Month Free? Rents Are Falling Fast
(DBN Subscription Required)

For Home Buyers, More Bank Roadblocks
(DBN Subscription Required)

Freddie Mac To Start Leasing Foreclosed Homes
(DBN Subscription Required)

Fan-Fred Criticized on Rental Policy
(DBN Subscription Required)

Fearing Rate Spike, Local Banks Turn To Fannie
(DBN Subscription Required)

Mortgages: Banks Bypassing Mortgage Brokers
(DBN Subscription Required)

Investors Duke It Out For Mortgages Ltd.’s Love
(DBN Subscription Required)

Pooling complicates mortgages
(DBN Subscription Required)

In Condo Terms, Atlanta Is the New Miami
(DBN Subscription Required)

Buildings on borrowed time
(DBN Subscription Required)

Housing bust hits hard in small NC factory town
(DBN Subscription Required)

LV builder calls timeout as housing slide worsens
(DBN Subscription Required)

Lenders push to foreclose on Village Homes’ houses
(DBN Subscription Required)

Why the lender may not OK your short sale
(DBN Subscription Required)

______________

Layoffs:

GlaxoSmithkline to Cut 6,000 Jobs
(DBN Subscription Required)

Caterpillar To Cut 2,110 More Jobs At 3 Illinois Plants
(DBN Subscription Required)

Ford Motor Credit to cut jobs
(DBN Subscription Required)

Tata Mulls 1,500 Further Job Cuts at Jaguar Unit
(DBN Subscription Required)

Atlas Widens Job Cuts After New Orders Tumble on Mining, Autos
(DBN Subscription Required)

Report: ABC to cut jobs
(DBN Subscription Required)

Pink slips on Wall Street
(DBN Subscription Required)

Morgan Stanley, Goldman reportedly mull more job cuts
(DBN Subscription Required)

Microsoft: Layoffs for Some, Visas for Others
(DBN Subscription Required)

Why the Sting of Layoffs Can Be Sharper for Men
(DBN Subscription Required)

Mass layoffs put bosses in the line of fire
(DBN Subscription Required)

After Layoffs, There's Survivor's Guilt
(DBN Subscription Required)

Handing Out the Pink Slips Can Hurt, Too
(DBN Subscription Required)

Easing pain of Kodak cuts
(DBN Subscription Required)

Federal work force is growing
(DBN Subscription Required)

Layoffs Herald a Heyday for Employee Lawsuits
(DBN Subscription Required)

______________

Banking:

Florida, Maryland, Utah Banks Seized Amid Deepening Financial Crisis
(DBN Subscription Required)

What next for County Bank?
(DBN Subscription Required)

Nation's No. 1 bank turns down bailout money
(DBN Subscription Required)

Bailing Out On The Bailout
(DBN Subscription Required)

Banks sought foreign workers as Americans were laid off
(DBN Subscription Required)

Banks Reject TARP Funds
(WSJ: separate paid subscription required)

A Multi-Pronged Bank Plan
(DBN Subscription Required)

Who's calling the shots at Citi?
(DBN Subscription Required)

Good Bank, Bad Bank; Good Plan, Better Plan
(DBN Subscription Required)

Making the Best of Bad Banks
(DBN Subscription Required)

How much will it take to fix the banks?
(DBN Subscription Required)

J.C. Flowers seeking more assisted bank deals
(DBN Subscription Required)

Bank of America Said to Defer Some Bonuses Over Three Years
(DBN Subscription Required)

BofA plan to defer bonuses set to inflame tensions with Merrill
(DBN Subscription Required)

Dead Banks Must Be Allowed to Die
(DBN Subscription Required)

AEI Confronts The ‘Bad Bankodon’
(DBN Subscription Required)

Let banks fail, says Nobel economist Joseph Stiglitz
(DBN Subscription Required)

Bank Nationalization - The Max Holmes Proposal
(DBN Subscription Required)

BNP Paribas Drops as Revised Fortis Deal Fails to Boost Capital
(DBN Subscription Required)

Bradesco Net Falls 27% as Outlook Worsens
(DBN Subscription Required)

Barclays slides on Moody's downgrade
(DBN Subscription Required)

Barclays Debt Swaps Jump as Moody’s Cuts Rating on Loss Concern
(DBN Subscription Required)

Moody’s vs. BARC
(DBN Subscription Required)

______________

Aviation:

Bank takes Air Kauai’s choppers
(DBN Subscription Required)

______________

Corporate Reform:

Following Clues the S.E.C. Didn't
(DBN Subscription Required)

A Modest Proposal: Military Service as Punishment?
(DBN Subscription Required)

Scrushy, Back in Court, Rails Against Huge HealthSouth Settlement
(DBN Subscription Required)

_____________

Executive Compensation:

'Idiots' Indeed
(DBN Subscription Required)

Firms Getting Aid Face Pay Curbs
(DBN Subscription Required)

Giuliani Sticks His Nose Into Bonus Business
(DBN Subscription Required)

Bonus is not a four-letter word
(DBN Subscription Required)

WaMu Signing Bonuses: Easy Come, Easy Go?
(DBN Subscription Required)

______________

Debt Exchanges:

Debt exchange offers expected to rise
(DBN Subscription Required)

_____________

Credit Cards:

The United States of Consumer Arbitration? Not So Fast, Says 2nd Cir.
(DBN Subscription Required)

Big Brother Is Looking After You
(DBN Subscription Required)

It's Not You, It's Where You Shop
(DBN Subscription Required)

Here Is Your Interest Rate, Except When It Isn't
(DBN Subscription Required)

_____________

Gambling:

Greektown Casino says it needs $46M to stay open
(DBN Subscription Required)

Sale of Tropicana in Atlantic City stalls
(DBN Subscription Required)

_____________

Golf:

Some clubs find numbers dwindling
(DBN Subscription Required)

Facing foreclosure, Sunset Whitney golf club owner files Chapter 11
(DBN Subscription Required)

______________

Pensions:

California Pension Funds Close To Bankruptcy
(DBN Subscription Required)

Swallow hard: What to do if hard times scramble your retirement
(DBN Subscription Required)

______________

Theme Parks:

Hard Rock Park's sale lost at last minute
(DBN Subscription Required)

_____________

Sports:

Lip-syncs. . . IMO, Wrong. Great Performance, But Do It Live . . .
(DBN Subscription Required)

______________

Publishing:

When Even Condé Nast Is in Retreat
(DBN Subscription Required)

_____________

Games:

World of Goo publisher files for bankruptcy
(DBN Subscription Required)

______________

Credit Reporting:

Why the Credit Bureaus Can't Get it Right
(DBN Subscription Required)

Bankruptcy Risk Score - the new FICO
(DBN Subscription Required)

_____________

M&A:

Buyout firms in survival mode as leverage dries up
(DBN Subscription Required)

Well past midstream, PE fund managers switch horses
(DBN Subscription Required)

Perspective on the private equity bloodbath
(DBN Subscription Required)

_____________

Stock Brokers:

The SIPC And SIPA Liquidations: When A Brokerage Firm Goes Bankrupt
(DBN Subscription Required)

______________

Health Care:

Big guns take the stage in Sunwest battle
(DBN Subscription Required)

Exciting New Method of Health Care Finance
(DBN Subscription Required)

______________

Mass Torts:

PPG Industries bankruptcy plan includes asbestos trust
(DBN Subscription Required)

State high court rules for buyer in asbestos case
(DBN Subscription Required)

The next round of litigation
(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)

____________

Bankruptcy Reform:

Great Analysis of H.R. 200 in its Present Form
(DBN Subscription Required)

Credit Suisse Supports Change To Bankruptcy Code
(DBN Subscription Required)

Hand-wringing over bankruptcy bill
(DBN Subscription Required)

Amid soaring bankruptcy filings, help from Congress appears on the way
(DBN Subscription Required)

Bankruptcy Court should get to assist troubled mortgages
(DBN Subscription Required)

How does mortgage modification under the new bankruptcy law work?
(DBN Subscription Required)

______________

Retailing:

Our Love Affair With Malls Is on the Rocks
(DBN Subscription Required)

Recession Has Landlords of Retail Tenants Extending Discounts of Their Own
(DBN Subscription Required)

Amazon.com Soars After Outpacing E-Commerce Rivals
(DBN Subscription Required)

Is Scoop Going Out of Business?
(DBN Subscription Required)

Retailers Will Look to Consolidate, Downsize to Beat Recession
(DBN Subscription Required)

Few new shopping centers while economy's dropping
(DBN Subscription Required)

Mattel Net Falls on Worst Holiday Season in 40 Years
(DBN Subscription Required)

Recession-Resistant Retailers
(DBN Subscription Required)

______________

Photography:

Photo greats shutter under weight of the Digital Age
(DBN Subscription Required)

______________

Insurance:

AIG in Talks for U.S. to Backstop Assets
(WSJ: separate paid subscription required)

AIG in talks with government on guarantees: report
(DBN Subscription Required)

Capitol Hill Rage At AIG Continues
(DBN Subscription Required)

So what happens to your insurance policy if your carrier goes under?
(DBN Subscription Required)

______________

Food/Drink:

Busboys Are Cut as Restaurants Suffer
(DBN Subscription Required)

Girl Scout cookie boxes lighter this year
(DBN Subscription Required)

Brewery lenders face day in court
(DBN Subscription Required)

______________

Fraud:

The Imp in a Bottle: Ponzi/Madoff in a Broader Perspective
(DBN Subscription Required)

Why you aren't Bernard Madoff
(DBN Subscription Required)

Welcome to the Home Prison of Bernie Madoff
(DBN Subscription Required)

New York Post writer busted in bid to interview Bernard Madoff
(DBN Subscription Required)

Madoff's well-treated "feeder funds" suspected shady trades
(DBN Subscription Required)

Swindler says Madoff lost prisoners' investments too
(DBN Subscription Required)

Double Trouble for Madoffs?
(DBN Subscription Required)

The Madoff syndrome
(DBN Subscription Required)

No Criminal Charges Filed Against Madoff Pranksters
(DBN Subscription Required)

Madoff victims' items for sale
(DBN Subscription Required)

Madoff's Victims Now Both Real and Imaginary
(DBN Subscription Required)

Madoff Apartment Might Go On The Block
(DBN Subscription Required)

______________

Personal Finance:

Parents and the Financial Crisis
(DBN Subscription Required)

Octuplets' Family Filed For Bankruptcy
(DBN Subscription Required)

Middle class meets the pawnbroker
(DBN Subscription Required)

As recession ravages their assets, the rich retrench
(DBN Subscription Required)

______________

Hedge Funds:

A Sisterly Settlement: The Boncompagnis Bury the Hatchet
(DBN Subscription Required)

London at the crossroads as hedge fund industry ponders the future
(DBN Subscription Required)

Hedge fund mishegoss spurs interest in replication funds
(DBN Subscription Required)

______________

Television:

Debt chokes Microsoft co-founder's cable company
(DBN Subscription Required)

Equity Media crafts DIP loan
(DBN Subscription Required)

______________

Lehman:

Now Hiring: Lehman
(DBN Subscription Required)

Lehman mulls plan to give creditors stock
(DBN Subscription Required)

Fuld’s Florida Folly?
(DBN Subscription Required)

______________

Alternative Energy:

In ethanol bankruptcies, disputes with contractors abound
(DBN Subscription Required)

Ethanol firm Renew to file for bankruptcy-report
(DBN Subscription Required)

City disappointed in Renew Energies bankruptcy filing
(DBN Subscription Required)

Cascade Grain harvests a Ch. 11
(DBN Subscription Required)

Wind power’s direction is uncertain as economy slows
(DBN Subscription Required)

______________

Shoes:

Recession Gives Cobblers New Traction
(DBN Subscription Required)

______________

Oil/Gas:

Oil players stockpile cheap crude on tankers
(DBN Subscription Required)

Oil Rises on Concerns of Refinery Strikes, Further OPEC Cuts
(DBN Subscription Required)

Crude Oil Falls on Concern Economic Slump Will Hurt Fuel Demand
(DBN Subscription Required)

SemGroup: An Ugly Battle Over a Bankrupt Company
(DBN Subscription Required)

Plan for energy firm is delayed
(DBN Subscription Required)

______________

Accounting:

Huge Changes for Financial Statements
(DBN Subscription Required)

SEC, Others to Oversee Global Accounting
(DBN Subscription Required)

______________

UK:

London Luxury Home Prices Have Second-Biggest Drop on Record
(DBN Subscription Required)

UK, Irish Commercial-Property Values Drop the Most on Record
(DBN Subscription Required)

Resist Protectionism, U.K.'s Brown Says
(DBN Subscription Required)

UK manufacturing PMI rises to 35.8 in January
(DBN Subscription Required)

Pre-packs are good for creditors
(DBN Subscription Required)

Plan for super-rich members’ golf club in disarray as land up for sale
(DBN Subscription Required)

Picking up the pieces with debt advisers
(DBN Subscription Required)

Woolworths to live again online
(DBN Subscription Required)

Fraud cases reach record value
(DBN Subscription Required)

Hotel insolvencies on the rise
(DBN Subscription Required)

Private equity group makes offer for Waterford Wedgwood
(DBN Subscription Required)

______________

EU:

Guidelines on Bailouts Said to Be in the Works in Europe
(DBN Subscription Required)

ECB Drawing Up 'Bad Bank' Guidelines
(DBN Subscription Required)

German Manufacturers Least Confident in Eurozone, Survey Shows
(DBN Subscription Required)

ECB’s Wellink Says Crisis Not Over, Sees New Problems
(DBN Subscription Required)

______________

Australia:

Australian PM: Time for a new world order
(DBN Subscription Required)

Rudd Says Australia Tax Revenue to Drop, Sees Deficit
(DBN Subscription Required)

Australian House Prices Fell for Third Quarter
(DBN Subscription Required)

Australia’s January Manufacturing Index Shrinks for Eight Month
(DBN Subscription Required)

Australian Investment Projects Drop for First Time Since 2004
(DBN Subscription Required)

Australia faces first budget deficit for 7 years
(DBN Subscription Required)

______________

New Zealand:

NZ Wage Inflation Slows as Unemployment Spreads
(DBN Subscription Required)

______________

Canada:

Experts warn one big bankruptcy could wipe out Ontario's pension safety net
(DBN Subscription Required)

______________

Germany:

Germany might nationalize some banks: spokesmen
(DBN Subscription Required)

______________

Russia:

Violent clashes in Moscow as angry protesters call for Putin to resign over economy
(DBN Subscription Required)

Yukos revisited - again, and again, and...
(DBN Subscription Required)

______________

China:

China looks to broker gradual finance reform
(DBN Subscription Required)

China Considering New Stimulus
(DBN Subscription Required)

Joblessness Jumps Sharply Among China’s Migrants
(DBN Subscription Required)

Beijing pumps $30bn into rural bank
(DBN Subscription Required)

Chinese Manufacturing Shrinks After Exports Collapse
(DBN Subscription Required)

Don’t expect China to save the world
(DBN Subscription Required)

China's small factories struggle
(DBN Subscription Required)

______________

Japan:

Panasonic, Sharp Shares Fall on Reports of Lower Earnings
(DBN Subscription Required)

Japan Stocks Fall as Earnings Slump Signals Prolonged Recession
(DBN Subscription Required)

Hitachi Poised to Fall After Forecasting 700 Billion Yen Loss
(DBN Subscription Required)

Japan’s Economy Is Killing Far Too Many Japanese
(DBN Subscription Required)

Mitsubishi Electric swings to loss in quarter, cuts outlook
(DBN Subscription Required)

______________

Iceland:

Iceland's Sigurdardottir forms government: Focus on financial crisis
(DBN Subscription Required)

______________

S. Korea:

Ssangyong Motor's fate hinges on restructuring plan, analysts say
(DBN Subscription Required)

Ssangyong resumes production
(DBN Subscription Required)

South Korea’s January Exports Decline by Record 32.8%
(DBN Subscription Required)

______________

India:

Satyam's sting
(DBN Subscription Required)

______________

Norway:

Norwegian Peterson facing acute crisis
(DBN Subscription Required)

______________

Mexico:

Small Mexican towns hurt as global economy goes south
(DBN Subscription Required)

______________

Hong Kong:

PCCW Suspended From Trading on ‘Speculative’ Reports
(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 $55/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. Refunds are not available after purchase. 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).