May 24, 2007
Daily Bankruptcy News
| Also available on the Web (with links to the news stories) | Here |
| Prior editions: | Here |
| Search prior headlines: | Here |
| Search prior New Opinions: | Here |
Aviation:
S&P Predicts Northwest Airlines Upgrade
(DBN Subscription Required)
Airlines face packed flights, frustrated staff and passengers
(DBN Subscription Required)
Alitalia risks bankruptcy
(DBN Subscription Required)
Union chiefs hedge backing on AirTran pilot deal
(DBN Subscription Required)
JAL Asks Banks to Swap Debt for Equity
(DBN Subscription Required)
______________
Law:
As Associate Salaries Soar, Will Support Staff Pay?
(DBN Subscription Required)
DLA Piper Raises
(DBN Subscription Required)
Kirkland & Ellis and Sheppard Mullin Raises
(DBN Subscription Required)
Lovells builds US insolvency with second Stroock hire
(DBN Subscription Required)
Ex-BigLaw Associate, Now Fortune 500 GC, Calls Pay Surge "Ridiculous"
(DBN Subscription Required)
World's First Publicly Traded Law Firm
(DBN Subscription Required)
The Intrigue Grows in Bar/Bri Class-Action
(DBN Subscription Required)
Sidley Escapes Prosecution in Tax Case
(DBN Subscription Required)
Sidley Austin Pays $40M Penalty to Settle with IRS
(DBN Subscription Required)
No non-prosecution agreement in Sidley case
(DBN Subscription Required)
Tales of a Fourth-Tier Law School
(DBN Subscription Required)
The Traditional Law Firm: Going the Way of the Mastodon?
(DBN Subscription Required)
Checking BigLaw's Couch for Loose Change to Pay Associates
(DBN Subscription Required)
Associate Salary Wars: The GCs Strike Back
(DBN Subscription Required)
Say What?!
(DBN Subscription Required)
McElroy Deutsch Buys Its Own Minority Firm
(DBN Subscription Required)
When Lawyers Fly Solo, They Can Miss the Big-Firm Parachute
(DBN Subscription Required)
Goodling testifies on U. S. attorneys firings
(DBN Subscription Required)
Loyal to the White House, Not the Rule of Law
(DBN Subscription Required)
Monica Goodling on Capitol Hill
(DBN Subscription Required)
US Attorney Firings: Older and Wiser Heads
(DBN Subscription Required)
US Attorney Firings - Goodling - What I Learned At My Law School
(DBN Subscription Required)
US Attorney Firings: Goodling - a power player behind Justice's scenes
(DBN Subscription Required)
US Attorney Firings: Goodling: "I Crossed The Line" - Admits to Breaking Law with Political Hiring
(DBN Subscription Required)
GCs: Ten Ways to Analyze Outside Counsel Spending
(DBN Subscription Required)
Slow-Footed Law Student: "Dad, Uncle Sam Is Picking on Me!"
(DBN Subscription Required)
New Supreme Court Rule Would Force Advocacy Groups to Reveal Membership Rolls
(DBN Subscription Required)
_______________
Student Debt:
Student lender leverages loan scandal
(DBN Subscription Required)
_________________
Layoffs:
Federal Mass Layoff April 2007 Statistics
(DBN Subscription Required)
Ohio 4th in nation for April layoff claims
(DBN Subscription Required)
________________
Sports:
Stonebridge Country Club files for bankruptcy
(DBN Subscription Required)
__________________
Hedge Funds:
Biggest hedge funds tighten grip
(DBN Subscription Required)
_________________
Sovereign Debt:
Experts testify that 'vulture funds' impoverishing already poor countries
(DBN Subscription Required)
_________________
Bankruptcy Professional Compensation:
Professional Fees & Overhead
(DBN Subscription Required)
___________________
Health Care:
S.I. hospital talks money
(DBN Subscription Required)
__________________
PlanetOut faces deepening financial crisis
(DBN Subscription Required)
As Purpose of Forbearance Agreements Change, So Will Terms
(DBN Subscription Required)
Autos:
Detroit Death Pool
(DBN Subscription Required)
Analysts say Delphi may be closing in on contract deal with UAW
(DBN Subscription Required)
General Motors sees $7 billion Delphi exposure
(DBN Subscription Required)
General Motors in talks with a number parties
(DBN Subscription Required)
GM, UAW cut deal on jobs bank
(DBN Subscription Required)
GM Receives New SEC Request on Accounting Information
(DBN Subscription Required)
GM Pledges GMAC Stake To Secure $4.1 Billion Revolver
(DBN Subscription Required)
Dana receives OK to appeal verdict
(DBN Subscription Required)
_______________
Real Estate:
Currency Comptroller Chastises Lenders
(DBN Subscription Required)
More Bad Housing News?
(DBN Subscription Required)
Law firm starts practice to address real estate workout problems
(DBN Subscription Required)
Investors Cash In On Foreclosure Market
(DBN Subscription Required)
A 1031 Cautionary Tale: Where Did the $130 Million Go?
(DBN Subscription Required)
Credit Changes Could Usher in Return of 'Reality Realty'
(DBN Subscription Required)
MA: Foreclosure filings drop for 2d month
(DBN Subscription Required)
Bakersfield's home foreclosure numbers are up - way up
(DBN Subscription Required)
Toll Brothers said its second-quarter net income fell 79%
(WSJ: separate paid subscription required)
________________
Corporate Reform:
Black enlisted Donald Trump, trial told
(DBN Subscription Required)
Conrad Black Diamonds, Servants on Park Avenue May Sour Jurors
(DBN Subscription Required)
Black's Plane Chutzpah
(DBN Subscription Required)
Black's sharp tongue silences
(DBN Subscription Required)
HP Broke Federal Law In Probe, SEC Says
(DBN Subscription Required)
Mercury Finance saga ends
(DBN Subscription Required)
Till white-collar crimes do us part
(DBN Subscription Required)
SEC Votes To Soften Scope of Audit Law
(DBN Subscription Required)
Cox Sets Off Alarms Over Investor Rights After Recent SEC Moves
(DBN Subscription Required)
________________
Food/ Drink:
Parmalat: NJ court rejects Citigroup appeal
(DBN Subscription Required)
Winn-Dixie overhaul is paying off
(DBN Subscription Required)
________________
Tax:
KPMG: A Judge is Shot Down and a Law Firm Is Cleared
(DBN Subscription Required)
KPMG tax case could be dropped
(DBN Subscription Required)
Dems want IRS to stop using private firms
(DBN Subscription Required)
Prosecutors Spare Law Firm
(DBN Subscription Required)
_________________
Municipalities:
McCall officials introduce plan to stave off $6.2 M bankruptcy
(DBN Subscription Required)
_________________
Enron:
Lay's widow asks judge to stop seizure of condo, assets
(DBN Subscription Required)
Suicide banker's fraud case fear
(DBN Subscription Required)
It's too late for Enron defendants, as plaintiffs pursue 'scheme liability'
(DBN Subscription Required)
________________
Economy:
Has Fundamental Change Delayed an Economic Downturn?
(DBN Subscription Required)
Global economy on a roll, but inflation lurks: OECD
(DBN Subscription Required)
Economy Spawns Worry, Complaints Neither the Best of Times nor the Worst of Times
(DBN Subscription Required)
Globalization Widens Income Disparity
(WSJ: separate paid subscription required)
US economy set for soft landing
(DBN Subscription Required)
How long can cheap money last?
(DBN Subscription Required)
_________________
Bankruptcy Trends: A Perfect Storm of Debt
(DBN Subscription Required)
New Bankruptcy Opinions
(4 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)
_________________
Online Claims Trading
Auction your Chapter 11 claim to the highest bidder
Free • Anonymous • Non-Binding |
Claims Trading:
Distressed investors worry over strategy
(DBN Subscription Required)
_________________
Credit Cards:
Fed Proposes More Notice on Credit-Card Agreements
(DBN Subscription Required)
Minimums going up on more credit cards
(DBN Subscription Required)
How Dum Do They Think I Am?
(DBN Subscription Required)
_________________
Bankruptcy Crimes:
Tax/Bankruptcy, fraud trial of combative litigator opens
(DBN Subscription Required)
___________________
Entertainment:
Pearlman may be starting a defense
(DBN Subscription Required)
_________________
Mass Torts:
Brickman vs. Mencimer
(DBN Subscription Required)
Congoleum Corporation Reports Decision in Phase I of Coverage Case
(DBN Subscription Required)
For the First Time, New York Links a Death to 9/11 Dust
(NYT: separate free registration required)
_________________
Religion:
Judge opens church up to huge payout
(DBN Subscription Required)
_________________
Derivatives:
Subprime Derivatives Say Bernanke Will Be Wrong
(DBN Subscription Required)
Subprime Mortgage Stocks Jump On Signs Worst May Be Over
(DBN Subscription Required)
_________________
Finance:
Little Change Expected in 2007 Credit Market
(DBN Subscription Required)
The Sky Isn't Falling Yet - But It Will Despite Uncertainty of When, Change Is Certain
(DBN Subscription Required)
Factors May Provide Cash When Traditional Lenders Won't
(DBN Subscription Required)
________________
Celebrity:
LA judge gives OJ funds to Goldmans
(DBN Subscription Required)
__________________
Emerge Interactive, Inc. Announces Court Approval of Modified Plan of Liquidation
(DBN Subscription Required)
Kroll Zolfo Cooper Adds Former Managing Director of Giuliani Capital Advisors to New York Office
(DBN Subscription Required)
UK:
Government blasted over 'insolvency-lite' proposals
(DBN Subscription Required)
________________
Canada:
Secured Creditor v. Minister Of Environment v. Pension Fund Administrator
(DBN Subscription Required)
Court Refuses Insurer's Application To Terminate Policy Due To The Receivership Of The Insured
(DBN Subscription Required)
Hemosol: Interim Receiver Negotiation w/Primary Creditor for Sale of Assets
(DBN Subscription Required)
_________________
New Zealand:
Big Sky creditors owed over $30m
(DBN Subscription Required)
__________________
Australia:
Northern Trust defends Enron connection
(DBN Subscription Required)
___________________
Russia:
Russian government hunting for Yukos asset buyer Prana
(DBN Subscription Required)
___________________