October 19, 2007

Daily Bankruptcy News

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Law:

Lerach's Guilty Plea Gives Coke New Defense in Securities Fraud Case
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Is Mel Weiss Up There With Dag Hammarskjold?
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Another Guilty Plea in Milberg Weiss Case
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A Rebuttal to the Rumors About Kirkland & Ellis
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Chapman and Cutler Blazes The Trail of Tiers
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Howrey Following in Jones Day's Footsteps by Switching to Merit-Based Pay
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Longtime Rebel Alex Kozinski Prepares to Lead the 9th Circuit
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Staying Safe in Tough Times
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You Know They Really Don't Want You When...
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Lawyers: The Dominant Fundraising Force In the ý08 Race
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Firm to reward associates with, umm, paycuts
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How Deal-Making Lawyers Keep Score
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Perk Watch: Secretaries / Administrative Assistants
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The Lateral Waltz: Learning the Steps
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A Good Lead Plaintiff Is Hard To Find
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Allen & Overy recruitment effort: cry with shame
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Eversheds recruitment effort: just cry
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Lawyer's Fame-Claim: Model Client
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Baker & McKenzie aims to break $1.5m PEP by 2010
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Say What?!
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Cybersquatter Threatened Thelen's Rebranding
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Ex-Prosecutor Dishes Up Advice to GCs on Government Probes
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Clients are increasingly arguing that law firms' fees have blown up out of all proportion. How justified are such claims?
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Former Fish Partner Speaks Out on Patent Dispute
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In the Swamp With EDD Alligators
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Once 200-Lawyer Firm Closes Its Doors
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Holland & Knight Names National Marketing Partner
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A Little Too Much Reality?: TV Lawyers Getting Cancelled
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It's My Trial, I Can Wear What I Want To
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Reluctant Juror Jailed for Message to Court Officials
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Former Professors Sue Ave Maria School of Law
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Lose Weight With Mark Leventhal, Esq!
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The Possibly Propositioning Professor
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Enron:

Enron and Citi still fighting over claims that Citi will pressure witnesses
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Theme Parks:

Judge approves sale of rides at Wild West World
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Food/Drink:

Brewery's future in court
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Brewery given time for sale
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Jays' woes may take bite out of LaSalle
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Wall Street:

Berkshire not buying Bear Stearns stake
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The Worst Is Yet to Come
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Investors eye Merrill for more mortgage messages
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When Crash Means 'Buy'
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The Lessons Of Black Monday
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MetroPCS Sues Merrill Over Risky Investment
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Mass Torts:

Federal-Mogul posts jump in net income
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Toys:

Lionel Bankruptcy Hearing Delayed
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Valuation:

The price of everything, in flux
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Accounting board declines to delay asset value rule
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Autos:

UAW Locals Split on Chrysler Deal
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Chrysler deal riles UAW's ranks
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Banking:

Making a Loan Only After It Goes Bad
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Bank of America Earnings Drop on Loan Writedowns
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Bank Of America Derailed
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Attention Bank of America Investment Bankers: Start Polishing Your Resumes
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Citigroup won't have asset fire sale
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Proposed Bank Superfund Just A Public Relations Gimmick
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The Mother of All Bailout Funds
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Uncertainties surround banks' plan to rescue credit markets
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Treasuries Rise on Sign Credit Losses Hurting Biggest Banks
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Retailing:

Wal-Mart Seeks Head Start to Stave Off Grinch
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Sharper Image Surges As Insider Buys Quell Bankruptcy Fears
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Dim Prospects for Sharper Image
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Bankruptcy Reform:

Bankruptcy Reform Bites Back
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Bankruptcy reform impact lackluster
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CEO of Litton Loan Disses Bankruptcy Judges
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Bankruptcy Two Years Later - Creditors Still Not Happy
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I Squat Corrected
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Health Care:

Inspectors: Southeast Hospital Conditions a Danger to Patients
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Cardinale Drafting Legislation to Rescue Pascack Valley Hospital
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Doctors doubt hospital investment plan
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Obstruction Charged in Fraud Trial - Former CEO of Health-Financing Firm Accused of Offering to Pay Witness
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Aviation:

Troubled Columbia Aircraft has suitors
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Specter's outrage is too late
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Hopes Are Soaring For Airline M&As
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Credit Cards:

The Stinkiest Credit Card Around?
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Movie Industry:

NASDAQ pulls the plug on Movie Gallery
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Student Debt:

Sallie Mae Battle Could Be Costly to Investors
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Horse Racing:

Bruno plan means no finish line in sight for racing mess
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Predatory Lending:

Panel votes against bill curbing rates on loans
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Consumer advocates chafe as payday lenders adopt code
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Accounting:

Judge Postpones KPMG Trial
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Judge Kaplan Delays Trial and Bars Latham Lawyer
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Internal control audits take top spot on accounting board's priority list
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Grant Thornton revenues jump 17%
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PwC: Economic Crime Costs U.S. Companies $223M
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Layoffs:

WARN Act reform bill is sent to U.S. House
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Layoffs likely at Colonial Bank
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Attorney Fees:

Interpreting Bankruptcy Code Sections 502 and 506: Post-Petition Attorneys' Fees in a Post-Travelers World
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Golf:

Fresno's Plan to Buy Running Horse
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New Bankruptcy Opinions
(1 new opinion 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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Judges:

Bankrupt? Then stop smoking!
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Ninth Circuit Names Bankruptcy Judge Erithe Smith to New Term
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Longtime bankruptcy judge steps down
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Stevenson retires as federal court's chief bankruptcy judge
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Real Estate:

Tousa Creditors Hire Bankruptcy Lawyer
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Spectrum Financial Group to Liquidate
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NJ Real Estate Firm Files for Chap. 11
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AHM Gets Court OK to Refund Loan Fees
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Lajitas scheduled for the auction block
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Swank West Texas resort fails to sell at auction
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Burned by Real Estate, Some Just Walk Away
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Make builders, lenders fix their mess
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Restructured ResCap expected to weigh on parent GMAC's third-quarter earnings
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No end in sight for real estate woes, panel says
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Real estate investors driving rising house foreclosures
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Real estate fallout: Veteran mortgage bankers are rethinking careers
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Bexar Cty., Tx. has most foreclosed properties since 1990
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Chase Manhattan aided fraud, suit says
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1st Magnus sets payment timeline
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MoneyGram is unlikely subprime mortgage casualty
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Pensions:

PBGC takes over Werner Holding plan
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Mikulski seeks fairness for Beth Steel retirees
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Economy:

Trickle of red ink gathering pace
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Oct. Factory Growth Slowed
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Indicators Suggest Economic Uptick
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Assets and their liabilities
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Has America fallen into the dreaded 'R' word?
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CFO Optimism Drops; Credit Crisis to Blame
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Hedge Funds:

Bear Stearns Draws Probe On Fund Trades
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The fund manager, the stripper and the missing millions
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Hockey:

Lemieux's settlement: $21 million
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Credit Reporting:

Senator Wants Credit Bureaus to Drop Fees For Freezes
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UK:

Eurotunnel still on right track
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Northern Rock's total borrowing now looks like £16bn
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Axe Hangs Over Legal Team as BBC Job Cuts Loom
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Hong Kong:

September bankruptcy petitions fall 14.1%
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Korea:

Corporate Bankruptcies Hit Record Low in September
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Canada:

Thow case ruled among BC's worst fund frauds
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Court grants Federal Gypsum extension
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China:

Financial Distress Resolution in China
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