March 28, 2008

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:

BigLaw Firm Nets Fee Bonanza in Subprime Lender's Crash-and-Burn
(DBN Subscription Required)

Charging $1,000 an Hour Is For Chumps
(DBN Subscription Required)

Ballard Spahr Appoints Nonlawyer to New Client Relations Position
(DBN Subscription Required)

Paul Hastings' Apparent $4.25M Settlement of Ponzi Scheme Liability Suit Is Approved
(DBN Subscription Required)

A Lawyer's "Good Day" at the Supreme Court
(DBN Subscription Required)

What Happened At The Supreme Court Oral Argument In The Section 1146(a) Bankruptcy Transfer Tax Exemption Case?
(DBN Subscription Required)

What's the Difference Between a Banker and a Lawyer?
(DBN Subscription Required)

Paul Hastings Billboard Settlement OK'd
(DBN Subscription Required)

Smith Barney's 'Golden Handcuffs' Compensation Plan Under Scrutiny
(DBN Subscription Required)

How a Law Firm Chopped Wordy E-Mails Down to Size
(DBN Subscription Required)

In-House Jobs Not So Cushy or Exciting, Says Veteran Lawyer
(DBN Subscription Required)

Firm Salaries on the Rise in India
(DBN Subscription Required)

Black NY Ex-Associate Takes on MegaFirm in $75 Million Discrimination Claim
(DBN Subscription Required)

Attorneys Predict Additional Hiring in Next 12 Months: Bankruptcy, Litigation, Corporate Governance Expertise in Demand, Survey Shows
(DBN Subscription Required)

Technology Reduces Legal Fees in Bankruptcy Practice
(DBN Subscription Required)

A Bizarre Take on the Spitzer Story
(DBN Subscription Required)

White House Handed Legal Victory Over US Attorney Firings
(DBN Subscription Required)

Lawyers Who Target Industries Can Build Strong Practices
(DBN Subscription Required)

3rd-Party Investors are Funding Canadian Litigation, Too
(DBN Subscription Required)

Lawsuit Lender's Suit Against Disbarred Lawyer Reveals 'Hefty' Interest Charges
(DBN Subscription Required)

Foul mouthed court reporter saves lawyer
(DBN Subscription Required)

Watch Out for Wombats!
(DBN Subscription Required)

Say What?!
(DBN Subscription Required)

______________

Economy:

Economy Nearly Stalled in 4th Quarter
(DBN Subscription Required)

Congress looking for broader fixes for US economy
(DBN Subscription Required)

U.S. profits fall, Q4 GDP growth nearly stalls
(DBN Subscription Required)

Behind the credit crunch - Incomes haven't kept up with debts
(DBN Subscription Required)

More Government Bailouts May Be on Way
(DBN Subscription Required)

Consumer Spending Posts Weakest Gain in 17 Months
(NYT: separate free registration required)

The worst is yet to come, says Doll of BlackRock
(DBN Subscription Required)

If Only I Could Get the Fed's Help When I'm Bad
(DBN Subscription Required)

Fed policy-maker warns US near recession
(DBN Subscription Required)

Fed auctions $75 billion in securities to ease credit crisis
(DBN Subscription Required)

Greed defines this economic mess
(DBN Subscription Required)

______________

Wall Street:

Bear Stearns - No picnic
(DBN Subscription Required)

JPMorgan and its Deal of the Century
(DBN Subscription Required)

Bear Stearns Chairman Cayne Sold His Entire Stake Before JPMorgan Vote
(DBN Subscription Required)

Lehman Brothers, Battered By Rumors, Starts Recovering
(DBN Subscription Required)

______________

Retailing:

Disney to buy Disney Stores out of operator's Chapter 11
(DBN Subscription Required)

______________

Banking:

Banks Post Worst Earnings in 17 Years
(DBN Subscription Required)

Citigroup Replaces Global Prime Brokerage Co-Heads
(DBN Subscription Required)

______________

Accounting:

KPMG denies negligence over collapse of US sub-prime firm
(DBN Subscription Required)

______________

 

Real Estate:

Fed to hold public field hearings on Bank of America takeover of Countrywide
(DBN Subscription Required)

Ice-Cold Condo Market Burns Florida Builder
(DBN Subscription Required)

Mortgage Rates Still Cling To 6% Despite Easier Credit
(DBN Subscription Required)

American Home Gets Ch 11 Extension
(DBN Subscription Required)

Welcome to subprime's ghost town
(DBN Subscription Required)

Equity lenders move to block home sales
(DBN Subscription Required)

Fannie, Freddie May Raise $20 Billion, Regulator Says
(DBN Subscription Required)

Ofheo: Loan Limit to Remain $417,000
(DBN Subscription Required)

Bankruptcy judge gives Fieldstone more time
(DBN Subscription Required)

Legal spats nip at Puig Inc.
(DBN Subscription Required)

New Century 'Time Bomb'
(DBN Subscription Required)

______________

Corporate Governance:

Fiduciary Duty Claims against Subprime Lender in Bankruptcy
(DBN Subscription Required)

______________

Forest Products:

Former Governor Wilson Selected to Manage Scotia Pacific Reorganization
(DBN Subscription Required)

______________

Politics:

Parties Differ on Whom Economic Aid Should Help
(NYT: separate free registration required)

Obama urges tighter regulation of mortgage lenders
(DBN Subscription Required)

Obama Casts Wide Blame for Financial Crisis and Proposes Homeowner Aid
(NYT: separate free registration required)

Obama blames economic woes on Wall Street greed
(DBN Subscription Required)

Obama Offers Plan for Economic Woes
(DBN Subscription Required)

Obama calls for mortgage bankruptcy reform
(DBN Subscription Required)

Obama and his Subprime Supporters - Are His Words For Real?
(DBN Subscription Required)

Hillary Clinton on the economy: "We have a crisis of confidence"
(DBN Subscription Required)

Candidates Views on Economic Crises Compared
(DBN Subscription Required)

______________

Software:

Novell removes gloves in SCO bankruptcy court
(DBN Subscription Required)

______________

Aviation:

Key Airlines Hit New Lows
(DBN Subscription Required)

Saltchuk wants to buy Aloha Air Cargo
(DBN Subscription Required)

US Representative says state should step in to help airline
(DBN Subscription Required)

Air France-KLM holds firm on plan to cut 2100 Alitalia jobs
(DBN Subscription Required)

Berlusconi's flight of fancy
(DBN Subscription Required)

______________

Hedge Funds:

Home Sales Fall in Hedge Fund Rich Connecticut Town
(DBN Subscription Required)

______________

Credit Cards:

Credit card-backed securities could trigger next crisis, says research firm
(DBN Subscription Required)

______________

Sovereign Debt:

Zimbabwe staggers to brink of bankruptcy
(DBN Subscription Required)

______________

Municipalities:

State on its way to bankruptcy, Foy tells group
(DBN Subscription Required)

______________

Avoidance Actions:

Keeping The Money: Strategies For Protecting Against Preference Liability
(DBN Subscription Required)

______________

Furniture:

Triangle furniture chain shuts down
(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)
(DBN Subscription Required)

____________

Bankruptcies Waiting for Armageddon
(DBN Subscription Required)

Gambling:

PacificNet to oppose involuntary bankruptcy petition
(DBN Subscription Required)

______________

Luggage:

InGear to sell inventory
(DBN Subscription Required)

______________

Corporate Reform:

SEC juggling three dozen subprime probes
(DBN Subscription Required)

Phony accounting, but good public relations
(DBN Subscription Required)

______________

Stock Brokers:

FAQs Regarding Customer Asset Protection In A Broker-Dealer Bankruptcy
(DBN Subscription Required)

______________

Autos:

Turning to a Turnaround Pro
(NYT: separate free registration required)

______________

Bonds:

Latest entrant clipped by the auction-rate mess? NFL stadiums
(DBN Subscription Required)

______________

Insider Compensation:

Departed execs collecting biggest payouts at Sears
(DBN Subscription Required)

Subprime Mess Could Hit CEO Wallets This Proxy Season
(DBN Subscription Required)

______________

M&A:

Clear Channel Says Private-Equity Buyout May Collapse
(DBN Subscription Required)

Clear Channel: Texas hold 'em
(DBN Subscription Required)

Clear Channel fight gets down 'n' dirty
(DBN Subscription Required)

Misdirected E-Mail Set the Stage for Clear Channel Suits
(DBN Subscription Required)

Clear Channel Q&A, the Legal Edition
(DBN Subscription Required)

Private equity faces stormy time
(DBN Subscription Required)

M&As plunge to four-year low
(DBN Subscription Required)

______________

Recording Industry:

Warner Music ditches Death Row
(DBN Subscription Required)

______________

Research:

Bankrupt Cornerstone lacks assets for $1.34 M debt
(DBN Subscription Required)

______________

Toys:

Lionel turnaround OK'd (scroll down)
(DBN Subscription Required)

______________

Resorts:

Resort working on finances
(DBN Subscription Required)

______________

UK:

Credit crunch: is bankruptcy a way out?
(DBN Subscription Required)

______________

Germany:

Subprime-hit German lender
(DBN Subscription Required)

Investor anger deepens the shadow over IKB
(DBN Subscription Required)

IKB supervisory board denies fault in subprime chaos
(DBN Subscription Required)

______________

Russia:

Russia: Guilty as Charged
(DBN Subscription Required)

______________

EU:

ECB Will Raise Interest Rates 'If Needed'
(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