May 27, 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:

Just in Case, What's Your Exit Plan?
(DBN Subscription Required)

The Global 100 Takes Shape
(DBN Subscription Required)

Troubled Times for Bingham McCutchen
(DBN Subscription Required)

Skadden Takes Top Deal-Adviser Title From Sullivan & Cromwell
(DBN Subscription Required)

Katten Muchin Launches Financial Services Litigation Group
(DBN Subscription Required)

London Law Firm Leaders Taking a Hard Line on Partner Promotions
(DBN Subscription Required)

Lawyer Weiss Deserves 33-Month Term for Scheme, Prosecutors Say
(DBN Subscription Required)

Lawyer of the Day: Adam Kutner
(DBN Subscription Required)

Dan Harrington Poker Star
(DBN Subscription Required)

Counseling Lawyers on the Profession's Increasing Pressures
(DBN Subscription Required)

If You Want More Women Partners...
(DBN Subscription Required)

Hit the Beach With Technology
(DBN Subscription Required)

11th Circuit to Consider Whether Right to Counsel Is Lost When Assets Are Frozen
(DBN Subscription Required)

Law Firm Files Suit to Bar Outsourcing of Client Data
(DBN Subscription Required)

Outbound E-Mails Spell Inbound Legal Trouble for Corporations
(DBN Subscription Required)

Lawyers fall victim to client-fraud
(DBN Subscription Required)

Texas Not Done Fighting, Takes Polygamist Custody Case to State Supreme Court
(DBN Subscription Required)

Volkswagen Lawyers Raise Challenge to Texas's 'Rocket Docket'
(DBN Subscription Required)

Some law firms cut their names down to size
(DBN Subscription Required)

Protecting the firm's name on the web
(DBN Subscription Required)

Say What?!
(DBN Subscription Required)

Lawyer Seeks $108 Million From Ponzi Scheme
(DBN Subscription Required)

100 Most Creative Moments in American Law
(DBN Subscription Required)

How Lawyers Caught the 'Entrepreneur Bug'
(DBN Subscription Required)

______________

Judges:

Judicial Activism in Mutual Funds
(NYT: separate free registration required)

Rendering Justice, With One Eye on Re-Election
(NYT: separate free registration required)

Are male judges nicer than female judges?
(DBN Subscription Required)

Rap nicknames for the members of the Supreme Court
(DBN Subscription Required)

Judges of the Day: Brent Keis and Hal Miner
(DBN Subscription Required)

______________

Academia:

Statistics on Law Professor Hiring
(DBN Subscription Required)

______________

Retailing:

Rising Energy Prices Will Hold Down Retail Sales
(DBN Subscription Required)

Linen 'n Things to get liquidator
(DBN Subscription Required)

Bag'n Baggage names stalking horse
(DBN Subscription Required)

______________

Debt Collection:

Zombie debts refuse to die
(DBN Subscription Required)

______________

Fraud:

Four lawsuits allege fraud by Boca Raton investment manager
(DBN Subscription Required)

Pa. suit alleges 'Ponzi' scheme
(DBN Subscription Required)

______________

Health Care:

Auburn Memorial Hospital vendors to receive payments
(DBN Subscription Required)

Hospital shifts case to Ch. 7
(DBN Subscription Required)

Haven Eldercare auction proceeds
(DBN Subscription Required)

Ailing hospital reopens, but just barely
(DBN Subscription Required)

Exaeris liquidation cleared
(DBN Subscription Required)

______________

Golf:

Hunter's Point files for bankruptcy
(DBN Subscription Required)

______________

Food/Drink:

Wachovia seeks LeNature's papers
(DBN Subscription Required)

The rise and fall of the Roadhouse Grill
(DBN Subscription Required)

Loyalty key to Iron City success
(DBN Subscription Required)

______________

Financial Literacy:

Survey reveals financial literacy gaps
(DBN Subscription Required)

______________

Forest Products:

Pope & Talbot employees look for answers
(DBN Subscription Required)

______________

Corporate Governance:

New idea to empower owners
(DBN Subscription Required)

Rockefellers Seek Change at Exxon
(NYT: separate free registration required)

______________

Trucking:

Truckers hit Jevic with suit
(DBN Subscription Required)

Soaring Fuel Prices Take a Withering Toll on Truckers
(DBN Subscription Required)

Jevic failed to show workers consideration
(DBN Subscription Required)

______________

Corporate Reform:

Sun-Times Seeks to End Black's Legal-Fee Payments
(DBN Subscription Required)

The SEC's Role in Pursuing Secondary Actors Following 'Stoneridge'
(DBN Subscription Required)

Greenberg Probe Looks at Two Deals
(WSJ: separate paid subscription required)

Siemens Probe Could Widen as Trial Begins
(WSJ: separate paid subscription required)

______________

Hedge Funds:

Hedge funds: the credit crunch's enigma
(DBN Subscription Required)

______________

Bonds:

'Underwriter's Lament' Blames Issuers for Hard Times
(DBN Subscription Required)

______________

 

Real Estate:

Inventory of unsold homes at 23-year high
(DBN Subscription Required)

Home Sales Rise in Hard-Hit Areas
(WSJ: separate paid subscription required)

In the housing market, Econ 101 isn't working yet
(NYT: separate free registration required)

Tousa gets extension to file bankruptcy-exit plan
(DBN Subscription Required)

A Slew of New Subprime Lawsuits
(DBN Subscription Required)

Calif. community abuzz over builder
(DBN Subscription Required)

Lenders try to help homeowners in trouble but is it too little, too late?
(DBN Subscription Required)

High end housing development files bankruptcy
(DBN Subscription Required)

Contractors Are Kept Busy Maintaining Abandoned Homes
(NYT: separate free registration required)

Lawsuits accelerate amid US housing crisis
(DBN Subscription Required)

OCC head says mortgage lenders need to build up reserves - and fast
(DBN Subscription Required)

North Texas homebuilders feel the sting of the housing slump
(DBN Subscription Required)

Commercial property in a world of hurt
(DBN Subscription Required)

Watch Out! Home Prices Are Headed Even Lower
(DBN Subscription Required)

PA AG sues over $40 million mortgage Ponzi scheme
(DBN Subscription Required)

______________

Economy:

Home Resales Decline, Inventories Jump
(DBN Subscription Required)

Gasoline prices skyrocket
(DBN Subscription Required)

Gasoline Near $4 Shortens Trips for US Memorial Day
(DBN Subscription Required)

Paulson's job growth forecast may underperform, economists' survey says
(DBN Subscription Required)

Fed's not so cryptic this time about what it'll do next
(DBN Subscription Required)

Fed Economist Says Loan Auctions Cut Borrowing Costs
(DBN Subscription Required)

Oil trades above 133 dollars in Asia
(DBN Subscription Required)

Corn Costs Signal Biggest Beef Surge Since 2003
(DBN Subscription Required)

______________

Aviation:

United, American, Delta hike fares by another $60
(DBN Subscription Required)

US Airlines Post Biggest 1-Week Drop Since Sept. 11
(DBN Subscription Required)

Contract delay sours mood for American Airlines and mechanics
(DBN Subscription Required)

Airlines watch flight attendants' vote at Delta
(DBN Subscription Required)

Passengers With Antlers Will Pay More
(NYT: separate free registration required)

Cash-Poor Airlines Down, Almost Out
(DBN Subscription Required)

Nashville Airport Authority takes hit in credit crisis fallout
(DBN Subscription Required)

More Travelers, Costlier Oil, and More Commotion
(NYT: separate free registration required)

Aircraft leasing firms say they can weather the industry's woes
(DBN Subscription Required)

How a 2-Hour Flight Stretches Into 19
(NYT: separate free registration required)

Ryanair chief warns of possible Aer Lingus bankruptcy
(DBN Subscription Required)

Eos Airlines says bankruptcy court approves auction
(DBN Subscription Required)

Alitalia stalls annual accounts
(DBN Subscription Required)

Taipei court rejects FAT's restructuring application
(DBN Subscription Required)

Silverjet seeks emergency funds after rescue loan fails to appear
(DBN Subscription Required)

Making some 'cents' of the airline industry
(DBN Subscription Required)

Airline Passengers Call for Emergency Fund
(DBN Subscription Required)

Amid the credit crunch, air travel budgets have been grounded at many companies, putting a squeeze on already ailing airlines
(DBN Subscription Required)

______________

Wall Street:

European Stocks, US Index Futures Decline
(DBN Subscription Required)

Stock Futures Point to Mixed Open
(WSJ: separate paid subscription required)

UK Stocks Advance
(DBN Subscription Required)

Indian Stocks Fall to Six-Week Low
(DBN Subscription Required)

Wall Street Dismissals, Not as Bad as '01, Signal Worst to Come
(DBN Subscription Required)

Blackstone Group and private equity peers fall from Wall Street's heights
(DBN Subscription Required)

Lost Chances in Bear's Last Days
(WSJ: separate paid subscription required)

Landlord Challenges Bear Stearns' Sale Of $1.1 Billion Madison Avenue HQ
(DBN Subscription Required)

Lehman Brothers' Dilemma
(WSJ: separate paid subscription required)

Lehman Brothers stock price drops after short-seller's speech
(DBN Subscription Required)

Lehman, Morgan Stanley Estimates Cut
(DBN Subscription Required)

Merrill Suspends Trader, Finds Overvalued Derivatives
(DBN Subscription Required)

Auction-Rate Securities Give Firms Grief
(WSJ: separate paid subscription required)

______________

Committees:

Big bankruptcies spur 'beauty contests'
(DBN Subscription Required)

______________

Rating Agencies:

SEC probing main credit rating agencies
(DBN Subscription Required)

Report says Moody's, others shifted analysts at banks' request
(DBN Subscription Required)

______________

Insider Compensation:

Firms stumble, but CEOs cash in
(DBN Subscription Required)

Perks wilting in the sunshine?
(DBN Subscription Required)

Fair is fair -- but pensions for executives often aren't
(DBN Subscription Required)

HSBC executive pay under pressure
(DBN Subscription Required)

______________

Distressed Investing:

Finding Potential for Debt in Distress
(NYT: separate free registration required)

______________

Banking:

UBS Falls After Saying More Mortgage Losses Possible
(DBN Subscription Required)

Clock is Ticking for Banks With Asset Quality Issues
(DBN Subscription Required)

Troubled German Lender IKB Posts Whopping Loss
(DBN Subscription Required)

Ex-Credit Suisse banker faces sentencing
(DBN Subscription Required)

______________

 

 

New Bankruptcy Opinions
(1 new opinion 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)

____________

Autos:

Auto Industry Feels the Pain of Tight Credit
(NYT: separate free registration required)

Delphi's final chapter?
(DBN Subscription Required)

Delphi Asks Judge to Set Appaloosa Funding Trial for August
(DBN Subscription Required)

Dearborn-based Plastech gets judge's OK to sell its assets
(DBN Subscription Required)

American Axle Workers Approve Contract, End Strike
(DBN Subscription Required)

Falcon Hyundai files for bankruptcy
(DBN Subscription Required)

GM Says North American Strikes to Cost $2.8 Billion
(DBN Subscription Required)

Excello seeks DIP
(DBN Subscription Required)

______________

Emergency Response:

American LaFrance bankruptcy exit seen in weeks
(DBN Subscription Required)

______________

Education:

Helicopter School May Face Inquiry
(DBN Subscription Required)

Debt could mean curtains for RAPA arts school
(DBN Subscription Required)

______________

Franchises:

NexCen President Calms Franchisees' Fears
(DBN Subscription Required)

______________

Student Debt:

Gen Xers don't deserve pity for debt woes
(DBN Subscription Required)

______________

Health and Beauty:

Solar Cosmetic to sell two units
(DBN Subscription Required)

______________

Municipalities:

It's official: Vallejo formally files for Chapter 9 bankruptcy
(DBN Subscription Required)

Vallejo residents should expect tighter budget
(DBN Subscription Required)

California city that is in bankruptcy may become the model for others
(DBN Subscription Required)

Do the right thing
(DBN Subscription Required)

______________

Finance:

Libor Cracks Widen as Bankers Struggle With Reforms
(DBN Subscription Required)

Junk Piled High
(DBN Subscription Required)

Leading Venture Capitalists Reflect On Business Failure
(DBN Subscription Required)

______________

Accounting:

Goldman to end banking lobby ties over 'Alice in Wonderland accounting'
(DBN Subscription Required)

Reg FD is putting old boys' network on fritz
(DBN Subscription Required)

_____________

Mining:

Massey Fears Profit Hit as Appeal Is Rejected
(WSJ: separate paid subscription required)

______________

Textiles:

Joy Dyeing wins DIP approval
(DBN Subscription Required)

Quaker weaves liquidation plan
(DBN Subscription Required)

______________

UK:

Bank manager in court for aiding bankrupt
(DBN Subscription Required)

UK May House Prices Fall for an Eighth Month, Hometrack Says
(DBN Subscription Required)

Pound Falls Against Major Currencies as Housing Market Slumps
(DBN Subscription Required)

Brokers losing out in mortgage market
(DBN Subscription Required)

UK Mortgage Approvals Fall 39% on Tighter Lending
(DBN Subscription Required)

UK April Mortgage Approvals, Lending Rise
(DBN Subscription Required)

Fishermen hold emergency meeting in face of crippling fuel prices
(DBN Subscription Required)

Actor comes clean about money
(DBN Subscription Required)

U.K. Trucks Stream Into London to Protest Fuel Prices
(DBN Subscription Required)

Pension funds believe Widows' advice cost £1bn
(DBN Subscription Required)

MG Rover investigation costs top £12m
(DBN Subscription Required)

______________

Australia:

Til debt do us part
(DBN Subscription Required)

Families becoming the new bankrupt
(DBN Subscription Required)

Centro Properties Falls After Second Disclosure Lawsuit Lodged
(DBN Subscription Required)

______________

Canada:

Canada's Top Court Grants BCE Request for Expedited Hearing
(DBN Subscription Required)

______________

New Zealand:

New Zealand Economy in Recession
(DBN Subscription Required)

______________

EU:

ECB's Liebscher Says Inflation Leaves No Room to `Relax' Rates
(DBN Subscription Required)

Inflation Erodes Confidence of German Consumers, French Firms
(DBN Subscription Required)

Cheapest European Stocks Since 2002 to US Slide
(DBN Subscription Required)

______________

South Africa:

South African Economic Growth Drops to Six-Year Low
(DBN Subscription Required)

______________

Israel:

US Businessman Testifies He Gave Cash to Olmert
(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 (email inquiries are usually answered substantially more quickly than phone inquiries).