January 16, 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:

Early Return from NY Deposition Puts Attorney on Life-and-Death Plane Ride
(DBN Subscription Required)

Rocky times for Mayer Brown's new management
(DBN Subscription Required)

Hahn & Hessen Names New Bankruptcy Partner
(DBN Subscription Required)

Haynes and Boone Names New Bankruptcy Partner
(DBN Subscription Required)

No 'Class Bump' for Haynes and Boone Associates
(DBN Subscription Required)

Smith Gambrell Adds Bankruptcy Partner
(DBN Subscription Required)

Cadwalader Sends NY Leader to London to Clean Up Mess After Defections
(DBN Subscription Required)

How Will The Profession Be Changed By The Deep Recession
(DBN Subscription Required)

Global Projects Boost Cleary's Revenue Figures
(DBN Subscription Required)

You Want the Good News or the Bad News?: Some Get Axed, Other Told They'll Get Raises
(DBN Subscription Required)

A Look at Marc Dreier’s Worldly Possessions
(DBN Subscription Required)

Defense Attorney Asks for Dreier's Release on Bail
(DBN Subscription Required)

Dreier’s Lawyer on Bail: I Think the Comparison to Madoff is Useful
(DBN Subscription Required)

Lott’s Name Surfaces in Connection with New Scruggs Suit
(DBN Subscription Required)

Milberg Kickback Defendant Gets Short Reprieve From Prison
(DBN Subscription Required)

Law firm mergers shot up in 2008
(DBN Subscription Required)

Rival top 10 London firms decline repeat of Clifford Chance job cuts
(DBN Subscription Required)

Ballard Spahr Latest to Announce Cuts
(DBN Subscription Required)

Fake Ad for $30K NY Lawyer Job Gets Real Responses
(DBN Subscription Required)

Boston’s Foley Hoag Lays Off 32 Associates and Staff
(DBN Subscription Required)

UK firm lays off 31 members of support staff
(DBN Subscription Required)

Layoff Watch: From Russia With Love
(DBN Subscription Required)

A&O to layoff 10 in Hong Kong
(DBN Subscription Required)

Many new partners facing the prospect of being 'managed out'
(DBN Subscription Required)

Olshan, Dechert, Ashby Geddes on Hedge Fund/Icahn Dispute
(DBN Subscription Required)

Court "Information Centers" Elevate Court Clerks To Lawyer Status
(DBN Subscription Required)

How Good Recession Advice Can Have Nasty Consequences
(DBN Subscription Required)

Video Marketing Tips for Lawyers
(DBN Subscription Required)

Firms, GCs to Develop "Best Practices" for Diversity, Work-Life Balance
(DBN Subscription Required)

Staying Employed: Remain Visible and Flexible
(DBN Subscription Required)

Partner blames baby for his bad temper
(DBN Subscription Required)

Associate publishes steamy novel
(DBN Subscription Required)

Ohio lawyer gets 4 years for stealing from clients
(DBN Subscription Required)

Tempe bankruptcy lawyer indicted in stabbing death of ASU student
(DBN Subscription Required)

Latest Law School Ranking Puts Harvard at No. 1, Georgetown No. 2
(DBN Subscription Required)

______________

Judges:

Ninth Circuit Judges Remain Collegial, Kozinski Says
(DBN Subscription Required)

Tribes want more American Indians on federal bench
(DBN Subscription Required)

Judge suspended after drunken shenanigans
(DBN Subscription Required)

______________

Wall Street:

US futures up as $400 bln bank losses protected
(DBN Subscription Required)

Dow May Fall to 6000 Should 2008 Low Be Pierced
(DBN Subscription Required)

Global Stocks Rise
(DBN Subscription Required)

Markets Rebound From Morning Fall
(DBN Subscription Required)

Let me count the ways it was a sucker’s rally
(DBN Subscription Required)

A Wall Street Suicide Epidemic?
(DBN Subscription Required)

The New Bonus Economy
(DBN Subscription Required)

Short-seller Jim Chanos, whose fund is up 50 percent, is having the time of his life
(DBN Subscription Required)

JPMorgan Ekes Out Profit On WaMu, Comml Lending
(DBN Subscription Required)

JPMorgan chief says 2009 will be bleak
(DBN Subscription Required)

______________

Food/Drink:

Number of Restaurants Needs To Drop For Recovery To Happen
(DBN Subscription Required)

Archway cases to be converted
(DBN Subscription Required)

Steakhouses: Buyouts and bankruptcy
(DBN Subscription Required)

Denny's fiscal 4Q same-store sales decline
(DBN Subscription Required)

Denny's says it will meet or beat 2008 outlook
(DBN Subscription Required)

The rise and fall of a kosher powerhouse
(DBN Subscription Required)

Agriprocessors' Trust Could Settle Outstanding Bills
(DBN Subscription Required)

Beer sales falling with economy
(DBN Subscription Required)

______________

Layoffs:

MeadWestvaco Will Cut 2,000 Jobs, 10% of Its Workers
(DBN Subscription Required)

Barclays slashing 4,600 jobs in one week
(DBN Subscription Required)

MeadWestvaco to cut 2,000 jobs
(DBN Subscription Required)

Pfizer May Fire 2,400, One-Third of US Sales Force
(DBN Subscription Required)

Paul Allen's Vulcan to lay off 50 employees
(DBN Subscription Required)

AAA to cut 200 jobs, close 34 offices in 7 states
(DBN Subscription Required)

PolyOne to Cut 8% of Workforce, Close Factory
(DBN Subscription Required)

Marshall & Ilsley Cuts 830 Jobs After Posting Loss
(DBN Subscription Required)

More layoffs announced by Random House
(DBN Subscription Required)

Autodesk to cut 750 jobs, sees 4Q loss
(DBN Subscription Required)

Saks to Cut 1,100 Jobs, Eliminate Merit-Based Raises
(DBN Subscription Required)

Microsoft Is Exploring Job Cuts
(WSJ: separate paid subscription required)

Standard Microsystems to cut jobs
(DBN Subscription Required)

My Laid Off Life
(DBN Subscription Required)

The thought process behind head-count reductions
(DBN Subscription Required)

Georgia layoffs drive up unemployment numbers
(DBN Subscription Required)

Salary Freezes: How to Cope
(DBN Subscription Required)

Adecco Sees ‘More Severe’ Staffing Slump Than in 2001
(DBN Subscription Required)

______________

Autos:

GM warns analysts that auto sales will drop below projection
(DBN Subscription Required)

'B' word is GM's leverage
(DBN Subscription Required)

Car sales around the world dried up in the last quarter of 2008. What are the prospects for an industry so reliant on credit and consumer confidence?
(DBN Subscription Required)

GM's Sales Forecast Sinks With Consumer Confidence
(DBN Subscription Required)

Chrysler Financial Is Said to Seek $1.5 Billion in US Aid
(DBN Subscription Required)

Chrysler Extends Shutdown for 3 Plants on Weak Sales
(DBN Subscription Required)

Car Makers Tout Market Share Amid Weak Sales
(DBN Subscription Required)

GM, Chrysler Recovery Bid May Be Disrupted by Supplier Failures
(DBN Subscription Required)

Auto suppliers could be next to seek federal loans
(DBN Subscription Required)

An Auto Show for Congress
(WSJ: separate paid subscription required)

American Axle CEO says restructuring on track
(DBN Subscription Required)

What's Next — The Louisiana Spin-Off?
(DBN Subscription Required)

The new rules of car buying
(DBN Subscription Required)

Ford Australia to Shutter Consumer Credit Business
(DBN Subscription Required)

Jaguar Cuts 450 Jobs
(DBN Subscription Required)

Nissan faces first loss under Ghosn
(DBN Subscription Required)

Toyota further cuts production in North America
(DBN Subscription Required)

Honda slashes jobs and production
(DBN Subscription Required)

Japan: No subsidies for automakers
(DBN Subscription Required)

______________

Alternative Energy:

GOE Lima sets 2nd auction try
(DBN Subscription Required)

The Ethanol Industry Continues to Face Decreased Demand and Fewer Financing Options
(DBN Subscription Required)

Low oil prices are hurting the ethanol industry
(DBN Subscription Required)

Ethanol survives crisis
(DBN Subscription Required)

______________

Lehman:

Is Lehman CEO Dick Fuld the true villain in the collapse of Wall Street?
(DBN Subscription Required)

Lehman CEO sees fast exit from Chapter 11—but bankruptcy judge not so sure
(DBN Subscription Required)

______________

Accounting:

PwC's letter to Satyam
(DBN Subscription Required)

Top Obama Advisers Clash on Global Accounting Standards
(DBN Subscription Required)

Auditor in Madoff scandal gravely ill with cancer
(DBN Subscription Required)

Dying Banks Threaten to Take Auditors With Them
(DBN Subscription Required)

Top Obama Advisers Clash on Global Accounting Standards
(DBN Subscription Required)

______________

Bonds:

Moody's: Uncertainty Fogs Junk Outlook
(DBN Subscription Required)

______________

Telecoms:

London Olympics Holds Talks With Nortel After Bankruptcy Filing
(DBN Subscription Required)

Vendors See Hope in Nortel's Bankruptcy
(DBN Subscription Required)

Canada's technology icon is unlikely to emerge from bankruptcy protection
(DBN Subscription Required)

Nortel CEO called on to fall on his sword
(DBN Subscription Required)

Delaware bankruptcy court restricts Nortel trading
(DBN Subscription Required)

Nortel's pension deficit helped push it over edge
(DBN Subscription Required)

How Nortel's 'falling knife' proves worth of index investing
(DBN Subscription Required)

E&Y appointed administrator of Nortel
(DBN Subscription Required)

Nortel exec: Bankruptcy filing was in part to preserve $2.4B
(DBN Subscription Required)

Nortel troubles not likely to impact carriers
(DBN Subscription Required)

Nortel bonds may prove irresistible to circling vultures
(DBN Subscription Required)

Bankrupt Nortel stands firm on 2010, 2012 Olympic sponsorships
(DBN Subscription Required)

Industry reaction to Nortel's bankruptcy filing
(DBN Subscription Required)

Nortel bankruptcy threatens Mass. companies, jobs
(DBN Subscription Required)

RBC on Nortel: Expect Widespread Repercussions from Bankruptcy
(DBN Subscription Required)

Skype Backer Goes Belly Up
(DBN Subscription Required)

Nortel UK goes into administration
(DBN Subscription Required)

______________

Executive Compensation:

Charter Ties Pay to Debt Restructuring
(DBN Subscription Required)

______________

Movie Industry:

Hollywood to feel pinch from DVD slump
(DBN Subscription Required)

______________

Tech:

Intel 4Q profit plunges 90 pct, meets forecasts
(DBN Subscription Required)

Intel Profit May Rebound as Buyers Work Off Supplies
(DBN Subscription Required)

Sales Of the PC Fall on Hard Times
(DBN Subscription Required)

Spansion delays interest payment, mulls options
(DBN Subscription Required)

______________

Chemicals:

Lyondell says Houston refinery normal despite bankruptcy
(DBN Subscription Required)

______________

Distressed Investing:

Distressed asset indices fall sharply
(DBN Subscription Required)

______________

 

 

Economy:

House Democrats propose $825 billion stimulus bill
(DBN Subscription Required)

Survey: Economists Divided on Plan
(DBN Subscription Required)

Obama hitting the road to sell his economic plan
(DBN Subscription Required)

US Senate Allows Use of $350 Billion From TARP
(DBN Subscription Required)

Fed should get out of bank bailout biz: Volcker
(DBN Subscription Required)

House $825 Billion Stimulus Has $275 Billion Tax Cut
(DBN Subscription Required)

US ‘Bad Bank’ Plan Gets Momentum to Revive Lending
(DBN Subscription Required)

US Consumer Prices Probably Had First Annual Drop Since 1954
(DBN Subscription Required)

Congress focuses on bailout as big banks slump
(DBN Subscription Required)

A New Menace to the Economy: 'Zombie' Debtors
(DBN Subscription Required)

Republicans Find Voice in Opposing Stimulus: 'Oh, My God'
(DBN Subscription Required)

Jobless Claims Climb, Producer Prices Decline
(DBN Subscription Required)

The New Financial World Order
(DBN Subscription Required)

Stimulus Could Pay for 40% of Itself
(DBN Subscription Required)

Is Stimulus Pushing Recovery Further Away?
(DBN Subscription Required)

Joe the Plumber needs a bailout, too
(DBN Subscription Required)

New York Factory Index Contracts for a Ninth Month in January
(DBN Subscription Required)

Depression, stock rout ahead, says SocGen
(DBN Subscription Required)

UN predicts zero world growth in 2009
(DBN Subscription Required)

The Recession Index
(DBN Subscription Required)

The Great Financial Flip-Flop
(DBN Subscription Required)

G30 says broken financial system badly needs repair
(DBN Subscription Required)

Bailout 2.0—The Coming Changes
(DBN Subscription Required)

______________

Real Estate:

CRE Loan Distress Levels Escalating Rapidly
(DBN Subscription Required)

Foreclosures Increase 225% Since 2006
(DBN Subscription Required)

Shared Appreciation Clawbacks
(DBN Subscription Required)

30-Year Mortgage Rate Falls Below 5%
(DBN Subscription Required)

Virginia Joins Countrywide Settlement
(DBN Subscription Required)

High Priced Homes Nearest NYC ‘Especially Weak’
(DBN Subscription Required)

NYC Real Estate Wipes Out Israel's Pension Funds
(DBN Subscription Required)

Are buyers protected when developers go under?
(DBN Subscription Required)

Tarragon lines up condo sale
(DBN Subscription Required)

Clearing Out the Overbuilding Hangover in California
(DBN Subscription Required)

State lawsuit accuses DBSI of defrauding investors
(DBN Subscription Required)

Biggest third mortgage ever?
(DBN Subscription Required)

How to Find Legitimate Mortgage Modification Help
(DBN Subscription Required)

Houston in middle of the pack for 2008 foreclosures
(DBN Subscription Required)

______________

Mining:

Asarco may consider Glencore plan
(DBN Subscription Required)

Zinc miner SRA files for bankruptcy protection
(DBN Subscription Required)

OZ Minerals Continues Bank Talks For Bridging Loan
(DBN Subscription Required)

ACM-Texas case now a liquidation
(DBN Subscription Required)

______________

Insurance:

For AIG, $1 billion down, another $59 billion to go
(DBN Subscription Required)

AIG Discloses $150 Million More in Retention Pay
(DBN Subscription Required)

Ambac, MBIA Eye TARP
(DBN Subscription Required)

Insurance bill for Madoff? Up to $3.8 billion
(DBN Subscription Required)

Protective Life Wins Status as Bank Holding Company
(DBN Subscription Required)

Phoenix Cos. closer to bailout funds
(DBN Subscription Required)

Why insurers need not fear recession
(DBN Subscription Required)

______________

Retailing:

Ailing Retailers Seek Stimulus
(DBN Subscription Required)

Tenants are gaining the upper hand in the market
(DBN Subscription Required)

Friedman's seeks liquidation OK
(DBN Subscription Required)

Circuit City negotiations continue
(DBN Subscription Required)

Will Gottschalks survive?
(DBN Subscription Required)

Gottschalks Given Two Months To Find Buyer
(DBN Subscription Required)

Gottschalks wins cash, DIP approval
(DBN Subscription Required)

Some workers' checks frozen by Shane filing
(DBN Subscription Required)

Many More Jewelry Bankruptcies Ahead Unless Retailers Change
(DBN Subscription Required)

Retailer Ahold reports 13 percent rise in 4Q sales
(DBN Subscription Required)

More Retail Bankruptcies Likely
(DBN Subscription Required)

Shopping center council predicts better 2nd half
(DBN Subscription Required)

Cupertino set for TRO hearing
(DBN Subscription Required)

Consumer spending falls, lifting retail vacancy rates
(DBN Subscription Required)

______________

Health Care:

Hollywood retirement community losing hospital
(DBN Subscription Required)

St. John’s, Mary Immaculate hospitals on verge of closure
(DBN Subscription Required)

Job cuts at W.Va. hospitals reflect market ills
(DBN Subscription Required)

The High Cost of Being Healthy
(DBN Subscription Required)

Lilly to Plead Guilty and Pay $1.42 Billion in Zyprexa Probe
(DBN Subscription Required)

UnitedHealth Settles Cheating Claims for $400 Million
(DBN Subscription Required)

Monogen unit to liquidate via ABC
(DBN Subscription Required)

______________

Banking:

Banks’ Loan Losses Could Reach $2 Trillion
(DBN Subscription Required)

Bank of America Gets $138 Billion Lifeline for Merrill Losses
(DBN Subscription Required)

Bank of America to Receive Additional $20 Billion
(DBN Subscription Required)

Bank of America Posts Quarterly Loss After Bailout
(DBN Subscription Required)

Is Bank of America headed in Citi's direction?
(DBN Subscription Required)

The cost of BofA's credit default swaps are rising fast
(DBN Subscription Required)

Renewed stability fears hit banks
(DBN Subscription Required)

Citi: Time for Heroic Measures?
(DBN Subscription Required)

Citi's troubles send the cost of its default swaps soaring
(DBN Subscription Required)

Why Citigroup Never Mattered
(DBN Subscription Required)

Citigroup Reports $8.3 Billion Loss, Split Into Two Businesses
(DBN Subscription Required)

Citigroup Seen Shaking Up Its Board Along With Bank
(DBN Subscription Required)

So what will Citi look like after a restructuring?
(DBN Subscription Required)

Bank of America, Citigroup Are Hammered by Investors
(DBN Subscription Required)

Bank of America’s Lewis Has to Pay for Blunders
(DBN Subscription Required)

Treasury and Bank of American near bailout deal
(DBN Subscription Required)

For BofA, nothing fair about Merrill deal
(DBN Subscription Required)

Merrill's troubles anger BofA executives
(DBN Subscription Required)

Genworth Financial Falls as Deadline for TARP Eligibility Looms
(DBN Subscription Required)

Will United States be forced to nationalize banks?
(DBN Subscription Required)

Rescue of Banks Hints at Nationalization
(DBN Subscription Required)

Bair Would Be Surprised by US Bank Nationalization
(DBN Subscription Required)

Marshall & Ilsley falls to 4Q loss of $403.9M
(DBN Subscription Required)

Painful deleveraging. Coming soon.
(DBN Subscription Required)

Time to Recapitalize Banks Fully
(DBN Subscription Required)

Global banks booking billions more in writeoffs, losses
(DBN Subscription Required)

The Age of Mediocre Banks
(DBN Subscription Required)

______________

Prognostication:

They always knew the economy would collapse. What do they think will happen next?
(DBN Subscription Required)

______________

Finance:

Credit Crunch Killing Exports
(DBN Subscription Required)

Sharp Decline in Commercial Paper Issuance Noted
(DBN Subscription Required)

______________

Student Debt:

The great college savings fiasco
(DBN Subscription Required)

College Students Paying More for Less
(DBN Subscription Required)

______________

Hedge Funds:

$14bn fall in Man assets is worse than expected
(DBN Subscription Required)

Citi Stiffs Investors on Liquidated Fund
(DBN Subscription Required)

Sam Israel’s Girlfriend Arrested
(DBN Subscription Required)

______________

Mass Torts:

"40 billion reasons why asbestos litigation will grow"
(DBN Subscription Required)

Los Angeles is a new focus for asbestos suits
(DBN Subscription Required)

______________

Media:

Charter subsidiaries miss $73.7M interest payments
(DBN Subscription Required)

Bankruptcy filing looms for Charter
(DBN Subscription Required)

Analyst slashes earnings forecast for News Corp.
(DBN Subscription Required)

______________

Aviation:

NWA mechanics approve Delta seniority pact
(DBN Subscription Required)

Delta estimates 2,000 workers to take severance
(DBN Subscription Required)

Airlines' traffic fell 7.1 percent in October
(DBN Subscription Required)

______________

Biotech:

Bioheart delinquent on loan, bankruptcy possible
(DBN Subscription Required)

______________

Municipalities:

Bridgeport puts half of workers in park
(DBN Subscription Required)

Why is the mayor of one of the nation's richest cities begging in Washington?
(DBN Subscription Required)

New York’s Bloomberg Vows to Create Jobs in Economic Storm
(DBN Subscription Required)

_____________

Jewelry:

Colibri Group, famed jeweler, may be forced to close
(DBN Subscription Required)

_____________

Shipping:

Panic in Asian dry bulk sector
(DBN Subscription Required)

_____________

Software:

SCO plans asset sale to help finance long-running legal battles
(DBN Subscription Required)

______________

Sovereign Debt:

Spain verging on bankruptcy
(DBN Subscription Required)

Ireland, Spain Lead Surge in European Government Bond Risk
(DBN Subscription Required)

Insuring US Government Debt: A Terrific Paradox
(DBN Subscription Required)

______________

Printing:

Majority of Dodge Printing workers laid off
(DBN Subscription Required)

______________

Recording Industry:

Wide Awake to buy Death Row
(DBN Subscription Required)

_____________

Radio:

When Will Sirius XM File for Bankruptcy ?
(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)
(DBN Subscription Required)

____________

Bankruptcy Reform:

Obama To Change Bankruptcy Laws To Help Homeowners - Summers
(DBN Subscription Required)

JPMorgan chief attacks mortgage plan
(DBN Subscription Required)

The mystery of Citi's support for bankruptcy bill
(DBN Subscription Required)

______________

Bankruptcy Statistics:

Final Chapter - Fewer restructurings, more liquidations in bankruptcy court
(DBN Subscription Required)

______________

Oil/Gas:

Barrel tumbles below $34
(DBN Subscription Required)

Bear market intensifies for crude; prices tumble
(DBN Subscription Required)

IEA Expects Big Fall in World Oil Demand
(DBN Subscription Required)

More insolvencies expected in oil patch
(DBN Subscription Required)

CDX Gas can use cash collateral
(DBN Subscription Required)

Morgan Stanley Said to Seek Supertanker to Store Oil
(DBN Subscription Required)

Crude Oil and Natural Gas Companies Maneuver to Adapt to a Lean Year in 2009
(DBN Subscription Required)

Oil sands players retrench as crude slides
(DBN Subscription Required)

BA Energy seeks creditor protection
(DBN Subscription Required)

Two SemGroup executives up for two sets of bonuses
(DBN Subscription Required)

Victims wait as US marshals seek Texas oilman
(DBN Subscription Required)

______________

Fraud:

Madoff Wasn't Friend, Pain Is ‘Unbearable,’ Kohn Says
(DBN Subscription Required)

Bernie Madoff Will Take Even the Health From Your Body
(DBN Subscription Required)

Madoff investors may have to pay back money spent
(DBN Subscription Required)

Despite Red Flag, UBP Stuck With Madoff
(DBN Subscription Required)

The Man Who Will Prosecute the Bernard Madoff Case
(DBN Subscription Required)

Feds put Madoff victims on hot seat
(DBN Subscription Required)

Where's Wife?
(DBN Subscription Required)

Financier Faces Inquiry in Madoff Case
(DBN Subscription Required)

Government may sink claws into Madoff investors
(DBN Subscription Required)

Cuomo Said to Subpoena Merkin, 15 Nonprofit Groups
(DBN Subscription Required)

The Amazing Harry Markopolos
(DBN Subscription Required)

Big-Hearted Bernie Kept Boosting Pay Even As Business Tanked
(DBN Subscription Required)

Marcus Schrenker's Totally Embarrassing Adventure
(DBN Subscription Required)

Investigators share details that led them to Schrenker
(DBN Subscription Required)

US SEC nominee promises "laser" focus on fraud
(DBN Subscription Required)

Georgia Firm Accused of Ponzi Scam Before Stock Sale
(DBN Subscription Required)

Interim trustee to oversee assets of vanished trader
(DBN Subscription Required)

______________

Politics:

Cheat on Your Taxes? Run the IRS!
(DBN Subscription Required)

Is Geithner getting kid-glove treatment over unpaid taxes?
(DBN Subscription Required)

Time's Up for Geithner
(DBN Subscription Required)

______________

Trucking:

PT hauls reorg plan to court
(DBN Subscription Required)

ActionView becomes Jim Palmer Trucking's foul mouthpiece
(DBN Subscription Required)

______________

Newspapers:

Boston Globe offers buyouts, layoffs possible
(DBN Subscription Required)

Minneapolis Star Tribune in bankruptcy filing
(DBN Subscription Required)

Star Tribune bankruptcy: a few FAQs
(DBN Subscription Required)

The Star Tribune, journalism and the future
(DBN Subscription Required)

Star Tribune workers: Paper 'more ours' than owner's
(DBN Subscription Required)

Tribune given more time to file bankruptcy papers
(DBN Subscription Required)

Hoffa Says Tribune Workers Should Come First in Bankruptcy Court
(DBN Subscription Required)

Once-Thriving Papers, Prospects Continue to Dim
(DBN Subscription Required)

Thoughts on Hirschfeld declaring bankruptcy, and the future of newspapers
(DBN Subscription Required)

Newspapers jump through hoops to stay alive
(DBN Subscription Required)

Outsourcing the newspaper business
(DBN Subscription Required)

Bankruptcy judge OKs Tribune's short-term financing plan
(DBN Subscription Required)

______________

Bankruptcy Humor:

Bankruptcy On Steroids
(DBN Subscription Required)

______________

Packaging:

Bankruptcy near for Smurfit-Stone: report
(DBN Subscription Required)

______________

Transport:

Greatwide Logistics sale cleared
(DBN Subscription Required)

Paper Cuts Weaken Freight
(DBN Subscription Required)

_____________

Credit Cards:

Democrats Propose Measure to Limit Credit-Card Abuses
(DBN Subscription Required)

Cap One's December Charge-Off, Delinquency Rates Jump
(DBN Subscription Required)

______________

Corporate Reform:

SEC Nominee Offers Plan for Tighter Regulations
(DBN Subscription Required)

______________

Derivatives:

Changes to Liz Claiborne's revolver may trigger swaps payments
(DBN Subscription Required)

______________

Forest Products:

Taylor-Ramsey gets interim OK to tap cash
(DBN Subscription Required)

______________

Religion:

Diocese launches $22 million capital campaign
(DBN Subscription Required)

Jesuit Priests Accused of Sex Abuse in Alaska
(DBN Subscription Required)

______________

M&A:

M&A activity set to gather pace
(DBN Subscription Required)

Global M&A in the Fourth Quarter of 2008 Hit a Five-Year Low
(DBN Subscription Required)

_____________

UK:

Banks accused of failure to protect assets
(DBN Subscription Required)

Brown Gives $292 Million to Limit Home Repossessions
(DBN Subscription Required)

Top UK central banker says recession will be deep
(DBN Subscription Required)

When it comes to UK housing — “We've only just begun…”
(DBN Subscription Required)

1.5m homeowners face 'disaster' if house prices keep falling
(DBN Subscription Required)

Eurotunnel full-year revenue down more than 9%
(DBN Subscription Required)

Avoid Bankruptcy - Restructuring In The UK And Beyond
(DBN Subscription Required)

Bank complaints set to hit record
(DBN Subscription Required)

Equitable victims to get payouts
(DBN Subscription Required)

Equitable Life apology for all but only a few will get redress
(DBN Subscription Required)

'Why is Equitable different from a failed bank?'
(DBN Subscription Required)

Debt woes rise for top 350
(DBN Subscription Required)

Loanmakers shares suspended, fails to obtain funding
(DBN Subscription Required)

______________

EU:

Trichet Vision Unravels as Italy, Spain Debt Shunned
(DBN Subscription Required)

Trichet Says 2 Percent Not ‘Lowest Level,’ Rules Out Zero Rates
(DBN Subscription Required)

______________

India:

Does Satyam Have Enough Cash?
(DBN Subscription Required)

Satyam Banks on Arrested Chairman’s Deputies to Retain Clients
(DBN Subscription Required)

______________

Finland:

Elcoteq to Close Plants, Cut 5000 Jobs to Trim Costs
(DBN Subscription Required)

______________

Germany:

German DIW Says Economy Will Contract 0.8% in First Quarter
(DBN Subscription Required)

German woes deepen with big final-quarter contraction
(DBN Subscription Required)

______________

S. Korea:

Korea’s Largest Banks May Have Ratings Cut by Moody’s
(DBN Subscription Required)

Fears Growing Over 2nd Economic Crisis
(DBN Subscription Required)

Receive Korea Swap on ‘Prolonged Recession,’ DBS Says
(DBN Subscription Required)

______________

Japan:

Mitsubishi UFJ to Book 288 Billion Yen Loss on Stocks
(DBN Subscription Required)

BOJ warns of tightening credit amid bank losses
(DBN Subscription Required)

Fuji Heavy Forecasts Loss on Weak Demand, Strong Yen
(DBN Subscription Required)

Honda reducing Japan jobs as it trims production
(DBN Subscription Required)

______________

Middle East:

Moody's assigns UAE banks negative outlook
(DBN Subscription Required)

Abu Dhabi Wealth Fund Lost $125 Billion
(DBN Subscription Required)

______________

Canada:

In the new world of insolvency, companies file early
(DBN Subscription Required)

Oil firm seeks protection
(DBN Subscription Required)

Canada December Existing-Home Sales Fall 1.8% to Eight-Year Low
(DBN Subscription Required)

______________

Australia:

Gillard Says Australia Prepared to Act If World Economy Worsens
(DBN Subscription Required)

______________

Mexico:

Mexican Stocks Drop for Ninth Day, Longest Decline in a Decade
(DBN Subscription Required)

______________

Ireland:

Ireland’s Government to Nationalize Anglo Irish Bank
(DBN Subscription Required)

Irish bail-out fear fuels drop in euro
(DBN Subscription Required)

______________

Venezuela:

Chavez Boom Turns Bust as Oil Earnings Plunge
(DBN Subscription Required)

______________

Russia:

Economic crisis pressures Russia's ruling tandem
(DBN Subscription Required)

______________

Hong Kong:

Hong Kong Dec bankruptcies hit five-year high
(DBN Subscription Required)

______________

China:

China’s Economy Faces 2009 ‘Hard Landing,’ Fitch Says
(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. 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).