Law:

Fox Rothschild Puts Brakes on First-Year Salary Hikes
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Lawyers Gear Up Grand New Fees
(WSJ: separate paid subscription required)

O'Melveny Adds Restructuring Partner
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Identifying Trends Helps Keep Client Teams Effective
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Plaintiffs Bar Eyes Big False Claims Case
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A Judge Judy in Waiting?
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X-Summers: Loose Lips Sink Offers
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Say What?!
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Facebook Costs, Benefits Firms
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Winning the Race to a Paperless Office
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Insurers Taking Stock of E-Discovery Costs
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Controversy Escalates Over Mich. Law School's Move
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New Norm: Sending Legal Work Abroad
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Law Firms: Outsourcing's Next Victim?
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The India Law Industry - And Why US Law Firms Love It
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Wikiscanning Orrick, MoFo and OMM
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Firm Editing on Wikipedia
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US Associate Heads South of Border in Novel Exchange Program
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Shearman & Sterling Adds Two Derivatives Counsel
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Do Lawyers Know Anything?
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Real Estate:

Home Foreclosures Almost Double in July as Rates Rise
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Mortgage applications fall 5.5%
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MGIC, Threatening to Scrap Deal, Sues Radian for Data
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Foreclosure's Building Problem
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Big Mortgage Lender in Chapter 11 Filing
(NYT: separate free registration required)

Job cuts add to cost of loans fiasco
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Lender's failure puts Tucsonans' lives in flux
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No paychecks, but assistance promised for First Magnus workers
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First Magnus revises assistance offer
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Home buyers left in lurch by lender's bankruptcy
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Other lenders eager to offer mortgages
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Mortgage Counseling Hits Roadblocks
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Surge in US home repossessions
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Legal Claims Proliferate From Mortgage Meltdown
(DBN Subscription Required)

So Many Deals, So Much Debt
(NYT: separate free registration required)

California leads nation in foreclosures
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Florida foreclosure activity drops, but state is still a national leader
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Georgia among tops in US foreclosures
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Arizona foreclosures up in July
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Home foreclosures up 60% in Hawaii
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Del. foreclosure filings rise
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Foreclosure wave hits Iowa hard
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Nevada leads sharp rise in US foreclosures
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Capital One Shutters Mortgage Business
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Countrywide stock moves up on talk of Buffet purchase
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Judge Approves HomeBanc Deal To Help Lawyers
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Ailing builder bets on NJ
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3 ways to help borrowers without bailing them out
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Subprime Profiteers Go Belly Up
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American Home Mortgage "Bombarded" by Demands From Lenders
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Accredited Home Lenders announced plans to sharply curtail operations and cut more than half its staff, amid troubles in the nonprime mortgage industry
(WSJ: separate paid subscription required)

Mortgage defaults still a threat
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Toll Brothers Posts Lower Quarterly Profit
(NYT: separate free registration required)

Real estate market can't support agent numbers
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Beazer tries to block creditors
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Builder, wife to serve time in prison
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Subprime Mess, Credit Excess - This Ain't My American Dream!
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The White House is looking to the FHA to help homeowners who are at risk of falling behind on their payments
(WSJ: separate paid subscription required)

Carlyle Rescues Mortgage Fund
(WSJ: separate paid subscription required)

Edgewater awarded disputed buildings
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American Woodmark Cuts Profit Outlook
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Harry Macklowe, the highflying New York developer, may be getting his wings clipped
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Money Centers' Landlords Are Nervous
(WSJ: separate paid subscription required)

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Bankruptcy Crimes:

District judge sets aside bankruptcy fraud convictions
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Couple pleads not guilty to bankruptcy fraud charges
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Lawyers withdraw from Teutul's case
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Food/Drink:

Trustee probes tip Giant Eagle threatened rival
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Debts kill off wine maker
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Autos:

Ford Stays the Course, Wherever It May Lead
(NYT: separate free registration required)

Chrysler willing to cut deeper
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Chrysler May Revisit Recovery Plan
(WSJ: separate paid subscription required)

Federal judge dismisses suit against 2 Dana execs
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Economy:

Bernanke's Strategy of Increasing Liquidity Survives
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Paulson fails to quell Dow jitters
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Fed May Avoid Rate Cut as Liquidity Bid Bears Fruit
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Volatility no reason for rate cuts, Fed's Lacker says
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Investors Say That Fed Must Do More for Markets
(NYT: separate free registration required)

No quick fix says Paulson as volatility hits bonds
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Bush Tries to Calm Skittish Investors
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Feds inject $3.75 billion into wobbly markets
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Dodd urges government to do more about credit crunch
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Fed Is Hopeful on Steps So Far
(WSJ: separate paid subscription required)

2005 Incomes, on Average, Still Below 2000 Peak
(NYT: separate free registration required)

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Sentinel:

Sentinel OKd to Distribute $300M
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Sentinel Can Pay $312 Million to Clients, Barred From Sales
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Publishing:

Hollinger bondholders seek hike
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Barnes & Noble Won't Stock OJ Simpson's "If I Did It"
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Book chains plan for release of 'If I Did It'
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Mass Torts:

Law Firm to Clients: Unfortunately, You're Healthy
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Plaintiffs Find Payday Elusive in Vioxx Cases
(NYT: separate free registration required)

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Software:

Halo Technology seeks bankruptcy protection
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Banking:

FDIC reports on banks, thrifts
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Chase Cutting 450 Employees
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Corporate Reform:

Ex-official gets four years for mail fraud
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Former Illinois Governor To Begin Jail Sentence
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Health Care:

Foundation submits offer for Kessler
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Report: Bankruptcy hasn't hurt care
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Greater Southeast disputes claim in lawsuit over bankruptcy restructuring
(DBN Subscription Required)

Fed judge prods state to decide BMC future
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Bankruptcy judge, health commissioner weigh ailing hosp's fate
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Grady seeks $100M backed by Fulton, DeKalb
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Utilities:

Calpine said likely to reject investment plan
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Ferns back in bankruptcy court
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County to pursue Dillon receivership
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Horse Racing:

NYRA might not clear bankruptcy until next year
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NYRA defends costly integrity deal
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Environmental:

NJ moves to head of Marcal claim line
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Bankruptcy Statistics:

Business Bankruptcies Are On The Rise
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Business Bankruptcy Rates Continue to Rise in 2007
(DBN Subscription Required)

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Wall Street:

Fed officials are cautiously optimistic that markets are stabilizing, but many on Wall Street are more pessimistic
(WSJ: separate paid subscription required)

Wall Street bonuses may take a cut for the first time in five years
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On Wall Street, all eyes on commercial paper market as barometer of credit squeeze
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With $550 billion in commercial paper coming due, borrowers must act
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Tax:

Pottow & Zywicki: Together at Last!
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Bankruptcy Reform:

Bankruptcy reform gaining momentum in Congress
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Sentinel repays some clients
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Bankruptcy Court gets a new home
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New Bankruptcy Opinions
(No new opinions 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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Damages for Deepening Insolvency: Judges Posner and Kaplan Consider the Elements of Proof
(DBN Subscription Required)

Aviation:

Delta Names Richard Anderson As CEO
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Delta's New CEO: No Plan To Merge With Northwest
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Surprise CEO Pick at Delta
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Delta turnaround exec expected to leave
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US Airways Pilots Split on Contract; Some Walk out of Talks
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Retailing:

Target shrugs off economic woes
(DBN Subscription Required)

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Refco:

Trusts Seek $2 Billion From Advisers to Refco
(NYT: separate free registration required)

Refco Trusts Seek $2 Billion From Banks, Auditors
(DBN Subscription Required)

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Credit Cards:

Credit Crunch Moves Beyond Mortgages - Individuals See Higher Rates, Harsher Terms on Credit Cards
(WSJ: separate paid subscription required)

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M&A:

Can Private Equity Firms Get Out of Buyouts?
(NYT: separate free registration required)

Tough times for high-profile IPOs
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Hedge Funds:

Hedge funds see opportunities in distressed debt
(DBN Subscription Required)

Solent Capital, Avendis Ratings Cut by S&P Amid Subprime Rout
(DBN Subscription Required)

GLG Down As Largest Strategy Falls Hardest
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Hedge Fund Manager, Intent on Market, Misses Maserati
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Hedge Funds Eye Shareholder Moves
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Fund manager found in Greece
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Troubled Quants
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Fitness:

Bally works out new plan to finance bankruptcy exit
(DBN Subscription Required)

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Rating Agencies:

From First Amendment Absolutism to Financial Meltdown?
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Fraud:

Looking for Fraud in All the Right Places
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Following Electronic Trails to Evidence of Fraud
(DBN Subscription Required)

Spotting and Curing Real Estate Fraud
(DBN Subscription Required)

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9th Circuit Confirms Ride Through Doctrine
(DBN Subscription Required)

Split Re Bankruptcy Court's Power to Grant Nondebtor Release
(DBN Subscription Required)

UK:

Vulture fund leaked documents to human rights group
(DBN Subscription Required)

Number of blacklisted Britons to reach 8.6m
(DBN Subscription Required)

Banks could be sued by IVA companies
(DBN Subscription Required)

ChoicesUK calls in administrators
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The unravelling credit line
(DBN Subscription Required)

Cheeky Girls face bankruptcy
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Will subprime turmoil hit UK mortgages?
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China:

China Raises Interest Rates to Cool Its Heated Economy
(NYT: separate free registration required)

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Poland:

Polish court grants Elektrim bankruptcy protection
(DBN Subscription Required)

Historic Gdansk shipyard struggles for survival
(DBN Subscription Required)

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Canada:

Stinson must wait to find fate of Toronto hotel operation
(DBN Subscription Required)

Notorious e-mail scam plucks unlikely pigeon
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New Zealand:

Watson creditor scheme fails
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'Unfair' to pin blame on advisers for Nathans loss
(DBN Subscription Required)

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Australia:

Evans and Tate into receivership
(DBN Subscription Required)

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Israel:

Heftsiba's Boaz Yona seen at Bucharest eatery
(DBN Subscription Required)

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