Law:

Bankruptcy Judge Sanctions Lawyer for Motion
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Economy's Frowns Turned Upside Down for Boutiques
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Negligence claims could spell the end for a large law firm, say top lawyers
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Duane Morris' New Co-Counsel Is Raising Eyebrows
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Bonus Watch: What's Up with O'Melveny & Myers?
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Bonus Watch: Latham and Gibson, in a Holding Pattern
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Bonus Watch: Ropes & Gray
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Bonus Watch: Arnold & Porter (New York)
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Perk Watch: Latham & Watkins Expands Parental Leave
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Okla. company sues Charleston law firm for $16 million
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Perelman Loses Appeal of Morgan Stanley Jury Award
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Fighting the Subtler Side of Sexism
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Legal Scandal Of the Day, Starring Verrill Dana
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Federal Judges' Salaries On Congress's Docket
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Potential Class-Action Suit Filed Over Two Morgan Keegan Funds
(WSJ: separate paid subscription required)

Ex-Tyco Lawyer: Show Me the Money
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Obama's Road Not Taken
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O Come All Ye Rainmakers!
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House Judiciary Committee OKs Bill to Raise Federal Judges' Pay
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Learning EDD From the Mistakes of Others
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Chancery Orders Production of Purportedly Privileged Report of Corporate Counsel; Metadata also Required
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Lawyer Depression Comes Out of the Closet
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ABA Magazine Names Gonzales Lawyer of the Year
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The National Law Journal's Lawyer of the Year 2007
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Federal Judge Lawyers Up, Requests Meeting With FBI Over Sexual Harassment Allegations
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Say What?!
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Economy:

Fed Pitches A Curve
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The Fed's Mild Medicine
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Fear at the Fed
(NYT: separate free registration required)

Fed Bypasses Procedures to Gain Auction Authority in Rare Move
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Is the Fed Smart, Dumb, or Both?
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Coordinated action attracts praise
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Behind Bernanke's Bombshell
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Alan Greenspan says the Fed is powerless
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Crisis unabated despite central bank assault
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Euribor Stays at 7-Year High, Defying Central Banks
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At last, a global solution to global credit crisis
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Central banks pool $114bn bailout fund
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What the central banks are trying to do
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The helicopters start to drop money
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Odds of 25 basis point cut in January no longer a certainty
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Californians expect bad economic times
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Wall Street:

Global Stocks, U.S. Futures Drop
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A Balancing Act on Bonuses
(NYT: separate free registration required)

Wall Street's Gains Erased
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The dogged bull
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Municipalities:

Florida says $9B can't be pulled from fund
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Florida Fund Reduced By $1.9 Billion After SIV Losses
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Florida auditors probe state investment funds
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Citizens Insurance backs away from troubled Florida fund
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Bankruptcy Rules:

Amendments To The Bankruptcy Rules Became Effective Dec. 1, 2007
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Horse Racing:

Near deadline, racetrack operator's fate unclear
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New York: Clock Ticks, Talks Rage
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Spitzer says progress being made on NYRA future
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NYRA could continue racing under last-minute `handshake' deal
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Hedge Funds:

House Committee Boosts CFTC's Authority
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Rangel Tax Measure Aims at Offshore Hedge-Fund Income
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White House Repeats Opposition To House AMT Patch
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Politics:

Economic gloom makes new election issue
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Student Debt:

Sallie Mae Outlook Lowered, Deal 'Dead'
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At Sallie Mae, a Rejection and a Downward Forecast
(NYT: separate free registration required)

Student Loans, The Next Financial Crisis?
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Credit Cards:

The Subprime Mess, Now In Plastic?
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FTC cracks down on non-disclosure of fees in the credit card processing industry
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Real Estate:

Bank of America's Lewis Muffs Housing Market Forecast
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Subprime Borrowers: Not Innocents
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Homebuilder Stocks Rise
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It's More Than the Economy Burning Office Depot
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Office Depot Blames Housing, Not Strategy
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US foreclosures jumped in November
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On the home mortgage stripdown bills - why perpetuate philosophical inconsistencies and hurt people for no gain?
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Fitch Withdraws GMAC Mortgage's Resi Servicer Ratings
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US Sen Coburn May Remove Block On FHA Bill
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Buyers sought in China for US houses
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Housing market will weight on Home Depot
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Receiver appointed for Berman Mortgage
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Mortgage bankers' group loses top lobbyist
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Countrywide Subpoenaed by Illinois
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H&R Block says it may need more financing
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Mortgage Refinancings Rose 4.3% Last Week
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Banking:

Bank of America warns writedown will top $3bn
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Help On Way For BofA
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Warnings Of Mounting Losses Overshadow Fed Move For US Banks
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US banks increase loss projections on mortgage credit crisis
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Banks See Bigger Loan Losses in 4Q
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Fund to Bail Out SIVs Loses Steam
(WSJ: separate paid subscription required)

Weill Says Citigroup CEO May Have to Revise Strategy
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Pandit likely to seek to cut Citi's dividend
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Wachovia: CDOuch
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Foreigners are buying up our banks
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Finance:

Fitch may cut ratings of bond insurer SCA
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US junk bond sales may fall 10 pct in 2008-Lehman
(DBN Subscription Required)

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Oil/Gas:

Monitor Oil Defends US Bankruptcy Filing
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Telecoms:

InPhonic Gets OK to Borrow $2.3M
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Autos:

Court approves Dana's Ch. 11 exit plan
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Flat '08 auto sales
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Subprime-wary Isuzu halts North America plant plan
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Auto loan delinquencies take a huge jump
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Health Care:

Agreement reached on control of troubled nursing home chain
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ProRhythm, Inc. Seeks Restructuring
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Barnert has two buyers on tap
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City Council Works To Ease Mee Hospital Financial Woes
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VHS ponders bankruptcy
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Kansas AG Investigating Weight-Loss Company
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Questions over 'fat melting' force clinics to close
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Bush vetoes children's insurance plan again
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Insurance:

Guy Carpenter rates risk of subprime E&O suits
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Latest Case Law On Coverage Issues Affecting Professional Liability And Director & Officers Insurance
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M&A:

Don't Despair for M&A: PwC Sees Gains
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Bankruptcy Crimes:

US whistleblower's details exposed on the web - Bankruptcy fraud whistleblower files civil lawsuit
(DBN Subscription Required)

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Financial Literacy:

Don't leave financial instruction behind
(DBN Subscription Required)

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Judges:

Accidental Lawyer Enjoys Work From the Bankruptcy Bench
(DBN Subscription Required)

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Utilities:

Calpine creditors vote for reorganization plan
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Electronic Court Access:

Trustee "Smart Form" May Become Data-Miner's Smart Bomb
(DBN Subscription Required)

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Layoffs:

Facility Closures and Layoff Announcements (Dec. 9-15)
(DBN Subscription Required)

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Probate:

Creditor as Administrator
(DBN Subscription Required)

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Accounting:

The Subprime Meltdown: Understanding Accounting-Related Allegations
(DBN Subscription Required)

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Debt Collection:

NYC Seeks Licensing of Debt Collectors
(DBN Subscription Required)

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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), (12)
(DBN Subscription Required)

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The easy way to monitor bankruptcy claims trading www.ClaimTradingAlerts.com 30-Day Free Trial

Bankruptcy Reform:

House committee approves mortgage bankruptcy measure opposed by industry
(DBN Subscription Required)

House Judiciary passes Subprime Mortgage Bill
(DBN Subscription Required)

Of Victims and Mortgages
(WSJ: separate paid subscription required)

Mortgage Deal Reached in House of Representatives
(DBN Subscription Required)

House panel oks bankruptcy relief for homeowners
(DBN Subscription Required)

Michigan Governor Granholm, Other Governors Call for Passage of Bankruptcy Legislation to Stop Foreclosures
(DBN Subscription Required)

Authenticating the means test
(DBN Subscription Required)

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Examiners:

Examiners Drive Up Chapter 11 Costs
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Aviation:

Northwest, pilots seek pension changes
(DBN Subscription Required)

Airline shares reverse as crude oil jumps past $92
(DBN Subscription Required)

Airline pilots: We'll derail mergers if left out of talks
(DBN Subscription Required)

Global Aircraft reaches settlement for stake in Delta bankruptcy
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IATA Lowers Airlines' Profit Outlook
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Alitalia yet to respond to takeover bid
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IATA 'carefully monitoring' Alitalia's financial status
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Olympic Airlines may close soon
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Corporate Reform:

The Curious Case of Conrad's Correctional Facility
(DBN Subscription Required)

Survey Finds Corporate Business Ethics Back to 'Pre-Enron Levels'
(DBN Subscription Required)

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Tax:

Stay Out Of Jail For $52 Million?
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House Democrats pass another doomed tax bill
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U.S. House Approves Minimum Tax Cut, Closes Hedge Fund Loophole
(DBN Subscription Required)

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Expos:

No Show Expos - A long line of people say they've been stiffed by Rolando Dumagan and company
(DBN Subscription Required)

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UK:

Brown Says Credit Crunch a `Wake-Up Call' for Leaders
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Insolvency trade association gives cautious welcome to IVA standards
(DBN Subscription Required)

Report forecasts rise in business failures
(DBN Subscription Required)

Homeowners 'are doomed to fail'
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Lenders 'at fault' on home loans
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The grinding pressure of mortgage debts
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European banks cut jobs in subprime crisis
(DBN Subscription Required)

Northern Rock Dropped From FTSE 100
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Troubled Northern Rock loses chief executive
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HBOS Writes Down Assets, Says Retail Profit to Drop
(DBN Subscription Required)

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Canada:

Struggling Saan seeks financing
(DBN Subscription Required)

Canada liquidity moves to help banks, flexibility
(DBN Subscription Required)

Proposed Thow deal goes under microscope again
(DBN Subscription Required)

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Netherlands:

Rexel knew about bankruptcy court case before bid -Hagemeyer
(DBN Subscription Required)

Hagemeyer to pay 50 mln euros damages, shares fall
(DBN Subscription Required)

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EU:

ECB warns of danger of a wider squeeze
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Germany:

German state ready to help troubled SachsenLB
(DBN Subscription Required)

German Institutes Cut 2008 Economic Growth Forecasts
(DBN Subscription Required)

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China:

Chairman of ant aphrodisiac company arrested
(DBN Subscription Required)

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Asia:

Economic growth in East Asia to slow
(DBN Subscription Required)

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Italy:

EU launches in-depth probe into restructuring aid for Italian company Ixfin
(DBN Subscription Required)

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Japan:

Subprime Impact On Japanese Banks Spreads More Than Expected
(DBN Subscription Required)

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Hong Kong:

HK banks may dip into red on subprime
(DBN Subscription Required)

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