Law:

Judge Rips Milberg on High Fee Proposal
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Giuliani's Grade at the Supreme Court
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What's Hot and What's Not in the Legal Profession
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Most-Favored Nation: Least-Favored Arrangement
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The Curious Incident of the Law Firm that Did Nothing in the Night-Time
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Lawyers, Lawyers, Everywhere (So Good Luck Finding A Job)
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Dewey & LeBoeuf scores talent from Weil, Gotshal
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How LeBoeuf landed Bienstock: "We have people here who are friends of his" (scroll down)
(WSJ: separate paid subscription required)

Round-Up of New York Law Firm Holiday Parties
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SKG Web Site: Scruggs Firm To Withdraw from Katrina Cases
(DBN Subscription Required)

Balducci Arraigned; Has Asked to Withdraw Law License
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Lawyer Pleads Not Guilty in Scruggs Case
(NYT: separate free registration required)

Plaintiff suing Scruggs offers clues, poses questions
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DLA Piper: The Firm Behind the Mitchell Report
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Hobbies are Good For Your Career
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The Mother of All MPRE Stories
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Funny Lawyer Ads No Joke in N.Y.
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New Law School in Texas?
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Should Biglaw Be Representing Small Clients?
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Credit Rating:

Due diligence, liquidity key to credit market unfreezing
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Municipalities:

Florida Investment Chief Quits; Fund Rescue Approved
(DBN Subscription Required)

Florida Fund's Debt Has 'Indeterminate Value,' Blackrock Says
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BlackRock's Plan to Rescue Fund
(WSJ: separate paid subscription required)

Fund Crisis in Florida Worrisome to States
(NYT: separate free registration required)

Florida allows some withdrawals from troubled pool
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Local governments come up short
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Orange County, California, Says Funds Hold SIV Debt on Review
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Orange County funds face questions on holdings
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Corporate Reform:

Maxim settles backdating charges, pays no fine
(DBN Subscription Required)

Merck to pay $670M to settle claims
(DBN Subscription Required)

China no excuse for inside trades
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Wall St. firms get subprime subpoenas
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Autos:

Delphi says it has support for bankruptcy plan
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Delphi to raise stock payout
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Americans not in a buying mood
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Mass Torts:

Justice Dept Seeks Tersigni Probe
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Former attorney gets 15 years for stealing asbestos settlements
(DBN Subscription Required)

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Aviation:

Airlines in the United States pinned by IATA as financially fragile in 2008
(DBN Subscription Required)

United, Delta, Southwest Scale Back 2008 Growth Plans
(DBN Subscription Required)

Employee suit claims Kitty Hawk violated WARN Act
(DBN Subscription Required)

An Insider's Last Look At The Aftermath of the Columbia A/C Bankruptcy Auction
(DBN Subscription Required)

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Health Care:

Swedes gets state board's OK to buy Belvidere hospital
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Kessler still in need of $400K
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Health Coverage Disappears, Employees Left With Bills
(DBN Subscription Required)

Medtronic Probed on Alleged Doctor Payments
(WSJ: separate paid subscription required)

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Bankruptcy Crimes:

Husband and wife gamblers face bankruptcy fraud charges
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S.F. couple sentenced to prison for bankruptcy fraud
(DBN Subscription Required)

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Hedge Funds:

Ex-Amaranth Traders Lose 15% at Moore Capital's Canada Unit
(DBN Subscription Required)

MF pays $75m to settle 'fraud' dispute
(DBN Subscription Required)

The murder that shocked Manhattan
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Peering over the hedge
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SEC: Hedge Hid Losses
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Real Estate:

Regulators, lenders eye 5-year rate freeze
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Fannie Mae to Raise Capital and Cut Dividend
(NYT: separate free registration required)

Fannie Mae to Sell $7 Bln in Stock, Cut Dividends
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Fannie Mae could face more losses
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Housing Execs Warn the Worst Is Coming
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MBA's Mortgage Applications Index Jumped 22.5% Last Week
(DBN Subscription Required)

Senator Dodd Asks Paulson About Goldman Subprime Role
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Dodd threatens inquiry into Goldman Sachs mortgage strategy while it was run by Treasury chief
(DBN Subscription Required)

Foreclosures: Not So Fast
(DBN Subscription Required)

OC lenders in subprime market disappearing
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Some seek aid, lawsuits for mortgage woes
(DBN Subscription Required)

H&R Block Is Shutting Lending Unit
(NYT: separate free registration required)

Where's the Stick?
(NYT: separate free registration required)

Paulson 's Plan In The Crosshairs
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Foreclosure Solutions Won't Be Easy
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Mortgage lenders told to prepare for worse times
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ACORN calls for 3-month foreclosure halt
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Climate right for more distressed-loan deals in '08, experts say
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Fraud lawsuit interests FBI, lawyer says
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PFM Mortgage Mess Victims Discuss New Directions
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Sweating as resets of mortgage rates near
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Gang of foreclosure rescue 'angels' indicted in multimillion-dollar scam
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Bear Stearns subprime deals issued in 2007 downgraded
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Abandoning Trump's ship
(NYT: separate free registration required)

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Layoffs:

Dow Chemical to cut 1000 jobs
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Abbott Labs cuts 1200 jobs
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H&R Block to lay off 620
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Credit Cards:

Congress Scolds Card Issuers for 'Unfair' Policies
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Opening Statement of Senator Carl Levin
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Universal Default
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Senators weigh credit card legislation
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Cardholders gripe about rate hikes
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Battle in Congress
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US banks urged to 'clean up' credit card practices
(DBN Subscription Required)

MasterCard lower as Senate hearings approach
(DBN Subscription Required)

Senators probe surprise credit card rate rises
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Congress denouncing credit card practices, but why now?
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Wall Street:

Capital markets committee sounds fresh alarm
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Institutional investors see third-quarter returns slashed in half
(DBN Subscription Required)

Wall Street falls as concerns about recession continue
(DBN Subscription Required)

Asian Stocks Rise on Possible Measures to Contain Loan Losses
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Wall Street seen up after gains in Europe, Asia
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Utilities:

Calpine Shareholders May Be Wiped Out by Creditors
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Calpine Wants to Sell $144M in Notes
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Religion:

Parish, school help sought for Davenport Diocese abuse pay
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Few parishes, no schools to pay for diocese settlement
(DBN Subscription Required)

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Horse Racing:

NYRA, state at odds
(DBN Subscription Required)

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Banking:

Deutsche Bank chief turns down Citigroup's approach
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Houston-based banks feel less subprime pain
(DBN Subscription Required)

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Credit Reporting:

Equifax Loses $3 Million Suit Over Credit Reporting Errors
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Enron:

Ex-Enron prosecutor named among top in ethics
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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), (12)
(DBN Subscription Required)

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10 Rumors That Are Making the Rounds
(DBN Subscription Required)

Delaware Bankruptcy Court Opts Out Of Newly Amended Rule 3007's Procedures For Omnibus Claim Objections
(DBN Subscription Required)

Bankruptcy Reform:

Durbin puts mortgage foreclosures under national spotlight
(DBN Subscription Required)

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Corporate Governance:

Abolition of the Corporate Duty to Creditors
(DBN Subscription Required)

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Economy:

It's Not 1929, but It's the Biggest Mess Since
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NY CFOs plan to increase hiring in Q1
(DBN Subscription Required)

CEOs a little more optimistic
(DBN Subscription Required)

Expectations Vary for Fed's Move
(WSJ: separate paid subscription required)

Global economic growth expected to dip in 2008; sovereign funds to continue buying risky assets
(DBN Subscription Required)

UK housing slowdown is a clear signal of bottom of US Dollar and start of global recession
(DBN Subscription Required)

Robeco CEO says recession possible
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Economists cut 2008 U.S. GDP growth forecast to 2.4%
(DBN Subscription Required)

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Food/Drink:

Judge oks Jays' bankruptcy plan, buyout
(DBN Subscription Required)

Local effort to buy Jay's fails
(DBN Subscription Required)

Barnhill's Buffet files for Chapter 11 bankruptcy protection
(DBN Subscription Required)

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Finance:

Bond insurers seek capital as CDO foray backfires
(DBN Subscription Required)

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Oil/Gas:

Monitor Oil Ch 11 Case Challenged
(DBN Subscription Required)

Monitor faces trustee objection to cash-collateral request
(DBN Subscription Required)

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Chemicals:

Solutia: Ch 11 Exit Won't Be Delayed
(DBN Subscription Required)

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Politics:

Mortgage madness
(DBN Subscription Required)

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Accounting:

Sub-prime leaves accountancy rules intact
(DBN Subscription Required)

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M&A:

Has Cerberus Lost Its Nose for Bargains?
(NYT: separate free registration required)

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Currency:

U.S. Dollar Advances as Governments Act to Curb Subprime Losses
(DBN Subscription Required)

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Compensation:

The Bar Rises for Change-in-Control Benefits
(DBN Subscription Required)

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Judicial Discretion in Corporate Bankruptcy
(DBN Subscription Required)

UK:

Northern Rock aid approved by EU
(DBN Subscription Required)

Northern Rock Reportedly Faces Nationalization By February
(DBN Subscription Required)

U.K. House Prices Decline, Worst Streak Since 1995
(DBN Subscription Required)

UK mortgage market could face £30bn squeeze in 2008
(DBN Subscription Required)

Divorcee entitled to clean break from bankrupt husband, court rules
(DBN Subscription Required)

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Germany:

German bank WestLB bails out units hit by US subprime woes
(DBN Subscription Required)

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Norway:

Customers desert Terra
(DBN Subscription Required)

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Canada:

Bank of Canada drops key rate: Raises fears of economic slide
(DBN Subscription Required)

And then the money was gone
(DBN Subscription Required)

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Japan:

Japan Government Pension Investment Fund Loses Y1.633 Trillion In 3Q
(DBN Subscription Required)

Rural Economies Wane as Cities Thrive
(NYT: separate free registration required)

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