Law:

Morrison & Foerster Finds Conflict in SCO Patent Case
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Bankruptcy law firm finds itself on the defense
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Brothers attack law firm as corrupt
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Mississippi Lawyer Pleads Guilty in Bribery Case
(NYT: separate free registration required)

The Oddities of Balducci's Guilty Plea
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Weil Names Two New Restructuring Partners
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BigLaw Fog Advisory
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Law Firms Report Growth Strategies
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LeClairRyan to Merge With N.J.'s Seiden Wayne
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Large-Firm and Small-Firm Mistakes Regarding Legal Malpractice
(DBN Subscription Required)

Clifford Chance partner cleared of Deutsche Bank shredding
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Rich Lawyer, Poor Lawyer
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Price Tab Is $100K-Plus for Texas Firms' Lavish Holiday Bashes
(DBN Subscription Required)

Humorist Hopes to Inspire GCs to Live Their Dreams
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Dispute Over Calif. Fortunetelling Business Sheds Light on Private World of Gypsy Clans
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Law School Bar Passage Rates: Do They Matter?
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Part 2 of legal lovers' trial begins
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Lawyer opens bakery for dogs
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Appeals Court Warns of Boring Opinion
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Legal Process Outsourcing Going Mainstream?
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'Dont Date Him' Lawyer Back in Court
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Economy:

Jobs Grow, Productivity Up In US
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Jobs: A November Surprise?
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US jobs report eases fears of sharp slowdown
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Economic barometers are pointing towards a recession next year
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CFOs' Optimism Slumps to Record Low
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Fed may couple rate cut with new measures to increase credit
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OECD Tells Fed, ECB to Avoid Rate Cuts, Sees Rebound
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BOE Cuts Rates, ECB Holds Steady
(WSJ: separate paid subscription required)

Pimco's Gross says Fed may have to cut rates below 3%
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Municipalities:

Some Florida governments plan fund withdrawals
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How the Credit Crunch Turned Local
(WSJ: separate paid subscription required)

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Autos:

Chrysler Heads for $1.6 Billion Loss
(WSJ: separate paid subscription required)

Dana Cleared on $2B Bankruptcy Exit Loan
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Dana creditors OK reorganization plan
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Auto-Loan Delinquencies Surge
(WSJ: separate paid subscription required)

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Bankruptcy Reform:

Durbin presses for compromise on mortgage foreclosure legislation
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Bush home loan plan could derail Dems
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Bill Focuses On Foreclosures
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Let's punish lenders of easy credit
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Food/Drink:

Interstate Bakeries Reports Larger Loss
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Jays workers say they're being treated poorly in shutdown of plant
(DBN Subscription Required)

More Bleeding at Jays
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Last Day Comes For Jays Potato Chip Factory
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Star Buffet, Inc. Agrees to Acquire Buffet Restaurants
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Cash Management:

Ex- Sentinel execs ask court to toss $350-mil. suit filed by trustee
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Credit Counseling:

FTC Creates Hotline for Consumers Scammed By Debt Reduction Services
(DBN Subscription Required)

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Horse Racing:

NYRA's accounting practices called into question
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Hedge Funds:

Bear Stearns faces new round of hedge fund claims
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Bankrupt Cayman Islands hedge funds seek more time to argue for appeal
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Bear Stearns Hedge Fund Losses Lead to Arbitration Claims
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Real Estate:

U.S. Trustee's Office Probing Procedures of Nation's Largest Mortgage Lenders
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Subprime Rate Five-Year Fix Eyed by US Regulators
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Industry hopes mortgage plan derails bankruptcy changes
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A Subprime Solution
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President Bush to unveil 'teaser freezer' lifeline to subprime
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The Not Paulson Bailout
(WSJ: separate paid subscription required)

Bush to outline 5-year rate freeze plan
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Be careful choosing fixes for the mortgage meltdown
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Fannie Mae issue draws strong demand
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Two analysts downgrade Fannie Mae
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Fannie Warns Investors on 2008 Losses
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AIG Calls Housing-Linked Investments `Manageable'
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Mortgage-Exposed Financials Aren't 'Too Big to Fail'
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More people borrow from 401(k)s to pay mortgages
(NYT: separate free registration required)

Wary of Risk, Bankers Sold Shaky Mortgage Debt
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Novastar gains extension of waiver through Friday from Wachovia
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Toll Reports First Loss as Slump Prompts Land Charges
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American Home Lenders Want to Sell Loans
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Two Million Facing Higher Mortgage Costs
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Subprime-linked debt downgrades close in on 20,000, up almost 700% from last year
(DBN Subscription Required)

Transland Wins Dismissal of Ch 11 Case
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The Injustice of "Doing Something" about Subprime
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How the Subprime Mess Hit Poor Immigrants
(WSJ: separate paid subscription required)

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Bankruptcy Statistics:

U.S. Bankruptcy Filings Up from One Year Ago But Leveling Off
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Consumer bankruptcies on the rise
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Utilities:

Calpine Intends to Re-List on New York Stock Exchange
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Calpine sees Ch 11 emergence before Jan 31, 2008
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Distressed Debt Investing:

Distressed debt players eye prospects in LBO debt
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Furniture:

Sofa Express' failure follows industry pattern
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Oil/Gas:

Methane-powered ethanol plant company files bankruptcy
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Government Lending:

USDA Loses Millions On Loans
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Credit Cards:

Will Consumer Credit Feel the Crunch?
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Credit Card Companies Finally Forced to Explain
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Senators Introduce Credit Card Safety Star Act
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Aviation:

Delta tightens belt to offset fuel prices
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Alitalia on the verge of bankruptcy
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Alitalia to name bidders on Thursday
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Air France Seeks to Buy Alitalia; Lufthansa Drops Out
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Corporate Reform:

Second Brocade Executive Found Guilty of Backdating
(DBN Subscription Required)

Save the CEOs: No prison in options cases
(DBN Subscription Required)

Cuomo Filling Spitzer Shoes, One Subpoena At a Time
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Everything Just Tastes Like SOX
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Student Debt:

First Marblehead Battered by Student-Loan Defaults
(WSJ: separate paid subscription required)

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Mass Torts:

King of Torts sentenced to 15 years in federal "palace"
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Banking:

A Dark Horse for Citi's Top Spot?
(NYT: separate free registration required)

Feds charge ex-LaSalle Bank exec with fraud, bribery
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SIVs 'Super Fund' May Be Scaled Back
(WSJ: separate paid subscription required)

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New Bankruptcy Opinions
(2 new opinions today) 

Bankruptcy Court Web/Pacer Site Directory

Chapter 7, 12 & 13 Private Trustee Locator
(DBN Subscription Required)

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

Art:

Sotheby's Won't Sell Defunct Gallery's Art
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Layoffs:

Bristol-Myers to Eliminate 4800 Jobs
(NYT: separate free registration required)

Workers surprised by shutdowns may have little recourse
(DBN Subscription Required)

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Wall Street:

Shares Rally on Surprisingly Strong Jobs Data
(NYT: separate free registration required)

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Mining:

US says Asarco owes $27 million
(DBN Subscription Required)

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Movie Industry:

Blockbuster Share Slide Quickens
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Bankrupt video chain Movie Gallery has debt of $1.4 billion, assets of $892 million
(DBN Subscription Required)

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Finance:

MBIA Shares Drop After Moody's Says Capital in Doubt
(DBN Subscription Required)

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Bankruptcy Crimes:

Peel files appeal on conviction and sentence
(DBN Subscription Required)

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Health Care:

S-CHIP Comes to Bankruptcy Court (Please)
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Mount Sinai Mired and Sinking
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Financial Outlook Grim For New Jersey Hospitals
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Health Care Costs Soaring
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Haven's Viability Doubted
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Big Pharma Faces Grim Prognosis
(WSJ: separate paid subscription required)

California Hospital Faces Financial Troubles
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Asset Protection:

Creditor's Rights To Restricted Stock
(DBN Subscription Required)

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Retailing:

Hancock Fabrics files for extension to reorganize
(DBN Subscription Required)

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Accounting:

Demand for accountants expected to rise 10% early in 2008
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PCAOB May Rely More on Global Inspectors
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Politics:

Playing the recession blame game
(DBN Subscription Required)

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Corporate Governance:

SEC's Puzzling Denial of Proxy Access on Election Procedures
(DBN Subscription Required)

House Committee Probes Comp Consultants
(DBN Subscription Required)

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Tech:

Turmoil grips Pay by Touch start-up
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Stock Brokers:

Citadel's risky play in E*Trade
(DBN Subscription Required)

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Pensions:

Employees Raiding 401(k)s, CFOs Say
(DBN Subscription Required)

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First the Losses, Now Bond-Fund Lawsuits
(WSJ: separate paid subscription required)

UK:

Young 'risking financial suicide' by trying to live lifestyles of A-list celebrities
(DBN Subscription Required)

Credit Card Holders Awash With Cash
(DBN Subscription Required)

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Canada:

Pope and Talbot bankruptcy puts power-plant proposal in jeopardy
(DBN Subscription Required)

Former Kaufman Footwear employees may finally receive severance pay they have been owed for more than seven years
(DBN Subscription Required)

Bankruptcies and proposals down in Q3
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Thailand:

TPI to delay debt restructuring plans
(DBN Subscription Required)

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