Law:

Pay Raise Rumors Persist: DPW to $180K? NYC to $195K?
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Bankruptcy Attorney Joins Sixth Firm in Eight Years
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Perk Watch: Flextime and Telecommuting
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BlackBerrys return to live in underground law offices
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European law firms learn to adapt to an open market
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X-Summers: Partner's Best Friend
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No Objections Here - Supply-and-Demand Has Top Law Firms' 'Summer Associates' Hitting Pay Dirt Without Breaking Much of a Sweat
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Judges Behaving Badly: The Clerkship Edition
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The merger masterclass
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Condoms condemned
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American Lawyer's 'A List'
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Edwards Campaign Leads the Pack in Contributions From Lawyers
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Giuliani Burnishes Conservative Credentials With Choice of Legal Policy Advisers
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Sarkozy, U.S. Lawyers Shift Class-Actions to Europe
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$3,100 a Week for Summer Associates
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Complaint filed against state high court justice
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Pop-up lawyer ads?
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Do You Believe in Life After Law?
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US firms make headway in Paris against UK and domestic rivals
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British statute may allow law firm ageism
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Chambermaid: Judge Sloviter Speaks
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Outsourcing Trends in U.S. Law Firms
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Thorp Reed's new managing partner says growth could be an issue
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Clifford Chance kicks off US push with Pillsbury restructuring partner hire
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Clifford Chance to become American idol
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Rustling Up NY-Sized Paychecks
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Lawyer Can't Quit Non-Paying Client in Headline-Making Case
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Pepper Picks a Peck of Practitioners From Put-Upon Partnership
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Intergenerational Conflict? In Our Firm?
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In-House Lawyer Brings Unusual Gender Bias Class Action Against GE
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Suit Charges 'Inhumane' Questions at Deposition Caused Emotional Distress
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New York Bar Exam Horror Stories
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Say What?!
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Aviation:

Coming up short on pilots, Northwest cancels flights
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Comair Pilots Say Union Refused Them Pay
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Creditors don't want Southeast Air auction
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Jam-Packed Flights? Just Wait
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Retailing:

Tweeter Executive Bonuses Delayed
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Telecoms:

Amp'd Still Alive
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Pac-West retreats from East Coast markets
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Predatory Lending:

Bill Targeting Predatory Lenders Signed Into Law
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Tax:

Outsourcing of tax collection may end
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Mass Torts:

Baron & Budd Announces California Asbestos Settlement
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Corporate Reform:

You Have a Right to an Attorney (on the Company's Dime)
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Former Akin Gump GC Joins VeriSign as Stock Option Troubles Brew
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Citigroup to pay $50 mln fine for trading violations
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SEC: Phoenixsurf.Com Is a Ponzi Scheme
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Corporate Governance:

The SEC is expected to vote Wednesday on two alternatives to deal with giving shareholders a greater say in electing board members
(WSJ: separate paid subscription required)

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People owed by McLean may file
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Trustee appointed in McLean case
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Epiq Systems reports drop in quarterly profits
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Autos:

Appaloosa Says Dana Pact Is Flawed
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Sypris Enters into Settlement with Dana
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Dana financing draws new flak from big holder
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Chrysler deal set to close as banks scramble to raise funding
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Investors balk at Chrysler deal
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Chrysler's bankers began discussing the likelihood that they won't be able to raise all of $20 billion in loans from investors
(WSJ: separate paid subscription required)

Chrysler is warning some of its dealers that it may attempt to shut them down if they don't improve sales within six month
(WSJ: separate paid subscription required)

Subprime hits auto sector as financing tightens
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Real Estate:

Home Lender's Woes Fuel Market's Decline
(NYT: separate free registration required)

Countrywide profit down 33 pct, slashes outlook
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Countrywide warns on profits and 'prime' loans
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Subprime mess creeps into junk bonds, LBOs
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Next To Fall: The Publicly-Traded Government-Sponsored Mortgage Lenders
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NJ Affordable trustee, lenders settle
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Home foreclosure figures far above last year's
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Accredited Slumps On Concern About Lone Star Deal
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South Florida Banks Feeling Heat From Mortgage Regulation
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Miami condo glut augurs recession
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Housing Boom Boomerangs on Vulnerable Homeowners
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Mortgage default notices skyrocket in LA, OC
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Subprime loan alternatives
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Wisconsin foreclosures up 23%
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Nerves rock credit markets
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Law change gives homeowners greater protection against creditors
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Manufacturing:

Rockford Products to seek bankruptcy protection
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When Suppliers File For Bankruptcy
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Finance:

Intercreditor/Subordination Agreements In The Second Lien Generation
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KKR, Blackstone Find 'Tide Is Going Out'
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Bankruptcy Crimes:

Attorney's denied new trial in blackmail case; sentencing delayed
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Hedge Funds:

Former Amaranth trader Brian Hunter is seeking to block a federal agency from bringing enforcement action against him over the collapse of the hedge fund
(WSJ: separate paid subscription required)

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Accounting:

N.Y. Federal Court Declines to Relieve Attorneys in KPMG Case
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Review of Deloitte Spurs Restatement
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Silicon Storage Restating for Options
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The high-stakes world of audit contracts is in the money
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Gambling:

Trustee to run Palm Beach Princess gambling ship
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Utilities:

Calpine Wins Approval for Canadian Units Settlement
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Health Care:

Kessler hearing rescheduled
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Layoffs:

2 senators support WARN Act reform bill
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Credit Cards:

Small Firms Use Credit Cards for Capital
(WSJ: separate paid subscription required)

Dungeons Of Debt
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Religion:

153 people file abuse claims
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Diocese calling for cash, bankruptcy possible
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Yield Premium on Junk Debt Rises to Most in 18 Months
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Adbox Redux: Who Must Prove and Disprove Earmarking
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Debt and Stress
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Boston Science gets junk rating
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New Bankruptcy Opinions
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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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United States Trustee:

House Bill Reduces UST Funding
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Chemicals:

Solutia Shareholders Seek Ch. 11 Plan
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Economy:

U.S. Stocks Tumble on Concern Defaults May Spread
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As wages fall, workers slip from middle class
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Dollar May Fall to Record Versus Euro as Credit Concern Spreads
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Wall Street's Woes Hit Home
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Dow Jones slides on fears credit crisis will hit takeovers
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As wages slip and Midwest plants close, poverty rates rise
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Pension:

Bankruptcy Court to Hear Oneida's $7 Million Suit Over Pension Fee
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Student Debt:

Senate Bill Streamlines Student Loan Process
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Senate Clears Ethics Rules for U.S. Colleges, Lenders
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Insurance:

FTC Releases Report on Effects of Credit-Based Insurance Scores
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Bankruptcy Statistics:

Where Bankruptcies Stay High
(WSJ: separate paid subscription required)

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Textiles:

Carl Marks Advises Joan Fabrics in Sale of Assets
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Golf:

Trump star power must not blind us to $$ reality
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Rehab Center Stands In Way of Trump Golf Course
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Relying on the Information of Others: Debt Rescheduling with Multiple Lenders
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UK:

Sea Containers Ltd Appeals Against Financial Support Directions by the Pensions Regulator
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Slow fraud cases prove SFO's 'nightmare on Elm Street'
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Pot plant firms going bust?
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A nation of "haves" and "have nots"
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Card penalties 'hit one in four'
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ILVA lost £11.5m before opening
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Boots loan deal under question amid credit fears
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Banks urged not to consign customers to lifetime of debt
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Bankrupt is sent to jail for fraud
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Russia:

Russneft Sale Likely as State Seen Closing In
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Japan:

Credit-default swaps near peak in Japan
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Japan's banks exposed to US subprime market
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The Answer to Japan's Enron
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Bankruptcies rise amid recovery
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Argentina:

Emerging debt-Argentina hardest hit as risk aversion grows
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India:

Clampdown on moneylenders
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Italy:

Mediobanca Chairman To Face Trial In Parmalat-Related Case
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Judge in Parmalat's hometown orders dairy empire founder, others tried
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