Law:

$70M Suit Against Cadwalader Reflects Risks of Practice in Mortgage-Backed Securities
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Linklaters' London Partner to Head U.S. Practice
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Greenberg Traurig Gets New Bankruptcy Partner
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Pay Raise Watch: Biglaw Raises, Courtesy of Taxpayers?
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Bonus Watch: Boston
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Firm Tops List of Family-Friendly Firms
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Billing probe reveals in-house resentment
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More Tier Three Misery: The Boies Schiller Controversy at New York Law School
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The Dark Side Of Big Law - And The $20-An-Hour Lawyers
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The Not So Rosy Side of the Legal Job Market
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Where Do Non-Top-Tier Grads Go? Hello, Insurance Law!
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Faith-based bankruptcy lawyer (scroll down)
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A merger of unequals?
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Act the Part on the Call-Back Tour
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Dueling Documents: Outside Counsel Guidelines vs. Retention Letters
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Supreme Court Beefs Up Argument Calendar
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Firm Web Site of the Day: Gibson Dunn
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Gibson Adopts Old-Fashioned Look Online
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Gibson Doth Protest Too Much
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Inside Legal Spending Fuels Growth in Total Legal Spending
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Wednesday's Larry Craig Hearing
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Multinationals Take a Global View of EDD
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Mukasey's Allies Rally Around Him in Wake of Marshals' Complaints
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Law Firms Massing to Help War Vets
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Say What?!
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Irate Judge Asks Jurors, "Anybody Else Want to Mess With Me?"
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Litigator to Take Reins at Arnall Golden Gregory
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Law Students Get No Love from the Bachelor
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Economy:

Home sales, consumer confidence fall sharply
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Markets' strain begins to affect US economy
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Fed must weigh inflation against recession
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US consumer confidence hits 2-year low
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Wall Street economists say companies in tip-top shape, housing market decline halfway done
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Will housing slump lead to recession?
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Durable-goods orders fell 4.9% last month, and a barometer of business spending fell
(WSJ: separate paid subscription required)

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Utilities:

US bankruptcy judge approves Calpine disclosure
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US high court to review some Western power deals
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Judges:

Ninth Circuit Names Bankruptcy Judge to New Term
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Bankruptcy Reform:

Democrats urge pro-worker US bankruptcy law reform
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Machinists Support Bankruptcy Reform Legislation
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Democrats stepping up as the party of `normal Americans'
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Democrats Push Bankruptcy Bill
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House Democrats propose bill to protect workers and retirees in a bankruptcy, curtail exec bonuses
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House panel examining possible mortgage relief through bankruptcy changes
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Health Care:

Barnert Hospital to shut Friday
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Barnert given 60 days to find buyer
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Sector Glance: Hospitals
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Theme Parks:

Cypress Gardens Has New Owner
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Filing could open Wild West's finances
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McLean had planned to attend bankruptcy hearing
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Troubled investor's death leaves mystery
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Autos:

GM, United Auto Workers Reach Tentative Agreement
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UAW, GM announce deal to end strike
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Sides hammer out two-tier wage deal
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Workers hug, head home to rest
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Hedge fund details unsolicited bid to finance Dana bankruptcy exit
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GM-UAW talks continue as strike enters second day
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Gettelfinger: Strike may prod bargainers to end stalemate
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Long GM strike would threaten economy
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Delphi Will "Adjust Schedules"
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Long strike could imperil Delphi recovery
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GM strike could spike Appaloosa's bid for Dana
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Impact of GM strike set to spread
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Wall Street Sees Cold Reality for UAW
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GM vs. the UAW: Mutually Assured Destruction?
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Empty Shell vs Empty Shell
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Striking GM Workers Face Lean Checks
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General Motors Driven to strike
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Fight Over Jobs, Cost Cuts Spurs Walkout at GM
(WSJ: separate paid subscription required)

Michigan lawmakers weigh in on UAW strike
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Autoliv Says Court Not To Reconsider Previous Decision Against Company Unit
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Telecoms:

Judge Rules in Iridium's Bankruptcy That Stock Market Valuations Are No "Fool's Game"
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Bankruptcy Judge Places Innovative Communication Corporation in Bankruptcy
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Vonage Crashes After Losing Patent Case
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Food/Drink:

Giant Eagle wins final OK to buy LeNature's plant
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Movies:

Movie Gallery is a box office bomb
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Movie Gallery closing 520 stores
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Mass Torts:

'Take-Home' Asbestos Suits Go After Employers, Get Mixed Results
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RHI says close to settling 40 mln eur Chapter 11 bankruptcy case in US
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Rating Agencies:

Moody's and S&P executives are set to speak at hearings to defend their actions and stave off more regulations
(WSJ: separate paid subscription required)

Fresh Start? SEC Reanoints Rating Agencies - After suffering a summer of subprime scorn, the major credit rating agencies get their badges back
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Avoidance Actions:

Children may have to return checks from jailed lawyer
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Golf:

Running Horse gets 2 new bidders
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Layoffs:

Facility Closures and Permanent Mass Layoffs
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Fraud:

Most companies around the globe suffer from fraud, with losses of up to $100 million Print Email RSS Reprints
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Credit Reporting:

Experian snatches defeat from the cruel jaws of victory
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Labor:

Why hard work doesn't pay
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Credit Cards:

Credit Card Balances Will Keep Rising
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Corporate Governance:

Chancery Court Allows Claim For Challenged Lawful Action That May Still Be Inequitable
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Lending:

Dealing With A Troubled Loan In Today's Environment: Strategies And Tactics For The Traditional Lender
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New Bankruptcy Opinions
(1new opinion 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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Real Estate:

Home Prices Post Biggest Drop in 16 Years
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Further home price drop will be steepest in U.S. history
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House Mortgage Hearing
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Lennar's Losing Quarter
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Ross Named Lead Bidder for American Home Service Unit (Update3)
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Lowe's shares slump after warning
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DR Horton reels on poor housing news
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Schumer: Investigate American Home's bounced checks
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Put Down the Crow over AHM Escrows
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State Investigates Mortgage Company's Shutdown
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America's Worst Homebuilder
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US Home Builder Horrors
(WSJ: separate paid subscription required)

Bleak housing reports add to industry worries
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Mortgage broker faces parallel prosecutions
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Rising Foreclosures Impact Las Vegas Bankruptcies
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Broward housing market can't find a bottom
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How Subprime Woes Can Affect You, Too
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Aviation:

Hawaiian Air Claims Mesa Air's CFO Destroyed Evidence
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Mesa says key Hawaii files deleted in purge
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American's pilots' contract proposal has no pay raise, more hours
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Air traffic radar and radio outage hits flights - Air traffic controllers used personal cell phones to sort out flights
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Corporate Reform:

Efforts to Protect Privilege Falling Short
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Politics:

Armbruster owes gas taxes
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Edwards: Limit frivolous lawsuits
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Hedge Funds:

Rocky times for the hedgies not necessarily bad
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The opportunities and potential pitfalls for distressed debt acquirers
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Carlyle Capital Assets Fall 24% Amid Debt Selloff
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New Developments In The Cayman Islands Hedge Fund Chapter 15 Case
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Pensions:

Lawsuit over Eastland pension fund to proceed
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UK:

Northern Rock bins £60m dividend plan
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The Never-Ending Dance
(WSJ: separate paid subscription required)

Tough love is the best regime for failed banks
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Slaughters and Ashurst join Northern Rock saga
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Borrowers run up £26,000 debts
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Law firm creates credit crunch insolvency team
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Italy:

Cirio Bankruptcy: Judge, Trial For Cragnotti, Geronzi, Fiorani
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Spain:

Spanish exhibitor Abaco files for bankruptcy
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Japan:

Japan Consumer Lenders Bond Risk Rises, Led by Aiful, Takefuji
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Dubai:

Clyde & Co advises on First Insolvency in the Dubai International Financial Centre
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