Law:

BigLaw Expects Rising Billables From Surge in Bankruptcies
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Bankruptcy Trustee Sues McDermott Will for Malpractice
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Judge Refuses to Dismiss Malpractice Suit Against Paul Hastings
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Weil in advanced talks to bring in London restructuring partner
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Mergers Down in Q1, But Nearly 1/4 Were in CA
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Crunch sees Reed Smith end blanket ban on suing banks
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Layoff Watch: LexisNexis
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Everybody's Doing It
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350 Lawyers Trek to San Angelo, Charging 'Billables for the Soul'
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Law firms to reassess lending options as crunch looks set to hike loan costs
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Smaller Law Firms Catch a Break in Market Crisis
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Energy Lawyers Courted in Bidding Wars
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Of Rivets & CDO's (And Temptation)
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Judge Says Scruggs Owes Fees
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Scruggs Takes the Fifth 19 Times
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Former business partners bear the sins of Scruggs
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Insurer accuses Missouri lawyers in Katrina case
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Angry Wife Airs Couple's Secrets On YouTube
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New Golden Rules for Your Golden Years: Law Firms Offering More Options for Retirement
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Bail Granted to Lawyer Sentenced to 90 Days for Obscene Gesture
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Lawyer of the Day: 'Bulletproof' Shot Down
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With Ethics Trial Looming, Embattled Judge Resigns
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What Law School Rankings Don't Say About Costly Choices
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What's 66 Years of A Lawyer's Time Worth? Say Half a Billion Dollars?
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Bert Fields yet to take stand in Pellicano trial
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Pellicano Trial: Waiting for Bert and Stan Ornellas Testifies
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Co-defendant Mark Arneson faces tough questioning in Pellicano trial
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In Search of Edward T. Kennedy, Florida Lawyer
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Advice from a Lawyer Who's Been There, Done That
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The most screwed victims in caselaw history
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Alberto Gonzales Continues to Wander in Unemployment Wilderness
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Say What?!
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Economy:

Fed Beige Book Says Economy `Weakened' Since February
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Fed officials see recession in all but name
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Low Liquidity Plagues More Firms
(WSJ: separate paid subscription required)

Jobless Claims Rise in Latest Week
(WSJ: separate paid subscription required)

Wave of Economic Pain Isn't Over
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Sluggish economy in West
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Oil, Gasoline Rise to Records After Unexpected US Supply Drop
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March consumer prices up, reflecting higher energy prices
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Inflation Takes a Breather but Bankruptcies Soar
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Retailing:

Talbots Plunges After Banks Cancel Letters of Credit
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Linens 'n Things Puts Off $16 Million Interest Payment
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Linens 'n Things looking to sell Canada stores
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Sears Holdings eliminates 100 jobs
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For Blockbuster, will Circuit City detonate the ticking time bomb?
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Retailers Get Stingy With Data
(NYT: separate free registration required)

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Layoffs:

Lilly Plans to Cut 500 Jobs
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Banking:

Bank Earnings Fall, but Investors Seem Relieved
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WaMu director quits, others voted down; thrift loses $1.14B in Q1
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WaMu Rallies on Hope for $5 Billion Lifeline
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Wilbur Ross aiming at thrift bank rollup
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Basel crackdown could redefine banking business
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Northern Trust Bucks Banks' Recent Decline
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Bank of New York Mellon 1Q earnings rise 72 percent
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Fed accepts dodgy collateral in race to bottom
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Deutsche Bank selling debt at 90 cents on the dollar
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Wells Fargo Sees Charge-offs Rise 25% in 1st Quarter
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Low-quality profits at Wells Fargo
(NYT: separate free registration required)

Chase Card Charge-offs Rise 27% in 1st Quarter
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Religion:

Pope Tackles Sex-Abuse Issue - Pontiff Seeks Broad Remedies During First Day Of U.S. Visit
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Portland archdiocese suddenly releases personnel files
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Documents released by the Portland Archdiocese add little
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Media hype obscures Catholic Church's transition
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Action on Abuse Too Late but Not Too Little
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The bishops and their professor
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Lawyers, Judges Lend a Hand for Papal Mass
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Private Equity:

Buyout firms' portfolio companies face stress
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Private equity raises $163B worldwide in first quarter
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Municipalities:

Bills to allow Jeffco takeover stall
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Financial Literacy:

Fed's Plosser Places Focus On Financial Literacy
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CPA group offers Financial Fitness Kits
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Corporate Governance:

Activist shareholders starting to make inroads
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Officers, Caremark and Aiding and Abetting Liability
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Predatory Lending:

Ark AG says some payday lenders may still face suits
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Arkansas AG says payday lenders still trying to collect
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Real Estate:

Regulator knocks Fannie, Freddie appraisal deal
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Freddie Mac to Unveil Lenders' Pact
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March U.S. housing starts drop to 17-year low
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Bush administration against retooling home program
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Housing: Time to Halt Taxpayer Subsidies
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MBA's Story Testifies on Loan Modifications
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Dragnet expanding in FBI probe of mortgage fraud
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FBI Dir: 'Tremendous Surge' In Mortgage Fraud Investigations
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Senate housing bailout bill is unfair, but necessary
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Wrong bail-out: 1st help homeowners
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Housing bailout: Helping hand or handout?
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Crazy tax breaks in the housing bill go to automakers, housebuilders
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Pa. bankruptcies rise as risky mortgages pile on debt
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Foreclosures Push States to Try a Mix of Solutions
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In the second inning of the mortgage meltdown?
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Retailers Drag on Commercial Real Estate
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Building season has arrived, bringing little joy for construction companies
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JPMorgan's Dimon Says Real Estate Is `Getting Worse'
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Relief Possible for Tenants Caught in Landlord's Default
(NYT: separate free registration required)

Subprime Crisis's Next Stop: Prime Mortgages
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Livable Places Files Assignment for the Benefit of Creditors
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Builder Gets 20 Years For Grand Theft Of Clients' Cash
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Bankrupt Developer Leaves Community Ghost Town
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SunCrest property auction delayed
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Valley Homes receiver gets more time
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M. Vanini Investments files for bankruptcy
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The Five Stages of Foreclosure Grief
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Foreclosures leave warehouses of goods in their wake
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The Las Vegas Syndrome: Will Your Home Become Obsolete?
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Over There and Underwater
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Why Lenders Are Leery of Short Sales
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Wall Street:

Wall St futures dip
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Merrill Lynch posts big loss
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Stocks Ride Earnings Roller Coaster To Gains
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IBM 1Q Earnings Jump 26%
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Reassuring Results From JPMorgan Help Drive Market
(NYT: separate free registration required)

'Bear Raid' Stock Manipulation: How and When It Works, and Who Benefits
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Dimon in the Rough
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JP Morgan's Really Weird Capital Raise
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G.E.'s Shortfall Calls Credibility Into Question
(NYT: separate free registration required)

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Aviation:

Fitch: Delta, NWA merger provides 'financial stability'
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Does Delta and Northwest merger presage higher fares?
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Merging Delta, Northwest promise the world
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Oberstar, unions, oppose airline merger
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Lawyers expect merger aftershock
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Northwest pilots call merger agreement one-sided
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Delta execs hope to win over NW pilots
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WorldPerks affinity cards could fly into Delta sunset
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Merger may save Delta money, but it won't lower fuel costs
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Report: Delta/Northwest Merger Could Be Windfall For Boeing
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AMR Swings To Loss, With Fuel Prices Up 48% Over Last Year
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AMR Has Loss, Plans Unit Sale
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Earnings join mergers in airline spotlight
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Midwest Airlines to cut flights, lay off 109 employees
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Another merger in US Airways' future?
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United/Continental ready for takeoff?
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Continental Airlines posts quarterly loss
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Continental tells staffers to remain focused on mission
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Mesa late paying Durango airport bills
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Frontier, DIA moving forward with caution
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MaxJet gets second chance with sports
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Senior Aloha pilots retrained for cargo
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Southwest Profit Plunges on Fuel Costs
(NYT: separate free registration required)

Russian company completes Adam Aircraft deal
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Mapping Out an Airline for a New World
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US Proposes Auctioning Runway Slots to Curb Delays
(NYT: separate free registration required)

Bumped fliers to get more
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Government Meddling: Why Not Airlines?
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Airlines' merger would add to Hawaii tourism concerns
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Did Ending Regulation Help Fliers?
(NYT: separate free registration required)

Berlusconi opens door a crack to Air France-KLM
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Bankruptcy Research:

Mortgage Market Sensitivity to Bankruptcy Modification
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Advertising:

Has Economy Hurt Google Search Ads?
(WSJ: separate paid subscription required)

Interep gets final DIP clearance
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Politics:

McCain's plan for health care
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GOP is cool to McCain's economics
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RVs:

Western RV goes south
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Apparel:

Ethel taps Menzies Corporate
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Stock Brokers:

When Brokers Go Broke
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Fraud:

Schuylkill Products: Former exec pleads guilty
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Gaming:

PacNet to take on noteholders
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New Bankruptcy Opinions
(1 new opinion today) 

Bankruptcy Court Web/Pacer Site Directory

Chapter 7, 12 & 13 Private Trustee Locator
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Recent Ch. 11 Filings
(DBN Subscription Required)

Bankruptcy Jobs:

(1), (2), (3), (4), (5), (6), (7), (8), (9), (10), (11)
(DBN Subscription Required)

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Sell your bankruptcy claim to the highest bidder www.T-REXauctions.com Distressed Debt Auctions

When a recession brings in big bucks
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Bankruptcy Statistics:

Chapter and Worse: Biz Bankruptcies Soar
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Courts Post Sharp Rise in Bankruptcies
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Ohio Bankruptcy Filings On Rise
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Michigan's Bankruptcy Rates Soar
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Mississippi Ranks 10th In Bankruptcy Filings
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More in CA Valley going bust
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Hedge Funds:

Hedge fund managers set new payout records in 2007
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Hedge Funds: Industry assets rose 27% to $2.6 trillion in 2007
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Och-Ziff Hit by Fraud in Japan
(WSJ: separate paid subscription required)

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Health Care:

Auburn Memorial Hospital submits plan for reorganization
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Judge: 3 National Century fraud defendants must remain jailed; 1 other freed
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FBI agent: Executives planned to flee country by cruise ship
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Commissioners grill St. Vincent's on rebuild plans
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McDermott hit by $1.2bn malpractice suit on St. Vincent's
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6 left BMC, now fight for benefits
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Brotman Medical Center is cool to suitor Prime Healthcare
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Student Debt:

Sallie Mae posts 1st-quarter net loss
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SLM Has Loss as Student Loan Business Looks `Broken'
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Student lenders fall on margin, funding concern
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For many, fewer options exist to pay for college
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Credit crisis hits student borrowers
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Education Department Plans 'Emergency Survey' of Colleges' Student-Loan Plans
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Student Loan Corp suspends some lending
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Citigroup will suspend student lending at some schools
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White House backs much of House student loans bill
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Mining:

Asarco to emerge from bankruptcy
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Asarco works to clear up environmental liabilities
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Resorts:

Tamarack plans to close its Boise office
(DBN Subscription Required)

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Finance:

Lenders examine Libor alternatives
(DBN Subscription Required)

Despite Downturn, Financing Exists for Small Companies
(NYT: separate free registration required)

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Jewelry:

Merrill Thwarted as Jeweler Wins Court Fight to Block Gem Sale
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Jeweler Files for Bankruptcy As Merrill Seeks Auction
(WSJ: separate paid subscription required)

Leighton creditor wants stay lifted
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Pensions:

For big companies, pension funding shrinking - and fast
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High School Sports:

MHSAA considers bankruptcy
(DBN Subscription Required)

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Insider Compensation:

Am I Paid Too Much? Er, Well....
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Rating Agencies:

SEC to turn the screws on rating agencies
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Payday Lending:

Del Prado seeks Ch. 11 dismissal
(DBN Subscription Required)

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Derivatives:

Wall Street prepares for stiffer derivative regulations
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Autos:

GM tries to stay out of talks in Axle strike
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Funeral Industry:

Springdale further in debt than expected
(DBN Subscription Required)

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Gambling:

Tropicana, investors agree to extend negotiations on bond payments
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Food/Drink:

Le-Nature's creditors seek plan OK
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Publishing:

Ziff Davis update
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UK:

For once, banks aren't being greedy
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Law lords open door to foreign liquidators
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Bankruptcy: helping the helpless?
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Happy Mondays star hits bankruptcy - again
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Bank close to agreeing plan to end drought in funding for mortgages
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Districts' high insolvency rates
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A job in debt? You owe it to yourself
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Canada:

Ontario Court to Consider Delay for Vote on Canadian Debt Plan
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Canada and the US Facing Credit Crunch
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Flaherty eager to adopt global banking reform agenda
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The economic skies might be falling
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Korea:

Samsung Group Chairman Lee Is Charged for Tax Evasion
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