Law:

Judge Slashes Fees After WilmerHale, Wiley Rein Win $90M Suit
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Houston Bankruptcy Boutique McClain & Patchin, P.C. join forces with Chicago based Walker Wilcox Matousek LLP.
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Greenberg Traurig assists longtime plastics client on restructuring
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Philly Judge OKs Second Malpractice Suit Against Firm
(DBN Subscription Required)

GCs Give More Scrutiny to Legal Bills, Spurring More Fee Disputes
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Finding Value
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The Ugly Side of Big Law Divorce
(DBN Subscription Required)

Cybersex Patent Case Leads to Bad Vibes Between Firm, Client
(DBN Subscription Required)

Despite Stealth Layoffs, Most BigLaw Attorneys are Hanging Onto Their Jobs
(DBN Subscription Required)

Investors in Alleged Real Estate Scam Claim Law Firms Knew of Criminal Wrongdoing
(DBN Subscription Required)

Gov. Manchin a 'puppet' of defendant, attorney says
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Lawyerly Lairs: Gotham Law Firms on the Prowl
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The Lawyer With the Most Medals
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Bid to Seal Records in $2.5 Billion Lawsuit Rejected
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Lawyer Gets Pro Hac Admission -- and a Lecture From a Court
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Law Firm Mystery: Second Lawyer Dies at Young Age, Slaying of Third Unsolved
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Say What?!
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'Damning Picture of Dissatisfaction' at Australian Law Firms
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Judges:

Judge Halverson Finally Loses Her Job
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Economy:

Around the World, Pessimism About the Economy
(DBN Subscription Required)

Global Confidence Climbs From 10-Month Low
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Merrill survey sees world downturn
(DBN Subscription Required)

Consumer Prices in US Probably Climbed at Slower Pace in July
(DBN Subscription Required)

Consumer prices rise at double expected rate
(DBN Subscription Required)

Jobless claims fall less than expected
(DBN Subscription Required)

The Great Consumer Crash of 2009
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Second Stimulus Package? Yeah, Right.
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M&A, restructuring worry risk managers, CFOs most, says study
(DBN Subscription Required)

Oil rises $3
(DBN Subscription Required)

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Wall Street:

European Stocks, US Futures Rise
(DBN Subscription Required)

Bank Shares Decline Weds. as Merrill Says Crisis Isn't Over
(DBN Subscription Required)

US Stocks Drop for Second Day; Deere, Retailers, Banks Fall
(DBN Subscription Required)

Stock Exchanges Agree to Join Forces on Insider Trading
(DBN Subscription Required)

Lehman Negotiating With BlackRock About Asset Sale
(DBN Subscription Required)

Goldman Sachs seems to have whistled past the credit crisis, but could there be trouble ahead?
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Oral Arguments Heard in JPMorgan-Bear Stearns Merger Case
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Bankruptcy Statistics:

Charlotte: Bankruptcy filings surge in downturn
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Politics:

Trustee re-appointed to Terrill's bankruptcy case
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McCain favored by CFOs
(DBN Subscription Required)

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Jewelry:

When Is a Diamond Not Forever? In Liquidation
(DBN Subscription Required)

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M&A:

Big LBO firm swings to loss
(DBN Subscription Required)

Cerberus, Carlyle Profit From Sales Amid LBO Drought
(DBN Subscription Required)

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Aviation:

Liquidation is not the answer for United Airlines
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Gemini ceases flying
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Airlines' rising fees confuse and anger their passengers
(DBN Subscription Required)

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Insurance:

Insurance Coverage Available For The Subprime Mortgage Collapse: Current Developments
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AIG May Raise $20 Billion
(DBN Subscription Required)

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Health Care:

Hospital on right track
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Hockey:

SMR seeks dismissal of arena bankruptcy filing
(DBN Subscription Required)

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Credit Cards:

Credit Card Fair Fee Act
(DBN Subscription Required)

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Real Estate:

BofA shares slide as Countrywide hit with lawsuit
(DBN Subscription Required)

At Countrywide, Option ARM Woes Mount
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Greenspan Blasts Mortgage Fix
(WSJ: separate paid subscription required)

US Foreclosures Increase 55%, Bank Seizures Rise to Record
(DBN Subscription Required)

Agency Mortgage Bond Yield Spreads Widen as Loan Losses Expand
(DBN Subscription Required)

Catch-22 in Mezzanine Lending
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Taro Properties Ariz. files for bankruptcy protection
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Toll Brothers Warns Investors
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ResCap Taking Repurchase Fight to Courts
(DBN Subscription Required)

ResCap Force Feeds Bad Loans To Sellers
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Rising Mortgage Rates Drive Down Home Prices: Study
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Mortgage Apps Drop as Rates Rise
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HI foreclosure rate up 169 percent
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Detroit house sells for $1.00
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Foreclosure Of 88-Year-Old Leads to Police Standoff
(DBN Subscription Required)

Subprime Litigation: Something Old, Something New?
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CA groups likely to 'bypass' Brown in search of foreclosure moratorium
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Mystery owner set to take troubled homes
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Save-A-Home Ponzi Scheme Crashes
(DBN Subscription Required)

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Retailing:

US retail sales edged down in July
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Retailers Retreat
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Retail Sales Feed a Mood of Decline
(NYT: separate free registration required)

Mervyns to close 26 stores
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Wal-Mart profit climbs 17%, ups 2008 goal
(DBN Subscription Required)

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ARS:

Goldman Balks at Helping Rich
(WSJ: separate paid subscription required)

US SEC, states close to auction-rate pacts
(DBN Subscription Required)

JPMorgan, Morgan Stanley Close to Auction-Rate Accord
(DBN Subscription Required)

Auction-rate brouhaha has familiar story line
(DBN Subscription Required)

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Autos:

GM Debt Rating Lowered Further Into Junk by Moody's
(DBN Subscription Required)

Chrysler in talks with automakers on tie-ups
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Ford sees expansion in small car sales, profits
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Toyota to keep US leasing as rivals retreat
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Closures & Layoffs (Aug. 10-16): Thousands of Dealerships At Risk
(DBN Subscription Required)

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Gambling:

Bluhm again warns of bankruptcy for city casino
(DBN Subscription Required)

Bluhm raises his stake in stalled casino
(DBN Subscription Required)

Creditors object to Greektown plan
(DBN Subscription Required)

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Food/Drink:

Mamma mia! Uno Restaurant Holdings to miss loan payment, reorganize
(DBN Subscription Required)

Uno's CFO says company not in danger of default
(DBN Subscription Required)

Pizzeria Uno may serve up some bad news
(DBN Subscription Required)

S&P Gives Uno One Rating Cut, Warns of Another
(DBN Subscription Required)

Interstate Bakeries reports $12.3 million loss
(DBN Subscription Required)

Pierre Foods Receives Final Approval of its Debtor-In-Possession Financing
(DBN Subscription Required)

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Manufacturing:

Deere stumbles on a poorer US housing market
(DBN Subscription Required)

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Mass Torts:

The Use of Litigation Screenings in Mass Torts: A Formula for Fraud?
(DBN Subscription Required)

Workers' Comp Award in Asbestos Case Reduced to Account for Cigarette Usage
(DBN Subscription Required)

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Golf:

Middletown country club struggles to survive, files for Chapter 11
(DBN Subscription Required)

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Shipping:

Commodity Shipping Lines Reel as Baltic Index Tumbles
(DBN Subscription Required)

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Rating Agencies:

S&P says more bank and brokerage downgrades coming
(DBN Subscription Required)

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Accounting:

Crunch pushes auditors into earlier client talks
(DBN Subscription Required)

PwC denies Deloitte's reputational boast
(DBN Subscription Required)

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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)
(DBN Subscription Required)

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Bankruptcy Sales:

Judge Markell's Bombshell BAP Ruling That a Winning Credit Bid in a Bankruptcy 363 Sale Doesn't Strip Off Junior Liens
(DBN Subscription Required) (link corrected from yesterday)

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Oil/Gas:

US Trustee seeks SemGroup bankruptcy fraud probe
(DBN Subscription Required)

Officials are questioning SemGroup
(DBN Subscription Required)

SemGroup Rushed to Raise $718 Million Pre-Bankruptcy
(DBN Subscription Required)

SemGroup bankruptcy throws a wrench into supply, price picture
(DBN Subscription Required)

Vess Oil files to recover funds
(DBN Subscription Required)

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Newspapers:

Cox Enterprises to sell some newspapers
(DBN Subscription Required)

Asset write-down sends Tribune to $4.5 billion loss
(DBN Subscription Required)

Gannett Short Sellers Press Bets as Ad Sales Slide
(DBN Subscription Required)

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Printing:

Vertis Receives Final Court Approval of Financing
(DBN Subscription Required)

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Municipalities:

JeffCo reschedules sewer hearings
(DBN Subscription Required)

Two Commissioners Say Bankruptcy Is Close
(DBN Subscription Required)

Bankruptcy May Be "Boon" For County
(DBN Subscription Required)

Governor Riley on Jefferson County Sewer Debt Crisis
(DBN Subscription Required)

In bankruptcy, settlement is objective
(DBN Subscription Required)

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Pensions:

Workers contribute more to 401(k)s as times get tough
(DBN Subscription Required)

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Student Debt:

Getting Schooled on College Costs - Many rely on credit cards, private loans, and home-equity loans, but those sources are drying up
(DBN Subscription Required)

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Banking:

Wachovia shares extend decline
(DBN Subscription Required)

Caution Pays for a Lender in New Jersey
(NYT: separate free registration required)

IndyMac Lists $443 Million in Debts
(DBN Subscription Required)

As Early as 2005, UBS Executives Were Told of Possible Offshore Violations
(NYT: separate free registration required)

RBS fails to offload assets
(DBN Subscription Required)

Is the White House pushing bank failures onto the next administration's plate?
(DBN Subscription Required)

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Celebs:

UST Requests Chapter 11 Trustee in Michael Vick Case
(DBN Subscription Required)

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Layoffs:

Enforcing Restrictive Covenants in Times of Layoffs
(DBN Subscription Required)

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Corporate Governance:

Boosters of "The Fiduciary Duty of Good Faith" Rejoice
(DBN Subscription Required)

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UK:

UK Pound Falls to 22-Month Low as BOE Slashes Growth Forecast
(DBN Subscription Required)

British Land Plunges Most in 16 Years as UK Real Estate Falls
(DBN Subscription Required)

Snub for moves to ease mortgage crisis
(DBN Subscription Required)

Housebuilder: reservations down 45%
(DBN Subscription Required)

Inflation surges to 16-year high
(DBN Subscription Required)

HBOS to axe 425 jobs
(DBN Subscription Required)

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Spain:

A Building Hangover for Spanish Economy
(NYT: separate free registration required)

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Netherlands:

ING's quarterly profit down 25 per cent
(DBN Subscription Required)

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EU:

A Summer's Chill Spreads Over Europe
(DBN Subscription Required)

Eurozone economy shrinks for first time in more than a decade
(DBN Subscription Required)

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Japan:

Japan Stocks Fall a 3rd Day
(DBN Subscription Required)

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Canada:

Sad day for SAAN stores
(DBN Subscription Required)

Super-Priority for Canadian Workers
(DBN Subscription Required)

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Netherlands:

Sharp drop in bankruptcy rate
(DBN Subscription Required)

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