Law:

Big Law Firms' Predicament: Committed to Hire More Lawyers than Needed
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Firms Seek Strategy for Retaining Associates
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WolfBlock to New 1st-Years: We'll See You in November
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Lawyers in Supreme Court Gun Case Ask for $3.5 Million in Fees
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Law Firms Trawling for Business at Dems' Convention
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Weiss, Convicted Ex-Milberg Partner, Wins Approval to Collect Legal Fees
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ABA Gives Thumbs Up to Legal Outsourcing
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Failing To Make Opinion Available on Outsourcing Is Just So ABA
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Auction-rate securities deals don't presage windfall for lawyers
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Wachtell Wins Privilege Fight in Hexion Merger Case
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Porn-Tinged Patent Case Comes to a Climax
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When Your Expert Has a Blog
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Lawyer Accused of Hiring Legal Fees Collection Strongarm
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Some Law Firms Step Up Collection Efforts
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The Future Is Now for Trial Technology
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New Role in Managing Law Firm Risk Exposure: the CRO
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Associates Go for the Gold, Too
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Barbie Wears Black: Mattel's Damages Come in Way Low
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BigLaw Firm Recruits on Facebook
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Say What?!
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Judges:

Judge Adds 'Splash of Color' to Federal Courtroom
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Economy:

Confidence Increases, House-Price Decline Slows
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The People's Republic of America?
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Fed Officials Agree Next Rate Move Will Be Increase
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Fed Minutes Show Split on Inflation
(WSJ: separate paid subscription required)

Census data show no rise in wages in 2007
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America's Poverty Rate Stays Flat, Median Household Income Increases
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Dollar Falls Against Euro, Yen Before US Durable Goods Report
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Durable-Goods Orders in U.S. Unexpectedly Climbed 1.3% in July on Exports
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Fed auctions another $75B to ease credit stresses
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Influential Obama adviser rains all over Fed's parade
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What happens when the downturn goes upmarket?
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Fed's Fisher on inflation likelihood: Flip a coin
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Crude Oil Rises a Third Day
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Health Care:

Ranks of uninsured decrease
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Grand Prairie's Renaissance Hospital files for bankruptcy
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Sunwest investors say they didn't get the full story
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Aviation:

Continental to lay off pilots, reduce management
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Italian investors lined up for Alitalia
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Alitalia rescue plan rises from the ashes
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Italy would welcome Air France-Alitalia tie-up
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Italy sends EU plans to modify law for Alitalia
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Distressed Investing:

Lone Star's Grayken Races Apollo, KKR With $10 Billion of Distressed Deals
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Pimco Seeks Up to $5 Billion to Buy Distressed Senior Mortgage-Backed Debt
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Municipalities:

Gov. Bob Riley, bankruptcy lawyer to lead Jefferson County sewer debt talks
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Alabama County Prepares for a Possible Bankruptcy Filing
(NYT: separate free registration required)

JeffCo Commission terminates Slaughter's services, eyes bankruptcy
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Probate judge can't authorize sewer advisory vote, AG says
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Running Out of Money, Cities Are Debating the Privatization of Public Infrastructure
(NYT: separate free registration required)

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Newspapers:

New York Times July newspaper revenue plunges
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'Honolulu Advertiser' Laying Off Another 27, Folding Three Community Papers
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In effort to cut costs, head off layoffs, guild for Daily News, Inquirer votes to postpone raise
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Motorcycles:

$10 Million Bankruptcy Liquidation of Custom Motorcycle Parts
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Financial Privacy:

The Link Between Bankruptcy & Identity Fraud
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Printing:

American Color Receives Confirmation of Pre-Packaged Reorganization Plan
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SIVs:

Abu Dhabi bank sues Morgan, BoNY and rating agencies over leaky SIV
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Real Estate:

Home prices drop by sharpest rate ever
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New-Home Sales in US Increase From 17-Year Low
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Home prices are improving in some parts of the country but still falling sharply in hard-hit places
(WSJ: separate paid subscription required)

Home Prices Still Falling, but the Pace Is Slowing
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If you bought a house within the last four years, chances are you have a loss,
(NYT: separate free registration required)

Mortgage Applications Up 1st Time In 3 Weeks: Report
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Fear of Defaults After a Flurry of Apartment House Sales
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Freddie pares mortgage commitments; Fannie to buy more
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Fannie, Freddie Mortgage Profit Reaches 10-Year High
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Fannie, Freddie May Avoid Bailout After All
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The Fannie and Freddie Bail-out: Sooner Than You Think
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Fannie, Freddie Can Absorb Losses Through Year End, Citi Says
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Fannie, Freddie Find No Slack in Demand for Debt
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Goldman sees options before Fannie, Freddie takeover
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Large Homebuilder May Be Near Bankruptcy
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How to shore up America's crumbling housing market
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Thornburg Finally Gets A Break
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Can Thornburg Mortgage survive another round of margin calls?
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Thornburg Hit by MBS Write-Offs
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Broward developer files bankruptcy
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Major Builder Woodside Homes Forced Into Chapter 11
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Woodside noteholders seek curbs
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San Diego Prices Down 30 Percent from Peak
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San Diego City Attorney seeks foreclosure moratorium
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Carteret Mortgage of Virginia Will Close; 'We Ran Out of Money,' CEO Says
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FHA Raises Its Premiums to Insure Repayment of Mortgages
(WSJ: separate paid subscription required)

Home123 Back in Business with the Help of 400 Credit Unions
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Waterbrook seeks final OK for DIP
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Comstock's Defaults Darken Its Future
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Foreclosures ensnare low-income renters
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Husband reflects on wife's suicide and the threat of foreclosure
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Feds warn thrifts about changing equity loan terms
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Global Subprime Update
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Banking:

U.S. Bank 'Problem List' Expands 30% to 117, Highest Level in Five Years
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US Bank Earnings Plunge to Second-Lowest Level Since 1991
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Regulators secretly cracking down on banks
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Don't bet on a rebound in the nation's banks anytime soon.
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New Hurdles Loom for Banks
(WSJ: separate paid subscription required)

Citi Will Ban Off-Site Meetings, Limit Color Photocopies to Cut Costs
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Citibank objects to AG's comments over account skimming
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FDIC Urges US Banks to Improve Their Liquidity Measurements
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Committees:

DE: Upcoming Organizational Meeting
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Retailing:

Chico's, American Eagle post sharply lower profits
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Court OK's $475 million for Mervyn's to spend
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Two decrepit Texas malls are headed for foreclosure (scroll down)
(WSJ: separate paid subscription required)

Goody's reorg plan approved
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Hedge Funds:

SageCrest: Bank Pushed Us Into Bankruptcy
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Ore Hill Freezing Client Capital
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Hedge funds could profit if battered financial stocks fall further
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Plastics:

Bankrupt firm might close Elkhart operations
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Bankruptcy Crimes:

Man to face fraud charges
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Derivatives:

Fannie, Freddie Debt Deferral May Not Trigger Swaps
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Student Debt:

Students Worry About Debt After Graduation
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First Marblehead Losing Its Marbles?
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Debt Collection:

Debt wiped away for hundreds in W.Va.
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Jewelry:

Fortunoff, junior lenders reach pact
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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
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Bankruptcy Jobs:

(1), (2), (3), (4), (5), (6), (7), (8), (9), (10), (11)
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Politics:

Is Joe Biden the Patron Saint of Delaware Bankruptcy Lawyers?
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Biden's Big Fans in Delaware's Bankruptcy Industry
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Biden Helped Delaware Keep Corporate Bankruptcy Filings
(WSJ: separate paid subscription required)

Biden And Pay For Play
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Biden No Hedge Fund Lover
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Biggest Financial Crisis Since 1930s Is Absent From U.S. Parties' Agendas
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Sidley Austin Experience Downplayed in Democratic Convention Speeches
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Top Trial Lawyer Pleads Not Guilty to Campaign Finance Charges
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Ruling allows forced bankruptcy of Tony Rezko over $18 million debt
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Credit Cards:

Credit-Card Rage
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Mining:

Grupo Mexico Investors Hit in Texas Courts by Asarco Bankruptcy
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Autos:

8 Questions About the Latest Auto Bailout
(NYT: separate free registration required)

Cadence, Auto-Parts Supplier, Files for Bankruptcy
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Incomes fall in Michigan, number in poverty rises
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Deal shifts GM pensions to Delphi; retirees fear its default
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Baugher seeks sale approval
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Wall Street:

Stock futures lower ahead of durable goods report
(NYT: separate free registration required)

Goldman's Profit Estimate Slashed by Morgan Stanley on Investments Decline
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Powerhouses of capital up for grabs
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School Districts May Sue Firms Over CDOs
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Bonds:

One in Four Junk Issues in Distress
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ARS:

Inquiry Looks at Fidelity-Goldman Ties
(WSJ: separate paid subscription required)

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Insurance:

Insurance company files to have SamCorp, its president forced into bankruptcy
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Insurance Woes Persist
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Gambling:

Tropicana creditors support new sale of Casino Aztar
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Food/Drink:

Future Pilgrim's Pride Bankruptcy?
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Waffle House franchisee files for bankruptcy
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Furniture:

Los Angeles' McMahan's shutting down operations
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Klavohn's liquidators skirt city law and penalties
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Oil/Gas:

SemGroup asks court to reject some existing contracts
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SemGroup shareholder requests subpoena
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UK:

Credit crisis takes toll on London
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Mood darkens on both sides of Atlantic
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Painful lesson for UK banks
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UK homebuilder Taylor Wimpey posts huge 1H loss
(NYT: separate free registration required)

Bankruptcies show decline
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Debt problems rising fast
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Germany:

German business sentiment plummets
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Data Points to Downturn in Germany, With a Ripple Effect Feared
(NYT: separate free registration required)

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Canada:

Bank of Montreal, Scotiabank Profits Decline on Loan Losses
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The wait is over - Conifex got keys
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Japan:

Japan Stocks Fall on Developer's Bankruptcy
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Sohken becomes latest Japan home builder to fail
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Goldcrest Leads Drop in Japan Realtors After Sohken Bankruptcy
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Spain:

Spanish Second-Quarter Investment Declines as Economic Contraction Looms
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New Zealand:

New Zealand Business Confidence Rises First Time in 6 Months
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