Law:

The Rarefied Air of the A-List
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Howard Rice Delays Several Associates' Start Date by a Year
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Survey Results: Fear of Firings
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Homebuilders' Woes Mean Big Work for Bankruptcy Bar
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Salary and Billing Survey Reveals Where Firms Are Spending
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LaSalle Bank's Law Firm Disappears
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53 Attorneys from Schwartz Cooper Join Dykema's Chicago Office
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Heller losses mount
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O'Connor & Hannan Merges With Nossaman Guthner
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Law Firm Doesn't Just Sell Advice, It Pays for It . . . Weird
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Lawyer's Phony Letter That Got Her Boss Fired Could Get Her Disbarred
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Va. Firm Grabs Akin Group as Part of Expansion in California, Texas
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Willkie Farr Confirms Trans-Atlantic Alliance With Dickson Minto
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Hundreds of In-House Counsel May Run Afoul of New Law
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Hiring experts to keep them away from the other side
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Chief Justice Cites Bob Dylan, But Corrects the Grammar
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Judges:

Judges cite nonsense poem in Guantanamo case
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Judge Gave Bogus Jobs to Cronies to Pay for Personal Legal Work, Feds Say
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Judge of the Day: O. Peter Sherwood
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NY Supreme Court Justice Emily Goodman: 'I Have Wasted 25 Years of my Life By Serving on the Bench'
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Fla. Bar Investigates N.Y. Judge for Possible Practice Rule Violation
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Tax:

US Asks Court to Direct UBS to Turn Over Accounts
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UBS faces legal move on tax evaders
(DBN Subscription Required)

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Economy:

Paulson to reveal more on Fed stability role
(DBN Subscription Required)

Broad Says Economy in Worst Slump Since World War II
(DBN Subscription Required)

At Midyear, the Economic Pain Persists
(NYT: separate free registration required)

Fewer companies plan to hire, give raises in next three months
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June Chicago PMI rises slightly, but still indicates contraction
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Is a Small-Business Recession on the Way?
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Crude Oil Rises
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Banking:

Wachovia's Interim CEO Tells Employees To Cut Costs
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Fire Sales Of Bank Assets Coming Up
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UBS Falls to Lowest Since '98; Analysts Foresee Loss
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UBS clears the decks
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Regulators mull letting PE firms take stakes in U.S. banks
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Banking industry nightmare awaits in ruling to rescind adjustable-rate mortgages
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Franklin Bank appoints new CEO
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Deutsche Bank Drops Most in Five Months on Profit Warning Talk
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Jewelry:

Diamond exporters hit by bankruptcies in US
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Judge OKs Friedman's employee-retention plan
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Alternative Energy:

Renova Energy files for Chapter 11 bankruptcy protection
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Court Approves Loan For Red Shield
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Red Shield filings reveal mounting debt
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Biofuel Makers Going Bankrupt
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Food/Drink:

RJ Gator's revival falters
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Sam Seltzer's Enters Bankruptcy
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Forest Products:

Former Pope & Talbot pulp mill in Halsey, Oregon, restarted
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Veteran timber interests now back Sierra Pacific
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Court weighs Palco 'deal-killer' claim
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Corporate Reform:

National Century execs set for prison sentencing
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Mortgage victims have deaf ears for mercy plea
(DBN Subscription Required)

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Health Care:

New Jersey State Budget Means an Uncertain Future for Hospitals
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Lawyers Want Takeover Of Haven Nursing Homes Till Buyer Found
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Highland Medical on the block
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Newspapers:

Newspapers, reeling from slumping ads, slash jobs
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Star Tribune withholds some pay to lenders
(DBN Subscription Required)

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Bonds:

MBIA Has Sufficient Assets to Meet Collateral Call
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MBIA sold $4 billion in assets to meet obligations
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Subprime, Alt-A Bonds to Extend Drop as Banks Retreat
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Real Estate:

Dodd Presses Mortgage Relief
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Florida sues Countrywide over mortgages
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Countrywide's Mozilo exits stage a fallen hero
(DBN Subscription Required)

Ciao, Angelo
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Clock ticking as WCI Communities' debt comes due
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IndyMac denies that it's close to collapse
(DBN Subscription Required)

Pick-A-Pay's Had Its Day
(DBN Subscription Required)

CIT To Sell Remaining Home-Lending Businesses For $1.8 Billion
(DBN Subscription Required)

Freddie Mac shares fall as housing troubles worsen
(DBN Subscription Required)

Woodbridge to pay Levitt and Sons $12.5M
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Fortune Says Profit Declined More Than It Forecast
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Banks should bear some foreclosure pain, Frank says
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Malibu investors left high and dry
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Housing Crisis Popular With Popular Teens
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Autos:

Chrysler Shows $300 Million Loss Through April; Plant to Close
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Chrysler's cutbacks another blow to Magna
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GM Stock Hits 30 Year Low, Bankruptcy Rumors Swirl
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Will bankruptcy clouds settle over GM?
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GM seeks to seize tooling from bankrupt supplier
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Ford, GM drop ahead of June sales results
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Detroit car sales set to be 'worst since 1990s'
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American Axle gets flat tire from GM woes
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What's an Auto Industry CEO Worth?
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Court OKs settlement over Delphi DC plan
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Wall Street:

Stocks Decline in Europe, Asia; US Index Futures Retreat
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Mixed day, brutal June
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Inflation fears spark global market rout
(DBN Subscription Required)

Lehman Drops to Eight-Year Low on Sale Speculation
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Lehman Brothers: 'Take Under' Candidate?
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How Bear Died
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Stalking the Bear Rumors
(NYT: separate free registration required)

What did Jeffrey Epstein have to do with Bear Stearns?
(DBN Subscription Required)

Inside the Skin of a Short-Seller
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Bonuses fueling layoffs on Wall Street?
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Fraud:

Ex-Home Depot employee pleads guilty in fraud case
(DBN Subscription Required)

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Municipalities:

Birmingham mayor asks judge to toss SEC lawsuit
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Texas county seeks protection from bills over FLDS raid
(DBN Subscription Required)

Inundated towns along river ponder their futures
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Manufacturing:

Miami company agrees to buy Shapes
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Finance:

Corporate-Debt Costs Stay High
(WSJ: separate paid subscription required)

Allco's Bankers Extend Debt Deadline a Third Time
(DBN Subscription Required)

Junk Bond Borrowers Squeezed in Europe After Year-Long Shutdown
(DBN Subscription Required)

Credit Crunch Fuels Rise in Loan Schemes
(WSJ: separate paid subscription required)

Asset Based Lending grows during credit crunch
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Bankruptcy Litigation:

Fedders suit claims greed led to decline
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Bankruptcy Statistics:

Mortgage woes are blamed for many of the HIfilings this year
(DBN Subscription Required)

Bankruptcy cases increase as economy falters
(DBN Subscription Required)

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Awards:

Chambers USA Names 20 Mintz Levin Attorneys Leaders in Their Fields for 2008
(DBN Subscription Required)

Hughes Watters Askanase Receives FIS Summit Award
(DBN Subscription Required)

Munger Tolles Tops AmLaw A-List
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M&A:

Clear Channel Banks Cut Loan Price to Lure Buyers
(DBN Subscription Required)

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Politics:

Obama May Produce $1 Trillion Deficit, Gross Says
(DBN Subscription Required)

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Trucking:

IdleAire lands DIP loan
(DBN Subscription Required)

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Insurance:

Subprime problems don't turn D&O market
(DBN Subscription Required)

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Enron:

Enron defendant faces third trial on broadband charges
(DBN Subscription Required)

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Oil/Gas:

Lothian Oil plan on hold
(DBN Subscription Required)

Osyka to pay unsecureds in full
(DBN Subscription Required)

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Theme Parks:

Wild West sale scheduled to close
(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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Aviation:

Frontier Airlines loses $60M for year
(DBN Subscription Required)

Delta, Northwest pilots unions to review tentative agreement
(DBN Subscription Required)

Airlines try to hedge against soaring fuel costs
(DBN Subscription Required)

Mesa Air posts $9.4 million profit
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Mesa lawsuit postponed until April
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Go! posts $8.3 million loss
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Oil costs will kill bargain airlines, Milton warns
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Boeing's Biggest Monthly Stock Drop Since '01 Hits Worker Pay
(DBN Subscription Required)

Why Ted's demise is a boost for business travelers
(DBN Subscription Required)

Austria Hires Merrill to Find Buyer for Its Airline
(DBN Subscription Required)

Jet Airways India, Deccan Fall to Record Lows on Fuel
(DBN Subscription Required)

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Movie Industry:

Well Known US Promoter Of Bollywood Star Shows Declares Bankruptcy
(DBN Subscription Required)

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Gambling:

Palm Beach Princess could be sold Tuesday at auction
(DBN Subscription Required)

Slowdown Squeezes Vegas Casinos
(WSJ: separate paid subscription required)

Betting For Recovery
(DBN Subscription Required)

One Debt at A Time
(DBN Subscription Required)

'Chronic Gambler' Lawyer Sues for Being Given Credit
(DBN Subscription Required)

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Accounting:

Are Bean Counters to Blame?
(NYT: separate free registration required)

Deloitte accountant, banned from public company audits for two years after Adelphia debacle, is reinstated by SEC
(DBN Subscription Required)

PwC appoints 80 new partners
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Golf:

Fraud accusations in Fresno resort deal
(DBN Subscription Required)

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Retailing:

Goody's lays off 40 at headquarters
(DBN Subscription Required)

Steve & Barry's May Shut Stores
(WSJ: separate paid subscription required)

France rules against eBay: Another nail in the coffin?
(DBN Subscription Required)

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Hedge Funds:

Jeffrey Epstein's Other Headache
(DBN Subscription Required)

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Corporate Governance:

Vermont Wants to Be the "Delaware of the Net"
(DBN Subscription Required)

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Pigeons:

Company's collapse leaves pigeons' fate up in the air
(DBN Subscription Required)

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Student Debt:

New changes will do you good if you have student loans
(DBN Subscription Required)

Fewer Frisbees on Tennessee Campuses This Fall
(DBN Subscription Required)

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UK:

House prices fall for 9th straight month
(DBN Subscription Required)

UK Property Stocks Post Worst Returns in 20 Years
(DBN Subscription Required)

RBS, Barclays, Lloyds Decline on Concern About UK Recession
(DBN Subscription Required)

UK June Manufacturing Contracts Most Since 2001
(DBN Subscription Required)

Why the housing boom was a disaster for Britain
(DBN Subscription Required)

Sir Ronald Cohen, Nigel Doughty and John Aisbitt help Labour face debt
(DBN Subscription Required)

______________

Canada:

Ian Thow facing 25 fraud charges
(DBN Subscription Required)

BCE deal may be delayed until year-end as financiers balk at price
(DBN Subscription Required)

Chateau Cartier bankrupt
(DBN Subscription Required)

Canada Economy Grew 0.4% in April on Factory Rebound
(DBN Subscription Required)

Notorious fiddler Ashley MacIsaac puts future earnings on block
(DBN Subscription Required)

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Korea:

Bank of Korea Forecasts Fastest Inflation in a Decade
(DBN Subscription Required)

South Korean Court Overturns Guilty Verdict Against U.S. Equity Group Lone Star
(DBN Subscription Required)

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Norway:

Sub-prime chill reaches the Arctic
(DBN Subscription Required)

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Japan:

Japan's Tankan Sentiment Falls, Profits to Drop as Costs Soar
(DBN Subscription Required)

Japan, Australia Bond Risk Declines, Credit-Default Swaps Show
(DBN Subscription Required)

______________

Germany:

German June adjusted jobless down 38000 from May
(DBN Subscription Required)

______________

Russia:

Khodorkovsky Faces 20 Years in Jail on New Charges
(DBN Subscription Required)

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Denmark:

Denmark Enters Recession, GDP Shrinks Quarterly 0.6%
(DBN Subscription Required)

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