Law:
Nixon Peabody Bankruptcy Lateral Defects After Two Months
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A Lawyer Hemorrhage at Thacher Proffitt: Ten Partners Walk
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Tough Times Not All Doom and Gloom for Restructuring Partner - Hey, He's in the Hall of Fame
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Outsourcing in law firms
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Hogan & Hartson Associates Invited to 'Pitch a Tent'
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Evidence Eliminator
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More Details on Expected Milberg Settlement
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Judge Warns Lawyers in Fen-Phen Fraud Case to Stay Away from Jurors
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Firm at 900 Lawyers and Growing Fast
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The Law Goes Open Source
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Law Firm Sues Attorney for Stealing Client in Abramoff Scandal
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Another BigLaw Boss Moving to the Big Apple With Big Plans
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In-House Lawyers Discuss Pitfalls of Generation Gaps
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Avvo Sues Again for Access to Lawyer Records
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Katten beefs up New York with McCarter hire
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Will Law Firms Lose Good People If They Don't Mend Their Ways?
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DLA Piper backtracks on full financial integration in global alignment plans
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Short-change for Consumers and Short-shrift for Congress? The Supreme Court's Treatment of Laws that Protect Americans' Health, Safety, Jobs and Retirement
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Bounty Hunter Dogs Attorney
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Ken Starr's new gig: helping Britney?
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Judges:
Trial suspended over judge's Web site
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9th Circuit's Chief Judge Snared in Web of Kink
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A Look Back at Judge Kozinski's Attack on Monitoring Court Computers
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Judge Kozinski on Sexually Explicit Material He Posted: "It's part of life."
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Judge of the Day: Alex Kozinski
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Judges Gone Wild
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Son of 9th Circuit Chief Judge Says He Maintained Racy Website
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An L.A. Jury + Hours of Fetish Movies + Chief Judge Alex Kozinski, Presiding = Total Awesomeness
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Judge orders state to give pay hike to judges
(NYT: separate free registration required)
Sleepy Judge Was Right
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Banking:
WaMu denies regulatory move rumors as shares fall
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Wachovia, WaMu still in big trouble
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Citi to Close Fund in Blow to CEO
(WSJ: separate paid subscription required)
Bank of America Won't Rule Out Dividend Cut If Economy Weakens
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RBS Faces 'More Bad News Than Good News'
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The Russians are coming! - and buying big stakes in Western banks
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PwC finds control weaknesses at SocGen
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Trio of banks could face write-downs on monoline exposures
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Wall Street:
European Stocks, US Futures Rise
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US Stocks Drop on Rate Concern
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Merrill's CEO says brokerage is boosting liquidity
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Merrill's Thain Says Selling Assets, Shares Are Capital Options
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Stock Investors Get More Bearish on US, UK, Japan
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Some derivatives traders taking a closer look at Lehman Brothers as counterparty
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Bear Avoids Collapse as Team Thumps Lehman
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Lehman Declines for Fourth Day as Merrill Cuts Rating
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Fed discount window mixed blessing for Lehman
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Textiles:
Cooley Advises Hancock Fabrics, Inc. in Bankruptcy Filing
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Autos:
Car hauler may meet with union as strike continues
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Strikes no longer worth it
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Strike threatens to shut car hauler down for good
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GM Seeks C$1.5 Million From Union Over Blockade
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GM action shocks CAW
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Chrysler better off as a private company, says Nardelli
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GM's Woes Spread to Europe in Threat to Revamp
(WSJ: separate paid subscription required)
It's tough being a car dealer
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Hockey:
Metro hit with Del Biaggio subpoena by feds
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Millions in Preds loan under cloud
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Forest Products:
Pope & Talbot mill sale approved
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Maxxam's sordid history with Pacific Lumber
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Mining:
US says supports Asarco sale to India's Sterlite
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Defense rests in Asarco suit against former parent
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Month-long Asarco mining trial comes to close
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Selection of lead Asarco bidder is being challenged
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Probe of Asarco's buyers urged
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Mining Replaces Financial Services as Biggest Driver of M&A
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Personal Bankruptcy:
Going for broke, American-style
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Convenience Stores:
Horizon Travel Plazas files for Chapter 11
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Credit Cards:
US Credit Card Performance: More Deterioration in April
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Stimulus Checks Had Scant Impact on Discover's Delinquencies
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Layoffs:
How to Survive Losing Your Job
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Staying Out of the Red Despite the Pink Slip
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Hedge Funds:
Bench Warrant Issued For NY Hedge-Fund Swindler
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Toscafund Says Talk of Liquidation Is 'Totally Wrong'
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Caging the 800-page Hedge Gorilla
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Is Chapter 15 Now A Closed Book For Hedge Funds?
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Bankruptcy Statistics:
Personal, business bankruptcy filings in AZ Valley up 77%
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Real Estate:
OCC Study Confirms US Foreclosure Growth
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U.S. home prices may dip 30% says J.P. Morgan analyst
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Mortgage Investors to Chip In for Homeowners' Counseling
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Freddie Mac spent nearly $2.2M lobbying in 1Q
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Thornburg Reports Loss of $3.31 Billion on Writedowns
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Lampert Bets on Housing Rebound
(WSJ: separate paid subscription required)
BofA CEO: No plans to scuttle Countrywide deal
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Without Trump Name, Luxury Condo Buyers Want to Back Out
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Home price drop means $4 trillion in lost capital
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Shaq: I can help homeowners fight off foreclosure
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LandSource bankruptcy leads CalPERS to rethink land holdings
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Even the credit-crippled deserve a home
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Condo Cooldown
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Banks giving short-term help to mortgagors
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Foreclosures abound in Riverside County, CA, most in state
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Judge grants Newhall Land its wishes
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Rosewood project goes bankrupt
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Bankruptcies and Rating Downgrades For Homebuilders
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Bank says Rezko owes $5.7 million, and asks judge to remove home from bankruptcy proceeding - Bank of America aims to foreclose on property
(DBN Subscription Required)
Trustee request withdrawn in Shapes/Arch
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`Dirt Bonds' Soil Oppenheimer in California Gambits Gone Awry
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Housing Slump Helps the Draw of Fixer-Upper TV
(NYT: separate free registration required)
Some Buy a New Home to Bail on the Old
(WSJ: separate paid subscription required)
NY Landmarks for Sale to Foreigners?
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Troubled borrowers sue lenders, alleging fraud
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Foreclosures Make Up Majority of Sales in Sacramento
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Economy:
Fed Reserve's Beige Book confirms blue economic mood
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Fed Says Economy 'Generally Weak'
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Fed's On Hold, Stocks Are In The Tank
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Commodity Prices Show No Letup
(NYT: separate free registration required)
Lieberman Seeks Limits to Reduce Speculation
(NYT: separate free registration required)
Don't Fear the Bubble
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Inflation's Bite Worsens Around World
(WSJ: separate paid subscription required)
House won't extend unemployment benefits
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Global Confidence Wanes as Officials Prepare to Increase Rates
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Many Stimulus Checks Confiscated
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Oil jumps $5 on shrinking stockpiles
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$4 gas likely through 2009
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Gas Prices Causing Bankruptcy
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Protests spread across the globe over rising fuel prices
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Stimulus payments result in record May deficit
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Sovereign wealth fund looks to snag another revered U.S. landmark
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Health Care:
Immunicon files for bankruptcy, to sell assets to J&J
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Medical Insurance Becomes Futile
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Another Chicago-Area Hospital Bites the Dust
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Local Doctors Are Potential Investors For Highland Hospital
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Document examination OK'd in Go Fig
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Retailing:
The Sharper Image is in ruins, but its founder, Richard Thalheimer, still believes there is an audience for gimmicky gadgetry
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Goody's gets court OK to pay workers, vendors
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Goody's gets OK for DIP, sales
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Trustee working to determine Premier assets
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Middle Class Sees Health Care Premiums Soar, Benefits Drop, Billing Woes Prevail
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______________
Movie Industry:
Friends defend producer Cecchi Gori
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Rating Agencies:
SEC to Curtail Rater Conflicts After Subprime Losses
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SEC plan for separate ABS rating system would cost raters $130 million
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Politics:
Warren Stumps With Obama
(NYT: separate free registration required)
Obama takes on credit industry; hits McCain
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Union Critical of Obama's Top Economics Aide
(NYT: separate free registration required)
McCain's Tax Plan Favors Wealthiest, Analysis Says
(WSJ: separate paid subscription required)
Obama takes aim at predatory lenders
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Ethics war heats up as key Obama advisor resigns - reports that he had received preferential home loans
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Congresswoman's Financial Report: This Won't Be Pretty
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Ex-Newark official agrees to $2 million bankruptcy settlement
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Student Debt:
Government Preempts Disruption of US Student Loans
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Stephens, Columbia College cut from Citibank and PNC Bank student loan programs
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RVs:
Bankrupt RV Dealer Suspected In Fraud
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Finance:
Libor Overhaul May Fail to Restore Confidence in Rate
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BBA digging itself a deeper hole over Libor
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Newspapers:
Gannett To Freeze Pension Plan Contributions
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Alternative Fuels:
Methane Energy files for bankruptcy
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Theme Parks:
Did Wink Hartman ditch Wild West bid?
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Corporate Governance:
Delaware Bankruptcy Court Decision Illustrates that a Sound Decision-Making Process is Critical to Protect Directors
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Contractors:
Sure Electric case dismissed
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Utilities:
Texas loses 4th electric retailer in past 4 weeks
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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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___________
Aviation:
ATA, in bankruptcy protection, sues FedEx over abrupt end to military charter deal
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US Airways: Fuel bill to rise by $2B
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American Airlines fuel surcharge hits $150
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Malaysia Airlines to raise fuel surcharge
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Trans States lays off 45 pilots
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Northwest, Delta pilot reps still talking
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Virgin Atlantic chief sees more airline failures
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Air Transport Association Leads Coalition in Call for Bipartisan Near-Term Solutions to Energy Crisis
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Continental pilots picket for higher pay
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Continental says travel demand will decline
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Workers Picket UAL Shareholder Meeting in Los Angeles
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United seeks OK for incentive plan
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Jet fuel prices in April rose 54% even as demand drops: ATA
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Alitalia chairman says government loan was in line with EU rules
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Alitalia, Drop Dead!
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Alitalia 'needs an exorcist'
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EU regulators begin inquiry into national airline
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Taiwan's CAA in talks with potential FAT investor
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MAXjet expecting a sale out of bankruptcy
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Air France, Lufthansa to Raise Fuel Surcharges in Coming Days
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Combat:
IFL Cancels Event, Could Declare Bankruptcy
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Furniture:
International Home Furnishings files Ch. 11
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Oil/Gas:
Tekoil & Gas Corporation Files for Chapter 11 Protection
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______________
Bonds:
MBIA Reconsiders $900 Million Capital Deployment
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High-Grade Bond Yields Rise to Highest Since 2002
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Bond insurers need another downgrade
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Accounting:
The growth rate of the Top 50 has slowed significantly
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Gambling:
Vegas Strip revenues decline for 4th straight month
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Food/Drink:
Stockholders meetings scheduled for July 9 - Penn Traffic's losses grow
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Cold Stone Creamery Stone Cold Broke
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Education:
FBI probes Silver State flight school bankruptcy
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Photography:
PSI reorganization plan OK'd
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Municipalities:
Lawyer says brokerage firms liable for losses from Jefferson County sewer bonds
(DBN Subscription Required)
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Corporate Reforms:
Scrushy OKs return to Alabama to talk to attorneys
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On Lam, Comverse Ex-CEO Parties
(WSJ: separate paid subscription required)
UnitedHealth Officials Knew of Backdating, Filing Shows
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Ninth Circuit Decision Permits Wider Scope For SEC-DOJ Cooperation In Parallel Civil And Criminal Proceedings
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Levitt: regulators at fault during the credit crunch
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Art:
Deadline Is Sunday to Claim Art From Dealer Salander
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Mass Torts:
Federal Agencies to Launch $8 Million Effort to Study Libby, Montana Asbestos Exposure
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Test case could give UK asbestos victims raw deal
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Tomato Contamination Cases Are Being Reported Daily
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Insurance:
AIG Holders Bill Miller, Eli Broad, Shelby Davis Seek New Chief
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Celebs:
Fame, fortune and financial distress -- that's showbiz
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Some celebrity bankruptcies
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Apparel:
Main Knitting hearing Friday
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UK:
HBOS Sinks to Low, Putting Morgan Stanley, Dresdner in a Jam
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Underwriters face picking up HBOS bill
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Northern Rock role generating more interest
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UK Retailers Slide as Citi Cuts Ratings on Stocks
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Barratt Drops as Homebuilders Face Writedown Risks
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Barratt Developments boss Mark Clare hits back as housebuilder rout goes on
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UK Government Bonds Rise on Signs Economic Slowdown Deepening
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UK Growth Pace Slows to Three-Year Low
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Austria:
Austrian bank fraud fugitive captured in New Jersey
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Canada:
Banks May Demand More Concessions for BCE Funding
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Forzani Drops Most Since 2004 After Unexpected Loss
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Canadian Industrial Capacity Use Falls to 15-Year Low
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Accountant snared in alleged Livent fraud, court hears
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New Zealand:
NZ Manufacturing Contracts for Second Time in Three Months
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Brazil:
Brazil Stocks Fall for Fourth Day
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China:
China consumer inflation falls
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EU:
Weber Says ECB Ready to Act to Counter `Strong' Inflation Risks
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