Law:

Lawyer faces prison for lining his own pockets
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Milberg Law Firm Close to Plea Deal; $75M Under Discussion
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Phillips Lytle Names New Bankruptcy Partner
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Freshfields PEP surges 40 per cent
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In the Second Tier, Law Firms Post 8 Percent Revenue Gains
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2nd Circuit Holds Magistrates Lack Power to Remand
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Ex-U.S. Attorneys File Amicus Over Firings
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Civil Rights Division Employee Sues DOJ, Alleges Discrimination
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Scalia: When Clients Win in Spite of Their Lawyers
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The women of the Fifth Circuit
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Advice from the Corner Office: Use Google; Avoid Grammar Gaffes
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Firm issues 'come and get us' merger plea
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Heller chairman coy over merger rumors
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Bingham's Rough Month: The Firm Responds
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Indicted Lawyer Files RICO Suit Against Former Firm
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76 Percent of Firms Are Discounting Fees
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Weil set to join Middle East influx
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BigLaw Firm Announces Associate Pay Hikes, Bonuses
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Layoffs, Headhunters Confirm Bad Omens: It's a Buyer's Market for Young Lawyers
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NY Firm Loses Appeal on $941,000 Legal Malpractice Verdict
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Ex-lawyer admits he swindled his clients
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Did Affirmative Action Really Hinder Clarence Thomas?
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Texas Officials, Polygamist Sect Reach Tentative Deal to Start Returning Children
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The 50 Most Influential Minority Lawyers in America
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Academics Give Bad Advice for the Right Price, Angry Law Prof Says
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UK: Top firms retain FTSE stranglehold amid tough times and takeovers
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Long & Winding Road to UK Law Partnership is Getting Longer
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Lawyer(s) of the Day: Jamie Perdigao, or Adams and Reese?
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What do Cadwalader, Cravath, and Fox News share in common?
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Judges:

After drunken driving arrest, bankruptcy judge agrees to leave
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Judge nabbed in sexy dress is off bench
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Young Judge Likely to Spark Firms Into Bidding War as He Leaves Bench
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ACLU: Judge Is Again Displaying Ten Commandments in Court in Contempt of Ban
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Judge Disciplined for Ruling in Cases of Hubby's Bank
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Impact on N.Y. Judges of No Raise Is 'Key' to Case
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Wall Street:

London shares lower early on; DJIA weaker
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Bear's top economists won't join JPMorgan: source
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Bear's Schwartz may not join JPMorgan
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Remembering the Ghosts of Wall Street
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22000 jobs cut, with more to come
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As rich get poorer, their waistlines expand
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Safeguards mean mutual fund bankruptcy risk minimal
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Aviation:

Airline Industry to Suffer $6.1 Billion Loss in 2008, IATA Says
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Fuel costs will trigger airline bankruptcy wave
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Airlines: The bankrupt-ability factor
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United up against a new reality for airlines
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Where in the World Is United's Chief?
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United Seeks Continental Ties
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Teamsters Target UAL Leadership
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Continental could leave current airline alliance
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Frontier, First Data are partners again.
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Frontier's fortunes linked to oil costs
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Oil costs hold key for US Airways
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Fuel not a dealbreaker as UAL/USAir talks founder
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Return flight to bankruptcy possible for US airlines
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US Airways is among vulnerable airlines
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Bankruptcy better than merger?
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Airline Travel Predicted To Worsen
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Aloha lawsuit for sale
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3000 Delta workers take severance offers
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Jetliner Delays Give Carriers a Break
(WSJ: separate paid subscription required)

The End Of An Airline: Employee Marks Champion Air's Final Days
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Fly the Shrinking Skies
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Gambling:

Greektown Casino files for Chapter 11 bankruptcy protection
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Casino bankruptcy reorganization worries Detroit councilwoman
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Greektown Casino Bankruptcy Could Mean Creditors Get Equity
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Utilities:

Bankrupt oil sellers due back in court
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Horse Racing:

Beleaguered NYRA may have future back on track
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Theme Parks:

Park buyers seek more time
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Metals:

Sturgis to sell assets
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Real Estate:

Are Borrowers Free to Lie?
(WSJ: separate paid subscription required)

The Trouble in Housing Trickles Up
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Regency bankruptcy hits Cedar Falls
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CF homeowners left in limbo by Regency collapse
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Debts rise for Sacramento home-builder Reynen
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Reynen & Bardis founder owes $973 million
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Mortgage defaults hit military especially hard
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Bank Owned Real Estate Piles Up
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Homeowners associations feel pinch of foreclosures
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Major Players in Real Estate Title Industry Hit by Suits
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Risky refinancings deepen financial hole
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Motions filed to get LV condo project finished, sold
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A slick sales plan, but no product
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Countrywide Cheats $14 At A Time, Class Says
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Killer Bees and the Housing Crisis
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Economy:

Looking Ahead The Week's Major Economic Reports
(NYT: separate free registration required)

Paulson Says End to Financial-Market Turmoil Will Take 'Months'
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Think the Economy Is Bad? Wait Till the States Cut Back
(NYT: separate free registration required)

Paulson: ending dollar peg not Gulf inflation cure
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The price of nearly everything will be going up
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Economic woes force some businesses out
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Tax rebates go into the gas tank
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Consumer sentiment falls to 28-year low on economy, inflation concerns
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Retailing:

Sharper Image stores to be closed and liquidated
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Sharper Image auction result OKd by Bankruptcy Court
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Retail Clothing Chain Dawahare's Files for Bankruptcy
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Premier Properties will dissolve and not re-form
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Court Authorizes Linens 'n Things Inventory Sales in 120 Stores
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Will Sears Go for Broke?
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Retailers in bankruptcy put limits on gift card use
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Amidst Bankruptcy Speculation Horizon Travel Plaza Close Stores
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Autos:

State needs wakeup call for economic revival
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Mexico hails Ford's 'global' car decision
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Ford stock bid stands
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Kerkorian Bets on Ford, Supporting Turnaround Plan
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Kerkorian's Folly
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Ford's latest problem may be its most difficult
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End of the line for Ohio Ford plant
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Big Oil and the Big Three
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GM could put brakes on weaker car brand
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GM Market Share May Fall Below Milepost
(WSJ: separate paid subscription required)

As GM restructures, Ohio town worries about its future
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Toyota set to cut US sales forecast
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Auto dealers closing as sales dip
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Suppliers crushed by auto slump
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Plastech to close 2 more plants
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Delphi to sell Ohio assets
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Exemptions:

State paves easier road to bankruptcy
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Mining:

Tucson's Asarco to sell assets to India firm
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Vedanta unit buys Asarco out of Chapter 11 at $2.6B
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India flexes its M&A muscles
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Grupo Mexico to block US buy of Sterlite
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Grupo Mexico to do all it can to halt Asarco sale
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Both Asarco, ex-parent firm see trial shaping up their way
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Asarco buy seen a bargain for India's Sterlite
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No hint of counter bid for Asarco: Sterlite
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Court OKs Asarco cleanup settlement
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Municipalities:

Jefferson OKs New Forbearance Pact
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Economic chill freezes Vegas budget
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Art:

Salander's Woes Provide Bargains for Carpet, Furniture Buyers
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Credit Cards:

Credit Card Debt Absent the Mortgage Bubble
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What is the Difference Between a Crack Dealer and a Creditor Soliciting a Bankruptcy Debtor?
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Rating Agencies:

Is CIT paying for Moody's past mistakes?
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Enron:

Task force members enjoying success after Enron
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Tax:

US tax evasion prosecution rate falls
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Billionaire Olenicoff's Plea Docs Describe Tax Evasion Techniques
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New Bankruptcy Opinions
(No new opinions 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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____________

Banking:

Bank regulators shutter First Integrity bank
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FDIC: Bank earnings drop 45 percent
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Which Regional Banks are in Trouble?
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Warren: Why Is This Legal?
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Barclays, RBS Raided by Regulator Over Loan Prices
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Wachovia board forces out CEO Ken Thompson
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Personal Finance:

Consumers Scramble for Cash - Americans are resorting to often-risky ways of shoring up cash as banks tighten lending standards
(WSJ: separate paid subscription required)

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Health Care:

Medical expenses may break boomers
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Nursing home supplier blames thinning margins for collapse
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Sale of North Oakland Medical Center moves forward
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Pontiac to turn over ailing hospital to doctors' group
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Wheels of Health-Care Justice Grind Slowly in Chicago
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AngioDynamics buys Diomed for $8M
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Furniture:

Bombay plans repayment of up to 31.5 percent to creditors
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Consultants:

Court Approves Diamond Glass Hiring FTI Consulting as Advisors
(DBN Subscription Required)

______________

Religion:

Diocese faces complex choices
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Corporate Reform:

Former EADS Chief Faces Insider Trading Charges
(NYT: separate free registration required)

EADS Criminal Trading Probe Is Expected to Widen
(WSJ: separate paid subscription required)

Regulators eyeing McGraw-Hill unit in oil price probe
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Suddenly, Insider Trading Prosecution Is All the Rage
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Credit Counseling:

Debt, credit counselors face scrutiny
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______________

Layoffs:

Case could test NJ's layoff-warning law
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______________

Pensions:

Pension Debts: The Next Financial Crisis
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Pension changes pinch retirees
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______________

Education:

Student Loans Start to Bypass 2-Year Colleges
(NYT: separate free registration required)

Tough Assignment: Find College Loans
(WSJ: separate paid subscription required)

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Public Access:

Sealed objections OK'd in SCL case
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Hedge Funds:

First Comes the Swap. Then It's the Knives.
(NYT: separate free registration required)

Hedge Funds Cut Oil Bets as Prices Rose, CFTC Probed
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Convenience Stores:

High gas prices sink Uni-Marts
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______________

Finance:

Construction loans dry up while delinquency rates shoot up
(DBN Subscription Required)

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Cross Border:

Creditor protection for Telecom Argentina
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______________

UK:

Offshore firms exploit IVA candidates
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London City Office Rents Will Fall 40%
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U.K. Economy Puts Brown in Tight Spot
(WSJ: separate paid subscription required)

Credit crunch creates 'new class'
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Number of people facing bankruptcy falls
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TPG to Buy Bradford & Bingley Stake
(WSJ: separate paid subscription required)

Mortgage approvals hit new low
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Credit Crunch Spells the End for Credit Card Capital
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Laurel creditors lumbered with £130m losses
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Oil exec charged with massive $1bn tax evasion
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UK Mortgage Approvals Drop, Factory Growth Stalls
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Banks' credit crisis solutions have echoes of 1929 Depression
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Canada:

ABCP restructure could win court approval
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June 10 deadline set for offers on idled mills
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Tahera Diamond looks for buyer
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China:

China Leads Asia in Retreat From Inflation Battle, Risking Bust
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______________

EU:

European Finance Ministers Signal Inflation Concerns
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______________

Ireland:

Irish Housing Market Continues to Slide
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