Law:

Insolvency teams getting restless as predicted bankruptcies fail to appear
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Kirkland & Ellis LLP's Restructuring Group Selected for Award for Excellence by Chambers & Partners
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Kilpatrick Stockton Georgia Bankruptcy Gets Top Ranking From Chambers USA
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Chambers USA Rankings Honor Haynes and Boone Bankruptcy Practice
(DBN Subscription Required)

Bear: "Who's the Client?" Tannin Allegedly Raised Classic Legal Question
(DBN Subscription Required)

Federal "Frenzy" Surrounds Arrests of Former Bear Stearns Hedge Fund Managers
(DBN Subscription Required)

Bear: A Look at Who's Repping Cioffi and Tannin
(DBN Subscription Required)

A Bear Case for Smart Folks Who Write Dumb E-mail
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Attorneys Among 406 Indicted in Operation Malicious Mortgage
(DBN Subscription Required)

Sizing Up the Bear Managers Criminal Case: Conviction or Acquittal?
(DBN Subscription Required)

Ex-Bear Stearns GC resurfaces at lender WaMu
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Exec Not Served with Subpoenas Gets $3M Consumer Judgment
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Massive layoffs threatened at UK firm
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No Home Court Advantage for Expert Witness
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No Evidence to Suggest Hunton & Williams Partner Committed Fraud, Judge Says
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As Economy Dips, Careers in BigLaw Look Good to NY Investment Bankers
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Ex-Partner Suing BigLaw Firm Over Ouster
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Lawyer Jailed for Missing Trial Is Released on $10K Bond
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What to Do About Underperforming Legal Assistants
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Court decisions may place higher costs on business
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NY Firms Say Settling With AG in Pension Scandal Made Sound Business Sense
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Top London Firms Win Over Junior Ranks as Morale Rebounds
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House Judiciary To Take Up Rare Judicial Impeachment Referral
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Court Upholds Agreement That Gave Firm Company Stock as Fee
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Allen & Overy raids Cadwalader New York for banking specialist
(DBN Subscription Required)

Federal Judge Rejects 11th Circuit's Urging That Investment Company Be Punished
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Razor Blades, Rock Bands and TV Shows
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Second-Chairing the White House, Part II: The GOP Version
(DBN Subscription Required)

Lawyer Makes Thong Injury Suit Sound Boring
(DBN Subscription Required)

Meet Michael Smyth, 'Social Conscience of the City Law Firms'
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Advice for succeeding in the rapidly changing legal profession: "Sleep less"
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High school student faces up to 38 years in prison for cheating
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Official Top Ten Law Songs
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Why You Should Always Sign Out of a Public Computer
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Judges:

Judge Charged With Misconduct After YouTube Video Shows Him Soliciting Campaign Funds
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Bar Group Defends Its Probe of Controversial Judge
(DBN Subscription Required)

Is a Judge by Any Other Profession Still 'Judge'?
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Ex-Judge of the Day: D. William Garrett
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Corporate Reform:

Putting A Face On The Credit Crisis
(DBN Subscription Required)

Sifting Through the SEC Charges of Two Former Bear Stearns Managers
(DBN Subscription Required)

The 'Perp Walk' Debate: Prejudicial or Legit?
(DBN Subscription Required)

Same Perp Walk, Different Summer?
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Paulson Urges New Fed Powers
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SEC, Fed near agreement to oversee financial system
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Former Tougher owner Shaw faces up to 30 years in prison
(DBN Subscription Required)

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Banking:

Citigroup's Crittenden Sees More Subprime Writedowns
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Citigroup Shares Fall on Writedown, Loss Forecast
(DBN Subscription Required)

WaMu to Cut 1200 More Jobs
(DBN Subscription Required)

Banker Detained in Dubai Claims in Suit That He Was Tortured
(DBN Subscription Required)

Sumitomo Mitsui Bank In Talks To Invest In Barclays
(DBN Subscription Required)

If you sell bank stocks short, regulators get upset
(NYT: separate free registration required)

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Autos:

Ford workers getting by, one year after plant closes
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GM buyout lures 17,398 workers
(DBN Subscription Required)

Ford and GM financial arms may incur writedowns
(DBN Subscription Required)

Chrysler crisis - Can the smallest of the Detroit three survive on its own?
(DBN Subscription Required)

Levine Files Complaint in Diamond Bankruptcy Case; Alleges "Levine Guaranty" No Longer Enforceable
(DBN Subscription Required)

Diamond Auction "May Take All Day"
(DBN Subscription Required)

Kerkorian's rising stake great news for Ford
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Trustee asks judge to block $1M in bonuses for Plastech management
(DBN Subscription Required)

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Theme Parks:

Defunct amusement park sold in bankruptcy court
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In pursuit of a Wild West World buyer
(DBN Subscription Required)

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Gambling:

Troubles Building at Terrible's; Dayton Casino Shuts Down
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Back At It: Charles Barkley enters celeb poker event in Vegas
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Trucking:

Aliquippa trucking company shuts down
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Insurance:

Insurance CEOs Lose Jobs Just as Fast as Investment Bank Chiefs
(DBN Subscription Required)

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Real Estate:

White House threatens veto of foreclosure rescue
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Hundreds swept up in mortgage fraud arrests
(DBN Subscription Required)

Bear Stearns execs indicted; emails at issue
(DBN Subscription Required)

Highlights From Bear Indictment: 'The Entire Subprime Market Is Toast'
(DBN Subscription Required)

In Bear Stearns Case, Question of an Asset's Value
(NYT: separate free registration required)

FBI: Mortgage-Fraud Probe Includes Some Big Companies
(DBN Subscription Required)

New FBI Targets: Real Estate Brokers
(DBN Subscription Required)

67 Arrested In Mortgage Fraud Sweep
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FBI eyes big business in mortgage fraud probe
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Another Layer of Mortgage Fraud in Vacant Condo Units
(DBN Subscription Required)

Bank of America's Countrywide Bid Falls by $1 Billion
(DBN Subscription Required)

BofA + Countrywide: Can Ken Lewis Rescue the Kobayashi Maru?
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Freddie Mac: 30-yr fixed-rate mortgage highest since Sept.
(DBN Subscription Required)

Ditch This House
(DBN Subscription Required)

No bottom yet for California's new-home market
(DBN Subscription Required)

Foreclosures hit Fort Bend County housing market
(DBN Subscription Required)

Mortgage bankers group spent $1M lobbying in 1Q
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EnCap project under federal investigation
(DBN Subscription Required)

Billionaire Set to Buy Trump Mansion
(WSJ: separate paid subscription required)

Star athletes real estate investment sours
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Investor tells of maneuvers to get inflated loan
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Aviation:

Gemini Pilots Respond to Bankruptcy Announcement
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Continental to team with United in Star Alliance
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Could a UAL-Continental alliance signal a new direction?
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The Not-So-Friendly Skies
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Frontier cuts flights amid bankruptcy
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Southwest May Pounce As Oil Wrecks Airline Plans
(DBN Subscription Required)

Airline decline is more than a market failure
(DBN Subscription Required)

Hawaiian pilots seeking to settle contract
(DBN Subscription Required)

Judge grounds Aloha sale of lawsuit
(DBN Subscription Required)

Buyouts sought for older Air Canada staff
(DBN Subscription Required)

High Fuel Costs Are Squeezing Low Air Fares
(NYT: separate free registration required)

Southwest, Jetblue drop low-fare caps
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Business Fliers Unfazed by Fare Increases
(NYT: separate free registration required)

Berlusconi back with a blast for Brussels commissioners
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Italy aviation agency summons Alitalia execs
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Italy's prime minister and the law
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Flight Diverted over cigarette; flight attendant snatched from mouth
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Economy:

Leading Indicators Inch Up, but Weakness Remains
(NYT: separate free registration required)

Paulson says energy prices could prolong economic slowdown
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China Raises Fuel, Power Prices to Curb Energy Consumption
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Oil Tumbles on Signs China's Demand May Fall
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Oil Rebounds After Fall on China Fuel Price Hike
(NYT: separate free registration required)

Foreign central banks boost US debt holdings
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U.S. factories languish as costs reach highest levels since 1980
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IRS makes push to get economic stimulus checks to retirees
(DBN Subscription Required)

Weak Economy Continues to Damp Employment
(WSJ: separate paid subscription required)

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Mass Torts:

Amazing Grace: In bankruptcy for seven years, and loving it
(DBN Subscription Required)

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Bonds:

Debating MBIA's Solvency
(DBN Subscription Required)

The end of MBIA and Ambac?
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Moody's Cuts Insurer Ratings
(NYT: separate free registration required)

Evergreen Liquidating Ultra-Short Fund After 18% Drop
(DBN Subscription Required)

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Nazis:

Roanoke neo-Nazi files for bankruptcy
(DBN Subscription Required)

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Hockey:

Bank questions collateral on '04 loan to Del Biaggio
(DBN Subscription Required)

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Corporate Governance:

Amida v. Cerberus, a commentary
(DBN Subscription Required)

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Mining:

Asarco gets OK for $13.5M cleanup
(DBN Subscription Required)

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Furniture:

Dormia wants access to DIP
(DBN Subscription Required)

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Turnarounds:

Turning Around the Architects of Disaster
(DBN Subscription Required)

______________

Derivatives:

Why derivatives bankers have promised to pull their socks up
(DBN Subscription Required)

______________

Credit Cards:

Average credit card debt and national credit card loan delinquency has for the first time experienced statistically relevant quarterly declines
(DBN Subscription Required)

______________

Politics:

Frank to media: Dodd's VIP Countrywide treatment is not a big deal
(DBN Subscription Required)

______________

Convenience Stores:

31 Plus' trustee's conversion case denied
(DBN Subscription Required)

______________

New Bankruptcy Opinions
(2 new opinions 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)

____________

Bankruptcy Litigation:

Deloitte Is Protected in "Insolvency" Ruling
(DBN Subscription Required)

______________

Wall Street:

Futures Fall, as Banks Drop In Europe
(NYT: separate free registration required)

European Stocks Decline, US Futures Drop
(DBN Subscription Required)

Crime and delusion on Wall Street
(DBN Subscription Required)

Two Sides to Story Define Wall Street in Cioffi's Tale at Bear
(DBN Subscription Required)

Experts say hedge fund arrests send out chills
(DBN Subscription Required)

Cioffi Fund Hoisted in Vodka With Tannin Began Bear's Endgame
(DBN Subscription Required)

Rogue trader Matthew Piper lost Morgan Stanley 60m suspended
(DBN Subscription Required)

London 'Cityboy' Unmasks World of Analysts Pushing 'Gibberish'
(DBN Subscription Required)

______________

Financial Literacy:

Students flock to financial literacy test
(DBN Subscription Required)

______________

Tax:

Ex-UBS banker pleads guilty to US tax evasion scheme
(DBN Subscription Required)

Birkenfeld Says UBS Helped Clients Hide $20 Billion
(DBN Subscription Required)

Response to House's Private Debt Collection Concerns
(DBN Subscription Required)

______________

Retailing:

Pier 1 tumbles after big miss in quarterly results
(DBN Subscription Required)

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Food/Drink:

Lodi winery promises comeback
(DBN Subscription Required)

______________

Hedge Funds:

Behind the Scenes of Bear's Fund Meltdown
(DBN Subscription Required)

Girlfriend of Fugitive Fund Manager Is Charged
(NYT: separate free registration required)

Israel's Girlfriend Charged With Helping Him Become Fugitive
(DBN Subscription Required)

Is Chapter 15 now a closed book for hedge funds?
(DBN Subscription Required)

Hedge Funds Are Starting to Get 'Voted Off the Island'
(DBN Subscription Required)

Greener pastures: Investment bank bigs flocking to hedge funds
(DBN Subscription Required)

Hedge fund launches at eight-year low
(DBN Subscription Required)

______________

Accounting:

It's the job - piss someone off!
(DBN Subscription Required)

3 Former Nortel Executives Accused of Accounting Fraud
(NYT: separate free registration required)

Concern over World economy as Deloitte forced to ration biscuits
(DBN Subscription Required)

Ex-Lehman CFOs named in sub-prime suit
(DBN Subscription Required)

______________

Horse Racing:

NYRA bankruptcy court date likely to be postponed
(DBN Subscription Required)

______________

Bankruptcy Research:

Older Americans in Bankruptcy
(DBN Subscription Required)

Trends in Distressed Debt Investing: An Empirical Study of Investors' Objectives
(DBN Subscription Required)

______________

Religion:

Catholic sex abuse crisis far from over in Vermont diocese
(DBN Subscription Required)

______________

Cash Management:

SEC: Hedge Funds Lost Out in Sentinel Fraud
(DBN Subscription Required)

Sentinel heads to confirmation
(DBN Subscription Required)

______________

Municipalities:

NGA Foresees Long Downturn for States
(DBN Subscription Required)

______________

UK:

Expected increase in corporate insolvencies
(DBN Subscription Required)

Alistair Darling snubs FSA as Bank of England given new powers
(DBN Subscription Required)

London bankruptcies quadruple
(DBN Subscription Required)

Mortgage mayhem as Bristol & West withdraws deals and First Direct raises cheap rate
(DBN Subscription Required)

1 in 5 worried about repossession
(DBN Subscription Required)

Housebuilding industry in crisis
(DBN Subscription Required)

HBOS Plans to Reduce Corporate Loans This Year
(DBN Subscription Required)

Christian bookshop sacks staff by e-mail
(DBN Subscription Required)

BDO appointed Eugena administrator
(DBN Subscription Required)

Grant Thornton steps in for failed haulage firm
(DBN Subscription Required)

______________

India:

Bar on credit derivatives may hit fund raising by India Inc
(DBN Subscription Required)

______________

Canada:

Livent: Witness got $3M, lawyer says
(DBN Subscription Required)

WFP idles 2000 workers
(DBN Subscription Required)

Court set to rule on BCE
(DBN Subscription Required)

Royal Group Technologies: Action is good but speed would be better
(DBN Subscription Required)

______________

EU:

Bond Sales Soar in Europe as Companies Plan for Slump
(DBN Subscription Required)

______________

India:

India's Inflation Rises Most 13 Years
(DBN Subscription Required)

______________

France:

France's Economy to Grow at Slowest Pace in Five Years in 2008
(DBN Subscription Required)

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