Law:

Cleary Seeks Vindication in Appeal on Sanctions
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Nearly 30% of Big Firm Lawyers Surveyed Fear Firing
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Troutman Sanders Merges With D.C. Firm
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Law Firm Merger Mania: Two More Medium-Sized Mergers
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Appeals Court: Lawyer Sanctions Shouldn't Induce Fear of 'Uncharismatic' Clients
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When Boorishness Leads to Sanctions
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Is calling a judge an "evil unfair witch" who is "seemingly mentally ill," protected speech under the First Amendment?
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The Cost of WilmerHale's Gitmo Victory: $17M Worth of Pro Bono Hours
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Judge to decide law firm's fate
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Supreme Court Reduces Damages Awarded in Exxon Case
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Will Court's 1-1 Ratio in Maritime Case Have Broad Punitives Impact?
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SCOTUS to rule on gun rights
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BigLaw's Big Bet on Indian Trust Case: $22 Million and Counting
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Being an 'Anywhere Attorney' Has Its Benefits
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Earning His Letters: Taking Stock of the Support for Scruggs
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Would-Be Partner's $12M Suit Says Law Firm Discriminates Against Women
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Firms Giving Living Together a Try Before Getting Hitched
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Judge Kills Claim, Blames Lawyer
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Partner Hired By MoFo Was Asked to Leave, Sonnenschein Says
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How Large Law Firms Motivate: A Better Chance to Advance, Flexible Schedules
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Labor Department Questions Law Firm About Immigration Advice to Clients
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After Years of Growth, Firms Pare Down Staffs, Budgets
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It's Tricky to Rock a Rhyme
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Man says he was betrayed by accused bankruptcy lawyer, friend
(DBN Subscription Required)

Bankruptcy attorney has 1,000 miles left to finish Appalachian Trail
(DBN Subscription Required)

Say What?!
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'Lawyer' of the Day: Howard O. Kieffer
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I always find that randomly citing "Roe v. Wade" stops my opponents in their tracks
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Judges:

Judge of the Day: Judith Eiler
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Corporate Reform:

Grasso Wins Appeal on 4 of 6 Claims at Top NY Court
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John and Timothy Rigas get small reductions in sentences
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Conrad Black's Sentence Upheld; 7th Circuit OKs Ostrich Instruction
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Cox Pushes Change as Exit at SEC Nears
(WSJ: separate paid subscription required)

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Corporate Governance:

Chancery Rules that Law Firm Covered as Agent for Advancement Purposes Under DGCL Section 145
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D&O Insurance: A Bonfire of Policy Application Issues
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Horse Racing:

NYRA may emerge from bankruptcy before July 13
(DBN Subscription Required)

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Trucking:

Truck transporter JHT files Chapter 11 bankruptcy
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No time to waste for bankrupt JHT
(DBN Subscription Required)

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Autos:

Fitch cuts ratings on General Motors
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Goldman Cuts General Motors, Other Auto And Parts Companies
(NYT: separate free registration required)

Bring Back the Old GM
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Kerkorian May Fill Ford's Tank
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Chrysler cash crunch feared
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Chrysler's rating to 'B-'; outlook negative - Fitch
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Even Toyota is going to struggle
(DBN Subscription Required)

Nissan joins car companies seeing troubled US market
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Progressive can tap cash collateral
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ACH Motion Granted in Diamond Case
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Auto supplier seeks protection
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As gas prices rise, credit card fees eat away at station owners
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Meridian Technologies exits
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Construction:

PlyMart goes into receivership
(DBN Subscription Required)

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Banking:

Citigroup Faces $8.9 Bln Writeoff, Capital Need: Goldman
(NYT: separate free registration required)

Barclays plucks nearly $9 billion from Qatar, others
(DBN Subscription Required)

Global Banking Subprime Fallout
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Banks should fear a rate hike
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Fortis Scraps $2 Billion Payout, Sells Shares, Assets
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Huntington Bancshares Projects High Charge-offs
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WaMu's Losses Expected to Linger
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Retailing:

JC Penney again scales back plans to open stores
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Bed Bath & Beyond's Net Drops 27%, But Beats Wall Street Expectations
(WSJ: separate paid subscription required)

Sharper Image Lives -- as a Brand
(WSJ: separate paid subscription required)

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Real Estate:

New-home sales fall 2.5% in May to 512,000 pace
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Calif AG sues Countrywide over alleged loan scheme
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Illinois-Countrywide: Potentially Devastating
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Washington plans to fine Countrywide, revoke license
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Countrywide's Legal Woes Spread Country-wide; Next Stop: Illinois
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Bank of America's Countrywide Tab Signed by Taxpayers
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At Countrywide's End, an Emotional CEO
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Probe into Countrywide loans could turn on meaning of a "gift"
(DBN Subscription Required)

Freddie Mac Mortgage Portfolio Rises to Highest Ever
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Senate may pass mortgage aid plan soon
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Sen. John Ensign Blocks Mortgage Relief Bill By Pushing For Inclusion Of Tax Breaks On Clean Energy Production
(DBN Subscription Required)

Suit alleges 'gross mismanagement' by NovaStar officials
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Texas Real Estate Slump Lets Mexicans Take It Back
(DBN Subscription Required)

Moody's affirms ratings of Thornburg Mortgage
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Cash use eludes Pivotal Promontory
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Lennar loss smaller than year earlier
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Plise Development Puts City Crossing Into Bankruptcy
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Ecoventure seeks to tap $26M DIP
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Tillim granted final use of cash
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Longer subdivision construction time frames force shift in expenses
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Some new homes are getting very old. Will they ever sell?
(NYT: separate free registration required)

Commercial-Mortgage Bond Sales May Reach 12-Year Low
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Economy:

Watch what the Fed says
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Fed Keeps Rate at 2%, Cites 'Upside' Inflation Risks
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Fed Shifts Its Concern to Inflation
(NYT: separate free registration required)

Buffett Says He's Concerned About US 'Stagflation'
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American Express Slump Signals Economic Strain
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Oil Declines After Supplies Rise for First Time in Six Weeks
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Crude Oil Falls for a Second Day as US Fuel Demand Falters
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Alternative Fuels:

VeraSun delays start of 3rd ethanol plant
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Red Shield likely to file bankruptcy
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Alternative Energy ethanol company shutting down
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Health Care:

Parent company of Shasta Regional closes Houston site
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MediCor near legal settlement
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Gambling:

Judge set to approve $98.7M loan for Greektown
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Recording Industry:

This Woman Now Owns Suge Knight
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Death Row Auctioned Off For $24 Million
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Politics:

P&G CEO urges Obama, McCain not to be too gloomy on economy
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Obama Meets With Auto CEOs
(WSJ: separate paid subscription required)

McCain doesn't work weekends
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Retirement:

Older workers way off on retirement requirements, survey finds
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Municipalities:

Bad Economy Cancels City's 4th Of July
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Personal Finance:

Many Struggling to Keep Utilities Paid
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Finance:

Low-rated borrowers getting squeezed out of debt markets
(DBN Subscription Required)

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Fraud:

'Man Of Mystery,' Perris Pastor Accused Of Ponzi Schemes
(DBN Subscription Required)

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Hotels:

Hotels pin hopes on business travel
(DBN Subscription Required)

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Discharge:

Second And Seventh Circuits Issue Decisions On Third-Party Releases
(DBN Subscription Required)

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Awards:

Greenberg Traurig Attorney Paul J. Keenan Jr. Elected President-Elect of Bankruptcy Bar Association for the Southern District of Florida
(DBN Subscription Required)

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Jewelry:

Whitehall can tap $22M on DIP
(DBN Subscription Required)

OTC assets sell for $23M
(DBN Subscription Required)

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Newspapers:

Palm Beach Post publisher to cut 300 jobs
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Palm Beach Post's newsroom will be reduced by 40%
(DBN Subscription Required)

The Courant To Make Deep Cuts
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L.A. Times headquarters may be sold
(DBN Subscription Required)

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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)

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Bankruptcy Statistics:

Chapter 11 Filings Increase 34 Percent in First Quarter of 2008
(DBN Subscription Required)

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Credit Cards:

American Express Says Late Card Payments Increasing
(DBN Subscription Required)

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Accounting:

KPMG stung in negligence suit
(DBN Subscription Required)

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Aviation:

AMR cutting more service at US, Colombia airports
(DBN Subscription Required)

Frontier to slash 17% of its flights
(DBN Subscription Required)

Midwest Airlines to slash fleet, jobs
(DBN Subscription Required)

Boeing shares hit after Goldman's sell call
(DBN Subscription Required)

Safety Pushes Stall at the FAA
(WSJ: separate paid subscription required)

For mileage programs, the worst is yet to come
(DBN Subscription Required)

Bankruptcy and other airline services
(DBN Subscription Required)

Yeager Could Be Facing Hard Times
(DBN Subscription Required)

Airline Stocks Could Triple If Oil Settles
(DBN Subscription Required)

Alitalia Plan to Be Presented 'Soon'
(DBN Subscription Required)

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Private Equity:

Buffet: Competitors are "porn shop"
(DBN Subscription Required)

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Wall Street:

US Stock Futures Drop
(DBN Subscription Required)

UK Stocks Decline
(DBN Subscription Required)

Asian Stocks Rise
(DBN Subscription Required)

Did Bear Fool the Street, Too?
(DBN Subscription Required)

Smith Barney's 'Golden Handcuffs' Incentive Plan Gets Court's Blessing
(DBN Subscription Required)

Rejected Wall Street Pin-Stripe Kids Enrich City Public Schools
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Wall Street Sold Auction-Rate to Investors as It Warned Issuers
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Second-Quarter Profits: Grief or Relief?
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Ticketing:

Federal court fines RMG $18M in Ticketmaster case
(DBN Subscription Required)

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Fitness:

Keys wins interim DIP access
(DBN Subscription Required)

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Bankruptcy Reform:

The Fourth Circuit examines the effect of the so-called "hanging paragraph"
(DBN Subscription Required)

6th Circuit: Means Test Does Not Violate U.S. Constitution
(DBN Subscription Required)

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Diet:

TrimSpa distributor files plan to exit bankruptcy
(DBN Subscription Required)

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Furniture:

RoomSource files for bankruptcy
(DBN Subscription Required)

LB Furniture folds
(DBN Subscription Required)

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Tourism:

New Orleans Paddlewheels emerges from Chapter 11 bankruptcy
(DBN Subscription Required)

A Queen Mary deal
(DBN Subscription Required)

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UK:

Court rejects bid to bar press from Kerry Katona bankruptcy hearing
(DBN Subscription Required)

Katona's tax trouble
(DBN Subscription Required)

Angry brides demand answers
(DBN Subscription Required)

BOE's King Says Inflation Will Exceed 4% in 2008
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BoE Won't Rush To Raise Rates
(WSJ: separate paid subscription required)

As bad as it gets: mortgage expert offers ray of hope
(DBN Subscription Required)

Birmingham insolvency expert appointed Chair of R3 Midlands region
(DBN Subscription Required)

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Poland:

Polish workers protest to save Solidarity shipyards
(DBN Subscription Required)

Sejm requests deadline extension for shipyard restructuring
(DBN Subscription Required)

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Indonesia:

Poor parents giving up kids
(DBN Subscription Required)

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South Africa:

SA Times gone bankrupt
(DBN Subscription Required)

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China:

Hong Kong Companies May Shut 20,000 China Plants as Costs Rise
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Australia:

Bond gets permission to search paper's computer
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Canada:

Investors Tell BCE to Skip Dividend Payment
(DBN Subscription Required)

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