Law:

BigLaw Firm Loses Key Bankruptcy Partner
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Partners to Deliver Reality Check to Gen Y Lawyers in Tough Pay Round
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'In reality junior lawyers are vastly overpaid'
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Overseas Pay Raise Watch: London
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Surprise rise in 2008 UK salary reviews
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Skadden, Wachtell Top AmLaw 100
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More Big-Tex Firms Land on Elite Deal List
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Winds of Change Blow The Legal Profession
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Law Firms Will Have to Work Harder for Hefty Profits, Competitor Predicts
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Big Shake-Up at BigLaw Firm as Boss's Right-Hand Man Quits
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When All Efforts Fail to Retain Associates, Unintentional Biases May Be at Work
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It's Law Day!
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Happy Law Day! Now Go Out and Sue Somebody
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New Derivative Case Against Brocade Directors Accuses Wilson Sonsini of Malpractice
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Beware of "Just Following Orders"
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From Making the Cases to Challenging Them
(NYT: separate free registration required)

Most GCs Happy With Their Work, Despite Changing Roles
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Allen & Overy boss falls victim to email scam
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Securities Class Action Expert Witness Pleads to Perjury
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Scruggs catches a break
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K&L Gates and Kennedy Covington in Merger Talks
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Scalia and Garner: You Are What You Wear
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BigLaw Firm Snatches Sixth Lawyer From Rival in Recent Months
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AP sues for papers on W. Va. chief justice
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Supremely Relieved: High Court's Ruling KO's Suit Against MegaFirm
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Calif. Appeals Court: Lawyer's Ad Not Defamatory
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Sunken Treasure Could Be Golden for Law Firms
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MoFo Invests in Diversity Manager
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Lawyer Donates $15 Million to His Law School
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Card-Counting BigLaw Litigator Inspired Character in Film
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Lawyer admits stealing money
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If You Feed Them, They Will Come
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Giuliani's Next Campaign: Appellate Limelight
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'D.C. Madam' Kills Herself in Fla. Coastal Town
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Lavatory outrage
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Debtor Audits:

Audit: Nearly One-Third of Bankruptcy Cases Had at Least One Material Misstatement
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Economy:

Dollar Rises to Five-Week High on Bets Fed May Halt Rate Cuts
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Fed Expands Credit Efforts
(WSJ: separate paid subscription required)

Why Consumers Should Cheer if the Fed Stops Cutting Rates
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For a 4th Month, Shoppers Curtail the Desire to Spend
(NYT: separate free registration required)

U.S. manufacturing sector contracts for 3rd straight month
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Economists predict employers will cut jobs again
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U.S. weekly jobless claims rise as job picture worsens
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Bernanke-Geithner `Rogue Operation' Spurs Further Bailout Calls
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People aren't buying more - they're just paying more
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The Vanishing American Dream
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Retailing:

Home Depot to close 15 underperforming US stores
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Retailers hope sales stimulate you to spend your tax rebate
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Big Retailers Scaling Back Expansion Plans and Shutting Stores
(NYT: separate free registration required)

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Tech:

Sun Falls; Loss, Job Cuts Raise Concern on Turnaround
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Food/Drink:

Burger King profit jumps 21%
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Morality:

Is Bankruptcy Part of the "Game"?
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Forest Products:

Harvard endowment wants to take over bankrupt Pacific Lumber
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Deal struck by Palco, Mendocino Redwood
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PALCO abandons reorganization plan to back MRC
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Maxxam OKs restructuring for 6 bankrupt subsidiaries
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Billionaires fighting for control of timber giant
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Reserving the redwoods
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Pope & Talbot sale misses deadline
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Politics:

McCain, Clinton are out of touch
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Bankruptcy attorneys rally for Obama
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Bankruptcy experts: McCain the best for distressed companies
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Sonnenschein Lawyer/Superdelegate Switches to Obama
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Lawyer of the Day: Tony Zirkle
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Real Estate:

Bank of America May Not Guarantee Countrywide's Debt
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DenMark Homes goes into bankruptcy
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The Mortgage Meltdown's Dirty Secret
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The Coming Rental Crisis
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Bailout: Determining Who Rides the Lifeboat
(NYT: separate free registration required)

Tillim creditors want case dismissal
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Treasury Defends Housing Steps
(WSJ: separate paid subscription required)

House Panel Approves Bill to Assist Borrowers
(NYT: separate free registration required)

Class Claims Wells Fargo Forecloses Illegally
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Class Says KB Home Takes Illegal Kickbacks
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Another Full Year Of Housing Pain?
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Autos:

Auto Sales Remain Weak; GM Posts 16% Drop
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GM Suffers a Broken Axle
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Axle's new proposal gives hope
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Detroit's auto woes clearer to outsiders
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Kerkorian aide says Ford should sell Volvo, Mercury
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April auto sales slump, truck sales plunge
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April Sales Show Shift to Smaller Cars
(NYT: separate free registration required)

Some of Plastech's customers will finance is bankruptcy through August
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Plastech financing gets approval
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Ghosn Hits the Accelerator
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As Auto Delinquencies Rise, Consultant Urges Lenders to Rethink Collections
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Bankruptcy Statistics:

Georgia still No. 2 in rate of personal bankruptcies
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Filings rise in Toledo area to highest in over 2 years
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Corporate Reform:

Banc of America unit paying $6M in SEC settlement
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Conn AG credit probe covers Berkshire Hathaway
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CFTC Charges Sentinel With Fraud
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Swiss exchange fines SocGen for violation of trading rules
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Interpublic settles bookkeeping charges brought by SEC
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SEC Fines McCann-Erickson $12 Million
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Credit Cards:

Regulators zero in on credit card reform
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Education:

2 firms cite legal woes for bankruptcy filing
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Publishing:

Quebecor World to Cut Jobs in Connecticut, Ontario
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Hotels:

Owner of downtown Orlando hotel files for Chapter 11
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Furniture:

Focus on upscale direct sales was costly for Home Interiors & Gifts
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Health Care:

Warren: Battered by Health Insurance
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CA budget crisis threatens health care
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$1.5 million keeps Cascadia open -- for now
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Cascadia's financial crisis hits clients hard
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Cash saves Cascadia until next payday, but problems remain
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Fitness:

Ultimate Fitness hearing postponed
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Banking:

Global banking regulation shake up needed to prevent second credit crises
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Fed Discount-Window Lending to Banks Rises 8% to $11.6 Billion
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B0fA: Credit crunch? What credit crunch?
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Dutch Bank Funded U.S. Tax Shelters
(WSJ: separate paid subscription required)

Another class-action lawsuit filed against Citigroup
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Fishing:

Federal agency declares West Coast salmon fisheries disaster
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Chapter 15:

Judge rejects Basis Yield Alpha
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Religion:

Bishop: Balance needed when deciding liability claims in civil cases
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Accounting:

FASB, IASB speed up plan for convergence
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FASB on Subprime: "We Warned You"
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E&Y Mortgage Audits Faulted by PCAOB
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Did CFO's Tax Scheme Drive HR Firm Under?
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Celebs:

Baseball star Canseco loses home to foreclosure
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Jose Canseco: Walking Away from His Mortgage 'Not Difficult Emotionally'
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New Bankruptcy Opinions
(2 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)
(DBN Subscription Required)

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Aviation:

Airlines face bankruptcy, greatest peril since '01
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In hearing, Northwest execs underline the uselessness of NWA's promises to state
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What's value of Delta-NWA merger? It depends
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Saltchuk Gets GMAC Approval to Acquire Aloha Cargo
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Aloha Airlines to resume cargo operations tonight
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Aloha Airlines' bankruptcy almost threatens love of Hawaii
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Frontier execs take pay cut
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American Airlines pilots seek to speed contract talks
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Eos: failure due to investor withdrawal
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Finance:

Libor Frustrates Central Banks
(WSJ: separate paid subscription required)

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Wall Street:

Economic Clouds? Wall Street Sees Signs of Sunshine
(NYT: separate free registration required)

Investment firms pull back on Fed borrowing
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Stock futures little changed ahead of jobs report
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Personal Finance:

Food inflation hits families hard
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Surging food, fuel prices push some Americans to brink
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Pest Control:

Rentokil Profit Plunges 79%
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HVAC:

Fedders to sell business
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Telecoms:

Iridium on the up-and-up as sales grow by 41 per cent
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Bonds:

Ensuring the insurer
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M&A:

Credit crunch slowing middle-market deals
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Construction:

Clark gets more time
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Utilities:

Willow Creek set to sell assets
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For Calpine Stakeholders, Plan Participation Was Key
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Mining:

Tangled Webs of Copper Meet in Bankruptcy Court
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Layoffs:

Quebecor sheds 700 jobs
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Photography:

PSI plan pictures debt payoff
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Chapter 13:

Five Year Plan a Must For Small Business in 9th Circuit
(DBN Subscription Required)

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Motorcycles:

AIM receives its stalking horse
(DBN Subscription Required)

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Municipalities:

Lawsuit against Birmingham Mayor Larry Langford may help define powers of Securities and Exchange Commission - Lawyers say agency overreaching authority
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UK:

Insolvencies rise in first quarter
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Lax British bankruptcy rules worsen credit crunch
(DBN Subscription Required)

Banks told to tighten lending rules
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Insolvency Stats 1st Quarter 2008
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Italy:

Parmalat Reaches Settlement In US Class Action
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Parmalat Settles US Class Action With 10.5 Million Shares
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Parmalat Begins Key Court Battle Against Citigroup
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Do the Rich Pay Taxes? Italy Tells All
(NYT: separate free registration required)

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Canada:

Bad news just getting worse
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More layoffs hit BC forest industry
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No bailout for irresponsible financial institutions, says Bank of Canada governor
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Australia:

'Big Dry' hits Australian farmers
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Mexico:

Mexico's fast-growing banks appear unusually unaffected by the financial crisis north of the border
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