Law:

Pillsbury's SonicBlue Case: Still Getting Wackier
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Layoff Watch: Paul Hastings
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Accommodating Lawyer's Vacation Doesn't Justify Inverting Order of Testimony
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Paging White Men in Biglaw
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BigLaw for Dummies
(DBN Subscription Required)

How to Commit Career Suicide
(DBN Subscription Required)

Subprime Legal: SDNY v. EDNY Subprime 'Subway Series' Heats Up
(DBN Subscription Required)

Swearing and 'Snickering' Take Center Stage in Philly Case
(DBN Subscription Required)

How's this for a radical notion: Make law school about lawyering.
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Lawyer of the Day: Ira Schacter
(DBN Subscription Required)

Partner Quits for Chance "to Help My Fellow Attorneys Discover a New Way to Practice Law"
(DBN Subscription Required)

US Attorney Resigns as Bush Administration Exodus Begins
(DBN Subscription Required)

Raid on Polygamist Sect Brings an Army of Attorneys
(DBN Subscription Required)

Lawyer Depression: Chicken or Egg
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China + Contract Law = 'Nightmare for Lawyers'
(DBN Subscription Required)

Class Action Claims Mortgage Lenders Stiff Attorneys In Katrina 'Road Home' Cases
(DBN Subscription Required)

Federal Raid Only Latest Controversy for Special Counsel Scott Bloch
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Lawyer Told to Pay Client $145K; a 'Big Victory,' He Says
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Man Gets 30 Days for Not Paying Legal Bill
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Prominent London Lawyer Killed in Police Shootout
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Economy:

Worker Productivity Increases More Than Forecast
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Jobless Claims Sink but Remain High
(WSJ: separate paid subscription required)

Consumer borrowing unexpectedly surges
(DBN Subscription Required)

White House Economist Confident US Not In Recession
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Americans skeptical of Fed
(DBN Subscription Required)

Oil Rally May Stall Rebound By US Economy, Stocks
(DBN Subscription Required)

US Economy Shows Signs Of Spring
(DBN Subscription Required)

Liquidity, covenants, and refinancings heighten U.S. default risk
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Can the Economy Survive $200-a-Barrel Oil?
(DBN Subscription Required)

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Wall Street:

Stocks Take a Fall Late in the Day
(NYT: separate free registration required)

Futures Point to a Recovery
(WSJ: separate paid subscription required)

Bear: Ace's Revenge
(NYT: separate free registration required)

BlackRock Is Fix-It Firm to Manage Risky Assets of Others in Distress
(NYT: separate free registration required)

Bear Stearns investors drop bid to block buyout
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SEC pushes banks to hold capital protection
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Municipalities:

Vallejo, California Plans to File for Bankruptcy
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Vallejo, California, Residents Foresee Cuts as Bankruptcy Looms
(DBN Subscription Required)

Vallejo Residents Can Expect Higher Taxes
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Vallejo unions hope to get help from state labor groups
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Vallejo Bankruptcy Vote Is Unanimous
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Calif. city OKs bankruptcy filing, debt trades down
(DBN Subscription Required)

Trickle of Cuts Led to Vallejo Declaring Bankruptcy
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Ominous signs in Vallejo
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UBS to Make Good on Bad ARS Investments
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No agreement yet in talks between Jefferson County officials, bond insurers
(DBN Subscription Required)

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Student Debt:

Bush signs law to raise federal loan limits for students
(DBN Subscription Required)

Average Student-Loan Debt Rises 78% in 10 Years
(DBN Subscription Required)

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Finance:

Corporates Go on Borrowing Binge - Companies are hungry for debt
(DBN Subscription Required)

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Newspapers:

What we learned about the Strib's financial misfortunes today
(DBN Subscription Required)

Blackstone/Star Tribune
(DBN Subscription Required)

Will the Strib be the first domino to fall?
(DBN Subscription Required)

Now may be a good time to buy a newspaper
(DBN Subscription Required)

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Derivatives:

Will the credit default swap market unravel?
(DBN Subscription Required)

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Financial Literacy:

Credit Cards for Kids -- if They Can Handle It
(DBN Subscription Required)

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Hedge Funds:

Hedge Funds: Hedge fund managers rebound in April after tough March
(DBN Subscription Required)

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Banking:

Banks tighten lending standards
(DBN Subscription Required)

Thain warns retail banks on subprime
(DBN Subscription Required)

Aozora Bank cuts profit forecast 81%
(DBN Subscription Required)

UBS' Other Problem
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Banks to sell insurance arms as credit crunch bites
(DBN Subscription Required)

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Theme Parks:

Plan: More rides, fun, value
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Alternative Fuels:

Kansas ethanol plant faces foreclosure
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Toys:

Lionel and Neil Young roll down the tracks together
(DBN Subscription Required)

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Bankruptcy Statistics:

Commercial bankruptcies rising
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Layoffs:

Facility Closures and Layoffs (May 4-10)
(DBN Subscription Required)

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Real Estate:

Foreclosure Preemption: Not So Astonishing
(DBN Subscription Required)

Wave of Lawsuits Over Losses Could Hit a Wall
(NYT: separate free registration required)

Pending Sales of Existing Homes in US Decreased 1%
(DBN Subscription Required)

Home sales likely to rise soon
(DBN Subscription Required)

Housing sales plunge 20% as prices slump
(DBN Subscription Required)

More Mortgages Are Underwater
(DBN Subscription Required)

Keeping Families Above Water
(DBN Subscription Required)

Subprime Legal: Judge Rejects Countrywide Settlement over Forgeries
(DBN Subscription Required)

Los Angeles, Miami, and Seattle Foreclosures Again Reach New Foreclosure Highs
(DBN Subscription Required)

Can New York Avoid a Foreclosure Crisis?
(DBN Subscription Required)

Georgia family's loss puts mortgage giant on Congressional hotseat
(DBN Subscription Required)

Pelosi Urges Bush to Work with Congress to Keep People in Their Homes and Stabilize the Housing Market
(DBN Subscription Required)

Bush's Threat Provokes House Skirmish on Housing Bill
(NYT: separate free registration required)

Conflict over housing crisis threatens rescue package
(DBN Subscription Required)

Schumer Blasts "Vulture Mentality" of Servicers
(DBN Subscription Required)

NY Assembly approves 1-year delay in foreclosures
(DBN Subscription Required)

The Housing Crisis Is Over?
(WSJ: separate paid subscription required)

Home-Appraisal Row May End Up in Court
(WSJ: separate paid subscription required)

Prof tells Senate panel about mortgage ills
(DBN Subscription Required)

Chuck Schumer, Self-Appointed Investment Banker
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Judge wants more information on Boise Place investor
(DBN Subscription Required)

Lender says former Boise Tower developer wants the hole back
(DBN Subscription Required)

Around $6 Billion Home Equity Credit Lines Suspended Since January
(DBN Subscription Required)

Details Of Mortgage Lenders Abuse Bared At Senate Hearing
(DBN Subscription Required)

Will taxpayers be on the hook for subprime crisis?
(DBN Subscription Required)

American Housing Rescue and Foreclosure Prevention Act
(DBN Subscription Required)

Empty promises from Countrywide
(DBN Subscription Required)

Regulator: Fannie, Freddie face more risks
(DBN Subscription Required)

Paulson endorses Fannie, Freddie moves
(DBN Subscription Required)

WCI's Net Loss Widens as Florida Home Market Slumps
(DBN Subscription Required)

Report faults loans for foreclosures in Denver
(DBN Subscription Required)

Foreclosure surge hitting renters
(DBN Subscription Required)

Fitch Discusses Performance Drivers of 2006/2007 U.S. Alt-A RMBS
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Builder's developments leave long trail of unhappy buyers
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Debts hamper son of Molasky
(DBN Subscription Required)

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Corporate Reform:

SEC to Share More With Fed About Wall Street Banks
(DBN Subscription Required)

Give us clear role in overseeing i-banks, SEC official tells Congress
(DBN Subscription Required)

The SEC's Role in Credit Crisis
(DBN Subscription Required)

New SEC nominee said to be skeptical about regulation
(DBN Subscription Required)

Investment firm's records subpoenaed - State attorney general requests Capital Investment's finance, property documents
(DBN Subscription Required)

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Aviation:

DayJet lays off 100 workers, scales back expansion plans
(DBN Subscription Required)

Flight attendants oppose United-US Airways talks
(DBN Subscription Required)

United pilots: US Airways merger 'last resort'
(DBN Subscription Required)

Deadlock Remains on Pilots' Seniority
(DBN Subscription Required)

Delta shutting 9 airport VIP lounges
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NWA to hire former chairman as consultant
(DBN Subscription Required)

Delta and Northwest Speak of Need for Merger
(NYT: separate free registration required)

Flight attendants, mechanics say Delta merger will hurt consumers
(DBN Subscription Required)

Nearly 30 percent of flights in March were late or canceled
(DBN Subscription Required)

Airbus Suffers Setback to Recovery Plans
(NYT: separate free registration required)

Maxjet to be reinvented as 'luxury' charter service
(DBN Subscription Required)

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Insider Compensation:

Top paid CEOs
(DBN Subscription Required)

______________

Health Care:

Facing bankruptcy, rural W.Va. hospital to close
(DBN Subscription Required)

Charity care cuts endanger hospitals
(DBN Subscription Required)

The state's other fiscal crisis -- one that puts lives at risk
(DBN Subscription Required)

Another Unintended Consequence of the Foreclosure Crisis
(DBN Subscription Required)

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Immigration:

Bankruptcy filing won't hurt status
(DBN Subscription Required)

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Construction:

Miami firm tapped to run bankrupt Shapes/Arch
(DBN Subscription Required)

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Politics:

What happens to Hillary Clinton's debt when the primaries are over?
(DBN Subscription Required)

Should Obama persuade Hillary to leave the race if he takes over her campaign debt,
(DBN Subscription Required)

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Exemptions:

Dealing with a strained reading of claimed exemptions from a bankruptcy estate
(DBN Subscription Required)

______________

Accounting:

PCAOB slams E&Y audits
(DBN Subscription Required)

______________

Health and Beauty:

Solar Cosmetic seeks DIP
(DBN Subscription Required)

______________

Insurance:

Solvency II has more impact than subprime: S&P
(DBN Subscription Required)

______________

Retailing:

Retailers Report Mixed Results for April
(NYT: separate free registration required)

Sales Bloom, but Questions Remain
(WSJ: separate paid subscription required)

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New Bankruptcy Opinions
(No 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)

____________

Sell your bankruptcy claim to the highest bidder www.T-REXauctions.com Distressed Debt Auctions

Consultants:

Boom in restructuring biz a boon for finance pros
(DBN Subscription Required)

'Global credit crisis' drives FTI Consulting's 1Q profits
(DBN Subscription Required)

______________

Dot-com:

NetWolves gearing up to exit bankruptcy
(DBN Subscription Required)

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Motorcycles:

$6.7 million offered for American IronHorse
(DBN Subscription Required)

______________

Bonds:

MBIA Keeps $1.1 Billion, Raised to Save AAA, at Holding Company
(DBN Subscription Required)

By Year's End, Junk Will Be Sunk
(DBN Subscription Required)

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Relocation:

Court Approves SIRVA's Plan of Reorganization
(DBN Subscription Required)

______________

Personal Finance:

As Filings Soar, so Does Bankruptcy's Personal Toll
(DBN Subscription Required)

______________

Autos:

Chrysler Drives Deeper into Junk
(DBN Subscription Required)

Chrysler's gas promo big on hype, short on innovation
(DBN Subscription Required)

Toyota's Profit Falls More Than Estimated
(DBN Subscription Required)

Magna unlikely to meet deadline
(DBN Subscription Required)

Executive thievery wrecks people's lives
(DBN Subscription Required)

Axle union reps leave talks
(DBN Subscription Required)

______________

Gambling:

Onex Offers Financing to Tropicana
(WSJ: separate paid subscription required)

Tropicana bankruptcy turning into battle royale
(DBN Subscription Required)

Tropicana noteholders want Ch. 11 trustee
(DBN Subscription Required)

______________

Mass Torts:

Asbestos has long filled W. Va. courtrooms
(DBN Subscription Required)

ACandS wins confirmation
(DBN Subscription Required)

Report Slams Tactics by Plaintiffs Lawyers in Asbestos Cases
(DBN Subscription Required)

______________

Funeral Services:

Final Resting Place?
(DBN Subscription Required)

______________

Plastics:

Hilex Poly takes fast track
(DBN Subscription Required)

______________

Credit Cards:

CompuCredit's Charge-offs Climb 105% in 1st Quarter
(DBN Subscription Required)

Young Adults Deeper in Card Debt
(DBN Subscription Required)

Young Adults Spend 21 Cents Per Dollar on Debt
(DBN Subscription Required)

_____________

Publishing:

Ziff disclosure statement OK'd
(DBN Subscription Required)

______________

M&A:

Banks get split decision in Clear Channel case
(DBN Subscription Required)

A look at how some would-be buyout targets are faring now that the deals have collapsed
(NYT: separate free registration required)

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Fraud:

Fiber-optics scandal grows
(DBN Subscription Required)

Former Grand Rapids financial adviser sentenced to prison
(DBN Subscription Required)

9 more mortgage holders sue ex-broker over scam
(DBN Subscription Required)

Gold-Quest Is A Ponzi Scam, SEC Says
(DBN Subscription Required)

______________

UK:

More work for CAB as big credit crunch begins to hit home
(DBN Subscription Required)

Kerry Katona's rep attends court over bankruptcy threat
(DBN Subscription Required)

Manchester United's debt analyzed
(DBN Subscription Required)

Business Owners Risking Homes Because of Lending Cutbacks
(DBN Subscription Required)

TorrentSpy ordered to pay $110m
(DBN Subscription Required)

My credit card debts soared to £45000
(DBN Subscription Required)

Insolvency stats miss full scale of debt, claim practitioners
(DBN Subscription Required)

Surge Of Defaults This Year Already Exceeds Last Two Full-Year Totals
(DBN Subscription Required)

______________

Canada:

Mackenzie in shock over mill closure
(DBN Subscription Required)

Court considers arguments to extend financing deadline for Pope and Talbot
(DBN Subscription Required)

48 hours for harmac
(DBN Subscription Required)

BC forests minister is not optimistic
(DBN Subscription Required)

Battle lines drawn at MI Developments
(DBN Subscription Required)

Few glimmers of hope for beleaguered forest industry
(DBN Subscription Required)

______________

Germany:

Law firm warns hedge funds to batten down the hatches in Germany
(DBN Subscription Required)

Fin Min: Subprime Crisis To Hit German Econ,But No Recession
(DBN Subscription Required)

______________

Australia:

Centro wins breathing space to finalize debt deal
(DBN Subscription Required)

______________

EU:

Germany and France urge evasion tax blacklist review
(DBN Subscription Required)

European Banks Stand Pat on Rates
(NYT: separate free registration required)

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