Law:

More Non-Equity Partners = Lower PPP
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Bingham Hit With Suit Over Alleged Holiday-Party Drugging
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Bingham Responds to Former Associate's Allegations of Holiday Party Drugging
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Law Firms Seek, Unsuccessfully, to Keep Associate Disputes Private
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Weil Gotshal Adds London Restructuring Partner
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Clifford Chance matches rivals with 4% associate pay-hike
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Food next to go as Clifford Chance tightens belt
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Bankruptcy Attorney Scott Robinson Joins The Fisher Law Group
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Say Hello to Shinyung Oh, Author of the Paul Hastings Farewell Email
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What's the Right Way to Fire an Associate?
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Fired Paul Hastings Associate Talks
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The Upside of the Downturn
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Kramer, Levin Partner Circles the Globe for Fun
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How Rookie Lawyers Can Avoid Big Mistakes
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Harvard Law Makes Faculty Articles Free
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Orrick's Ops Center: One Small Town's Salvation
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'Creative Lawyers' an Oxymoron? Not in James Cooper's World
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Paul Weiss Elects Brad Karp to Chairman Role
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Pension Probe Will Snare 'Hundreds' of Attorneys, N.Y. Attorney General Predicts
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Accused of Padding Timesheets, N.Y. Lawyer Quits Part-Time Job & Law Firm
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Amusing law firm website
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Lawyer sanctioned for "potted plant" rudeness
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Advice for Lawyer Jailbirds from Those Who Have Been There, Done That
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Judges:

Judge's Pre-Retirement Ruling for Firm He Planned To Join Irks Colleagues
(DBN Subscription Required)

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Autos:

Ford turnaround effort gaining traction-CEO
(DBN Subscription Required)

Ford executives welcome Kerkorian investment
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Delphi CEO Steve Miller faced despair while working to save company
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Toyota's Downbeat Forecast
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GM offers $200M to help end strike
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Recording Industry:

Ampex delisted following bankruptcy filing
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Austin Denies Bankruptcy Reports
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Municipalities:

Benicia, AmCan likely to feel effects of Vallejo's bankruptcy
(DBN Subscription Required)

Police, firefighters contracts cited
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Labor unions push for audit of city
(DBN Subscription Required)

Vallejo residents weigh in on bankruptcy vote
(DBN Subscription Required)

Vallejo vows to keep services afloat during bankruptcy proceedings
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Vallejo leaders should have seen crisis coming
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Vallejo: Poster Child of a New Era?
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Student Debt:

Student Loan Landscape Changing
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Federal Pell Grant System Failing to Aid 5.2 Million Low-Income College Students, Study Shows
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First Marblehead swings to quarterly loss
(DBN Subscription Required)

Bankruptcy help for students and their lenders?
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Fraud:

McLean victims may owe millions, trustee claims
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SEC Action Halts $72 Million International Internet Fraud Scheme
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Credit Suisse Depicted As Fraud-Case Victim
(WSJ: separate paid subscription required)

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Bonds:

Restaurant, casino bonds flash warning signals
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Retailing:

The Searing Pain of Eddie Lampert
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PRC wins disclosure statement OK
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Boat Building:

Lobster boat builders pinched as catch drops, economy slows
(DBN Subscription Required)

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Politics:

Bankruptcy may be Rezko's next challenge
(DBN Subscription Required)

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Bankruptcy Crimes:

Waldner's sentencing plodding along
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Real Estate:

Housing aid bills face vetoes by President Bush
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Defying Veto Threat, House Backs Foreclosure Bill
(NYT: separate free registration required)

Mortgage Firms Cool to Principal-Cut Plan
(WSJ: separate paid subscription required)

Some US House GOP Members Split With Bush On Housing Bill
(DBN Subscription Required)

US Senator Criticized For Ties To Mortgage And Real Estate Industries
(DBN Subscription Required)

Americans split on homeowner bailout
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Lenders abusing bankruptcy system, panel told
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Rates on 30-year mortgages dip
(DBN Subscription Required)

Subprime Suits Face Hurdles in the Form of Two Supreme Court Decisions
(DBN Subscription Required)

Empty Homes Spur Cities' Suits
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WCI Communities faces bankruptcy risk - Raymond James
(DBN Subscription Required)

GM, Cerberus May Pledge $750 Million in ResCap Rescue
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Housing Bankruptcy Ripple Effect
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Subprime Legal, Take 2: Is Cuomo's Appraisal Fix Destined for Court?
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Tousa seeks more time for recovery plan
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State Street Subprime Damages May Surpass Reserve
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State Street may face $7.8B in damages over subprime investments
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Realtors say lending practices holding back housing recovery
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Subprime In Sheep's Clothing
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Seattle may help homeowners facing foreclosure
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San Diego Real Estate Slow Down Saga Continues
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New Mortgage-Insurance Details Due
(WSJ: separate paid subscription required)

2 indicted in $44M NYC mortgage fraud
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EnCap files for Chapter 11 bankruptcy protection
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Banks that dealt with Wesley A. Snyder's bankrupt company might have to return payments they received
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Mass Torts:

Study finds asbestos-suit racket booming again
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Trial Lawyers, Inc., Responds To Asbestos report
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Wall Street:

Wal-Mart, Other Retailers Help US Stocks Rebound
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US stock futures drop after AIG's $7.8 billion loss
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Most Europe markets fall after rate decisions
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Asian Stocks Fall Most in 3 Weeks
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The Great Divide: Wall Street vs. Main Street
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Lehman Brothers falls on SEC testimony to Congress
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Economy:

Paulson says $50 bln of stimulus package to be sent out by end of May
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Greenspan says worst of credit crisis over
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Federal economist says U.S. probably in a recession
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Fed auctions $28.77b in Treasurys to ease credit problems
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Oil Hovers at $123
(NYT: separate free registration required)

Economists: No Oil, Food Bubble
(WSJ: separate paid subscription required)

Wholesale Inventories Decline
(WSJ: separate paid subscription required)

The Slump: It's a Guy Thing
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Gambling:

Tropicana: omen or sore thumb?
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Trump, Ameristar report losses amid casino woes
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Trump casinos for sale
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Union pushed; Trop fell
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Theme Parks:

Judge approves Wild West World sale
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Financial Literacy:

How to Recession-Proof Your Kids
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Finance:

Investment-grade borrowers going to town, as issuance surges
(DBN Subscription Required)

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Credit Cards:

Spike in credit card borrowing signals trouble
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Credit card reform overdue
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Aviation:

Air Travelers Need to Pack More Money
(NYT: separate free registration required)

Southwest CEO: Rising fuel prices a big hurdle for airlines
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Hedge Funds:

Probe Into Zwirn Firm Intensifies
(WSJ: separate paid subscription required)

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New Bankruptcy Opinions
(1 new opinion today) 

Bankruptcy Court Web/Pacer Site Directory

Chapter 7, 12 & 13 Private Trustee Locator
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Recent Ch. 11 Filings
(DBN Subscription Required)

Bankruptcy Jobs:

(1), (2), (3), (4), (5), (6), (7), (8), (9), (10), (11)
(DBN Subscription Required)

____________

Banking:

Citigroup may sell $400 billion of non-core assets
(DBN Subscription Required)

Pandit Citigroup Turnaround Plan May Mean Asset Sales
(DBN Subscription Required)

Wachovia reorganizing real estate
(DBN Subscription Required)

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Forest Products:

PALCO: Assume the Position
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Pope & Talbot's Oregon mill to idle
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Pope and Talbot almost history
(DBN Subscription Required)

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Bankruptcy Statistics:

Phoenix bankruptcy filings doubled in April
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Personal Finance:

Hard-hit consumers turn to Amish-run stores, expired goods
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Insurance:

AIG plunges to record loss
(DBN Subscription Required)

AIG's Loss, Need for Cash Add to Pressure on Sullivan
(DBN Subscription Required)

Greenberg Group Sues AIG - The charity chaired by the insurance giant's ex-leader accuses the insurance company of fraudulently representing its credit-default swaps position
(DBN Subscription Required)

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Health Care:

Lights stay on at Jasper hospital, but facility files for bankruptcy
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A serious concern for Hazel Hawkins
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Santa Rosa nutritional supplement startup sold
(DBN Subscription Required)

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Pro Bono:

Federal Reserve Joins Bankruptcy Pro Bono Efforts
(DBN Subscription Required)

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Risk:

After subprime fiasco, risk models may weigh human behavior
(DBN Subscription Required)

______________

Celebs:

Federal judge orders Vick to pay Canadian bank $2.4M on defaulted loan
(DBN Subscription Required)

______________

Tax:

Enesco works around the IRS
(DBN Subscription Required)

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Private Equity:

The changing face of private equity
(DBN Subscription Required)

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Accounting:

Accounting Grads Flood the Job Market
(DBN Subscription Required)

BDO Seidman audits criticized by PCAOB
(DBN Subscription Required)

______________

Corporate Reform:

Marvell Technology to Pay $10 Million Fine Over Backdating
(DBN Subscription Required)

______________

Food/Drink:

Restaurants, leisure businesses may make up next bankruptcy wave
(DBN Subscription Required)

Village Inn parent wins DIP
(DBN Subscription Required)

______________

UK:

Northern Rock investors start legal action
(DBN Subscription Required)

Country Club for auction
(DBN Subscription Required)

Liquidation of Kerry Steel going 'according to plan'
(DBN Subscription Required)

Rock Group goes under
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Repossession action climbs 16%
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Administrators apply for date of Metronet transfer
(DBN Subscription Required)

______________

Canada:

Nanaimo mill earns another 48-hour extension
(DBN Subscription Required)

______________

Spain:

Basque construction company Urazca, has filed for bankruptcy
(DBN Subscription Required)

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China:

Export Slowdown May Cause a Rise in China's Unemployment Rate
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China not immune from U.S. recession, says economist
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Germany:

Allianz profit falls 65% after write-downs
(DBN Subscription Required)

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