Law:
Mayer Brown hire boosts Orrick bankruptcy focus
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Start Date Watch: Sonnenschein
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No Offer Watch: Stroock Strikes
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Kerkorian Lawyer Is Found Guilty of Wiretapping Billionaire's Former Wife
(DBN Subscription Required)
Terry Christensen, Pellicano Convicted on Wiretapping Charges
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Lawyer of the Day: Terry Christensen
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What's Your Time Horizon?
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Partners Moving On in Slow Motion
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Congratulations! You're a Partner . . . Now Pack Your Bags
(DBN Subscription Required)
The Crux of the Matter Is Lawyers, Not the Law
(NYT: separate free registration required)
Federal Court Statistics, or: How Numbers Can Drive You Mad
(DBN Subscription Required)
Report Will Conclude Alberto Gonzales Mishandled Wiretap Notes
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Live from Gustav: Ernie the Twittering Attorney
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Law Firm Uses Technology to Operate During Hurricane Gustav
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Lawyers Slow to Adopt Cutting-Edge Technology
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Judges:
Will Federal Judge's Behavior Shift Line Between Judicial Freedom and Misconduct?
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Judge's Indictment Raises Questions About Discipline Process
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Buckley Satire Throws the Book at the High Court
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Update: Judge Kent Indicted on Sex Charges
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Despite legal troubles, Kent has no plans to leave bench
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A Cover-Up in the Judge Kent Case?
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Autos:
Delphi revising plan to emerge from bankruptcy
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KeyBank sues D & R for $9 million
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A Detroit Bailout Is Unwise
(WSJ: separate paid subscription required)
Court approves Ford VEBA fund
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Delphi plays with creditors?
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New Procedure For Car Cramdowns? Southern District of California Bankruptcy Court
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Chrysler's Longtime GC to Retire, Replacement Named
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Retailing:
Linens 'n Things Files Reorganization Plan to Give Company to Creditors
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Wall Street:
Stocks in Europe, US Futures Gain
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US Stocks at 25.8 Times Profit Means Rally May End
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Retail investors in US equities hits low
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Stocks Waffle, Then Dip Fri. on Spending News
(NYT: separate free registration required)
Stocks Decline in Europe, Asia, Brazil Retailers Slump
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Wall Street enters month of peril with outlook clouded
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Is Lehman Brothers actually falling apart?
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KDB Still Looking At Lehman
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Korea Development's Min Confirms Talks With LehmaN
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Why a drop in demand could end Lehman
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More firings at Lehman, but not enough
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Lehman Plans to Dump Some Loans
(WSJ: separate paid subscription required)
The Hidden Cost of Lehman's Neuberger
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Municipalities:
Gov. Riley Strikes Deal With Jefferson Investors
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Reprieve for a County Near Bankruptcy
(NYT: separate free registration required)
Jefferson County creditors plan to respond this week to county's latest sewer-debt proposal
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Riley: Progress on Bond Crisis Negotiations
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Wall Street takes county to woodshed
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Hush-hush ways of city manager
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Vallejo Bankruptcy Ruling Imminent
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Half Moon Bay loses last chance for state aid
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Resorts:
Bankruptcy referee wants to sell Double JJ quickly
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Personal Bankruptcy:
Overspending Main Cause of Bankruptcies
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Oil/Gas:
SemGroup Energy seeks more court protection
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Ky. refinery to be sold at auction
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Credit Cards:
Credit Card Companies Bullied Mythbusters
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Booksellers:
US judge dismisses SSG bankruptcy
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Appeals:
Bankruptcy judge joins appellate panel
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Distressed Investing:
Fund to buy distressed mortgages gets backing
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Distressed investing zeroes in on banks' leveraged loan portfolios -- for now
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Corporate Governance:
CFO turnover hits a record high
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Labor:
Employees increasingly squeezed - and stuck
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Corporate Reform:
Criminal Charges Dropped Against KLA Executive in Backdating Case
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S.E.C. hits shallow ground with a light fine in fraud case
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KPMG, corporate prosecutions and white-collar justice
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Blame Game: A Jury Tackles CFO-CEO Fraud
(DBN Subscription Required)
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Real Estate:
Foreclosures get worse for prime loans
(NYT: separate free registration required)
Foolish underwriting standards were not restricted to subprime mortgage loans - 'You Could Write Down Anything'
(NYT: separate free registration required)
Fannie-Freddie doubts grow
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Fannie, Freddie Slip After Key Gains
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Treasury's Paulson Struggles With the Mortgage Crisis
(WSJ: separate paid subscription required)
Bank of China flees Fannie-Freddie
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Banks seek preferential treatment for their Fannie, Freddie preferred
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It's time to rethink role of Fannie Mae and Freddie Mac
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Manhattan shows first cracks
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Lehman Has Plan for Real-Estate Loans
(WSJ: separate paid subscription required)
Parent of shuttered United Title of Texas files for bankruptcy
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WCI needs nod on $150M DIP
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Bankruptcy trustee will probe Park project for fraud
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Resolving the Foreclosure Crisis: Mortgage Modification in Bankruptcy
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Reset loans add to home woes
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Action Against Mortgage Broker Proceeds
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Fitch Warns on Fidelity National, Downgrades Other Title Insurers
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Legacy National pressures Lynnkorn
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Bankruptcy Reform:
Is Bankruptcy Reform Around the Corner?
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Systemic Risk, Business Risk and Bankruptcy
(DBN Subscription Required)
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Economy:
Consumer Spending in U.S. Slowed in July as Prices Rose Most in 17 Years
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Fed's Hoenig Says Institutions Must Be Allowed to 'Fail'
(DBN Subscription Required)
Business Activity Expands at the Fastest Pace in Year, Chicago Index Shows
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Oil down sharply as Gustav seen weakening
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Workers Happy To Have Jobs, But Unhappy In Them
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Oil nears $100
(DBN Subscription Required)
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Health Care:
Hawaii Medical Center Files for Bankruptcy After Loan Request Turned Down
(DBN Subscription Required)
Oahu hospital operator files for Chapter 11 bankruptcy
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Sister Agnelle Ching, CEO of St. Francis Response to Bankruptcy
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Clinica to buy Sequoia assets
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Pontiac General gets DIP nod
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Textiles:
Quaker Fabric wins confirmation
(DBN Subscription Required)
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Politics:
Ex-Obama Fundraiser Tony Rezko Is Declared Bankrupt, Owes $23.1 Million
(DBN Subscription Required)
Is History Siding With Obama's Economic Plan?
(NYT: separate free registration required)
Obama's Questionable Stimulus Plan
(NYT: separate free registration required)
Private equity and hedge funds work both sides of the aisle
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Biden selection could be bad news for credit-card issuers
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Governor Palin and Delaware Corporate Law
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Biden's Ties to Trial Lawyers
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Republican Veep Nominee Is No Stranger to Legal Conflict
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Bankruptcy Statistics:
Alabama bankruptcies continue to climb
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Regulators:
Regulators and industry spar over meaning of "swap"
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Celebs:
Michael Vick says he plans to play in NFL again
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Music Industry:
Sale Of Death Row Records On Hold
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Hotels:
Hotel Developer Lands in Red Ink, Despite Boldface Names
(NYT: separate free registration required)
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Hedge Funds:
Running a hedge fund loses its allure
(DBN Subscription Required)
Atticus Capital said to have lost $5 billion on financials
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Hedge funds face struggle for survival
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Hedgies pulling the plug on their funds
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Successor Liability:
Exit Stage Left?: Purchasers of Simplicity's Assets Hope (Against Hope?) to Avoid Successor Product Liability Claims in Simplicity Bassinet Recall
(DBN Subscription Required)
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Telecoms:
The CLEC Experiment: Anatomy of a Meltdown
(DBN Subscription Required)
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Insurance:
D&O Insurance: Consequences of Withheld Settlement Consent
(DBN Subscription Required)
Gustav caused $4 bln-$10 bln insured loss
(DBN Subscription Required)
Debate Gaining Strength Over Government's Insurance Role
(WSJ: separate paid subscription required)
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Alternative Fuels:
Fresh equity revives Nebraska biodiesel plant
(DBN Subscription Required)
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Committees:
Upcoming DE Organizational Meetings
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M&A:
After a busted buyout, Gilat wants its $47M breakup fee
(DBN Subscription Required)
When Cerberus bought GMAC, it was flying high, but soaring gas prices, a stumbling economy and a troubled housing market are threatening the firm's image as a master of tricky bailouts
(DBN Subscription Required)
Jones Day expects private equity deal volume to outpace expectations in the second half of 2008
(DBN Subscription Required)
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Plastics:
Portola files prepackaged Ch. 11
(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)
(DBN Subscription Required)
_____________
Mining:
Grupo Mexico Says Judge Rules No Fraud Committed in Asarco Sale
(DBN Subscription Required)
The Opinion (very large download)
(DBN Subscription Required)
Asarco's Mexican parent files plan
(DBN Subscription Required)
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Banking:
Another bank fails
(DBN Subscription Required)
Banks pounce on weak borrowers
(DBN Subscription Required)
CEO downplays Wachovia's woes
(DBN Subscription Required)
Wachovia to sell noncore assets?
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Commercial banks prepare, reluctantly, to take centre stage.
(DBN Subscription Required)
Real Estate Lender Is 10th Bank to Fail This Year
(NYT: separate free registration required)
Goldman Buying Assets of Top Puerto Rican Bank
(NYT: separate free registration required)
Commerzbank to axe 9000 jobs
(DBN Subscription Required)
Iraq Bonds Safer Than Ohio Bank Debt Stung by Subprime Losses, Yields Show
(DBN Subscription Required)
The Bank Account That Sprang a Leak
(NYT: separate free registration required)
Every dollar counts as Citigroup turns Scrooge
(DBN Subscription Required)
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Aviation:
No autopilot for Delta CEO on merger, fuel costs
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Frontier to Shed Five Gates, 2 Counters
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Unions team up to press American Airlines
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For Airlines, No End in Sight to Fuel Cost Struggles
(NYT: separate free registration required)
Alitalia seeks bankruptcy protection
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Offer made for Alitalia assets
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Alitalia break-up looms as it seeks bankruptcy protection
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Maverick from Mantua climbing aboard at Alitalia
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Air France, Morgan may invest in 'new' Alitalia
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Alitalia cash to dwindle to 30-50 mln by Sept-end
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Unions talk tough going into Alitalia meeting
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Zoom bankruptcy highlights risks to airline customers
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Collapsed Airline Zoom Claims Debts Were No More Than GBP25m
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Zoom Airlines bankruptcy unlikely to be contagious
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From Zoom to Gloom, which budget carrier will be next?
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Zoom Airlines owes creditors $121.9 million
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Lender balks at delays; Grob declares insolvency
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Kremlin props up AirUnion with 24000t of fuel
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Russian passengers stuck at Siberian airports over cash crisis
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Imploding airline could strand thousands of Israelis
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Rating Agencies:
The subprime fiasco has put corporate credit-ratings on thin ice
(DBN Subscription Required)
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Trucking:
Jim Palmer Trucking wins cash use
(DBN Subscription Required)
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Convenience Stores:
Judge dismisses Horizon case
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Hotels:
Hotel Developer Lands in Red Ink, Despite Boldface Names
(NYT: separate free registration required)
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Bankruptcy Litigation:
New Article Examines Whether Wire Transfers Can Immunize Payments To Shareholders In LBOs
(DBN Subscription Required)
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Senior Debt:
Debt-laden retirees at mercy of economy
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UK:
U.K. Economic Slowdown 'Worst in 60 Years'
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UK government plans housing market rescue
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UK close to recession, says OECD
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Consumers look to personal loans
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Bonds rise in thin volumes on UK growth woes
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U.K. Interbank Lending Declines 68% as BOE Measures Fail to Revive Markets
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Mortgage Approvals in U.K. Drop to Nine-Year Low; Manufacturing Contracts
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UK Consumers Face Hope Despite Increasing Risk of a Looming Financial Holocaust to Come
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'Health Crunch' Faced By 11 Million Brits'
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Scotland's largest independent laundry and dry cleaning business goes into administration
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EU:
What Happened In Europe?
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Japan:
Japan's Regional Banks Dodge Subprime, Face Bad-Loans
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New Zealand:
What becomes of the broke?
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Spain:
Spanish Retail Sales Decline for Eighth Month as Economic 'Crisis' Deepens
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Spain's Colonial posts 2.38 billion euro loss
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S. Korea:
S.Korea warns of stern measures over won decline
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Argentina:
Kirchners Losing Argentina in Slump Leading to Default Crisis
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Canada:
Time for the insolvency bar to get artsy
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