Law:
Should Associates Pay Their Law Firms for the Privilege of Working There?
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The Fate of the Billable Hour
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After a Rocky Merger and a Series of High-Level Defections, Firm Tries to Focus on Growth
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"I Am Generally Happy." First-Year Program Paying Off for Atlanta Firm
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Law Firm Websites Lag: Spend More, But Think First, Experts Say
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Summer Associates of the Day: Grand Theft Auto
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No 'Legitimate' Privacy Expectation in Data on Office Computer, Court Says
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Companies Tout Minority Firm List
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10 NY Firms Listed as Best for Women
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Law Firms Make Gains in Ranking of LGBT-Friendly Businesses
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Lawyers of the Day: Brendan Relyea and Michael Pate
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Lawsuit of the Day: The Brotherhood of the Litigation-Inducing Pants
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U.S. Not Currently at War, Boston Federal Judge Rules
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Judges:
Judge Eileen Hollowell of Tucson Appointed to 9th Circuit BAP
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Kent One of Few U.S. Jurists Indicted While on Bench
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An atypical arraignment -- the federal judge as defendant
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Kent Not Spent: Judge to Continue Hearing Cases Pending Indictment
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Wall Street:
US Stock-Index Futures Are Little Changed
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Stocks poised to extend declines
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Tide Turns as Financials Rebound, Commodity Prices Sink
(WSJ: separate paid subscription required)
Lehman shares soar on Korean bank talks
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Nothing Definite Decided On Lehman Stake Buy - KDB
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Lehman Brothers and a Brief History of 'Bad Banks'
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JPM Evaded Subprime, But Not Construction Loans
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Banking:
Regions Jumps After Rescuing Failed Atlanta-Area Bank
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Aviation:
United Air Drops Fee Plan for Overseas Coach Meals
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Frontier outsources mechanical work
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Airline shares rise on lower oil
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Politics:
Palin Disclosures Raise Questions About Lawyers' Vetting Process
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Obama on Fannie Mae
(WSJ: separate paid subscription required)
Trial Lawyers Shift from Edwards to Obama
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Bonds:
Ambac shares jump on regulatory approval
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Health Care:
Medicare bug fells Hawaii hospital
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Century City gets interim DIP
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Corporate Governance:
Chancery Bars Claims Based on Exculpation Clause
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Ryan v. Lyondell: Chancery Denies Interlocutory Appeal
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Real Estate:
Fitch cuts ratings on Fannie Mae, Freddie Mac preferred stock
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Fanning Fears
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China Pulls Back From Fannie, Freddie
(WSJ: separate paid subscription required)
En Route to a Bailout They Don't Deserve
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Fitch Warns on Option ARMs; "High Defaults Await"
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Originations Predicted to Fall 20 Percent Next Year
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Mercury files for Chapter 11 bankruptcy protection
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Boca-based home builder goes under after 45 years
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Woodside to halt some transactions
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Bankruptcy Reform:
Creditor Rights, Risk Aversion, and Justice
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Economy:
Manufacturing shrinks in August, inflation slows
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US July construction spending down 0.6 pct vs 0.3 pct decline expected
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Despite Lower Oil Prices, Little Relief for Consumers
(NYT: separate free registration required)
Credit Manager's Index Falls To 50.7% In August
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Bankruptcy Statistics:
Bankruptcy Filings Reach New High in August
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Bankruptcy filings up in Iowa
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Bankruptcy filings in Western states increase dramatically
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Hedge Funds:
Commodity hedge fund collapses
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Atticus Out $5B in '08
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SageCrest gets extension
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Retailing:
More retail bankruptcies on the way
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Linens 'N Things files plan
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How to Lose Big Bucks in Sheets
(NYT: separate free registration required)
Costco Aug same-store sales rise 9 pct
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Sovereign Debt:
US gov't rating seen safe from GSE dependence -S&P
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Bankruptcy Statistics:
Credit Crunch, Costs Tip More To Bankruptcy
(WSJ: separate paid subscription required)
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Oil/Gas:
SemGroup companies settle feud
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PHS refinery back on block
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Others fulfill SemGroup charity pledges
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Oil sees biggest one-day price drop since 1991
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Predatory Lending:
Keep payday loans as credit option
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Gambling:
Mayor pushes for casino sale
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Layoffs:
NY tightens layoff notice law
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Over 100,000 Jobs Cut in July '08
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Insider Compensation:
Golf club dues, other exec fringe benefits trimmed way back
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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
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Bankruptcy Jobs:
(1), (2), (3), (4), (5), (6), (7), (8), (9), (10)
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The storm is here
(DBN Subscription Required)
Autos:
There's No Free Lunch, Mr. Lutz
(NYT: separate free registration required)
GM hits accelerator on Hummer sale
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Feds discussing carmakers' loan
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Big Three use conventions to win loan support
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Baugher wins use of cash
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Bush may stick it to auto industry one last time
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GE Corporate Lending Leads $110 Million Plan of Reorganization Credit Facility for DURA Automotive
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Corporate Reform:
Ex-Tyco Executives Contest Use of Findings From Internal Probe
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Food/Drink:
Interstate Bakeries tells SEC deal near on end of bankruptcy
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Insurance:
D&O Insurance: The Pollution Exclusion and Securities Claims
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Gustav blows over-and so do concerns about big losses for insurers
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Financial Privacy:
Loss of customer data at BNY Mellon much bigger than first thought
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Mining:
Grupo Mexico Found Guilty of Fraud
(WSJ: separate paid subscription required)
Grupo Mexico Cleared
(NYT: separate free registration required)
Judge says Asarco's parent directors breached duty
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Judgment issued on Asarco LLC v. Americas Mining Corp.
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Ruling could affect Asarco settlement with Washington state
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Jewelry:
Whitehall DIP gets fourth interim OK
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Municipalities:
Jefferson County sewer rate increases possible in new plan; no taxes
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UK:
UK Banks May Have Tapped Central Bank for 200 Billion Pounds
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Credit crunch hangover claims stag do specialist
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Credit crunch yet to hit future growth expectations
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EU:
European Investment, Consumer Spending Drop as Economy Shrinks
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Argentina:
Paris Club, Argentina to work out debt plan
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South Korea:
IMF dismisses fears of second SKorean fiscal crisis
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Canada:
ABCP challengers plan to defend their right to sue
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