Law:
Townsend Cuts Attorneys, Staffers
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Layoff Watch: Townsend and Townsend and (a Smaller) Crew
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V&E Pushes Back First-Year Associates' Start Date
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Vinson & Elkins: Another 'No Layoff" Promise
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Dreams of Biglaw Deferred (Or, The Scene at New Jersey's First Deferred Associates Public Interest Job Fair)
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Newark Mayor: Challenges of the Economy Mean Opportunities for Law Grads
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The Latest and Greatest Nationwide Start Date Round-up
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How Low Could Associate Salaries Go?
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Sure We’ll Cut Associate Salaries, As Long As Someone Else Does First
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Schiff Axes Parties, Cuts Other Costs, But Avoids Layoffs
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For All The Jobless Lawyers
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Notes from the Breadline: Troubled Times Had Come to My Hometown (Or: Should Roxana leave New York?)
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DLA Piper restructures Dubai arm amid late payment claims
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A difficult year at Dewey
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Law Firms to Get $26 Million to Advise Treasury on Auto Industry Plan
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Did Ed Rendell Sell a "Pay to Play" Contingent Fee Contract?
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Simpson Thacher Adds Bankruptcy Partner From White & Case
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Baker & Daniels Adds To Bankruptcy Section
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Australian Law Firm of the Year 2009
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The Balance Sheet Recession
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Did Wachtell Botch the Hexion/Huntsman Litigation? Yep, Says AmLaw
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Attorney's Imagination Prompts Reversal
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Axing Diversity?
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The Shape of BigLaw to Come: Cylinders
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Non-Equity Partner Has Fiduciary Duty to Old Firm, Appeals Court Rules
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Stanford GC's Resignation Offers Lessons
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Fleetwood Mac Drummer Sues Attorney, Firm Over $4.5 Million in Fees
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Firm Faces Disciplinary Action for Disclosures
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Two More Firms Get Off the Bus in Hollywood Hoping for Their Big Break
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Boutique With Foot in Manhattan's Door Says Business Is Booming, Thanks for Asking
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When You're Job Hunting, Sometimes Drastic Times Call For ...
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Pls Hndle Thx: A Tale of Two Cities, Literally
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Counting Lawyers Per Billions in Revenue
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Bar Staffer Stole $675,000 Over 8 Years, Says State AG
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New Scrutiny at Justice Department
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Best and worst law firm freebies
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Firm overrun with vermin
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Firm trainee crowned April Fool 2009
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Alaska Seeks Hatch Act Probe in Stevens Case, Supports Possible Tort Claim
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Yale Law Student’s Recession-Proof Game Plan: Professional Poker
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Judges:
Sandra Day O'Connor Touts Civics Lessons via Games
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Wall Street:
US Stock Futures Advance
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Asia Markets Rally on Japan Stimulus; Europe Gains
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Shares Rebound, but Investors Are Edgy
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SEC OKs effort to limit short sales
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Scapegoating short sellers feels so good
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Nail the Shorts?
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SEC regains control of market ship
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Hedge Fund Lobby Defends ‘Vital’ Short-Selling
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US finance pundit Cramer a 'buffoon' says leading economist
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Buy ‘Cyclical’ Stocks as Worst Is Past, Goldman Sachs Advises
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Trucking:
Ryder slashes outlook; shares tank
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Retailing:
Family Dollar Profit Jumps 33%; Outlook Beats Street View
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Joe's Sports & Outdoor likely to learn its fate Thursday
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Joe's sporting goods can't find buyer, may liquidate
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Retailers Offer a Nice Surprise
(WSJ: separate paid subscription required)
US Online Sales Grew 11% in First Quarter
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Fraud:
SEC Seeks to Block Bid to Force Madoff Bankruptcy
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With Dueling Letters, A Squabble Over Madoff Funds Begins
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Regulators Resist a Move on Madoff
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Madoff Trustee Stakes Claim to Any Funds From Brother
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SEC: US government won't take Madoff money
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Ruth Madoff to contest home seizures
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Madoff’s Legitimate Business to be Sold
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Madoff’s See-No-Evil Advice Didn't Spook Insiders
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Brooklyn Law Student Who Sued Peter Madoff Starts to Look Less Heroic
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Colorado investment manager accused in Ponzi case
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Denver Ponzi-Scam Manager Bought Rembrandts, SEC Says
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Ponzi victims rarely get much back
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Credit Cards:
Rep. Cleaver Co-Sponsors Credit Cardholders’ Bill Of Right
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BofA to Boost Credit-Card Rates
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American Express drops debt-free customer
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Municipalities:
Sacramento County sought bankruptcy advice in February
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Complex Bond Deals Haunt Tenn. Cities, Counties
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Vallejo unions open to mediation
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Big Jumps in Taxes Loom in 10 States
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Banking:
Stress fractures for big banks
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Banks Holding Up in Tests, but May Still Need Aid
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Bank of America Needs $36.6 Billion, Oppenheimer Says
(DBN Subscription Required)
Capital punishment for Capital One?
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Treasury Won't Say If It Has Refused to Allow Banks to Give Back Money
(DBN Subscription Required)
Fed Task Force Seeks Ways to Improve Response to Bank Distress
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Banker of the year goes bye bye?
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The U.S. Banking System's Terrifying Balance Sheet
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FDIC chair: Bank saver by day, children's writer by night
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Derivatives:
Credit-Default Swaps Fall as US Says Insurers May Get Bailout
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Financial Advisors:
Iowa Nuns Sue State Street Bank on Investment Loss
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Theme Parks:
Six Flags' wild ride faces key financial hurdle
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Economy:
Wholesale Inventories Fall by Record as Sales Rise
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U.S. Consumer Spending to Falter After First-Quarter Spurt, Survey Shows
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Just 53% Say Capitalism Better Than Socialism
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Recession to rage on
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U.S. Imagines the Bailout as an Investment Tool
(DBN Subscription Required)
Treasury Extends CPP To Life Insurers
(DBN Subscription Required)
While small business struggles, Goldman Sachs was protected from its AIG mistakes
(DBN Subscription Required)
Fed Officials Saw Downside Risks Predominating at Last Meeting
(DBN Subscription Required)
Are We Solving the Financial Crisis the Same Way We Got Into It?
(DBN Subscription Required)
State-by-State Job Creation Due to Stimulus Plan
(DBN Subscription Required)
Author who predicted crisis sees inflation ahead
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Bank Set to Keep Rates At Record Low
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Inside the Fed's Trillion-Dollar Decision
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Real Estate:
US mortgage applications up; rates tip higher
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Pulte, Centex Deal Not Seen Sparking Home Builder M&A Spree
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San Francisco Office Rents Fall Most Since 2001
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More skyscraper auctions ahead
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Housing Slump Hits Manhattan
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CMBS Outlook Finds Conditions Are Bad and Getting Worse for Office, Retail and Hotel Sectors
(DBN Subscription Required)
'One-Stop Shops' Fuel Foreclosures, Fraud Allegations
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"Straw buyer" indictment hits Southern District
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Stop paying rent for the poor. Buy them homes instead.
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______________
Autos:
Administration sends auto advisers to Detroit
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GM's Possible Bankruptcy : Shopping for a Venue
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When Ford Went Its Own Way
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$6-billion loan may not cut it for Chrysler
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Chrysler Exec Says Automaker Could Survive Bankruptcy
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Chrysler and Its Bankers in a Standoff
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Chrysler working around the clock on Fiat alliance
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Chrysler president: 30 days enough for Fiat deal
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Fiat CEO again in U.S. for Chrysler talks
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Fiat may take empty Chrysler plant
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Fiat Faces $500M Bill To Retool Chrysler Plant - Consultant
(WSJ: separate paid subscription required)
Why Hand Chrysler To Fiat?
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Chrysler-UAW Negotiations on Retiree Health Fund Gain Urgency
(DBN Subscription Required)
Ford: Automaker has no interest in Chrysler brands
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Having A Wake At The Car Show
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Three bidders left in Hummer auction
(DBN Subscription Required)
US Treasury Begins Aid Programs for Auto Suppliers
(DBN Subscription Required)
Ford Plans Supplier Aid to Curb GM, Chrysler Bankruptcy Fallout
(DBN Subscription Required)
GM, Chrysler Source $3.5 Billion From Supplier Aid Program
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Judge clears Contech asset sale
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GM Pension Vow May Be ‘Garbage’ as $16 Billion Is Threatened
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How to get auto sales in gear again
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Apartheid Claims Against Ford, GM, Others, to Go Forward
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Exec says Toyota prepared for GM bankruptcy
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No direct aid for auto parts makers, says Ontario
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Ottawa expected to backstop auto warranties.
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Karmann, Maker of Mercedes Models, Files Bankruptcy
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GM's European sites under the gun
(DBN Subscription Required)
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Bankruptcy Settlements:
Pre-Plan Settlements May Reorder Priorities
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______________
Layoffs:
Deere Lays Off 160 Workers in Iowa as Demand Declines
(DBN Subscription Required)
A New Livelihood Selling Frankfurters
(DBN Subscription Required)
Fox to Make Layoffs A Reality TV Show
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On the Job, but on the Lookout for Work
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Salary Cuts: Ugly, But Could Be Worse
(DBN Subscription Required)
People Are Resorting to Cosmetic Surgery to Find Work
(DBN Subscription Required)
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Executive Compensation:
How much it costs a company to provide its senior executives with a car and driver
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Executive Compensation Chart for 2008
(DBN Subscription Required)
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Personal Finance:
Coping With Financial Stress
(DBN Subscription Required)
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Gambling:
Vegas trophy project becomes symbol of trouble
(DBN Subscription Required)
State regulators gear up for casino bankruptcies
(DBN Subscription Required)
______________
Tourism:
Hawaii, suffering steep tourism drop, appeals to Obama
(DBN Subscription Required)
______________
Insurance:
Questions Over Bailout for Insurers
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Insurers Banking On Help From Federal TARP Lifeline
(DBN Subscription Required)
Does AIG Need to Pay Its Counterparties in Full?
(DBN Subscription Required)
______________
Finance:
Jump-Starting Securitization
(DBN Subscription Required)
______________
Accounting:
FDIC and the magical accountant
(DBN Subscription Required)
KPMG US denies $1bn lawsuit claim
(DBN Subscription Required)
______________
RVs:
Fleetwood to sell trailer units
(DBN Subscription Required)
Country Coach to lay off 460, slim down business model
(DBN Subscription Required)
______________
Aviation:
U.S. airlines may cancel more aircraft orders
(DBN Subscription Required)
'Stronger Air Canada' - without plans for bankruptcy
(DBN Subscription Required)
Japan Airlines close to deal on Y200bn rescue
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Goldman: Civil aerospace downturn may be "more severe"
(DBN Subscription Required)
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Distressed Investing:
Vulture investors are looking for prey
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Patriarch rules distressed deals
(DBN Subscription Required)
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Food/Drink:
Fatburger units look to shed leases
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Pensions:
Should Public Pension Plans Go Toxic?
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______________
Politics:
Firms Reap Seeds of Lobbying
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New Bankruptcy Opinions
(1 new opinion 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)
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Bankruptcy Reform:
Text Of Legislation To Repeal Certain Of BAPCPA's Business Bankruptcy Changes Affecting Retailers Now Available
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Newspapers:
Boston Globe loses $85,000,000 a year
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Boston Globe Surprised by Size of Demand for Cuts
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Newspaper Publishers Skirt Pay Questions
(DBN Subscription Required)
Philadelphia 'Inquirer' Advanced Lawyers $700K
(DBN Subscription Required)
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Oil/Gas:
Biz partner wants Crusader bankruptcy moved to Oklahoma
(DBN Subscription Required)
SemGroup foes spar in court
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SGLP wins waiver on banking agreement
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Natural gas is a mess and North American drillers are getting hammered
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Crude Oil at $50 Is a ‘Good Thing,’ Algeria’s Khelil Tells APS
(DBN Subscription Required)
Oil Rises Above $50 on Signs US Consumption Up
(DBN Subscription Required)
Oil tanker companies may be in trouble if OPEC raises cuts
(DBN Subscription Required)
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Ethanol:
Aventine to refuel with $30M DIP
(DBN Subscription Required)
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Alternative Energy:
LBNL Biofuel Partner Warns of Bankruptcy
(DBN Subscription Required)
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Telecoms:
Nortel Did Seek Federal Bailout Funds in Fall ‘08
(DBN Subscription Required)
Bidders 'plot Nortel break up'
(DBN Subscription Required)
______________
Metals:
Mobile auto shredding plant files for bankruptcy
(DBN Subscription Required)
______________
Bankruptcy Statistics:
Higher Bankruptcy Filings Foreshadow Deeper Pain For Lenders
(WSJ: separate paid subscription required)
Utah bankruptcies soar 56% from a year ago
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Bankruptcies jump 118 percent in states hardest hit by housing debacle
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Photography:
Polaroid Asks Bankruptcy Court to Approve Hilco-Gordon Offer
(DBN Subscription Required)
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Tax:
UBS Client Charged in Tax Probe Gets $12 Million Bail Package
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Average Man's Taxes
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Taxes trip Al Capone
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If you require medical equipment such as a clarinet, you should read this article
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Credit Counseling:
Credit Repair Customers Can't Waive Right to Sue
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Resorts:
Yellowstone Creditors Are Wishin’ And Hopin’
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Ratings:
Moody’s Downgrades Berkshire
(DBN Subscription Required)
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Celebs:
Spector's Legal Troubles Have His Finances at an Ebb Tide
(DBN Subscription Required)
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Hedge Funds:
Hedge Fund Managers With Largest Portfolios Face EU Regulation
(DBN Subscription Required)
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UK:
Bank of England Holds Key Rate Steady
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HSBC to Lend 1 Billion Pounds to Homebuyers With 10% Deposit
(DBN Subscription Required)
UK Conservatives Consider Breaking Up ‘Very Large’ Banks
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King Pressured to Fulfill Bank of England $110 Billion Bond-Buying Pledge
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UK Producer-Price Gains Slow as Recession Persists
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Aon's pension decision will impact across corporate Britain
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JJB Sports rescue plan could help other struggling retailers
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Corporate fundamentals are historically awful
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EU:
Nowotny Says Reducing ECB Benchmark Rate Below 1% Is Open for Discussion
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Canada:
Quebecor World makes deal to emerge from creditor protection
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Former Harmac workers want pension regulation
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Auto fears prompt tightening of pension rules
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Canadian Banks Push to Adopt US Mark-to-Market Rules
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Australia:
Australian Unemployment Jumps to 5-Year High
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Coast is the state's insolvency capital
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Bankruptcy is more than going for broke
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Ireland:
Bankruptcy in England could be attractive option
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Latin America:
South Florida Braces as Recession Hits Latin America
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Japan:
Japan's current-account surplus cut in half
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Japan PM: plan to create 1.4-2 million jobs in 3 years
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Japan Drafts $154.4 Billion Stimulus
(DBN Subscription Required)
‘Pink Slip Party’ Comes to Tokyo Bankers’ Hangout
(DBN Subscription Required)
‘Lehman Shock’ Fuels New Wave of Homeless in Osaka
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Japan Machinery Orders Unexpectedly Up in February
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Germany:
Germany Launches Hypo Bid
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Shareholder Flowers says must study German HRE offer
(DBN Subscription Required)
German Industrial Output Fell for a Sixth Month in February
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Switzerland:
Swiss Unemployment Rises to Two-Year High as Recession Deepens
(DBN Subscription Required)
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Russia:
Russia Bad Loans May Reach $70 Billion, Deepen Crisis
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