Law:
Thelen Says It Can't Pay Laid-Off Workers
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Just How Much Do Law Firm Layoffs Save?
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Labor Reports Legal Section Jettisoned 1,300 Jobs in January
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Despite All the Law Firm Cuts, New Partners Continue to Appear
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Hinshaw & Culbertson Lays Off 11 Lawyers, 17 Staffers
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Law Firm Layoffs Could Bring More Suits and ‘Salacious Allegations’
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Crowell & Moring Reports Double-Digit Growth in 2008 Revenue and Profits
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Latham Profits Drop 21 Percent, Off $470K Per Partner
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Gibson Dunn: Gross Revenue Up, Profits Per Partner Down, No Layoffs in Sight
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If the Compensation Cap Fits . . .
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More Straight Talk From John Quinn
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Layoffs: What Partners Think
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Can Execs On Trial in 2009 Get Impartial Jurors?
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Crunching Numbers: Impact of Upcoming Layoffs at MegaFirm Becomes Clearer
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Mid-Sized Firm Sees Revenues Drop Nearly 9 Percent
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The Manhattan Madam from Queens? Did NYDN Get It Wrong?
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NY Madam Says Cravath Partner on Her Client List
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The No Debt Law Firm
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Lawyer-Turned-Bestseller Machine John Grisham Says He Has the Easiest Life in the World
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Is Tweeting for Clients the Same as Solicitation?
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10 Reasons Why Your Presentation Isn't Cutting It
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ABA Social Network Fails to Connect
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Small Firms Targeted by Con With Fishy Fees
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How to Answer the ‘Greatest Weakness’ Interview Question
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Lawyers Get $1.4M in Attorney Fees for Winning $183K Case
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Calif. State Bar Poses as Client, Never Sees Lawyer in PI Case
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Judges:
Pondering a Post-Ginsburg Supreme Court: Females Need Apply
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Uncertainty for High Court in Wake of Ginsburg Health News
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Mississippi Court Reprimands Judge Over Comments About “White Folks”
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Local Associate/Judge's Affair With Bailiff Ended in Suicide Attempt When He Broke It Off
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Former Judge Suspended for Threatening Cops During DWI Arrest
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Courts Cancel Hearings Due to Computer Virus
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Wall Street:
US Stock-Index Futures Decline
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German Stocks Decline
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UK Stocks Retreat
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Stocks Pin More Hopes On Stimulus, Rescue Plan
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Wall Street Looks To Washington
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Investors await news of stimulus, bank bailout
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For Boutiques, Time to Shop as Bankers Flee Big Firms
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BarCap CEO: Fragility Of Mkts To Continue Through 09
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Newspapers:
Murdoch writes down half the value of WSJ
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Resilient Strategy for Times Despite Toll of a Recession
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Wall Street Journal to Cut 14
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Chicago Tribune plans job cuts, salary freeze
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Syndicators Put Price on Tribune Bankruptcy
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Newspapers Facing Death By 15,000 Cuts
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Pioneer Press workers vote for unpaid furlough
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Creative Loafing gets $13M bid
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Politics:
Biden Sees Risk of Voter Backlash
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Banking:
Regulators shut banks in Ga., Calif
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Bank of America CEO says nationalization 'absurd'
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For Bank of America and Merrill, Love Was Blind
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BofA will not need more government money: CEO
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Lewis, Thain, CEO Cult Torched in Crisis Bonfire
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Bank of America CEO Kenneth Lewis is losing fans by the day
(DBN Subscription Required)
The rise and (almost) fall of America's banks
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Swiss banks to announce massive losses
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Barclays Posts 1 Percent Drop in Profit
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Layoffs:
Nissan to Cut 20,000 Jobs
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The Incredible Shrinking US Job Market
(DBN Subscription Required)
The Other Unemployment Rate: 13.9%
(DBN Subscription Required)
Unemployment rate proving to be colorblind
(DBN Subscription Required)
Job Scams: Recession Turns Ugly
(DBN Subscription Required)
Job Market Goes from Bad to Worse
(DBN Subscription Required)
The ‘W’ Word, Re-Engaged
(DBN Subscription Required)
Legions facing layoffs turn to parties, Internet
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Demand Drop Hurts Staffing Firms
(DBN Subscription Required)
A Hollywood Sequel for Michigan Workers
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For Retail Jobs, January Was a Scary Month
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Lost: A Lot of Jobs That Never Were
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More co-worker couples losing both incomes at once
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Oil/Gas:
Oil slick - Is the oil business next?
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Iraq predicts deeper OPEC output cuts
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Chemicals:
LyondellBasell bankruptcy could be problem for schools
(DBN Subscription Required)
Once-mighty Nova Chemicals needs rescuer
(DBN Subscription Required)
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Municipalities:
Boomtown Slowdown
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Hawaii's Plan To Deal With Growing Homelessness Problem
(DBN Subscription Required)
California dreamin' of a new start as bankruptcy looms
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California's Tough-Guy Controller
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Distressed Investing:
Restructuring pros say investors can profit from troubled companies even in hard times.
(DBN Subscription Required)
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Paper:
Bankrupt Foes Shred Paper Problem
(DBN Subscription Required)
______________
Aviation:
Business aircraft makers face severe test
(DBN Subscription Required)
Delta to drop 170 gates around U.S.
(DBN Subscription Required)
AirTran looks to capitalize on other airlines' cutbacks
(DBN Subscription Required)
______________
Personal Finance:
When Nest Eggs Crack
(DBN Subscription Required)
What’s Your New Plan B?
(DBN Subscription Required)
How to Go Green in Hard Times
(DBN Subscription Required)
What the Credit Crunch Looks Like
(DBN Subscription Required)
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Food/Drink:
Is It Kosher?
(DBN Subscription Required)
Bi-Lo provides DIP to Bruno's
(DBN Subscription Required)
______________
Gambling:
Station's bankruptcy plan 'fairly paltry,' bond analyst says
(DBN Subscription Required)
Bondholders’ issue: Who best to run Station?
(DBN Subscription Required)
MGM Doubles Down on Lobbying as U.S. Senators Work on Stimulus Measure
(DBN Subscription Required)
______________
Trucking:
Trouble by the truckload in recession
(DBN Subscription Required)
______________
Rail:
Rail companies steam through the downturn in profit
(DBN Subscription Required)
______________
Hollywood:
Drama for director as funding unravels
(DBN Subscription Required)
______________
Construction:
W.R. Grace amends plan
(DBN Subscription Required)
______________
IP:
Linens N' Things intellectual property goes for $1M
(DBN Subscription Required)
______________
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Economy:
Senate Set to Vote on U.S. Stimulus Bill
(DBN Subscription Required)
U.S. Taxpayers Risk $9.7 Trillion on Bailouts as Senate Votes - "almost enough to pay off every home mortgage loan in the U.S."
(DBN Subscription Required)
Soaring Job Losses Drive Stimulus Deal
(DBN Subscription Required)
House and Senate divided over U.S. stimulus bills
(DBN Subscription Required)
Stimulus Battle May Signal Tough Sell in Congress for Obama's Bank Rescue
(DBN Subscription Required)
Democrats Confident on Stimulus Vote
(DBN Subscription Required)
Spending More Than $800 Billion Is the Easy Part
(DBN Subscription Required)
IMF Says Advanced Economies Already in Depression
(DBN Subscription Required)
US financial position could worsen drastically, Moody's
(DBN Subscription Required)
How Government Created the Financial Crisis
(DBN Subscription Required)
Geithner Delays Bank-Rescue Speech to Keep Focus on Stimulus
(DBN Subscription Required)
In Geithner's Overhaul, Aggressive Use of All Available Tools Expected
(DBN Subscription Required)
Geithner plan to focus on guarantees
(DBN Subscription Required)
Geithner Says US Financial System Remains 'Badly Damaged'
(WSJ: separate paid subscription required)
Bleak choices facing Geithner in trying to save the banks
(DBN Subscription Required)
Summers says private capital key to bank bailout
(DBN Subscription Required)
Private Bank for Bad Assets?
(DBN Subscription Required)
U.S. Bank Bailout to Rely in Part on Private Money
(DBN Subscription Required)
Summers Crafts Broad Economic Role
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From Bad to Worse, but Far From the Worst
(DBN Subscription Required)
IMF Fears cash Will Dry Up
(DBN Subscription Required)
The Stimulus Tragedy
(DBN Subscription Required)
Unemployment Rises To 7.6%, 16 Year High
(DBN Subscription Required)
CBO: Stimulus harmful over long haul
(DBN Subscription Required)
Where Will Stimulus Bring Jobs?
(DBN Subscription Required)
It’s No Time for Protectionism
(DBN Subscription Required)
SC Governor: We're moving close to 'a savior-based economy'
(DBN Subscription Required)
From crisis to catastrophe. Off a cliff. Dark, darker, darkest. Mortal danger of absolute collapse. Armageddon
(DBN Subscription Required)
Recession Lexicon
(DBN Subscription Required)
______________
Real Estate:
After Law Firm Tenant Backs Out, Construction On $980 Million Skyscraper Suspended In NYC
(DBN Subscription Required)
Bank of America faces lingering financial woes from Countrywide
(DBN Subscription Required)
Beazer Homes USA Fiscal 1st-Quarter Loss Narrows
(DBN Subscription Required)
Home Buyer Tax Credit's Price Tag: $35 Billion
(DBN Subscription Required)
Modified mortgages in the works for banks
(DBN Subscription Required)
Mortgage Assistance Draws Crowds to Conn. Forum
(DBN Subscription Required)
US Treasury to prop up housing under revamped bank bailout
(DBN Subscription Required)
At least $50 billion in Treasury plan for housing markets
(DBN Subscription Required)
N.Y. Attorney Convicted of Mortgage Fraud
(DBN Subscription Required)
Credit Suisse Index Finds More Americans House Hunting
(DBN Subscription Required)
In Florida, Despair and Foreclosures
(DBN Subscription Required)
Despite Amendment 1, Floridians are still trapped in their homes
(DBN Subscription Required)
Unload your house, reclaim your life
(DBN Subscription Required)
Central Park is feeling empty: Vacancy rate creeps up
(DBN Subscription Required)
______________
Mass Torts:
Congoleum judge delays key ruling
(DBN Subscription Required)
______________
Publishing:
New York Times's About.com cuts 9.5 percent of staff
(DBN Subscription Required)
Wal-Mart's Empty Magazine Racks
(DBN Subscription Required)
_____________
Jewelry:
New Case Is Chock Full Of Diamond Drama
(DBN Subscription Required)
Shane Co. lost $29M in fiscal 2008, filing says
(DBN Subscription Required)
______________
Executive Compensation:
Executive Pay: What About Directors' Earnings?
(DBN Subscription Required)
You Try to Live on 500K in This Town
(DBN Subscription Required)
Why Greed on Wall Street Is Good
(DBN Subscription Required)
Bonus attacks could cost taxpayers dear
(DBN Subscription Required)
Restricting executive pay like fighting tide
(DBN Subscription Required)
Executive Compensation: What Obama's Plan Means
(DBN Subscription Required)
Railing Against the Rich: A Great American Tradition
(DBN Subscription Required)
______________
Health Care:
Doctors tackle stress, heart problems in the recession
(DBN Subscription Required)
Heart-attack patient bankrupt, banned
(DBN Subscription Required)
After job loss, medical bills deal families devastating blow
(DBN Subscription Required)
Rising Costs of care in time of failing economy
(DBN Subscription Required)
______________
Lehman:
Lehman Assets
(DBN Subscription Required)
Lehman's HK affairs under scrutiny
(DBN Subscription Required)
______________
Golf:
Sour economy snags golf courses
(DBN Subscription Required)
______________
Tech:
Sales of PCs to fall for first time in eight years
(DBN Subscription Required)
DRAM Industry Faces Further Shake Outs
(DBN Subscription Required)
______________
Chapter 22:
A bumper crop of repeat bankruptcies
(DBN Subscription Required)
______________
Corporate Reform:
Unleashing Enforcement
(DBN Subscription Required)
Goldman chief calls for tighter controls
(DBN Subscription Required)
______________
Art:
"In over their heads, artists selling works to keep their home"
(DBN Subscription Required)
______________
Litigation Support:
Onsite3 files for Chapter 11
(DBN Subscription Required)
______________
Retailing:
It's tough for retailers to get exit financing
(DBN Subscription Required)
Boscov relearns retailing business
(DBN Subscription Required)
Shipments to US stores likely to drop 11.8%
(DBN Subscription Required)
Economic downturn slams Orlando-area malls
(DBN Subscription Required)
______________
Insurance:
Fed Calls Emergency Consultants to Triage and Treat AIG, Stricken Markets
(DBN Subscription Required)
Suncorp Shares Plunge
(DBN Subscription Required)
Swiss Re announcement surprises analysts
(DBN Subscription Required)
Hartford shares fall on new capital woes
(DBN Subscription Required)
______________
Finance:
Commercial Paper Skids Again
(DBN Subscription Required)
Critical, if improving
(DBN Subscription Required)
Credit crunch achieves global synchronicity
(DBN Subscription Required)
Texas Borrowers Moving To Small, Non-TARP Banks
(DBN Subscription Required)
Anti-TARP Marketing: Fair Or Unfair?
(DBN Subscription Required)
______________
Pensions:
Can a Hybrid 401(k) Save Retirement?
(DBN Subscription Required)
______________
ARS:
American Eagle Sues Citigroup in Pittsburgh Over Auction Rate Securities
(DBN Subscription Required)
______________
Payday Lending:
Amid ailing economy, payday loans pushing some into bankruptcy
(DBN Subscription Required)
______________
Corporate Governance:
Law professors argue that CEO power has been greatly reduced in favor of shareholders and boards.
(DBN Subscription Required)
______________
Consumer Products:
Court approves debtor-in-possession financing for Spectrum
(DBN Subscription Required)
______________
Travel:
Travel agency's bankruptcy angers would-be tourists
(DBN Subscription Required)
______________
Accounting:
Goldman boss defends fair value accounting
(DBN Subscription Required)
SEC not planning to suspend fair value
(DBN Subscription Required)
KPMG staff rush to apply for four-day week
(DBN Subscription Required)
Satyam restatement to take months
(DBN Subscription Required)
______________
Appliances:
Whirlpool 4Q Profit Falls on Restructuring Charge
(DBN Subscription Required)
______________
Resorts:
CrossHarbor Capital nears YMC deal
(DBN 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 (DBN Subscription Required)
Recent Ch. 11 Filings (DBN Subscription Required)
Weird News
Bankruptcy Jobs:
(1)-
(2)-
(3)-
(4)-
(5)-
(6)-
(7)-
(8)-
(9)-
(10)
(DBN Subscription Required)
____________
Bankruptcy Reform:
Mortgage 'cramdowns' could be on the way
(DBN Subscription Required)
______________
Bankruptcy Humor:
Bankruptcy Bill
(DBN Subscription Required)
______________
Autos:
GM, Chrysler May Get Bankruptcy to Protect US Loans
(DBN Subscription Required)
GM to Invest $1 Billion in Brazil Operations; Money to Come from U.S. Rescue Program
(DBN Subscription Required)
Delphi Value May Be Too Low to Pay Bankruptcy Lenders
(DBN Subscription Required)
GM reportedly in talks to take back portions of Delphi
(DBN Subscription Required)
GM in Talks to Take Back Part of Delphi
(WSJ: separate paid subscription required)
Delphi: No Health Care for Retirees
(DBN Subscription Required)
Ford says supplier failures will rise
(DBN Subscription Required)
GM and Chrysler could finally sink Ford
(DBN Subscription Required)
GM reportedly to negotiate debt restructuring this week
(DBN Subscription Required)
GM talks deals, senators call for panel instead of car czar
(DBN Subscription Required)
Fiat has plans for Chrysler, but nothing magical
(DBN Subscription Required)
Big Three must change their model to survive
(DBN Subscription Required)
Nissan sees first loss under Ghosn, to cut 20000 jobs
(DBN Subscription Required)
Brazil Automobile Sales May Drop for Fourth Month
(DBN Subscription Required)
______________
PR:
The new spin on company repossessions
(DBN Subscription Required)
______________
Tax:
IRS To Decide Fate Of Private Collection Contracts
(DBN Subscription Required)
______________
Politics:
Kennedy flying in from Florida to vote on Stimulus
(DBN Subscription Required)
Obama ratchets up the rhetoric; Shows GOP clenched fist
(DBN Subscription Required)
Trying to make TARP all shiny and new
(DBN Subscription Required)
Pelosi dismisses bipartisanship calls
(DBN Subscription Required)
Stimulus will lead to 'disaster,' Republican warns
(DBN Subscription Required)
Inhofe: 'Bill is 93% spending and only 7% stimulation'
(DBN Subscription Required)
Harry Reid Admits Stimulus Bill 'Approaching A Trillion Dollars'
(DBN Subscription Required)
McCain blasts Obama
(DBN Subscription Required)
______________
Alternative Energy:
Another attempt at Lima ethanol plant sale this week
(DBN Subscription Required)
From boom to bust to ... boom?
(DBN Subscription Required)
BPI Energy pins hopes on cash use
(DBN Subscription Required)
______________
Credit Cards:
Increase In Charge-Offs
(DBN Subscription Required)
______________
Fraud:
Those Closest To Madoff Got Burned Too
(DBN Subscription Required)
Madoff’s Victims are Mad, Mad, Mad But Do They Have a Right To Be?
(DBN Subscription Required)
Barclays lauded Bernard Madoff’s funds
(DBN Subscription Required)
Are Banks Liable for Madoff Losses? Plaintiffs Say Yes, Argue Multiple Theories
(DBN Subscription Required)
A Madoff Lawsuit Variant
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Fairfield County 'ground zero' for Madoff scandal
(DBN Subscription Required)
The Real Estaters on Madoff’s Client List
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Madoff Stole My Money, but He Got Me a Book Deal
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Madoff and the Royals: Tapping Into Old Money?
(DBN Subscription Required)
Searching the Madoff List
(DBN Subscription Required)
Court's list of Bernard Madoff investors called into question
(DBN Subscription Required)
Madoff Investors Blast Bankruptcy List
(DBN Subscription Required)
Feeling Scorched by a ‘Sure Thing’
(DBN Subscription Required)
Agape World investors meet to discuss strategy
(DBN Subscription Required)
Suits allege fraud by Wilmington Trust
(DBN Subscription Required)
______________
Hedge Funds:
Hedge Fund Lets Investors Withdraw What Is Left
(DBN Subscription Required)
______________
UK:
UK company collapses up 124% in three months
(DBN Subscription Required)
Darling Probes UK Bank Directors’ Role in Bonuses
(DBN Subscription Required)
BoE to deploy £50bn to get credit flowing
(DBN Subscription Required)
Baugur's high street jewels draw likely to attract
(DBN Subscription Required)
Eleven more household names to disappear from our high streets in the next three months, say insolvency practitioners
(DBN Subscription Required)
Companies fear worst is still to come
(DBN Subscription Required)
Decline in building industry levels off
(DBN Subscription Required)
Cultural shift in attitude to debt needed to combat personal insolvency crisis
(DBN Subscription Required)
Johnston Press hires KPMG to restructure debt
(DBN Subscription Required)
Insolvency Service reports “all-time high” figures
(DBN Subscription Required)
Big fall in new start-ups
(DBN Subscription Required)
______________
EU:
Europe's New Wave Of Toxic Debt
(DBN Subscription Required)
______________
Canada:
Proposed bailout for Quebec horse racing sparks anti-gambling backlash
(DBN Subscription Required)
______________
Russia:
Trade you. Barter is back in Russia
(DBN Subscription Required)
______________
Ireland:
Ireland's Boom Falls Hard in Global Crisis
(DBN Subscription Required)
______________
Japan:
Japan corporate bankruptcies rise 16 pct yr/yr
(DBN Subscription Required)
In Japan, New Jobless May Lack Safety Net
(DBN Subscription Required)
Japan Recession May Be Worst in 50 Years
(DBN Subscription Required)
Japan Machine Orders Fall for Third Month as Recession Deepens
(DBN Subscription Required)
BOJ Should Channel Cash to Companies, Government Economist Says
(DBN Subscription Required)
Merrill, Morgan Alumni See Bet on Japan Opposition Party About to Pay Off
(DBN Subscription Required)
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Germany:
German December Exports Drop, Deepening Recession
(DBN Subscription Required)
______________
Australia:
Australian Stimulus Package Too Large, RBA Member McKibbin Says
(DBN Subscription Required)
______________
New Zealand:
NZ Consumers More Pessimistic on Economy
(DBN Subscription Required)
______________
Iceland:
Meltdown: The Icelandic Economic Example
(DBN Subscription Required)
Iceland Central Bank’s Oddsson Refuses to Quit Under ‘Threat’
(DBN Subscription Required)
______________
Norway:
Norway Unveils Bank Aid Package
(DBN Subscription Required)
______________
Mexico:
Rising Distress Tests Mexico Framework
(DBN Subscription Required)
Mexico: Huge workers', farmers' protests held
(DBN Subscription Required)
______________
India:
Shops looted as Indian retailer fails to pay bills
(DBN Subscription Required)
______________
Middle East:
Kuwait's Economic Stimulus Plan to Cost $5.15B
(DBN Subscription Required)
______________
China:
China Says 4,000 Toy Companies Close as Recession Cuts Demand
(DBN Subscription Required)
China Exports May Fall by Most in Decade as Demand Plunges in U.S., Europe C
(DBN Subscription Required)
______________
Italy:
Gianfranco Ferre group sees 'probable' bankruptcy
(DBN Subscription Required)
Ittierre to File for Bankruptcy
(DBN Subscription Required)
______________
Greece:
Greek households on the bankruptcy line
(DBN Subscription Required)
______________
Latvia:
Latvian Economy Shrank a Preliminary 10.5% in Fourth Quarter
(DBN Subscription Required)
______________
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