Law:

Dreier Update: Lawyer Objects to Asset Freeze, Continued Imprisonment
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Dreier’s Lawyer: ‘There is No Reservoir of Money, No Money Off-Shore’
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Insolvency heritage pays off as DLA, Hammonds mop up the mandates
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Madoff scandal revives fortunes of scandal-plagued law firm
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Welcome to the Future: How Many Silent Dogs=A Tipping Point?
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Bankruptcy lawyers work overtime to keep pace with increased filings
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Burr Forman acquires Florida firm
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Akerman Senterfitt Adds Bankruptcy Partner
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Legal eagles fly from Wall Street
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Biglaw to Associates: 'Surprise! Your salary is frozen'?
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Clifford Chance in £40m cash call
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Silver Lining in Law Firm Layoffs News: Many Partnerships are Better-Managed
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Reorganization move now considered a business tool, not a sign of failure
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Layoff Watch: Loeb & Loeb Layoffs Round 2
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N.C. Firm Lays Off 13 Lawyers, 15 Staffers
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Wildman Harrold Axes 10 Attorneys
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Firm Asks Some Senior Associates and Income Partners to Look for Other Work
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Defunct Heller files bankruptcy
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How to prevent a trip to court before entering a major transaction
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Layoff Alternative: Reducing Associate Hours
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Revenue Reports for S.F. Area Firms Show Flat Is the New Up
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Blueprints: Blue Marks the Spot for a Law Firm
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Bankruptcy Roundup: Goody's, Smitty's, Twinkies, and More
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Kill the Billable Hour? A British Response
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What to Watch for at Attorney General Nominee's Hearing
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U.S. Legal Job Market Contracts in 2008
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The End of Lawyers?
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Staying Employed Is Hard Work
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More Associate Layoffs to Come in New York
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Even Former Attorneys General Can't Find Jobs in This Economy
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Hot-Button Issues in Outside Counsel Guidelines
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Law Still Far From the Worst Profession
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Can US afford this courthouse?
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Dallas Law Firm to Repay $840K for Scam Run Without Partner’s Knowledge
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Due to Bigamous Marriage, NY Lawyer Can’t Now Foreclose on Loan to ‘Wife’
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Lawyer With Unfortunate Name Jokes About Law Firm Slogan
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Judges:

Judge Admonished for Soliciting Political Support of Attorney in Her Court
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Courthouse Security Could Be Victim of Declining Budgets
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Wall Street:

Stock Futures Signal Mixed Open
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World Stocks Down as Markets Fret Over US Earnings
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Stocks slump Fri. after jump in unemployment rate
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Stocks Drop; Worst Week Since November
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Citi-Morgan talks seen leading to wave of deals
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Morgan Stanley could pay $2-3 billion for Smith Barney
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Retailing:

US retailers slashed 66,000 jobs in December
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Retail may hold the key to unemployment
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Wave of Bankruptcy Filings Expected From Retailers in Wake of Holidays
(WSJ: separate paid subscription required)

Circuit City to face crucial bankruptcy hearing
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Circuit City in talks with 2 'interested parties'
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Who's buying Circuit City, and why is Mexico so interested?
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Post-holiday blues
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Survival is the goal for some malls this year
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Wal-Mart and the Retail-Stock Markdown
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Gottschalks: on the brink of ... who knows ...
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Best Buy narrows fiscal 2009 profit forecast
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Electronic retailers face tougher year ahead
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Food/Drink:

Equal maker Merisant seeks bankruptcy protection
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Interstate Bakeries bankruptcy exit funds delayed
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Merisant: Ch. 11 no sweet nothing
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Bankruptcy on the menu
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Restaurant closing sends family into economic hole
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Rainbow Room Will Remain Open Amid Rent Dispute, Family Says
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Football:

Hard times: 20 Redskins employees laid off
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Fraud:

Lennar Declines After Minkow Alleges ‘Ponzi Scheme’
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Keep Bernard Madoff Free!
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Madoff’s Sons, Niece Started Energy-Exploration Company in 2007
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Not all were losers in Madoff's scheme
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Yikes! Now I Have To Take The Hampton Jitney
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New Timing on Madoff’s Confession
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Madoff Brother, at Arm's Length?
(WSJ: separate paid subscription required)

Where Ezra Merkin Lost His Way
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No Decision on Madoff Bail Until Monday
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Fairfield Greenwich sued over $1 billion in Madoff-related fees
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Three strikes
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Ponzi's Original Swindle
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Gambling:

Atlantic City casinos post biggest monthly drop ever
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Tropicana files two plans
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Las Vegas Strip Gaming Revenue Drops 16% in November
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Horticulture:

2nd OC plant grower bankrupt from housing slump
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Software:

SCO Files Reorg Plan
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Alternative Energy:

VeraSun Suspends Production at Three Distilleries
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Ethanol plant closes; 40 employees laid off
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Theme Parks:

Outlook grim for Hard Rock Park unsecured creditors
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Led Zeppelin Theme Park Files for Bankruptcy
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Symphonies:

Symphony orchestras are in survival mode
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Municipalities:

Regulator of Bonds Wants More Authority
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Relief for Springfield to be examined
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Months later, pall still hangs over muni market
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Mining:

Asset-rich, debt-laden Rio Tinto adrift in a buyer's market
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Hockey:

Coyotes could be next body buried in desert
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Debt Collection:

Pushing back against debt collectors
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Bonds:

Gross Bets on Washington After Winning From Housing Collapse
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Company Debt Set for ‘Double-Digit’ Returns, Deutsche Bank Says
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TIPS Irresistible to Gross as Protection Is ‘Cheap’
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Religion:

Churches cope with recession
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Finance:

Libor-OIS Spread Falls to Lowest Since Lehman on Cash Infusions
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Shipping:

Alfa Laval to Cut 1000 Jobs on Shipping Slowdown
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Hedge Funds:

Hedge Fund Charities Pinched as Donors Ask Results Firms Miss
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2009: Year Of The Hedge Funds
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M&A:

M&A Activity Unlikely to Rebound Before Last Quarter, KPMG Says
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Textiles:

Shutdown of Stowe Mills marks end of era — again
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Credit Cards:

Revolving Credit Down In November
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Corporate Governance:

More companies separate CEO, board boss roles
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Chancery Retains Jurisdiction Over Claims to Pierce Corporate Veil and Related Allegations
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Furniture:

L.L. Swor can liquidate
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Economy:

Obama Raises Estimate of Job Creation in Plan
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Obama, Bush May Seek TARP Funds as Early as Today, Dodd Says
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Obama Releases Stimulus Analysis
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Where Stimulus Will Create Jobs
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Jobless rate now at 16.5%—using Depression-era yardstick
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Obama Says Sacrifice Needed to Fix Economy, Some Promises Must Be Delayed... 'Everybody's Going to Have to Give'
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Paulson Backs ‘Robust’ Stimulus, More TARP Bank Aid
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Strings On The TARP
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Obama Plans to Add Energy Credits to Stimulus, Lawmakers Say
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As Bad as It Gets
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SFFID
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Trichet Sees ‘Significant Pickup’ in World Economy in 2010
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Shoes to Drop in 2009
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Global Pullback Likely to Last
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Frank promises speedy bailout overhaul
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Frank Eyes TARP Funds for Foreclosures
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Analyst: Treasury not tracking how banks use bailout
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Worse than the early ’80s
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Bush's Economy Worst in Generations
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In the Financial Crisis, Ordinary People vs. Extraordinary Problems
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No Instruction Manual for Stimulus Plan
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Capitalism Freezes in Worldwide Winter of Discontent
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Fed's Lacker says government financial 'safety net' must be scaled back
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2008 Job Losses: Bad News, But Hardly 1945
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Harvard’s Ferguson Slams Greenspan
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Key lawmaker sees action on bailout bill
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Is Government Spending Too Easy an Answer?
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Lacker Says Fed Loan Programs ‘Fraught With Risks’
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Government Finds Itself in Hole, Keeps Digging
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Trillion-Dollar Spree Is Road to Ruin, Not Rally
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Real Estate:

Economic downturn pounds commercial real estate market
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Shady subprime lenders creeping into federal mortgage program
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KB Home narrows 4Q loss, but home sales plummet
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Ex-Realtors Official: Don't Blame Messenger
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‘The Bottom is Here’: Former NAR Economist Lereah’s Rosy Statements
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Lennar shares down on fraud accusations
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Sale leaseback firm, holding 50-plus properties, files for bankruptcy
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New Proposal for Mortgage Modifications
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Mortgage lending jobs thrive as other sectors dive
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Commercial real estate financing stays tight despite falling rates
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Commercial sales going in reverse
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The coming commercial crash
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Could Manhattan real estate go back to the '90s?
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Builders cut quality, spark home-value fears
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Jumpstart Spending With a National Housing Lottery
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US Housing Market Still Offers Hidden Value
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Autos:

Bill proposes 'car czar' to help automakers reach goals
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Will Maxim keep Steve Rattner from becoming car czar?
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Detroit Goes for Electric Cars, but Will Drivers?
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Toyota Plans to Leapfrog G.M. With a Plug-In
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New Cars Arrive, Courting Few Buyers
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Ford talks with UAW on cuts to labor costs
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Ford Won’t Seek Federal Loans Unless World ‘Implodes’
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Ford May Be Forced to Seek US Aid as Economy Imperils Sales
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Rivals' inventory worries Ford CEO
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Despite Hard Times, The Show Must Go On
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Chrysler Unveils New Green Cars; CEO Rejects Notion Of Bankruptcy
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Chrysler wants $3B more in bailout aid
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Chrysler Sees January 'Low Point'
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Chrysler's Promises in December 2000: Moral Hazard Redux?
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Nardelli: Chrysler Is Not Being Prepped for Sale
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Car showrooms empty, dealers' margins lean
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Auto dealers shift to new tactics
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Automotive Supplier Survival Strategies
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Fraud Charges Dropped Against Stockman
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GMAC chairman resigns, new board to be named
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Debt Could Crush G.M.’s Best Efforts
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GM Chopping Costs to Boost Cash Until Demand Revives
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General Motors boss defies critics and refuses to resign
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GM says could seek further loans
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Canada hands automakers $4B lifeline
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Where is the auto industry going?
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What Detroit's Doing Right
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China auto sales fall casts pall over Detroit show
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Ssangyong Union May Accept Wage Cuts, Job-Sharing
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Ssangyong union authorizes strike, court freezes assets
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Renault Needs EU9 Billion in Funding; Hasn't Sought State Help
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Insurance:

Madoff-Related Insurance Losses: How Big?
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Monoline insolvency: a trap for the unwary
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Insurers' underwriting standards to tighten: Marsh CEO
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Layoffs:

Carnage continues: 524,000 jobs lost in December
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Layoffs Continue in New Year
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Truck maker announces 2,100 layoffs in NC
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Sweden's Alfa Laval to Cut 1,000 Jobs
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Boeing cutting 4,500 jobs
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Finance Layoffs: Bank of America, Fidelity, Carlyle and more
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Mass Layoffs Start at Longs Drugs Corporate Offices
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Layoffs at Pilgrim's Pride
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Another Knoxville business closes, leaving hundreds unemployed
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TDK to Close Four Plants - Will cut 8,000 jobs
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Young Women More Vulnerable During Layoffs
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Uncle Sam may pick up part of workers' COBRA tab
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Oil/Gas:

Judge freezes assets of oil securities firm
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Oil Falls $2 to Below $39 as Demand Weakens
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Oilexco Inc. kicked off TSX
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Crisis Management:

Crisis Management: The New Rules
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Enron:

Enron Creditors settles commercial paper dispute with Goldman
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DIP Financing:

Citi's Loan To LyondellBasell Shows Banks' Interest In DIPs
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Does Lyondell's DIP presage a credit thaw?
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Chemicals:

Citigroup says LyondellBasell owes it $2 billion
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LyondellBasell to exit Chap 11 in 1-2 yrs-paper
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Tronox's US operations file for Chapter 11
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Newspapers:

Star Tribune silent on its own pending demise
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Seattle Post-Intelligencer put up for sale; Will shut if no buyer
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Financial woes challenge news outlets
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S curve
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New York Times pressed by cash-flow constraints
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Aviation:

BusinessWeek liquidates the airline industry
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British Airways credit card hiking interest charge to 46%
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A Reborn Alitalia Flies into Troubled Skies
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Clouds lifting for airlines
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AirTran recalls 60 furloughed pilots, hires flight attendants
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Superior bid process approved
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Consultants:

Economy speaks to restructuring firm Focus Management
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Health Care:

Rally Held For Workers Who Lost Jobs At Beaver Co. Hospital
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Nowhere to run...
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Health care key to economic fix
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Future dim for Sunwest investors
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Economic stimulus may send $100B-plus to healthcare
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Trucking:

Johnson trucking company files for bankruptcy liquidation
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Manufacturing:

BluePoint Energy files for bankruptcy: Creditors fight over assets
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Fashion:

G-Squared's lender baffled by bid
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