Law:

What a Legal Recession Looks Like
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‘We had to talk to the debtors to get smart’
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Davis Polk, Cravath, Wachtell on the Citi-Morgan Stanley Deal
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Cleary Gottlieb Bulks Up With Two Big Bankruptcy Filings
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Kelley Drye Adds To Bankruptcy
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Greenberg Traurig Adds 19 Seasoned NY Lawyers, Loses 2 to Pillsbury in D.C.
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Ropes & Gray wants to take a big bite out of the Big Apple
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Cadwalader Loses 7 of 11 Partners in UK Office
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‘Every day was totally pressure-filled, client-filled. There was no break.’
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Some Small NY Firms Booming in Economic Crisis
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Survey: Economy & Profits Dismal, But My Firm Will Succeed, Managing Partners Say
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Law360: Litigation strong in 2008
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Firm Managing Partners Report Record Low Confidence in Economy
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‘I need to advise them to fall behind on their payments, and that’s ludicrous to me.’
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As Cadwalader Profits Plummet, Seven Partners Defect
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Associates at Alston & Bird, Hogan & Hartson Won’t Get Pay Raises
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‘You’re History.’ Now What?
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Less Work for Staff After Lawyer Layoffs, So Seyfarth Adds to Staff Layoff List
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Staff Layoff Watch: Seyfarth Shaw
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Layoff Watch: I'm Shipping Up To Boston
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Associate Billing Survey Results: Time is on your side . . . or not.
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‘You can’t calm directors by telling them it’s all going to be OK.’
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How Lawyers Enabled The Meltdown
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Some Dreier Money Freed Up for Payment of Legal Bills
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Recession-Proof Your Practice
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Pooling Practices
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14,307 Lawyers Predict the Future
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Business booming for bankruptcy attorneys
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Situations Wanted - If you’re hiring, these 7 are worthy of your consideration
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Newcomers Confront Changing Reality in Asia
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The Business World's Most Ethical Lawyers
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Another Firm Recruits on Facebook
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Firms, GCs to Develop a 'Best Practices' List for Diversity, Work-Life Balance
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Navigating the New Year's Resolutions of Big Law Co-Workers
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Video Marketing Tips for Lawyers
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Justice Systems Sent Reeling
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NY Partner Has State Pension Credit Revoked, Must Repay $59,000
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Intellectual property litigation numbers fall
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Pls Hndle Thx: She's Trying to Destroy Me
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Judges:

Inside the High Court: A Heist Movie, a Fable and a Rich Dessert
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Husband of Barred Judge Gets Prison for Hitting Her With Frying Pan
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Judge's Conduct Questioned Over Stripper's Gifts
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Wall Street:

US Stocks Drop on Retail Sales Slump; Citigroup, Macy’s Fall
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Bank Turmoil Sinks U.S. Stocks
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Sensex tumbles on weak global trends
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Europe stocks fall for 7th day in a row
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Canadian Stocks Fall on Nortel Bankruptcy, Worsening Recession
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Key market index loses 4.3% in a day
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US Small-Caps Mark Biggest One-Day Decline In A Month
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Stocks open lower on disappointing retail sales
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Fear is back on Wall Street
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The Bear Stearns Lucky Few
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JPMorgan Profit Drops 76 Percent on $2.9 Billion of Writedowns
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Markets Decidedly Down, and Expect More
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Retailing:

Retail Sales Drop Sharply in December
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Gottschalks Files for Chapter 11 Protection
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Gottschalks owes its 20 largest unsecured creditors $28.2M
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Economy, trends work against chain
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Goody's retailer files bankruptcy, will liquidate
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Questions raised by Boscov’s bailout
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Another Day, Another Bankrupt Retailer
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Indebted General Growth puts landmark mall on market
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General Growth shares slide on concerns over debt
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Retail slide presents challenges to malls
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Circuit City on the block
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Hard times hit the high end in Beverly Hills
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Economists React: 'Proof in Christmas Pudding'
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Corporate Governance:

Who are Landry's directors working for?
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Apparel:

VF Corp pares forecast, cuts costs
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Defaults:

Global junk defaults to hit 15.1 pct-Moody's
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Layoffs:

Report: Oracle cuts 500 jobs
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Motorola to lay off 4,000 more workers, warns of loss
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Barnes & Noble cuts nearly 100 corporate jobs
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Google axes 100 jobs in cost-cutting
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Iron City Brewing plans to lay off staff
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Nortel workers in Richardson brace for layoffs
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Wells Fargo Lays Off 300 Wachovia Employees
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Baltimore Symphony Orchestra cuts jobs to sidestep deficit
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Sanyo cuts 1200 jobs, lowers annual forecast
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Job losses fuel foreclosures
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Where jobs still are in a bleak market
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Jobless center drowning in sea of benefit claims
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Help Wanted -- at New Jersey's Crowded Unemployment Office
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Food/Drink:

Interstate Bakery pegs ‘very near future’ for bankruptcy exit
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Black Angus Steakhouse parent files for bankruptcy
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Troubled times on the menu
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Lehman:

Lehman aims to exit bankruptcy within 24 months
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Around the world in a Lehman plane
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Judge OKs appointment of examiner to probe Lehman
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Lehman's Cash Rises; Probe Ordered
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Lehman by the Numbers
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Boating:

Hanse predicts boat sales slump
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RVs:

Sun Valley will close plant
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Municipalities:

State might have to issue IOUs, report says
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Schwarzenegger Set to Deliver Somber State of State Address
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Resorts:

Vineyards Resort creditors given bankruptcy update
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Tax:

Geithner’s Mistake on Tax Is Common, Experts Say
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Economy:

Retail Sales Decline for a Sixth Month
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Foreclosures in US Rose 81%, Topping 2.3 Million Last Year
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US Initial Jobless Claims Rose 54,000 to 524,000 Last Week
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Record Pessimism in Global CFOs, High Future Uncertainty
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Drop in Energy Pushes Down Wholesale Inflation
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U.S. Stimulus Plan Nears $850 Billion
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Obama Officials Ask Senate G.O.P. to Back Release of Bailout Money
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What's TARP II Supposed to Do?
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Fed: Economy continues to sour
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Republicans: Limit bailout funds to financial firms
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How Deregulation Spawned the U.S. Financial Crisis
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Bush: Obama should be careful with economic forecasts
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Beige Book: Deterioration Continues
(WSJ: separate paid subscription required)

Fed reports widespread crumbling of economy
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US data also show large decline in industrial supplies
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Nov. inventories fall at fastest pace in 7 yrs
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Fed official expects start of recovery in 2nd half
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Senators switch stances on federal bailout
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US recession to last at least another six months, says JPMorgan boss
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Cutbacks for the Poor Coming Fast and Furious
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Businesses Find a Silver Lining in Inland California’s Downturn
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Real Estate:

US foreclosure filings in 2008 rose 81% from 2007
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Foreclosure filings jump 17% in December
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Mortgage Applications Jump Nearly 16%
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Rollin’ the Dice on Parkdale Road
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Swindlers Find Growing Market in Foreclosures
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Are greedy wolves making government-insured mortgages?
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Executive Calls ’30s Housing Solutions Superior
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Lennar Files Libel Suit Against Investigator Barry Minkow
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Orlando-area's foreclosure rate nearly tripled from '07 to '08
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NJ property foreclosures doubled in '08, report says
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OK foreclosures grew by half in 2008
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Illinois ranks 9th in foreclosures
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Cook County foreclosures jump 84% in December
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Colorado No. 5
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Kansas City area foreclosures soar
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Mortgage modification fails to slow state, Inland foreclosures
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Hawaii foreclosures up 229% over 2007
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Va. foreclosures tripled in 2008
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Fla. 2nd in nation for foreclosures
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Builders aim bank protest at bailout
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Austin Office Portfolio Downgraded
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Telecoms:

Nortel Seeks Bankruptcy Protection
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Flextronics' shares taken down by Nortel bankruptcy
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Nortel never recovered from the dot-com bust
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Nortel asset firesale seen as it fights to survive
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Clement Says Canada Open to Nortel Aid After Bankruptcy Filing
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Nortel's Bankruptcy Filing Adds To Vancouver's 2010 Olympic Headaches
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Nortel: From half of the TSX to penny stock to oblivion
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Nortel Bankruptcy Just the Tip of the 2009 Business Bankruptcy Iceberg
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The Deal That Could Have Saved Nortel
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Nortel's Road to Bankruptcy
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Does Nortel's fate teach us lessons?
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Airvana says is owed upwards of $22M by Nortel
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Infosys, Wipro fall after Nortel bankruptcy filing
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Sasken shrs drop on Nortel's bankruptcy filing
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Nortel Customers Opt to Stick Around After Bankruptcy Filing
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Nortel CEO moves to stem customer exodus following bankruptcy
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Nortel debt holders left to fight over scraps
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Autos:

UAW Chief: Waiting For Obama To Address Loan Demands
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The Hot New Car Is Your Old Car
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Breaking up Chrysler is hard to do
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Chrysler Seeks To Drive Away Rumors
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Chrysler to End PT Cruiser, Seek Buyer for Equipment
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Can Magna Buy Chrysler From Cerberus?
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Chrysler: No plans to sell brands or plants
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Magna expects collapse in parts sector
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Nissan announces fresh production cuts
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S&P cuts Hyundai, Kia outlook to negative
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European Car Sales Drop 18% on Recession, Credit Woes
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Adult Entertainment:

Downturn Hits Industry
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Construction:

California company may buy Republic Windows
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Lumber Falls to 18-Year Low as Slumping Home Starts Curb Demand
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Music Industry:

You Can Buy Dre & Snoops Source Awards
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Publishing:

May We Offer You a Mandatory Unpaid Vacation?
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______________

Tech:

End-Of-Year Computer Sales Worse Than Expected
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Oil/Gas:

Supertankers brimming with oil stay at sea; Wait for price to rise
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SemGroup incentives could total $3.8 million
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Where Is Oil Going Next?
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Corporate Reform:

Obama's SEC pick to face reform-minded Congress
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Packaging:

Smurfit tells lenders bankruptcy is possible
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Golf:

Canterbury Woods files Chapter 11
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______________

Aviation:

Italians lose, French win big in Alitalia sale
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Personal Finance:

How to Get Your Finances Ready for the Obama Era
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Distressed Investing:

Distressed debt opportunities greatest in 20 years
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Turnarounds:

Economy speaks to restructuring firm
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Accounting:

Double-Edged Rules - Proposed accounting changes alarm corporate counsel
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Sports:

Nortel's woes could hurt Olympic sponsorship
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Nortel's Olympic work mostly done
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