Law:

Cooley Axes 52 Lawyers, 62 Staff
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Cooley lays off 114 as cutbacks continue
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Cooley's Layoffs Were Worse Than We Thought
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Squire Sanders and Ice Miller Lay Off Staffers
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Law firms to see dearth of work in 2009 as clients reduce spending
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Freshfields launches US litigation practice
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Staff Layoff Watch: Roundup Number 2
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Chadbourne to cut global headcount
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Two BigTex Firms Temporarily Freeze Associate Salaries
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US seeks to keep NY lawyer Dreier jailed pre-trial
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Showdown Set for Thursday Over Lawyer's Jailing
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Dreier Claims His Son Was Promised Property, Prosecutors Say
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Marc Dreier Breaks Parenting As Well As Federal Laws
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Arent Fox Freezing Associate Salaries Despite Double-Digit Growth
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Why associate pay should be frozen for 2009
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Profits Per Partner Up At WilmerHale and K&L Gates. Revenue Up At White & Case
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Wilmer Reports Growth in 2008
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Quinn Booted From Marvell Case
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Revenue, Profits Up at K&L Gates
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Addleshaw Asks 19 Partners to Leave the Firm
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As law firms downsize, laid-off attorneys and new law school graduates unable to find jobs have been turning to an option they may never have imagined
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We the People Founder Sentenced for Contempt
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Law Firms, Take Heed
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Obama Re-Sworn In
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2nd Circuit to Hear Arguments on Lawyer Ad Restrictions
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Santa Clara Law School Gets Creative
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Law School Dean: "We Should Be Ashamed Of Ourselves"
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Judges:

1st Black Federal Judge in Ala. Resigns; Waited So Obama Could Fill Vacancy
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Kozinski & Lat Take Manhattan
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Wanted: Two New Bankruptcy Judges For The Northern District Of Georgia
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Wall Street:

US Stock-Index Futures Fall as Earnings Decline
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As Banks Teeter Again, Wall St. Looks for Answers
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UK Stocks Gain as Banks Rally
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German Stocks Advance
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Financial, Tech Stocks Lead Wall Street Higher
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Autos:

GM posts 11% drop in sales, hands title to Toyota
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How GM Lost Its Sales Crown to Toyota
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GM gets crucial $5.4 bln in US funding
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UAW to Big 3: Talk with Obama
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President faces tough choices on ailing automakers' future
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In exchange for more aid, automakers and unions must accept radical change
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Sen. Corker's plan would devastate us
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How do you sell Hummer?
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AutoNation says GM needs new captive financing
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Chrysler's long walk on a short dock
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Chrysler Exec Says US Treasury Was Aware Of Fiat Plans
(WSJ: separate paid subscription required)

Fiat small cars let Chrysler focus on larger ones
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Fiat Asks Banks for EU5 Billion Credit Line, Il Sole Reports
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Fiat Slides on Concern That Chrysler Stake Threatens Turnaround
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Fiat Reports 69 Percent Drop 4Q Profit
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Embattled auto dealers for Detroit 3 are on front lines
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Hundreds of auto suppliers will go under
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Car Parts Maker Denso Cuts Production
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Toyota’s Toyoda Said to Plan Replacement of Managers
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Hyundai's Quarterly Net Slides 28%
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UK vehicle production collapses
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Banking:

Bank of America Soars as Lewis, Directors Buy Shares
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The BofA/Merrill Deal: Losses, Disclosures and Lawsuits
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Merrill’s bonus caper adds to the stench for BofA
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Geithner Pledges Prolonged Effort to Stabilize Banks
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Kill JPMorgan’s Dividend, Save America’s Banks
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For US Banks, The Glass Is 1% Full
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Citi to shed more assets soon?
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Contemplating the Demise of Bank of America, Citi and JPMorgan
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US Bancorp Profit Falls 72% on Higher Credit Costs
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Citigroup's Top 3 Executives Decline Bonuses
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WaMu asks court for more time to file bankruptcy plan
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What does private equity see in IndyMac?
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Fifth Third Posts Fourth-Quarter Loss on Soured Loans
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Bank seizures portend bad 2009
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Fears of nationalization stalk the banking system
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Insurance:

Is An Insured's Collateral Safe With A Bankrupt Insurer?
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AIG kicks off sale of Asian life assurance unit
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State investigates Grand Island insurance service
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Tech:

IPod, MacBook sales drive Apple's rise in earnings
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EBay 4Q Profit and Revenue Fall Amid Recession
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Resorts:

Daufuskie Resort files for bankruptcy
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Debt Collection:

To Help Collect the Bills, Firms Try the Soft Touch
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Pensions:

Why You'll Work Through Your Retirement
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Stock market losses puts corporate pensions in danger
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Telecoms:

Nokia Fourth-Quarter Net Slides 69% as Consumers Curb Spending
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Nortel's Bankruptcy : Was it Mike Z.'s Fault?
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The Bigger They Come
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Vulturine Vendors Circle Over Nortel Partners, Customers
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Nortel grounds corporate jet in cost-cutting drive
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Nortel pensioners gird for legal fight
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Hockey:

With Troubled Coyotes, Gretzky Called on as Savior Again
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RVs:

Economy stalls and Ore. RV makers are in the ditch
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Derivatives:

Bank Nationalizations May Not Trigger Default Swaps
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CDS Report: The mood lightens in Europe
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S&P launches new US CDS indices
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Trucking:

JPT to revise disclosure statement
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Mass Torts:

Hearing in W.R. Grace asbestos case focuses on scientific studies
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Asbestos.com, cont'd
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Economy:

Obama Recovery Plan Advancing Through House Panels
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Geithner calls for tougher bailout terms
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Geithner Is Grilled on Bailout, Back Taxes
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Housing Starts Post Bigger Than Expected Drop
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New Jobless Claims Rise More Than Expected to 589K
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This Recession is More Like the 1980s than the 1930s
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Deloitte Survey: More Than Half of Executives Expect Recession To Continue Through 2011
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Bankruptcy or Bailout: A Libertarian Perspective
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Real Estate:

MBA’s Mortgage Applications Index Dropped 9.8% Last Week
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Housing Starts in US Probably Fell to Record Low in December
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Home Construction Ends Worst Year Since 1959
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California's Median Home Price Falls 38 Percent
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Kimball Hill gets OK for wind-down
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Woodside plan faces opposition
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Trump Tower Tampa fated for foreclosure?
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Chapter 33
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Devil in the details of foreclosure 'bargains'
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WexTrust Portfolio Break-Up Plan Formulated
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Lots of nervousness about commercial mortgages
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Aviation:

Fuel Costs Push American, United Airlines To Wider 4Q Losses
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Continental Airlines Puts 4Q Charges At $170 Million
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Southwest Airlines Reports 4Q Loss
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EasyJet Forecasts Full-Year Profit as Revenue Rises
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Railroads:

CSX CEO sees double-digit Q1 volume declines
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Lehman:

Hong Kong Protesters Target Citi for Lehman Losses
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Reinet unit to buy Lehman Brothers assets
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Layoffs:

Intel to Cut at Least 5,000 Jobs
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Williams-Sonoma Will Cut 1,400 Jobs After Sales Slump
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UBS to Cut Securities Jobs, Close More Debt Units
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Pink slips on Wall Street
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Oerlikon Doubles Job Cuts to 2,000 to Counter Global Economic Slowdown
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Microsoft to Slash 5,000 Jobs
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Closures & Layoffs (Jan. 18-24)
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Pay Freezes Spread During Brutal Recession
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Safest Occupations
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Credit Cards:

American Express, Capital One Profits May Plummet on Bad Loans
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Jewelry:

Some jewelers downsize as bankruptcies mount
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Fortunoff Possibly on the Block Again
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High-end Jewelry Chain Miki of Japan Declares Bankruptcy
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Academia:

Warren/Westbrook: The Success of Chapter 11: A Challenge to the Critics
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The Mystery of Delaware Law's Continuing Success
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Bankruptcy Bondage
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Dentists:

Dentists seek to recover money from Atlantic Beach firm
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Oil/Gas:

Bankruptcies expected in oilfield services as drills sit idle
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SemGroup awaiting plan
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Crude Oil Gains a Second Day as Equities Advance, Dollar Drops
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Gambling:

Trump casinos get extension on debt restructuring
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Is Trump bankrupt?
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Tropicana buyer's offer going down
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Worst year for CO casinos since 1991
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Chemicals:

Liquidity fears, outlook hit Nova Chemicals shares
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Vopak Says Use of Some Chemical-Import Tanks Drops on Slowdown
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Newspapers:

Inside the New York Times' Billionaire Bailout
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The New York Times Is Dead: Long Live the New York Times
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Continuance in the Creative Loafing bankruptcy case
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Jefferson knew what newspapers meant
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Drum & Bugle:

Spartans looking for buyer
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Alternative Energy:

Solar industry growth dimming with economy
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New VeraSun DIP, with strings attached
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Hotels:

Hotel developer to declare bankruptcy
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Distressed Investing:

$100M in Assignments Launches Distressed Debt Group
(DBN Subscription Required)

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Horticulture:

Bordiers wins 2nd cash use
(DBN Subscription Required)

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Food/Drink:

Creditors, trustee tighten squeeze on USA Springs
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Bankrupt Pilgrim's looks to unload grain elevator business
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Dance:

Sacramento Ballet cancels rest of its season
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Art:

a21 liquidation plan confirmed
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Art Financing Dispute Comes Full Circle
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Zombies:

Zombies endanger the United States
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Finance:

Libor Climbs to Two-Week High; Money Markets Reach ‘Crossroads’
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Accounting:

PwC left waiting by Satyam
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Identity Theft:

Data Breaches: On The Rise and Striking the Heartland
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Cross-Border:

Kaupthing wins foreign recognition
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Executive Compensation:

Executive Pay: Making Wall Street Pay It Back
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