Law:
And the First Week of Spring Brings . . . More Layoffs
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After Early March Mayhem, Law Firm Layoffs Slow: Month’s Total Nears 3,500
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Law-School Grads See Promised Jobs Put On Hold
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Dechert lays off 63 more lawyers
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Indy’s Bose McKinney Cuts 25
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Clifford Chance, Edwards Angell Lay Off Attorneys and Staffers
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CC lays off 24 associates in NY with more support cuts to follow
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Rapid Fires: Firm Axes 125 in Its Fifth Layoff in a Year
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Fried Frank: A Parade of Possibilities
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Baker & McKenzie bullied staff into cheap layoff deal?
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Talk About Turnover
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Firm Opens New Office With Raids on Rival, But Is a Stealth Layoff in Progress?
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Survey: 25% of lawyers say firms will hire
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Berger Singerman Adds To Bankruptcy
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A Miami law firm that had a major practice in bankruptcy and intellectual property is splitting up
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The Case of the Leisurely Laterals: A BigLaw Mystery Solved
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Summer Programs Survive at Most Big Texas Firms
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A closer look at the NALP summer numbers
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Shrinking BigLaw Summer Programs Down By As Much As 50%
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Weil Gotshal Almost Sets the Market With Incoming First Year Associate Deferral Dollars
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Should Associates Get Paid While On the Deferral Stipend
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A Conversation With Kenneth Klee
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Thirty from Wolf Block joining Cozen O’Connor
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Did WolfBlock Infighting Lead to its Demise?
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AIG Exec Turns to Gibson Dunn as Congress' Curiosity Intensifies
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AIG Bailout: Marshall Huebner, Davis Polk & Wardwell
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Lehman Bankruptcy: Harvey Miller, Weil, Gotshal & Manges
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Freddie Conservatorships: Harold Novikoff, Wachtell, Lipton, Rosen & Katz
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Vallejo Bankruptcy: Marc Levinson, Orrick, Herrington & Sutcliffe
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Washington Mutual Bankruptcy: Marcia Goldstein, Weil, Gotshal & Manges
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Federal Interventions: Thomas Baxter Jr., Federal Reserve Bank of New York
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FGIC Rescue: Corinne Ball, Jones Day
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Calpine, Solutia Bankruptcies: Richard Cieri, Kirkland & Ellis
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Bank of America's Merrill Lynch acquisition: Edward Herlihy, Wachtell, Lipton, Rosen & Katz
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Lawyers in HazMat Suits?: NY Leader Takes Role for US on Toxic Asset Purchases
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Top Google Lawyer Earned More Than You in 2008
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Casino Company Decides to Play Hardball With Milberg
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Corporate Debt: A Four-Letter Word
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Heller by the Numbers - Where Are They Now
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Heller Collects Only $8M of $77M
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The U.S.'s Fly on the Wall at AIG
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6th Circuit Tosses Ruling That Barred Proskauer Rose From Withdrawing as Counsel
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Dreier LLP Items Get Sold to the Highest Bidder
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Amid Recession, Peeple Find Ways To Relax
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3rd Circuit: Partner's Discrimination Suit Can Proceed Against Law Firm
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What is the right way to handle an office romance and remain professional?
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Former Partner Sentenced to 15 Years for Stealing From Law Firm
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Indictment Dropped Against Lawyer Over Advice to Clients
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N.Y. Lawyers & Dominatrix Allegedly Ran $50M Mortgage Fraud Scheme
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Judges:
8th Circuit Removes Federal Judge Over Angry Dismissal of Contract Case
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Top Pa. Court Reverses Perhaps 1,200 Juvenile Convictions
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Judge Gets Chance to Argue Corrupt Colleagues Orchestrated Her Ouster
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Wall Street:
US Stk Futures Weaker After Strong Wk Of Gains
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Economic optimism boosts stocks; Nasdaq up on year
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U.S. Corporate Profits Plunge
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Time To Invest?
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Geithner's radical remedy for Wall Street
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Banking:
Obama to discuss regulatory reform with bankers
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Top Bank Regulator Placed on Leave Pending Review
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Taxing times for the FDIC
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JPMorgan Said to Delay Contributions to Employees’ 401(k) Plans
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More bankers driven to drink
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Shareholders to wage war on Bank of America board?
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Diamonds are a banker's worst friend
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Swiss banks ban top executive travel; Concerns that employees will be detained
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IRS squeezes Swiss bank clients for evidence
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Societe Generale Cuts Around 10% Asia Pvt Bank Staff
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Newspapers:
Job cuts planned for NY Times, Washington Post
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New York Times Cuts Salaries 5%
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Closing arguments filed in Creative Loafing bankruptcy case
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Newspapers mixed on nonprofit proposal
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Tax:
IRS Reduces Offshore-account Penalty For Those Who Come Clean
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Tax Dodgers Multiply as ‘Underground Economy’ Cushions Job Cuts
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Insurance:
Cuomo to Subpoena AIG on CDS
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Inquiry Asks Why A.I.G. Paid Banks
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Top Risk Officers Remain at AIG
(WSJ: separate paid subscription required)
AIG Vilification Costs Firm, Loews CEO Tisch Says
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AIG Aircraft Unit Says Fed Approves Financing
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How Hard the Fed Looked for AIG's Potential Losses
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Oil/Gas:
Study Warns of Oil 'Aftershock'
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Crude Closes Above $54 for First Time This Year
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Crude Falls On Profit-Taking; Lingering Unease
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Accusations Goldman Sachs manipulated crude market and forced Semgroup into bankruptcy
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Oklahoma producers sue SemGroup oil and gas buyer
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Food/Drink:
Barbecue franchisee close to coming out of bankruptcy
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Home Bistro Foods Files Bankruptcy
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Agriprocessors auction pauses
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Health Care:
Was Silsbee hospital a bogus deal?
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Horse Racing:
Magna creditor questions track auction terms
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Theme Parks:
Rock park founders say they're due cut of profit
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Lehman:
After Nomura bonuses to ex-Lehman workers, firm may cut them
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Economy:
Jobless rolls swell again as recession persists
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G.D.P. Revised Down for 4th Quarter
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Geithner Call for Finance ’New Rules’
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Financial overhaul plan draws GOP opposition
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Plan for Financial Oversight Draws a Mixed Response
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Lacker Seeks Small Govt Safety Net, Questions Stimulus
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Senate Panel Clears $3.6 Trillion Budget
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Vultures don't do favors
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Treasury Is Mum Over TARP Funds
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Why the People Who Broke the Financial System Will Profit
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UN panel touts new global currency reserve system
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Lenders Would Hold Risk on Exotic Loans In House Bill
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Life is good for Nouriel Roubini, NYU's party-boy economist. But is the recession's best-known prophet a one-hit wonder?
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Real Estate:
Mortgage Rates Reach Historic Lows
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Growing Hope for Spring Selling Season
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Freddie Mac Sells 2 Smaller Note Issues To Good Demand
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Tousa will wind down
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Las Vegas Development Might File for Bankruptcy
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Meruelo Maddux Properties faces bankruptcy protection
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Bethany wins interim cash OK
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In Jet City, Allegations of Fast Deals and Fast Cars
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Bankruptcy auction planned for posh development
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Commercial real estate loan defaults skyrocket
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Disaster: Homestead, Fla., Hit by Foreclosures
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Mortgage Fraud Cases Are Straining the FBI
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FBI Is Speeding Up Some Financial Probes
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Foreclosure Rescue Gone Wrong
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Freddie Mac Loan Contractor Has Spotty Record
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Fed Takes Foreclosure Ads to the Movies
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Housing Plan Forces Collectors Into New Roles
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Layoffs:
Is Unemployment Near a Peak?
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New York City 8.1% Jobless Rate Is Highest Since 2003
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Google to cut 200 jobs
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Labor slams IBM for job cuts while seeking stimulus
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Tax relief set for unemployment benefits
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Economic uncertainty boils over in workplace
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U.S. Discourages Hiring Foreigners
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Retailing:
Ritz Camera gets bankruptcy OK to sell 400 stores
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Sport Chalet finds itself skiing uphill
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Wet Seal has 'difficult' 4Q
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Best Buy Reports a 10% Sales Increase
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Landlord may evict Appco from stores
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GE Cap tries to repossess jalopy jet
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Chinese firm wants to keep Gottschalks in business
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Time Running Out For Gottschalks
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Three firms in bidding for Gottschalks
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Magazines:
Print Version of Blender Magazine to Cease Publication
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Art:
Art Dealer Salander Indicted for $88 Million Fraud
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Arts take the stage before lawmakers
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McEnroe aced in art racket
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Economy turning world of arts blue
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Chrysler pulls plug on funding for arts
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Packaging:
Pliant wins final DIP approval
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Software:
BMM set for auction
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Corporate Reform:
Battles Over Reform Plan Lie Ahead
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Corporate Governance:
Unanimous Delaware Supreme Court Addresses Revlon and Caremark Issues in Lyondell
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Impact of regulatory reform on Delaware unclear
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Wall Street's recklessness has toppled the most exalted occupation in the land. Get ready, CEOs, for a new job description
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Derivatives:
Government May Regulate Credit Default Swaps and Hedge Funds
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Hedge Funds:
Hedge Funds, Buyout Firms Say Regulation Unstoppable
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Fear of the unknown plagues high-flying dealmakers
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Hedge fund redemptions to soar?
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Rank-and-file hedge fund employees to suffer
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Claim Allowance:
Technical Defects in Proof of Claim Not Grounds for Disallowance
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Early Retirement Benefits Not Entitled to Severance Priority
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Sovereigns:
Paradise goes bankrupt
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Mining:
Black Diamond sells assets
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Apex Silver digs out of Ch. 11
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Horticulture:
Green Valley cleared to tap cash
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Mass Torts:
CSX blames Pa. firm for asbestos forgery
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U.S. law firms eye global expansion of asbestos litigation
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Municipalities:
Alabama lawmakers file bills that could divert Jefferson County sales taxes to repay sewer debt
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A Downturn Wraps a City in Hesitance
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Obituaries:
Remembering Our Colleagues
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Cross-Border:
Independencia case recognized
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Museums:
New York museum traces path of financial crash
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Fashion:
Thom Browne Says He's Not Close to Bankruptcy
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Marc Ecko's Streetwear Empire Trying to Avoid Collapse
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New Bankruptcy Opinions
(2 new opinions 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:
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(8)-
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(10)
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Autos:
Obama Will Outline Auto Strategy ‘in Next Few Days’
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GM Unlikely To Meet Deadline
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Obama says automakers need 'drastic changes'
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7,500 G.M. Workers Accept Latest Buyout
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GM shares get a boost as workers take buyouts
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Late on a Car Loan? Meet the Disabler
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Mich. House weighs help to auto suppliers
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Chrysler couple takes buyouts, chart courses for new careers
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Thousands of departing workers still not enough for GM
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GM Said to Hire Commerzbank to Find Investor for Opel
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Germans Trust Their Savings With Carmakers
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European automotive recovery is a long way off
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Student Debt:
Student-Loan Default Rate Rises
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Fraud:
Arthur Nadel (Housemate of Bernie), Runs into Allen Stanford Conundrum
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Stanford Denies Running Ponzi Scheme, Lawyer Says
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Stanford 'Is Not Madoff'
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Stanford's Church-Building CFO Battles Fraud Suit While Praying for Flock
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In L’Affaire Madoff, the Spotlight Swings to Peter
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Madoff's Banker: Where Was JPMorgan Chase?
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Family victimized by Madoff fights for a refund
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Madoff's Bizarre Signature-Next to Paris Hilton's
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Madoff Employee Breaks Silence
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Ex-Con Tells Bernie What Prison Will Be Like
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Moody's Analyst Sues Firm, Says He Was Fired For Whistleblowing on Fraud
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Waste:
Fusella gets final OK to tap cash
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Humor:
The economy melts down, and stand-up comics joke
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Venture Capital:
Investors force Berkman into bankruptcy
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Celebs:
Vick neighbors ready for his return
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Cash-strapped former TV star holds garage sale
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'Grey's Anatomy' Actor Faces Eviction
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Gambling:
MGM Mirage Said to Hire Restructure Counsel; Payment Due Today
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Harrah’s Extends Debt Exchange Deadline, Scraps New Note Limit
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Tropicana unsecureds catch a break
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Dark cloud hangs over Terrible's
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Gambling ship bankruptcy
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Dragon City to be auctioned
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Aviation:
Grim Numbers Fail to Reflect Truly Terrible State of the Industry
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Aloha Airlines failure helped Hawaiian the most
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ATA Airlines will liquidate
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China's private airline faces bankruptcy amid huge losses
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Air France Slumps to Loss, Predicts Another Next Year
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Bonuses:
AIG Designed Retention With ‘No Knowledge’ of Crisis
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AIG’s derivatives janitors need a new pay scheme
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AIG Managers in Europe Leave Amid Bonus Spat
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AIG executive defends bonuses to Conn. lawmakers
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Stock Options Are Adjusted After Many Share Prices Fall
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Fitness:
Bally gets four more months
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RVs:
Monaco names potential buyer
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Fleetwood raises $80M DIP
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RV salesmen optimistic people will keep camping despite economy
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Awards:
Paul, Weiss Receives IFLR Americas Award for “Restructuring Deal of the Year”
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Weil Gotshal Wins 2009 IFLR Law Firm of the Year Award
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UK:
UK Recession Worse Than Estimated on Spending Slump
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Darling Wants Banks to Rebuild Trust
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Darling Signals He May Limit Further U.K. Stimulus, Has Concern on Deficit
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Brown Says UK May Need Further Stimulus, Plays Down Bank Rift
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London Protesters Threaten Bankers, Evoke Executions
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Canary Wharf's Songbird in danger over loan covenants
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EU:
Aided by Safety Nets, Europe Resists Stimulus Push
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Papademos Says ECB May Offer Longer Loans, Buy Company Debt to Aid Economy
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European Industrial Orders Plunge 34%, Most Since at Least 1996
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Baltic Bust Sows Entrepreneur ‘Panic’ in EU’s Worst Economies
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Serbia:
Serbia Receives $4 Billion Loan From the I.M.F.
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New Zealand:
New Zealand Economy Contracts 0.9%, Most in 16 Years, as Recession Worsens
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Mexico:
Mexico rebels at credit card rates, mulls limits
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Japan:
Japan on brink of deflation as CPI stalls
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Japan Retail Sales Fall Most in 7 Years
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Nippon Yusen Declines in Tokyo After Plunge in Profit
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China:
China Says Industrial Profits Down 37 Percent
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China Slowdown Stunts Entrepreneurs
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Australia:
Bankruptcy rates 'soar over small debt'
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Russia:
Rusal Plans to Pay Back Foreign Banks Within Five to Ten Years
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