Law:
Sources: Chadbourne Bankruptcy Partner Jumps to Weil
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Gibson Dunn Lays Off 36; Weil Gotshal Cuts Summer Program, Defers 1st-Years
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White & Case partner quits ahead of cull
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Heller Estate, Creditors Pursue Banks Blamed for Firm's Bankruptcy
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Skadden and Gibson Dunn Cut Staff; 11 More Skadden Attorneys Depart for New Boutique
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Skadden Cuts Staff Attorneys and At Least 25 Other Staff
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The Bell Tolls for Skadden Staff
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Are Layoffs Over? Most Law Firm and Corporate Lawyers Surveyed Think So
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Week in Layoffs
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The first signs of recovery?
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Latham's London revenue takes 12.8 per cent hit
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Stanford Exec Sues Proskauer Partner, Says He Put Her in SEC Frying Pan
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Deja Blue: Two Firms Axing Associates Again
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Switching Practice Areas Shouldn't Be Taken Lightly
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Weil Gotshal Cuts Back Summer Program, Defers Incoming Associate Class
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Warm Front Moves In On Cold Economy: What Practices Areas Are Hot With Hiring Partners Now?
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Payday Comes For Winstar Advisers In $320M Lucent Win
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Dead Firm, Meet Deadbeat Clients
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UBS institutes slow release plan for in-house lawyers’ bonuses
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Does Bryan Cave Know the Mysteries of AIG?
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Is Capitalism Dead?
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BigLaw Burnout
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At Least Somebody Is Getting a Raise This Year
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MegaFirm May Back Out of Deal for New Digs
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Former Covington Staff Attorney Hires New Lawyer for Discrimination Suit Against Firm
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Former Covington Staff Attorney Hires New Lawyer for Discrimination Suit Against Firm
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Booted Cohen Milstein Partner Wins a Round Against His Old Firm
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Firm Leaders: No Deal Before Wolf Block Dissolution
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Partner Won’t Have to Arbitrate Bias Claim against Law Firm, 3rd Circuit Rules
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Attorney to Challenge Office Raid After Arrest in Mortgage Scam Tied to Dominatrix Club
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Ex-Partner Gets 15 Years for Ripping Off Millions From His Firm
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Law Student's Trust Fund Started by Bernard Madoff and Wife
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Fox Rothschild to Open Conn. Office With Former Dreier Attorneys
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Opportunity Knocks in L.A.
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‘Bitter Lawyer’ Talks Wine and the Law
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Wake Forest Law Student Writes Novel While in Class
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UNC Law School Disavows the Disavowal of Wannabe Bunny
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Judges:
Scalia, the Laugh Leader
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Actually, He Is Kind of Heavy: Brother Judges Suspended Over One's Money Gaffes
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Wall Street:
US stock futures signal losses on automaker woes
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Japan Stocks Plunge on Developer Bankruptcy ; Carmakers Slump
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Hong Kong shares drop 3 pct after recent rally
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Stocks in Europe slide heavily in early trading
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Wall Street Gets A Haircut, Still Looks Good
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Morgan Stanley Says Sell
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Where’s the Plan, Wall Street?
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The shares that short sellers are betting against
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Bankruptcy Reform:
Dems seek bankruptcy changes
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Banking:
Geithner Says Some Banks Need ‘Large Amounts’ of Assistance
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This Time, Geithner’s Plan for Banks Makes Sense
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Obama calls on bankers to show 'sacrifice' over pay
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Survey Finds Banks Aware of Pay Flaws
(WSJ: separate paid subscription required)
Bank Watchdogs Snooze Before the Biggest Heists
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Treasury’s Watchdog Reviewing Backdating of Capital at Thrifts
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Bank Executives May Keep TARP Funds After Meeting With Obama
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Omni National Bank in Georgia Shut, 21st US Failure
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JPMorgan in No Rush to Pay Back Bailout
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Playing chicken with Citi’s Nikko Cordial
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Gambling:
MGM Pays Up To Keep CityCenter
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MGM Funds Save Big Vegas Project, for Now
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Health Care:
Frontline finds health care system ailing
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Sunwest investors wait and wonder
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Resorts:
Yellowstone Club Owner Blixseth Files for Bankruptcy
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Theme Parks:
Judge mulling Hard Rock Park license, royalty fees
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Theme parks feel the pinch
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Disney integration costing more 'cast member' jobs
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Newspapers:
Setbacks in Bay Area Add to Pain for The Chronicle
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US classifieds fall 60% in just two years
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Applications for journalism school on the rise
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Detroit newspapers hope fewer days can add up
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List: Newspapers that have cut publication days
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European Newspapers Find Creative Ways to Thrive in the Internet Age
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History:
How Crisis Shapes the Corporate Model
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Commodities:
Corn Plummets 31% as Soybeans Fall 28% in Recession Forecast
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Accounting:
Mark-to-Market Lobby Buoys Bank Profits 20% as FASB May Say Yes
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Retailing:
Why Circuit City closed
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Gottschalks to be Auctioned Monday
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Retail sales drop taking toll on malls
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Toy, luxury stores ordering for 2009 with caution
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Strasburg wins final DIP nod
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Celebs:
Michael Jackson memorabilia auctioned
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Vick's money goal: Make $10M annually out of prison
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Vick's plan: Get the court to let him keep assets
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Vick seeking book deal, newspaper says
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Tax:
Tax havens eye uncertain future after concessions
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Financial Literacy:
Free bankruptcy classes overflowing
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RVs:
Economic crisis threatens the RV industry
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Executive Compensation:
A Smarter Way to Set CEO Pay
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Economy:
Spending Growth Slowed in February
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Personal, disposable income falls in Feb.
(DBN Subscription Required)
U.S. Michigan Consumer Sentiment Index Rose in March
(DBN Subscription Required)
How Modern Depression Might Look -- If U.S. Gets There
(WSJ: separate paid subscription required)
The Education of Timothy Geithner
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Geithner's Great Risk: 'We Do Too Little, Not That We Do Too Much'
(DBN Subscription Required)
$135 billion left in US TARP bailout program - Geithner
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US Treasury Secretary: America Must Live Within its Means
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Krugman and the return to Ozzie and Harriet
(DBN Subscription Required)
Bernanke Seeks to Avert Pressures on Fed After Crisis Abates
(DBN Subscription Required)
'Perfect storm' puts all types in financial peril
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Economy: The Human History of Greed
(DBN Subscription Required)
An SUV is home for jobless duo
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Obama's call for unity is a concession to the G20 refuseniks
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For G-20, Lofty Goals Have Fallen to Earth
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Hang the Bankers! Getting Ready to Vent in London
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Fiscal stimulus plans of Obama and Brown find no favor
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G20 summit: Leaked drafts of Gordon Brown's 'Global new deal' plans
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Huffington Site Starts Project to Investigate the Economy
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Real Estate:
Home Mortgage Defaults Rise
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Looking at another side to foreclosure report
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Major LA landlord pursues bankruptcy filing
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Regulators see new role for Fannie, Freddie
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Did the Fed Cause the Housing Bubble?
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Subprime Swindlers Reconnected to Homeowners With Foreclosure Rescue Scams
(DBN Subscription Required)
Boston’s John Hancock Tower May Be Sold for Half of 2006 Price
(DBN Subscription Required)
Broker Offers Unemployment Insurance Plan for Home Buyers
(DBN Subscription Required)
High mortgage fees help keep US banks afloat
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Banks Starting to Walk Away on Foreclosures
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Mum is supposed to be the word on bankrupt developer in Antioch
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Mortgage Data Hints At Housing Market Floor
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Bankruptcy judge orders crater at 8th and Main to be sold at auction
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Strategy emerges for real estate workouts
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Home-loan modifier was no help
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Media:
Charter files bankruptcy, names restructuring chief
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Charter Braces For Lender Fight Over Bankruptcy Plan
(WSJ: separate paid subscription required)
"Queen of the Recession"
(DBN Subscription Required)
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Layoffs:
NC unemployment climbs to 10.7 percent in February
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Pink Slips Come With Fatter Severance
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Return of the Job Cuts
(DBN Subscription Required)
City Outlaws Layoffs :)
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EU, US Joblessness to Reach 10% This Year
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OECD Economies to Contract 4.2% Amid ‘Jobs Crisis’
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Hedge Funds:
Calpers seeks greater control over hedge funds
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G-20 Targets Hedge Funds as Leaders Near Consensus
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Art:
‘Broken’ Dealer Salander Is Arrested on Fraud Charges
(DBN Subscription Required)
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Student Debt:
Federal Court Bars Arbitration Over Student Loan Terms
(DBN Subscription Required)
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Corporate Reform:
Geithner flags 'new rules to the game'
(DBN Subscription Required)
Now for regulations
(DBN Subscription Required)
Proposed Rules Worry Hedge Funds, Private Equity
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Overhaul Targets Money Market
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Blackstone Rejects SEC Request for Fund Data as Fortress Agrees
(DBN Subscription Required)
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Finance:
Straight Talk from Geithner on Securitization
(DBN Subscription Required)
Study Predicts 50% Cut in Free Cash Flow
(DBN Subscription Required)
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Bonuses:
Geithner: Anger over bonuses understood
(DBN Subscription Required)
Shareholders Who Act Like Owners
(DBN Subscription Required)
Bonuses are a negative
(DBN Subscription Required)
AIG Bonuses as Fraudulent Transfers
(DBN Subscription Required)
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Insurance:
AIG delays funds to some real-estate ventures
(DBN Subscription Required)
What Did Mr. Cole See at AIG?
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Falling Credit Rating Costs AIG
(WSJ: separate paid subscription required)
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Sovereigns:
Rising Powers Challenge US on Role in IMF
(DBN Subscription Required)
Lithuania May Turn to IMF, EU for Loan
(DBN Subscription Required)
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Municipalities:
Smaller Cities Buck the Credit Crunch
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California Says Stimulus Money Won’t Trump Tax Rise
(DBN Subscription Required)
California leads the way to big government and bankruptcy
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New York Income Tax Rise Hinted as Budget Gap Grows
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Corporate Governance:
Good Faith, Bad Faith? Sizing Up the Big Lyondell Decision
(DBN Subscription Required)
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Oil/Gas:
Oil Falls a Second Day on Speculation Demand Will Remain Weak
(DBN Subscription Required)
Could Big Oil Benefit From Hard Times?
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Pensions:
Pension insurer shifted to stocks
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Elder Debt:
More senior citizens forced to declare bankruptcy
(DBN Subscription Required)
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Credit Counseling:
Bill targets debt-relief companies
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Defaults:
Heads Up for a Default Deluge
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Food/Drink:
BBQ chain readies for confirmation
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Personal Finance:
How Much Less Can You Spend?
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Consumer Debt:
Consumer Overindebtedness Around the World
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Telecoms:
Nortel sells Velocity business
(DBN Subscription Required)
______________
Chemicals:
TH Agriculture secures $6M DIP
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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)
Bankruptcy Jobs:
(1)-
(2)-
(3)-
(4)-
(5)-
(6)-
(7)-
(8)-
(9)-
(10)
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Autos:
US autos task force rejects GM, Chrysler plans
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The Administration Doesn't Like What GM and Chrysler Have to Sell
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U.S. to Guarantee GM, Chrysler Warranties Amid Restructuring
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GM, Chrysler close to bankruptcy
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U.S. Moves to Overhaul Ailing Carmakers
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Yen, Dollar Gain on Concern US Carmakers May Face Bankruptcy
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General Motors: 60 Days to Show Results
(DBN Subscription Required)
Obama Takes The Wheel In Detroit
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US can't run auto companies
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Henderson to lead overhaul of GM
(DBN Subscription Required)
GM CEO forced out in hard line by Obama auto team
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Wagoner takes the fall for GM
(DBN Subscription Required)
Resignation of bankruptcy-resistant GM CEO Rick Wagoner isn't the end of auto crisis
(DBN Subscription Required)
Chrysler’s Nardelli Is Said to Have Been Allowed to Stay in Job
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Wagoner resignation may stave off bankruptcy for GM
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GM’s Wagoner Steps Aside After Failing Obama Scrutiny
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Will Wagoner's Exit Put GM on the Road to Recovery?
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GM needs more radical surgery than the departure of Rick Wagoner
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Wagoner's departure means that symbolism matters
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Wagoner's ouster political and practical
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Wagoner's recent quotes underscore industry crisis
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The Steady Optimist Who Oversaw GM’s Decline
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GM CEO 'Steps Down': Scapegoating Has Begun
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Wagoner's fast rise, hard fall
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Statements from Wagoner, GM board
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GM, Chrysler Must Revamp Plans to Get More US Aid
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Chrysler faces tough tests to get $6 billion
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GM Bankruptcy - Will General Motors Survive with Bailouts and Buyouts?
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US Raises Auto Fuel-Economy to 27.3 MPG for 2011
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The auto cash giveaway
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Johnson Controls to Shut 10 Plants as Auto Sales Fall
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Fate of Hummer brand to be decided by Tuesday
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Auto dealers staring at financial iceberg
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Fiat CEO touts benefits of Chrysler deal
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Fiat won't cure Chrysler's ills
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Government may seek more auto givebacks
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GM, Peugeot CEOs forced out as auto woes deepen
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Harper Says Canada’s Automotive Plans Will Track US
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ElringKlinger Sees Sales Slump on Car-Parts Orders
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Hyundai Motor Seizes Chance as Crisis Slows Toyota
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Fraud:
Some Madoff Investors Complain Their Lawyers Were to Blame
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Madoff Firm Trustee Reaches Market Making Unit Deal
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Arm of Madoff's firm set to be sold to Castor Pollux
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DeGuerin on Stanford: ‘This is Not a Ponzi Scheme’
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Process for freeing remaining Stanford brokerage accounts near
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National Century Executive Gets 30 Years for Fraud
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HSBC Faces Securities Fraud Trial Over Predecessor’s Lending
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DIP Financing:
Emerging from US bankruptcy gets even tougher
(DBN Subscription Required)
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UK:
Brown: London can lead the new order
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King Becomes `Political Football' After Warning Brown on British Spending
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Nationwide takes over Dunfermline with state help
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Barclays Said to Opt Against Insurance After FSA Test
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UK Mortgage Approvals Rise After Interest-Rate Reductions
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UK House-Price Declines Slowed in March
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UK Banks, Financials May Cut 15,000 Jobs in Quarter
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Banks let 120 small businesses go under every day
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Home and company loans pick up
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Icelandic banks play hardball with British firms
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Offshore account holders offered tax deal
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Deloitte completes Waterford Wedgewood sale
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EU:
From Edinburgh to Paris to Kiev, Europe is revolting
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European Confidence Declined to Record Low in March
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Canada:
Credit card debt fueling bankruptcies, group says
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Harper Says Canada Must Do Everything Necessary to Fight Slump
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Harper Says He Would Support Bank of Canada Extraordinary Steps
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Xceed, Subprime Lenders Seeking Canadian Government Aid
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Japan:
Condominium developer Azel to begin bankruptcy procedures
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Japan’s Five-Year Notes Rise as Production Slumps, Stocks Fall
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Japan Output Slumps for Fifth Month as Exports Tumble
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Japan’s Manufacturing Shows Recovery Signs as Inventories Clear
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India:
India Bank Goes on Lending Spree
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Indian Banks’ Loan Growth Threatens to Miss Central Bank Target
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Australia:
Bankruptcies , liquidations on the rise
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Australia Corporate Bond Risk Rises, Bank Rates Little Changed
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Commonwealth Bank’s BankWest to Cut About 400 Jobs
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Australian February Newly Built Home Sales Rose 3.9%
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Russia:
Russian Economy Will Shrink 4.5%, World Bank Says
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Spain:
Spain Rescues First Bank in 16 Years
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Germany:
German Retail Sales Declined for 10th Month in March
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Merkel Won’t Give In to US Pressure
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Aareal Says Loan-Loss Provisions to Rise on Worsening Economy
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S. Korea:
South Korean Economy Shows Signs of Improvement
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