Law:
Study: US Government Will Need to Go on Hiring Binge, Legal Jobs Included
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ABA Slams Bankruptcy Code Provision
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Kramer Levin, Dechert Lead Gyms Out of Bankruptcy
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New software program poses threat to PACER
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Third Time's the Charm: BigLaw Firm Swings the Ax Again
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As Pay Cuts and Layoffs Abound, Some Associates Are Actually Getting Raises
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Partner Emeritus, Meet Biff -- You Could Learn Something
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Partner promotions down a third this year at top 50 UK law firms
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$8B Suit Stalled as Members Press to Disqualify Debevoise
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Partner Promotions at Top UK Firms Fell 33% Over Past Year
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Bob Bennett Leaving Skadden for Hogan & Hartson
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Bennett, Known for Media Savvy, Watches His Words
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Firm Hasn't Paid Partners Profits Since November, Some Grumble About Lateral Moves
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Kirkland Lays Off Associates in NYC, DC and Chicago
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Sonnenschein Makes More Cuts
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Drawing the Right Lessons from the Bleak Entry-Level Legal Job Market
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Bryan Cave Offers Incoming Associates 'Go Away' Money
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Lawyer Takes Fraud Suit Against Proskauer to Nevada
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Heller Judge Orders Mediation Talks
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Brockovich law firm felled by litigation
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Firm With International Ambitions Gets Tougher on Partner Reviews
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Study: The Better the School, the Less Happy the Associate
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Client Sues BigLaw Claiming Shoddy Work, Inflated Bills
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Pls Hndle Thx: The Wedding Braggers
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Notes from the Breadline: We're All in this Thing Together (Walking the Line Between Faith and Fear)
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Sheppard Mullin Potty Puddle Watch: Make sure to wipe the seat, ladies.
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Bargain JDs
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A Failure of Research: Posner on Law Professors and the Financial Crisis
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ABA Should Publish Better Job Info for Naive Law Students, Prof Says
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Hard Times Hit Newby Lawyers in Korea
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Say What?
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Judges:
Female Lawyers with Masculine Names May Have a Better Shot at Judgeships
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Supreme Court Retirement Watch: More on Justice Stevens
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Trading a Wrench for the Bench
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Wall Street:
Stock futures signal gains; eyes on jobs data
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US Stocks Gain as Retail Sales Beat Forecasts, China Rallies
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Losing Streak Ends at 4 for Dow
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AIG and Lehman Brothers are born again
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New Masters of Wall Street
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Layoffs:
National and State by State Unemployment Rates
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US jobless claims fall in latest week
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1.3 million to lose jobless benefits by year's end
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Finance Layoffs: M&I, Bank First National and more
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UNC System schools announced plans to cut 900 administrative staff members
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380 employees at the Maui Prince Hotel in Hawaii received layoff notices following the announcement of foreclosure proceedings against the hotel
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Maui Prince Hotel not closing
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TTM Technologies will cut its staff by 347
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Layoffs toughest on workers young, older
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Firms Fight Slump With Pro Bono Work
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Discovery:
Delaware Bankruptcy Judge Rules 2004 Exam Proper Even Though Four Adversary Actions are Pending
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Tax:
Taxman builds elite team to tackle Swiss evasion
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Exemptions:
Are You a Work Horse?
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Hockey:
Balsillie raises bid for Phoenix Coyotes to $242.5 mln
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Balsillie pushed back Coyotes deadline, offers $50M to Glendale
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Glendale city council to discuss Balsillie's new Coyotes proposal
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Bettman rips idea for midseason Coyotes' move
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Coyotes' ruling may be delayed
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Balsillie lawyer spices up courtroom drama
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Consumer Debt:
Consumers With Good Credit Linked To 'Strategic Default'
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Derivatives:
Derivatives in Bankruptcy -- part 1
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Fraud:
Madoff's sons, brother may face civil charges
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After Its Madoff Report, Can Victims Sue the SEC?
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Bernie Madoff and the Unfortunate Consequences of Celebrity Bias
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Madoff case may bring new whistleblower bounties
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Congress to probe SEC's lapse on Madoff
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Stanford has leg surgery
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Stanford Investors, Unlike Madoff's, Won't Get Their Money Back From SIPC
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Madoff Thought Jig Was Up in 2006, But SEC Didn't Check Trades
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Accused of $74M Loan Fraud, Nemazee Did it Again - Twice, Prosecutors Say
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Barry Stokes gets 12 years in $19 million swindle
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Receiver named in BBC Equities case
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Banking:
Banks targeted by burned LBO investors
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Buyer's remorse for Wells Fargo?
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Deutsche Bank Chief Says Lenders Learned From Crisis
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Health Care:
Insured, but Bankrupted Anyway
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Does the US Really Account for So Much Pharma Profit?
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IRS would become Obamacare's enforcer
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Bankruptcy court approves $5M sale of Oscient drug
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Is Practicing Defensive Medicine Needlessly Costly?
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The myth of American medical superiority.
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Art:
Affordable Art Keeps Gallery Afloat
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M&A:
Kraft's $16.7 Billion Cadbury Bid May Thaw Mergers
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Avoidance Actions:
Whitehall Jewelers Files Over 90 Preference Actions in Delaware Bankruptcy Court
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Economy:
More Americans Than Anticipated File Jobless Claims
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What To (Really) Watch In The Jobs Report
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US hiring outlook dips, better elsewhere: Manpower
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Did the Stimulus Save the Economy?
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Fed's Fisher Says U.S. Likely to See Prolonged Period of `Sluggish' Growth
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Stiglitz Sees `Significant' Chance of Another Contraction in U.S. Economy
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Clarium: recovery isn't sustainable
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Barack Obama is committing the same mistakes made by policymakers during the Great Depression, according to a new study endorsed by Nobel laureate James Buchanan
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China alarmed by US money printing
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Stimulus Progress Bar: Spending Varies Greatly by Agency
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Food stamp list soars past 35 million... New record; up 22 percent from June '08
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Bailout Update: $393 Billion Outstanding
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Geithner Pushes for Tough Global Capital Rules
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G20 expected to discuss exit strategies
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South Korea, Australia Say Early Stimulus Withdrawal May Derail Recovery
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European Countries Call on G-20 to Tackle Bonuses
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Turning Point for the Global Recession?
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Gold Nears $1000 in London on Increased Demand for a Haven
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Economic Stress Index
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Economy Tracker Map
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Recovery Index
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Real Estate:
Judges' Frustration Grows With Mortgage Servicers
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Saving homeowners - 1 at a time
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Banks Report Troubled CRE Loans, REO Properties Reach $44.4 Billion
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Fitch 'Concerned' with 17% of US CMBS Portfolio
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Capmark Negotiating Mortgage Unit Sale to Stave Bankruptcy
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Capmark May File for Bankruptcy After Quarterly Loss
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Capmark's troubles show impact of commercial-property losses
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Berkshire, Leucadia In Pact To Buy Capmark Mortgage Operations
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Prices Rise 7% Nationwide
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Tranche Warfare: Mezzanine Lenders Stepping Into Foreclosure Fray
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SilverLeaf Expands Distressed Asset Purchases in Massachusetts
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Shares fall sharply for Hovnanian Enterprises
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Florida fund has black eye from Stuytown deal
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Fannie/Freddie: Double, Double Mortgage Trouble
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KKR’s Real-Estate Crisis
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WCI Emerges from Chapter 11
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Bankruptcy Judge Grills Wells Fargo Over Loan Modifications
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Beware of This Distressed Homebuilder
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LPS Sees Foreclosure Inventory Rise 89.6% from 2008
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Lender sued over Lake Las Vegas loans
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Reluctant Landlords Better Off Selling…Even at a Loss
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Prime Jumbo Trouble: The Foreclosures Keep Coming
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Lehman:
PwC fine-tuning $100bn Lehman clawback claim
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Lehman Leftovers Lift On Wave Of Speculation
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The Death of Lehman: Closing in on One Year
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How the collapse of Lehman Brothers pushed capitalism to the brink
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Landing After Lehman
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Not in the fuld
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Fuld eyes moles in new book
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Lehman failed due to communication breakdown
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Corporate Reform:
As CFTC and SEC meet, Schapiro OKs searing Madoff report--why now?
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What About Forum Shopping?
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Wall Street's CDS revenue grows as regulators debate
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Can We Really Protect Consumer Finances?
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Schumer eyes proposal to hike funding for post-Madoff SEC
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Backdating News: Former Monster Exec. Gets Two Years
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SEC, CFTC May Sharpen Rules on Market Manipulation
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SEC May Send Staff to 'Fraud College' to Detect Future Madoffs
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Municipalities:
Detroit takeover viewed as last resort
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The Lure and Limitations of Bankruptcy Restructuring for Municipalities
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States Shut Down to Save Cash
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Judge Refuses to Block R.I. Shutdown
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Alabama's Jefferson County to extend debt deal
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Property Rights:
Thy neighbor's corn
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Personal Finance:
8 Recession Road Trip Games
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Newspapers:
Sun-Times closing Chicago-area printing press
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Sun-Times Said to Be Reorganizing on Stalking-Horse Bid
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Canada newspaper threatens to cease publication
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Distressed Investing:
Buyout Shops Pounce on Bankrupt Targets
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The Four Questions of Distressed Investing
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KKR targeting bankrupt companies
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Celebs:
Ex-Met Dykstra Accused of Taking $40,000 Stove After Bankruptcy
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Dykstra Loses Control of His Bankruptcy Case
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Lenny Dykstra Wiffs in Bankruptcy Case
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Bonds:
Bond rally should make investors nervous
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Student Debt:
Student Debt Grows Dramatically
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Private Equity:
Monthly PE-Backed Bankruptcy List: The Mega-buyouts Are Beginning To Crack
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Lower Debt? More Flexibility? Sounds Great So Far
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Big Buyout Firms Suffer Steep Pay Drops
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Property of the Estate:
8th Cir BAP Rules Social Security Proceeds Not Property of the Estate
(DBN)
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History:
Bankers, pawnbrokers, actors, jugglers, acrobats, quacks, and brothel keepers...in 16th Century Holland
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New Bankruptcy Opinions
(1 new opinion today)
Bankruptcy Court Web/Pacer Site Directory
Chapter 7, 12 & 13 Private Trustee Locator
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Recent Ch. 11 Filings
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Bankruptcy Jobs:
(1)-
(2)-
(3)-
(4)-
(5)-
(6)-
(7)-
(8)-
(9)-
(10)
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This Week's Poll:
Rank and file employee claims for unpaid wages should receive a priority in assets above secured creditors
Click here to vote and click here to see results |
Last Week's Poll Results (Are bankruptcy lawyers compensated at market rates?)
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Bankruptcy Statistics:
Business bankruptcies hold steady
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Bankruptcy Humor:
Bankruptcy Bill
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Mass Torts:
West Virginia judge announces intent to dismiss the case filed by CSX against a radiologist over faulty x-ray readings
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Autos:
Hayes Lemmerz wins nod on bankruptcy plan
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Cooper-Standard wins final DIP nod
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Judge Approves JL French Restructuring Plan
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GM-Delphi deal drawing closer
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The power behind the throne at GM
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International auto practice launched by CB Richard Ellis specializing in auto dealership real estate
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US approves GM plans to buy certain Delphi assets
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'Clunkers' Program Has Repaid 17% of Dealer Filings
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How Germany's Attempt to Save Opel Failed
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Opel workers threaten to withdraw concessions
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Opel Trustees Said to Gather Sept. 10 to Discuss GM Decision
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Why GM Is No Longer In a Hurry to Sell Opel
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The hands GM board could deal in Opel poker
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Rating Agencies:
Negligent Misrepresentation and Rating Agencies
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Judge says 2 ratings agencies must face claims
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Moody's, S&P Parent McGraw-Hill Fall After Lawsuit Advances
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Food/Drink:
Who Made a Killing in the Pilgrim's Pride Deal?
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Brazil Food Co JBS Fast Becoming Turnaround Specialist
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Pensions:
Retirees' quest to regain health benefits can continue: Court
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Accounting:
The Day the Audits Died
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Smaller firms clean up as recession sees audit clients shun the Big Four
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PCAOB Appears to Be Taking After Big Brother
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Where are Deloitte's Revenue Results?
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Insurance:
Hayes Named To Lead N.Y. Liquidation Bureau
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Large Cats Could Drain Global Capital
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Zurich Net Income Drops 53% As Recession Takes Toll
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Retailing:
Back-to-School Season Results Are Weak for US Retailers
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Retailers Post More Same-Store-Sales Declines
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Will Weston get involved in Barneys?
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Hotels:
Debt Clouds Future of Fontainebleau
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Telecoms:
Bankruptcy Judge Slams Charter Founder Allen
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Oil/Gas:
Natural Gas Declines to Lowest Level Since March 2002
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Palm Energy, Pisces Energy file for Chapter 11 protection
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Religion:
Jesuit Bankruptcy
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Radio:
Company behind failed ND radio station effort declares bankruptcy
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Committees:
Upcoming DE Organizational Meetings
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Corporate Governance:
Shareholders at the Ballot Box
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Politics:
Treasury Pick Owes at Least $10.5 Million on Investment Deals
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Gambling:
Las Vegas Sands: Too Big to Fail?
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Aviation:
Lufthansa's Debt Rating Lowered to Junk by Moody's
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UK:
Over 5,000 retailers to go out of business next year
(DBN)
Barclays Fined $4 Million by FSA for Report Failures
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IPA lukewarm on company rescue consultation
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Sexism in the city - poor pay, worse jobs and terrible bonuses
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EU:
European Central Bank Warns of a Patchy Recovery
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Call Grows in Europe to Limit Bonuses
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EU big three’s bonus attack misjudged
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Canada:
Canada Unexpectedly Posts First Job Gain in Four Months on Finance, Retail
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Traveller's Inn hotel chain files for bankruptcy
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Iceland:
OECD says Iceland should sell banks
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Cayman Islands:
Trouble in paradise
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Germany:
German Industrial Output Declined in July After Rising in June
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Japan:
Japan Corporate Bankruptcies Fall on Stimulus, Credit Programs
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