Law:
The Year in Bankruptcy: 2009
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Bingham Unveils Details on 'Hybrid' Associate Compensation Plan
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Bingham McCutchen: Lockstep Base Pay, Merit Bonuses — It’s a Hybrid Plan That Seems to be Working
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BigLaw Firm Back on March, Taking Three Bankruptcy Lawyers From Rival
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Seyfarth Shaw Adds Greg Yates as NY Bankruptcy Partner
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Large Firms Balk at Plans to Revamp Law School Recruiting Process
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What’s Up with Clerkship Bonuses?
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Ruden McClosky: "We're Not Dissolving"
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Willkie Farr posts falling financials for second consecutive year
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At Buchanan, Revenue Down, PPP Up
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Heller Ehrman Art Auction Exceeds Expectations
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Stuy Town Tenants Hire Paul Weiss
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Head Count Drops at Texas Firms
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Cravath Calls Airgas' Claims a Bunch of Hot Air
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Rothstein probe targets Adler
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Akerman task force to assist homebuilders
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In Rare Move, Federal Circuit Overturns Lower Court's Sanctions
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How Health Care Reform Setback Might Benefit BigLaw
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In Airgas, Air Products Smackdown, Cravath Hit With Shrapnel
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Ex-Client Loses TRO Bid to Ban Cravath in $5.1B Deal, But Could Win Next Round Next Week
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Feds May More Closely Scrutinize Attorney-Client Accounts to Close Money-Laundering Loopholes
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We Know About Cornell, But What about Vandy, GULC, Duke, Etc?
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Northwestern’s Gender Neutral — Possibly Hermaphroditic — Barrister ‘Rulers’
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The Most Wanted Law Schools: See Whose Applications Are Way Up
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Go-to Trial Lawyer Dies
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What GCs Want
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Report Criticizes Influence of Plaintiffs Lawyers
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Dear In-House Counsel for Macy’s: Buy a Shredder. HTH.
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Generation Y Attorneys Enter the Workplace
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Legal Battle Over Space Rock: If Lessee Owns It, Is He Liable to Landlord for Damage?
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First Jurors, Now Defendants Tweet Mid-Trial
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First Thing Lawyer Tells New Clients: Shut Down Facebook Account
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Lawyer looking for a lady to date
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Judge to Mitigate Damages Out of Pity For Philip Morris Counsel
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Say What?!
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Judges:
IL: Local lawyer appointed federal bankruptcy judge
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Because Kozinski Must Always Have His Fun
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Laura Grandy is new chief judge of bankruptcy court
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What if the gay-marriage trial judge is gay?
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Clarence Thomas, Sonia Sotomayor, and the Noble Lie
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Supreme Court arguments reveal an old-fashioned bench
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Federal Judge Blasts Attorneys for 'Bad Faith'
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Wall Street:
World Stocks Rise as Europe Debt Crisis Fears Ease
European Shares Rise For Third Day
Stocks Rally on Greece Hopes
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Paulson: 'I'm Not A Great Investor'
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Will We Ever Again Trust Wall Street?
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Layoffs:
How a New Jobless Era Will Transform America
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Downsizing Killing Workers, Economy
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AbitibiBowater subsidiary cuts 163 jobs
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GM's Opel plans to invest $11 billion, seeks $3.7 billion in aid; cuts 8,300 jobs in Europe | Washington Examiner
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Giving Up on the Conventional Resume
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Job openings at 1 per 6.1 unemployed
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DC: Decision Time on Long Term Employment
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Banking:
BofA, Citigroup rating outlooks negative-S&P
(DBN Subscription Required)
Fading crisis should galvanize bank boards
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Are damaged small banks worthy?
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Magazines:
Penton Media to File Bankruptcy to Cut Debt by $270 Million
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Trade publisher bankruptcy plan hits CLOs
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Symphonies:
Philadelphia Orchestra's Ticket Sales Add to Woes
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Tax:
IRS Chief Counsel Outlines Nondischargable Tax Debts in Chapter 13
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Celebs:
Lenny Dykstra Would Like to Give You Investment Advice
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Bankruptcy Lawyers to the Celebrities - organized alphabetically!
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Movies:
Studio Tied to Saints Dispute Ordered Liquidated
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Terminator Franchise Sold To A Hedge-Fund
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MGM enters second round of sale bidding, sources say
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Hotels:
Ritz-Carlton Exits Woebegone Lake Las Vegas
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Closing of hotel at Lake Las Vegas raises concerns of ripple effect
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2009 called 'the worst' for Valley hotels
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Regency buyers seek bankruptcy dismissal
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Small Business:
When States Can't Pay, Small Employers Face Cash Drought
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Economy:
Fed to Reveal Its Strategy for Raising Interest Rates
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Consumer Confidence Falls in February
Stimulus Spent? Only 34% of Total
Paulson Tells Buffett Banks to Repay 'Every Penny'
(DBN Subscription Required)
Paulson says nation may profit from bank bailout
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When Hank met Warren – a conversation between Paulson and Buffett
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Hank Paulson: George W. Bush Was 'Like a Mother' to Me
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Warren: Wall Street's Race to the Bottom
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Where Elizabeth Warren Got It Wrong
Businesses Reduced Inventories in December
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Consumers Spent Modestly in January
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Real Estate:
No Exit as Fannie, Freddie Flail
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Trillion-dollar CMO market looks vulnerable
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Tishman Speyer rival Brookfield buys debt in loan-to-own bid for DC assets
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FHA Loan Defaults Surpass 9%
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Silent Second Lien Risk to RMBS Getting Louder
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Products Tied to Mortgage Bonds May Face Peril
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Changing The Rules In Michigan's Bankruptcy Process
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Pulte Homes Narrows Loss
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Pulte Homes Posts Bigger than Expected Loss
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Nonperforming Loans Introduce Title Risks
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Latest from the Lembi Group: Chapter 11 filing
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December Drop Brings IAS Index Back to 2004 Levels
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Developer with CA Valley ties files for bankruptcy
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AHF: Turning point might be near
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330 Hudson St. taken back by Trinity
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New Valuation Tool Targets REOs
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Lawyer admits mortgage scam
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Ill. AG Files Suit on Reverse Mortgages
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Autos:
Majority of scrapped GM, Chrysler dealers file appeals
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Wegner Motor Sports files for bankruptcy
Inside Toyota's epic breakdown
(DBN Subscription Required)
Toyota's troubles could remake the auto industry
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Secretive Culture Led Toyota Astray
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Toyota Hit With Federal and State Claims by Stockholders, Vehicle Owners
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Kentucky town feels Toyota's pain
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Reasons Why Toyota Will Recover Quickly From The Recall Mess
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Opel’s Strategy Has Fewer Jobs and Less Capacity
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Fraud:
Rajaratnam to provide SEC with wiretaps
(DBN Subscription Required)
Rajaratnam Will Seek Separate Trial From Chiesi, Lawyer Says
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Galleon’s Rajaratnam, Chiesi Face Additional Charges
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Fund Manager Stein Sentenced to Nine Years for Fraud
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Stanford Investors May Get Some Funds, Receiver Says
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Alleged Stanford Shredders Lose Bid to Dismiss Case
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East Hampton 'Bag Lady' Tells How Madoff Took It All
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Tom Petters, Ponzi schemer, likely to face life sentence next month
Petters' daughter may receive cash set aside
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Judge again declines to pay Westgate receiver's bill
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Aviation:
UAL Buoys US Airlines After 'Blowout' Revenue Data
AAR Estimates Impact of Mesa's Bankruptcy on Third Quarter Results
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Horse Racing:
Maryland Jockey Club auction rescheduled
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Lehman:
US Bankruptcy Court flips English decision on flip clauses in Lehman Brothers case
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Lehman Examiner's Report Will Not Be Public -- for Now
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Retailing:
Boot Town Western Wearhouse's Chapter 11 plans accepted by Dallas court
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Food/Drink:
One Company’s Trash Is Another Zoo’s Treasure
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Interstate Bakeries creditors trust reaches $56M settlement
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Credit Reporting:
Catchy Tunes, But Is the Service Bogus?
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Corporate Governance:
Shareholder Suit: Hef Nixed Playboy Deals to Keep Busty Blonds, Other Lifestyle Perks
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Health Care:
Daughters of Charity health system looks to acquire Downey Regional med center
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The World of Long-Term Care Hospitals
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Valley Health System's plan to emerge from bankruptcy OK'd; challenges lie ahead
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COBRA subsidy extension now in draft jobs bill
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Bankruptcy Rules:
Bankruptcy Rule May Chill Investing, Lawyer Says
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Hedge funds vs. bankruptcy judges
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Gambling:
Atlantic City casinos post 8.5% decrease in revenue
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Religion:
Court to auction hot springs near Nome for sex abuse settlement
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Student Debt:
Predatory Lends and College Students
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Trucking:
YRC Worldwide Loses $899 Million in 2009
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New Bankruptcy Opinions
(No new opinions today)
Bankruptcy Court Web/Pacer Site Directory
Recent Ch. 11 Filings
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Corporate Reform:
Financial Regulatory Reform Isn't Happening
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US stock exchange heads take aim at "Volcker rule"
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S.E.C. Enforcers Focus on Avoiding Madoff Repeat
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Straight-Talking Former Federal Prosecutor Is Getting the SEC to Actually Apply Themselves
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TARP Watchdog Launches Audit of Bailout Contracts
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Committees:
Judge Bufford likes Websites
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Two More Decisions Issued On Whether Bankruptcy Rule 2019 Requires Informal Groups To Disclose Their Trades
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Penton, Movie Gallery, Rubicon, Chemtura, Aleris: Bankruptcy
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Municipalities:
Bankruptcy Bloodbath May Hit Muni Bond Owners Next
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Controller Says Harrisburg, Penn., May Default
(WSJ: separate paid subscription required)
Two Failing States: Greece and California
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Fiorina says Calif. bankruptcy could be considered
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Newspapers:
Star Tribune Staffers Buy Ad To Honor Ex-Colleagues
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Sovereigns:
Sovereign Debt Pain Just Beginning
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Telecoms:
Fairpoint Ordered To Pay Customer Rebates In Maine
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Labor:
The Wages of Recession: Average 2010 Raise Will Barely Cover Inflation
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Foundries:
Grede lands $60 million revolving credit agreement
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Accounting:
DOJ Continues Fight for Deloitte Records
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Half of accountants want a new job
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Ex-KPMG Associate Sets New Bar for Expense Reimbursement Abuse
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Defaults:
U.S. Speculative-Grade Default Rate Fell in January, Moody's says
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Derivatives:
Creator of Credit Default Swaps Now at AIG
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Compensation:
Investors Said to Pressure Morgan Stanley on Pay
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In Heart of the Crisis, Bank of America Exec Bought Ferrari, Rethought It
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Accounting:
Accountants waiting for better times to take new role
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UK:
Grant Thornton rescues Yokshire bakers
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EU:
The indebted economies of Southern Europe threaten the financial stability of the eurozone. The need for a bailout illustrates the flaws in monetary union
(DBN Subscription Required)
Euro falters, awaits details of Greece rescue
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UK, Sweden Split With Euro Region on Assisting Greece
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Anatomy of a Euromess
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Darkness Falls Over A Europe In Chaos, As German, Swedish, And UK Leaders Have Different Ideas For Solving Greece
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Is Austria The Next Euro Nation To Get Vaporized?
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New European Leadership Faces Economic Hurdles
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CDS Spreads Tighten for Greece, Portugal
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EU Nations' Reality - Greece's Woes Are Theirs, Too
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Canada:
Fraser Papers reaches three-year agreement with United Steelworkers locals
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Fraser Papers' Maine union accepts 8.5 per cent pay cut
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Nortel deal buys pensionsers little time
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Greece:
Europe Weighs Rescue Plan for Greece
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Greece's Papaconstantinou Unveils Tax Overhaul to Boost Revenue
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Germany Mulls Loan Guarantees
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Why a debt crisis in Greece matters to the rest of the world
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Germany Outlines Greek Aid Measures on Eve of European Summit
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Greece Grapples With Tax Evasion
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Greek Strikes Challenge Papandreou's Bid to Stop Fiscal Crisis
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Corporate Credit Risk Falls Amid Prospects of Greece Support
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Greece sticks to guns on wages, taxes
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Europeans Discuss Aid for Greek Debt
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China:
China confirmed as world's top exporter
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China Lists $9.6 Billion in Shares of U.S. Companies
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Senior Chinese Military Officers Propose Selling US Debt
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Spain:
The Pain of Spain is Mainly in the....Euro
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Germany:
German corporate bankruptcies rise again
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