Law:

Report Advises Firms to Trim Associate Bonuses, Unproductive Lawyers
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Citibank: 2008 bleak for lawyers
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Duane Morris Lays Off Additional Staff
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Marketing department layoffs - same as lawyer layoffs?
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Heller Ehrman Latest Law Firm to Push Back Associate Start Dates
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Layoff Watch: Morgan & Finnegan
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Summer Associate of Yesterday: Another Take on the Cradle Robber
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Rising Miami Legal Star Agrees to Plea Bargain
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Revenue Up 27% at World's First Publicly Owned Law Firm
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Note to West Coast Lawyers: The Federal Circuit Requires a Tie
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Note to East Coast Lawyers: Manage Your Trial Schedules With Care
(DBN Subscription Required)

ABA Releases Guide on Gender Bias in Firms
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Fulbright Associate's Got Rhythm
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N.Y. Comptroller Nets More Attorneys in Pension Probe
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Why Do Lawyers Lie? One Word: Narcissism
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High-Profile Dallas Firms Square Off in Big-Bucks Conflict Argument
(DBN Subscription Required)

Porn Star, Hooker, Law Student
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Ex-Associate, Paralegal Win Damages From Former Firm
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Six-Ton Jesus Triggers Malpractice Woes for National Firm
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Week's worst law firm website
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Cross-Examination Gone Bad: Angry Witness Accuses Lawyer of Dealing Drugs
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Say What?!
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Judges:

Judge Agrees to Step Down Over Letters Sent to Newspaper
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Judge of the Day: Ernest B. Murphy
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Aviation:

Frontier to add fee for frequent-flier tickets
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Union objections could be a sign of trouble ahead for Delta/Northwest
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Rising fuel costs and poor credit rating spells doom for Gemini - again
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Global airline industry seen losing $6 billion in 2008
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Is Your Private Jet Card Money Safe?
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Tables Turn On A Pilots' Union
(WSJ: separate paid subscription required)

Fuel crisis to bankrupt Russian airline alliance
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Wall Street:

European Stocks, US Futures Advance
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Lehman's Janulis, McKinney Leave as Mortgages Shrink
(DBN Subscription Required)

Burdened by Mortgages, Lehman's Options Narrow
(NYT: separate free registration required)

Lehman can be bought 'for nothing,' claims analyst Bove
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Worst Time to Sell Funds Since '02 Hurts Lehman, Wachovia Plans
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Lehman may face hostile bid, raised to "buy"
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Merrill leads Goldman in busted auctions
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Financial Follies
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Bailout may still leave investors unprotected
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Worldwide wipeout ahead
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Layoffs:

Abbott diagnostics cost cuts to trim 1000 jobs
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Celebs:

Atomic Kitten's Kerry Katona made bankrupt
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Sarah Jessica Parker Still 'Bitten' By Steve & Barry's
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Famous People Who Went Bankrupt
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Corporate Reform:

Conrad Black Loses Request for Appeals Court Rehearing of Case
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Oil/Gas:

SemGroup will not pay suppliers for pre-bankruptcy oil
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Food/Drink:

Second bankruptcy filing stirs cheese plant issue
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Quick Service Foods sells stores
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Real Estate:

Mortgage rate fall to 6.47%
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Most Home-Loan Delinquencies Kept Rising In July
(DBN Subscription Required)

The Fannie-Freddie Catch-and-Release
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Paulson's Fannie-Freddie 'Bazooka' Shakes Investors
(DBN Subscription Required)

The Final Fate of Fannie and Freddie
(DBN Subscription Required)

Buffett Says Fannie Mae, Freddie Mac 'Game Is Over'
(DBN Subscription Required)

Homebuilder's bankruptcy may be a cautionary tale
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Mortgages Ltd. checks to go out
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Trustee: Cedar Funding "Disaster"
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Real-estate returns were based on fantasy
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California developer faces more foreclosures in Austin
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Subprime Delinquencies Surge in July
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Commercial-Mortgage Bond Spreads Soar on Harlem Loan
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Economy:

Warren: The Path to Economic Growth: Bankruptcy
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Leading indicators show no quick recovery, plummet 0.7 pct
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Reports Offer Mixed Signs on the Economy
(NYT: separate free registration required)

More and More Experts Paint a Bleak Picture for the U.S. Economy
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Paulson Risks Goldman Standard as Fannie, Freddie Shares Erode
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More Road Kill on the Credit-Crunch Highway
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Buffett says economy's troubles will continue
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Oil futures suddenly come back to life
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Oil Rises
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One trader held 11% of Nymex contracts; speculation fears arise again
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Vitol 'not in the business of speculation'
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ARS:

Cuomo May Sue Merrill Lynch
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Merrill Agrees to Redeem Auction-Rate Securities
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Brokerages Face Inspections Over Auction-Rate Sales
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Firms settle auction-rate probes; but more to come
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Cuomo Snubs Treasurers in Auction-Rate Debt Rescue
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Jewelry:

Friedman's seeks bankruptcy-plan extension
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Health Care:

Debt, market weigh on Ore. retirement home firm
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Flagship Global Health to liquidate
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Nursing home seeks court shield
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Sequoia looks to sell clinics
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Politics:

The Swift Boat of Subprime
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McCain: 'The Fundamentals Of The Economy Are Strong'
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Hillary still deeply in debt
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Corporate Reform:

Despite 'Stoneridge,' Fraud Claims Proceed Against Bristol-Myers Executive
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Gambling:

Company board granted control over Tropicana
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Nevada gambling panel OK's Tropicana restructuring
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Chemicals:

NYSE's preparing to drop Tronox
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Corporate Governance:

Recent Delaware Court Rulings Highlight Need for Review of Director Indemnification Arrangements
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IP:

Affinity downplays its bankruptcy filing
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Telecoms:

Judge OKs Empire State sale
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Movie Reviews:

"I.O.U.S.A."
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New Bankruptcy Opinions
(No new opinions today) 

Bankruptcy Court Web/Pacer Site Directory

Chapter 7, 12 & 13 Private Trustee Locator
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Recent Ch. 11 Filings
(DBN Subscription Required)

Bankruptcy Jobs:

(1), (2), (3), (4), (5), (6), (7), (8), (9), (10), (11)
(DBN Subscription Required)

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Retailing:

Bay Harbour wins auction bid for Steve & Barry's
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Steve & Barry's Stalks Its Buyer
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Founders buy back into Steve & Barry's
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Kohl's new CEO sees further pressure on consumer
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Sears' chief marketing officer, home services executive leaving
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Professional Fees:

Article on Professional Fees in Chapter 11 Cases
(DBN Subscription Required)

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CDOs:

Taking stock of CDOs - Could have seen it coming . . .
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Banking:

National City Holds Hidden $1 Billion Stake in Visa
(DBN Subscription Required)

Regions May Need to Raise $2 Billion
(DBN Subscription Required)

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Municipalities:

If no resolution by September 1, they recommend bankruptcy
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Jefferson County Mayors For Bankruptcy
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Vallejo Workers Told To Keep Quiet Over Bankruptcy
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Fitness:

Fitness-club firm to liquidate
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Credit Cards:

Ailing Small Businesses and Beleaguered Housing Market Affect American Express
(DBN Subscription Required)

Credit card solicitations fell nearly 8% from the first quarter to the second quarter of this year
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Autos:

Delphi bondholders protest new $300M loan from GM
(DBN Subscription Required)

Dana to sell Ohio HQ
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Blue Water may have buyer for Howell Twp. plant
(DBN Subscription Required)

BHM Technologies nears Ch. 11 exit
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Auto parts suppliers may face 2nd bankruptcy
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Highland Capital seeks to block Delphi loan
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Distressed Investing:

Zell Focusing on Debt Investing While Awaiting Housing Rebound
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Alternative Fuels:

Wyoming Ethanol gains second OK for DIP, cash use
(DBN Subscription Required)

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UK:

'Large Number' of Banks Mis-Marked Assets, UK Regulator Says
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Debtors must pay for their 'moral failure'
(DBN Subscription Required)

Slump Could Mirror 1990s, British Regulator Says
(NYT: separate free registration required)

Bankruptcy fears for families as average debt hits £60000
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U.K. Economy Grinds to Halt in Quarter
(NYT: separate free registration required)

Pound tumbles as UK growth comes to a halt
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Mortgage rates fall back to 2007 levels
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Esporta auction drags on
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Singapore:

New bankruptcy law prevents abusive application by borrowers
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Japan:

Urban Corp. Rises on Speculation Merrill May Bid
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Russia:

Khodorkovsky parole appeal denied
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Canada:

Osler Counsel Defends Workout of Canadian Asset-Backed Securities
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