Law:

Thelen Lays Off 26 Associates, 85 Staffers
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Layoff Watch: Thelen Reid Brown Raysman & Steiner
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Thelen Cuts 26 Associates, 85 staff
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What Does a Sullivan & Cromwell Partner Make? NY Judges Can't Agree
(DBN Subscription Required)

DLA Piper Saw Revenue Grow by 18.8 Percent in 2007
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BigLaw Firm Grows Revenue 11 Percent, RPL 8.5 Percent
(DBN Subscription Required)

Why Are Wet Whiners at Winston?
(DBN Subscription Required)

Would You Do It Again? (And: Which firms' associates have no regrets?)
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Melvyn Weiss Expected to Plead Guilty
(DBN Subscription Required)

Judicial Watchdog Seeks Suspension for Judge Linked to Scruggs
(DBN Subscription Required)

Scruggs asks Ole Miss to remove his name from building
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Miss. Bar Wants Scruggs' License Pulled
(NYT: separate free registration required)

In Saga of Scruggs & Son, Will There Be Blood?
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External funding booms as litigators plot upturn
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Former Firm Chairman Takes the Stand in Rosenthal v. Sonnenschein
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Law Firm Handles Florida Region's Biggest Bankruptcies
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Vendor Sourcing Cuts Firm Costs
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Workin' From Home in 6-Minute Increments
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Debtor charged with faxing death threats to judge
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You Are All Diseased
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Trial Lawyer Finds Inspiration in Movie "Animal House"
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Former FBI Agent Investigates 'Naughty' Federal Judge; Randy Judge Is Under Investigation for Alleged Judicial Misconduct
(DBN Subscription Required)

GC Rallies Lawyers in 73 Firms and a Dozen Companies for Hillary
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The Trial of St. Mark
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Attorney's $15 Million Libel Lawsuit Against 'Law & Order' Creators, NBC Goes Forward
(DBN Subscription Required)

Zuckerman to Close Miami Office in Wake of Exodus to Carlton Fields
(DBN Subscription Required)

Case Tests Whether Malpractice Insurer Must Be Told When a Client 'Kvetches'
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Heir Sues Over 147-Year-Old Promissory Note, Claiming $22.7M Due
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Lawyer's Magic Hobby Invites Jokes
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Contempt Upheld for Ex-Lawyer Who Called Judge "Delusional"
(DBN Subscription Required)

Legal Assistant Spent $1.4M of Firm Trust Money on Herself
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Fiona Shackleton's hairdo: You decide
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Using 3L Free Time Productively
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Cruise line to seek fees in attorney scandal
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M&A:

Goldman, Lehman Reduce Loan Backlog With Discounts
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Clear Channel buyout in confusion
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Corporate Reform:

Brocade executive sentenced in backdating case
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Nacchio Legal Costs Keep Rising
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Nacchio prosecutors want more time to decide next step
(DBN Subscription Required)

House bill could give Fed reign over SEC
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More regulation of investment banks eyed
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Autos:

Chrysler sees "big" drop in March US sales
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Chrysler, Ford say they're ready for further economic downturn
(DBN Subscription Required)

Detroit Automakers Prepare for Worst Sales Year in a Decade
(DBN Subscription Required)

Ford falls short of buyout target
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Not all of the Big Three may survive
(DBN Subscription Required)

Chrysler, Ford Continue To Push Turnarounds
(WSJ: separate paid subscription required)

Chrysler 'like a $60 billion startup,' Nardelli says
(DBN Subscription Required)

Auto executives weigh impacts of US economy
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Judge approves Delphi executive bonuses
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Delphi says makes some progress on exit financing
(DBN Subscription Required)

Dana sales increase, but loss grows
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Holley races 'round Ch. 11 track
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All three metro Detroit counties show decline
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Bellwright Industries in bankruptcy
(DBN Subscription Required)

______________

Banking:

Citigroup to Cut 2,000 More Jobs
(NYT: separate free registration required)

Bear bailout may bring support for bank bonds
(DBN Subscription Required)

Credit Suisse Warns Of 1Q Loss On Market Woes
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Credit Suisse slashes 2007 profit forecast after internal probe
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Put banking regulators on hot seat, too
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Horse Racing:

NYRA bankruptcy hearing postponed
(DBN Subscription Required)

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Environmental:

EPA orders Asarco to clean up homes in Hayden, Winkelman
(DBN Subscription Required)

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Health Care:

Judge orders Adams to vacate Philipsburg hospital
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Judge OKs $45M hospital sale
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AMH turning around, says CEO
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Insurer insolvency may put docs on hook for malpractice payouts
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Witness offered millions to 'have amnesia' - Offeror said about bankruptcy judge: "cut him up in pieces and feed him to the fish"
(DBN Subscription Required)

Uninsured people die sooner
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Bad Debt Expected to Burden Hospital Industry in 2008
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Mass Torts:

Asbestos Litigation - Where We Have Been, Where We Are Now, Where We Are Going
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Philadelphia Jury Awards $25.2 Million in Asbestos Case
(DBN Subscription Required)

New W.R. Grace DIP approved
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The tombstone at Ground Zero
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Printing:

Judge approves Boyd Printing plant sale
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______________

Bankruptcy Crimes:

Woman indicted on bankruptcy-fraud charges
(DBN Subscription Required)

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Record Industry:

Rapper Dr. Dre seeks Death Row documents
(DBN Subscription Required)

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Fraud:

Miami businessman faces federal fraud charges
(DBN Subscription Required)

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Hedge Funds:

Returns dwindling, so hedge funds gamble on distressed mortgages
(DBN Subscription Required)

______________

Real Estate:

Thornburg Seeks $1 Bln to Avert Bankruptcy Risk
(DBN Subscription Required)

Shareholders Bear Brunt of Thornburg's Pact With Lenders
(DBN Subscription Required)

A Price Too High?
(NYT: separate free registration required)

Class Of Katrina Victims Says Countrywide Tricked Them
(DBN Subscription Required)

Commercial property prices continue to slide
(DBN Subscription Required)

TOUSA delays annual filing
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Fannie, Freddie Surplus Capital Requirement Is Eased
(DBN Subscription Required)

Fannie Mae to be 'disciplined' with capital
(DBN Subscription Required)

$200B added to mortgage pipeline
(DBN Subscription Required)

Soothing the Mortgage Markets
(DBN Subscription Required)

7 More Mortgage Ops Shut Down Operations; Thousands More Out of Work
(DBN Subscription Required)

Fed keen to engineer fall in home loan rates
(DBN Subscription Required)

Carlyle Capital Stuck On The Stock Market
(DBN Subscription Required)

Judge clears New Century liquidation plan for vote
(DBN Subscription Required)

Bank Issues Cloudy Forecast for Commercial Landlords
(DBN Subscription Required)

Housing bust fuels blame game
(DBN Subscription Required)

The Affluent, Too, Couldn't Resist Adjustable Rates
(NYT: separate free registration required)

Bargain hunters start to snap up homes as prices return
(DBN Subscription Required)

Where To Find Million-Dollar Foreclosures
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California Leads US in Defaults, Price Drop, Slowing Growth
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Fight over HomeGold witnesses in Supreme Court
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1031 Tax Group founder nabbed
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Mississippi leads nation in late home payments
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FBI Probes Banks: 'Not Doing Due Diligence'
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Mortgage Brokers Take Jobs Advising Anxious Borrowers
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______________

Wall Street:

Higher open seen
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How Would Shareholders of Bear Fare in Delaware?
(DBN Subscription Required)

Rival bidders could pose legal challenges to Bear deal
(DBN Subscription Required)

JPMorgan fights to keep top Bear staff
(DBN Subscription Required)

Bear Stearns' Cayne, holder seek rival bid
(DBN Subscription Required)

Bear Stearns Shareholder Math
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Trading with Bear Stearns resumes amid grim future
(DBN Subscription Required)

Congress Delves Into Bear Rescue
(WSJ: separate paid subscription required)

Why Another Buyer Won't Show Up For Bear Stearns
(WSJ: separate paid subscription required)

Bear's Grassy Knoll
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Putnam makes good bet against Bear Stearns
(DBN Subscription Required)

British Billionaire Joseph Lewis Plans Action to Protect 8.4 Pct Bear Stearns Stake
(DBN Subscription Required)

Suddenly, Bear Stearns brokers are a hot commodity
(DBN Subscription Required)

Dimon Offers Bear Stearns Bankers Stock, Cash to Stay
(DBN Subscription Required)

At Bear Stearns, Meet the New Boss
(NYT: separate free registration required)

Deutsche Bank was only major European Bank to bid for Bear Stearns
(DBN Subscription Required)

Can Bear Stearns Shareholders Turn Down The Deal?
(DBN Subscription Required)

Rival bidders could pose legal challenges to Bear deal
(DBN Subscription Required)

The Fed's risky precedent
(DBN Subscription Required)

Hedging the Bear Stearns Deal
(DBN Subscription Required)

SEC Eyes Bear Stearns' Comments
(DBN Subscription Required)

New York City concerned about possible Bear Stearns deception
(DBN Subscription Required)

Citic's Close Call with Bear Stearns
(DBN Subscription Required)

Dow Gives Up 293 Points; Gold and Oil Plunge
(NYT: separate free registration required)

Market sinks on oil, recession fear
(DBN Subscription Required)

Paris shares close down
(DBN Subscription Required)

FTSE drops as UK bank fears eclipse US rate cut
(DBN Subscription Required)

_____________

Brokers:

The Risks Associated with Financial Counterparties
(DBN Subscription Required)

______________

Credit Cards:

Visa stock soars in market debut
(DBN Subscription Required)

Banks in Visa consortium score windfall
(DBN Subscription Required)

Citi's Card Trust Defaults Grew 51% in February
(DBN Subscription Required)

Discover Charges Off $205 Million in Card Debt
(DBN Subscription Required)

We need a credit card revolution
(DBN Subscription Required)

______________

Bonds:

Merrill Sues SCA'S XL Unit to Maintain CDO Insurance
(DBN Subscription Required)

______________

Tech:

Pay By Touch to Shut Down All Biometric Services Immediately
(DBN Subscription Required)

______________

Construction:

Southern Building Products Enters Ch 11
(DBN Subscription Required)

______________

Derivatives:

Caveat counterparty
(DBN Subscription Required)

FASB Issues Derivatives Statement
(DBN Subscription Required)

______________

Religion:

Some Reflections on Labor and Employment Ramifications of Diocesan Bankruptcy Filings
(DBN Subscription Required)

______________

Pensions:

More employees borrowing against 401(k) plans
(DBN Subscription Required)

______________

Utilities:

NorthWestern reaches settlement resolving bankruptcy litigation
(DBN Subscription Required)

Receiver attempting to sell F&S Oil
(DBN Subscription Required)

Judge blocks Reliant Energy sale
(DBN Subscription Required)

______________

Private Equity:

Most Firms Near Default Have PE Ties
(DBN Subscription Required)

______________

Insurance:

Allianz Calls Profit Targets `Much More Challenging'
(DBN Subscription Required)

______________

Financial Literacy:

Scare tactics educate teens on credit crunch
(DBN Subscription Required)

______________

Forest Products:

Sawmill sale approved
(DBN Subscription Required)

______________

Municipalities:

Government workers prosper, but at public's expense
(DBN Subscription Required)

______________

Manufacturing:

Shapes/Arch can tap DIP
(DBN Subscription Required)

______________

Finance:

Living on Borrowed Time
(DBN Subscription Required)

______________

New Bankruptcy Opinions
(No 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:

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

____________

Sell your bankruptcy claim to the highest bidder www.T-REXauctions.com Distressed Debt Auctions

Judges:

Are Bankruptcy Judges Unconstitutional? An Appointments Clause Challenge
(DBN Subscription Required)

______________

Security:

Federal courthouse security officers go unpaid after company folds
(DBN Subscription Required)

______________

Economy:

Discount window borrowing surge to reflect crisis
(DBN Subscription Required)

A new Great Depression? It's different this time
(DBN Subscription Required)

Fed Fix Works for Now
(WSJ: separate paid subscription required)

Why Asia Can't Imitate Fed's Inflation Amnesia
(DBN Subscription Required)

More than three in four Americans think the US is already in a recession
(DBN Subscription Required)

Treasuries Rise, Bill Rates Plunge on Credit Market Losses
(DBN Subscription Required)

Paulson understudy plays big role in White House's turnaround plan
(DBN Subscription Required)

Economists at Bear: Blame Bernanke for recession
(DBN Subscription Required)

Commodities: Latest Boom, Plentiful Risk
(NYT: separate free registration required)

______________

Aviation:

NWA pilots say arbitration could break Delta deadlock
(DBN Subscription Required)

Delta pilot union says no to arbitration on seniority
(DBN Subscription Required)

Pilots should assist in Delta-Northwest merger
(DBN Subscription Required)

JetBlue: Stretch your legs, for a price
(DBN Subscription Required)

Airlines Face New Reckoning
(WSJ: separate paid subscription required)

The Wheels Come Off In The Airline Industry
(DBN Subscription Required)

Is an airline crunch coming?
(DBN Subscription Required)

Air France-KLM won't bow to demands on Alitalia deal
(DBN Subscription Required)

The political debate on Alitalia is getting nasty
(DBN Subscription Required)

Berlusconi Tries to Sink Alitalia Deal
(WSJ: separate paid subscription required)

______________

Retailing:

Sharper Image liquidators chosen
(DBN Subscription Required)

Stein Mart swings to loss
(DBN Subscription Required)

______________

Oil/Gas:

Oil drop worst in 17 years
(DBN Subscription Required)

Oil Falls on Concern Potential US Recession May Limit Demand
(DBN Subscription Required)

Market Could Keep Oil Prices High
(WSJ: separate paid subscription required)

AMEX waiting for Galaxy Energy's annual report
(DBN Subscription Required)

______________

Predatory Lending:

State can't afford subprime answer on payday loans
(DBN Subscription Required)

State to check cashers: Shut down
(DBN Subscription Required)

Payday lenders balloon
(DBN Subscription Required)

______________

Celebs:

Appeals court upholds Ronald Isley's 37-month prison sentence for tax evasion
(DBN Subscription Required)

______________

Insider Compensation:

Major Bank Cuts Bonuses of Executives
(NYT: separate free registration required)

Economy Roils Executive-Pay Strategy
(DBN Subscription Required)

As Bear Stearns Implodes, Spector Keeps $382 Million
(DBN Subscription Required)

Bear Stearns big shots reaped big paydays
(DBN Subscription Required)

______________

Jewelry:

Lexington Jewelers lands DIP
(DBN Subscription Required)

______________

Publishing:

Borders Explores Sale, Suspends Dividend
(NYT: separate free registration required)

______________

Accounting:

U.S. Files Added Charge Against Former Partner at KPMG Accused in Tax Case
(DBN Subscription Required)

The Fair-Value Blame Game
(DBN Subscription Required)

______________

UK:

Brit Market Watchdog Slams Rumors
(DBN Subscription Required)

Halifax savers are urged to hold tight as short-sellers put bank into spin
(DBN Subscription Required)

Hunt for £100m 'bank robber' after attempt to bring down HBOS
(DBN Subscription Required)

FSA and Bank of England step in to stop HBOS plunge
(DBN Subscription Required)

Watchdog must bite back to deter market manipulators
(DBN Subscription Required)

Banking shares hit by credit crunch fears
(DBN Subscription Required)

Demand for Financial Counseling Services Grows Exponentially
(DBN Subscription Required)

Discover Profit Declines on Costs to Sell Goldfish
(DBN Subscription Required)

Northern Rock shareholders file complaint
(DBN Subscription Required)

Mortgage woes 'worsening'
(DBN Subscription Required)

Credit problem customers could pay a fortune on their mortgage interest rate
(DBN Subscription Required)

Professional Negligence: The debt game
(DBN Subscription Required)

______________

EU:

European Telecom Skids
(DBN Subscription Required)

______________

Japan:

Fukuda suffers second rebuff over BoJ
(DBN Subscription Required)

Japan Says Recovery `Pausing,' Cuts Assessment for Second Month
(DBN Subscription Required)

Ex-Meat Hope president sentenced to 4 years in jail
(DBN Subscription Required)

Japan's Central Bank Is Without Governor, a Blow to a Nation's Prestige
(NYT: separate free registration required)

______________

Ireland:

Pig farmers are facing bankruptcy
(DBN Subscription Required)

______________

Canada:

Aon Can Sue Ex-Slater Steel Directors Over Shortfall
(DBN Subscription Required)

Quebecor World won't contest effort by The Economist to possibly end contract
(DBN Subscription Required)

Judge OKs Canadian bailout
(DBN Subscription Required)

Canadian Hog Farmers, Pastors May Block C$32 Billion Debt Plan
(DBN Subscription Required)

The Canadian commercial paper crisis: Blame the U.S.
(DBN Subscription Required)

______________

China:

Global markets to 'remain turbulent'
(DBN Subscription Required)

______________

Germany:

IKB Loss, Markdowns to Rise as KfW Injects More Cash
(DBN Subscription Required)

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