Law:

Your Firm Could Be Laying Off and You Just Don't Know It
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Flourishing Summer Programs, and the Flight to Quality
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Bingham Busted by Its Own Website
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UK Male Lawyers Earn 32% More Than Females
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UK salaried partner survey results
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Eversheds Brings Us "The Law Firm of the 21st Century"
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Layoff Watch: Kaye Scholer Trims Secretaries
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Jumping Off the Law Firm Track
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A Tale From the Firm Halls: Bumping Into a Part of History
(DBN Subscription Required)

Milberg Firm Moves to Reduce Criminal Forfeiture
(DBN Subscription Required)

At the Supreme Court, 5-to-4 Rulings Fade
(NYT: separate free registration required)

Will the 5th Circuit Ground an Eastern District of Texas Rocket Docket?
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For Women Litigators: A Courtroom Footwear Dilemma?
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How Hierarchical Law Practice Can Lead to Unethical Choices
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Rove subpoenaed in Justice Department investigation
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Texas Lacked Authority to Remove Some Polygamist Sect Kids From Ranch
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Thong-Clad Protesters Stripped of Civil Rights Suit
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Single Mom at 14, Law Grad at 24
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Say What?!
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Judges:

Conduct Commission Warns Judges Over Slavery Talk and Buttocks Slap
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Judge in Fen-Phen Case 'Embarrassed' by His Handling of the Suit
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Is Being a Drunk Cross-Dresser Bad for Your Judicial Career?
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Aviation:

Mesa could seek bankruptcy if Delta ends contract
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Share trading in Silverjet suspended
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Silverjet airline in trouble as shares frozen
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United Air, Rivals May Join American's $15 Bag Fee
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AMR board OKs new stock reward plan for execs
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Losing Delta has regional carrier tense
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S&P puts airlines ratings on negative CreditWatch
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Airline Default Risk Soars, Bonds Tumble on Record Oil Prices
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Era of cheap flights is over says BA boss as price of oil soars
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Business Travel: End of the Road?
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Flying Sardines
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Without higher fares, airlines face bleak future
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Crude Reality? More Airline Bankruptcies
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Fliers, experts expect complications from new bag fee
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Airlines ponder how far they can push customers
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New luggage fee arrives packed with complaints
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Yeesh, Calm Down About the Bags
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Why airlines should raise prices further
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Flight delays cost $41B in 2007
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Air France Tumbles on First Loss Since 2003
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Printing:

Quebecor wins more time as creditors grumble
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Vertis, ACG to merge in Ch. 11
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Religion:

Church tries to stave off foreclosure
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Retailing:

The Children's Place's wild ride
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Gap First-Quarter Profit Rises 40%
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List of stores facing problems and closing
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Retailers face uncertain second half of 2008
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Pensions:

Defined benefit plans falling further out of favor
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Mining:

ASARCO LLC Conducts Plan Sponsor Selection Under Supervision
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Grupo Mexico steps up fight to retain Asarco
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Hearing on request for Asarco data is set
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Derivatives:

CDS volumes remain high despite turmoil
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Pimco chief's ominous call on credit losses
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Why derivatives are getting much more dangerous
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Insurance:

Moody's Cuts AIG Rating
(WSJ: separate paid subscription required)

What Do D&O Insurers Look For?
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Tax:

Relief for Securitization Vehicles: Mortgage Modification under Foreclosure Prevention Programs
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Food/Drink:

Wornick goes for roughly $90M
(DBN Subscription Required)

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Real Estate:

US Housing Prices Suffer Worst Quarterly Decline on Record
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30-year mortgage rate drops
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S&P: Subprime Delinquencies Still Rising
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Home Purchase Prices Fall At Record Pace; Refis Tell Another Story
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Haggling on the Hill - Reining in Fannie Mae and Freddie Mac
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NovaStar Financial CEO vows to fight on
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Levitt Corp. changes name to Woodbridge Holding Corp.
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Tillim loses real estate
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Ranieri, Ex-GMAC Execs Plan $1 Billion Home-Loan Fund
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Judge Says TOUSA creditors can sue
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Short interest in Countrywide spikes, suggesting BAC deal in trouble
(DBN Subscription Required)

Court-appointed receiver to take Cedar's reins
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Judge: 'There is a big hole Downtown'
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More Lenders Auctioning Off REOs
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Glacier Horse Ranch Files For Bankruptcy, Reorganizes
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Countrywide Makes a Pledge to Improve
(WSJ: separate paid subscription required)

The most expensive home in the world...
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Relocation:

Housing slump, fuel prices squeeze moving firms
(DBN Subscription Required)

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Economy:

Economic Toll Mounts From High Oil Prices
(NYT: separate free registration required)

Home prices drop, jobless rolls at 4-year high
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Pimco's Gross Says US Underestimating Inflation
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Hard to rule out more Fed cuts to interest rates, analysts say
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Crude futures pierce $135, then retreat
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Gas price may top $4 soon
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Oil Rises on Forecast of Worse-Than-Average Hurricane Season
(DBN Subscription Required)

The Same Old Song on High Gas Prices
(NYT: separate free registration required)

U.N.: Food prices to stay high
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When economy revives, how will we know?
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"We have seen the heads of virtually all financial institutions stand up over the last few months and claim the worst is behind us. Why would anyone listen to those people?"
(NYT: separate free registration required)

Consumers settling for less
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Business Leaders See Threat to U.S. Competitive Edge
(DBN Subscription Required)

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Rating Agencies:

Moody's Plunges for Second Day After Probe of Computer Error
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US senator urges SEC to act fast on Moody's probe
(DBN Subscription Required)

Buffett Says Moody's Should Dismiss Errant Workers
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Moody's Commercial Paper Rating May Be Cut, S&P Says
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Why Wall St. Hates Credit Rating Agencies
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Autos:

Ford's Mulally Abandons 2009 Profit Goal
(DBN Subscription Required)

Ford's Mulally Calls Pickup Retreat 'Fundamental'
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Ford Stumble Signals Rising Risks
(WSJ: separate paid subscription required)

Kerkorian Ups Loan to Buy Ford Shares by $100 Million
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Detroit automakers at the brink
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Detroit workers seal deal, mark painful turning point
(DBN Subscription Required)

Brown Corporation files for Chapter 11 Bankruptcy
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BHM Tech lands DIP
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Sluggish sales prompt Ford to cut U.S. production
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Auto Cos Pressured As Truck, SUV Sales Wither On Gas Costs
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Municipalities:

JeffCo Debt Lands International Attention
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Radioactive bond deal
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SF financier offers Vallejo bailout plan
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Is Tulsa in jeopardy?
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After taxpayer revolt, town ponders next moves
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Other options other than AB1991 / 18 Million? / Bankruptcy ?
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M&A:

Clear Channel Deal: A Tumultuous Path and a Thousand E-Mails
(DBN Subscription Required)

M&A Shows Signs of Life
(DBN Subscription Required)

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Health Care:

Countdown begins to save hospitals
(DBN Subscription Required)

Medtronic Settles a Civil Lawsuit on Allegations of Medicare Fraud
(NYT: separate free registration required)

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Trucking:

Anger at Jevic mounting
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Jevic gets interim DIP nod
(DBN Subscription Required)

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Layoffs:

Mass layoff events and initial claimants for unemployment insurance, May 2004 to April 2008, seasonally adjusted
(DBN Subscription Required)

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Accounting:

E&Y pays $3.5m in pasta lawsuit
(DBN Subscription Required)

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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)

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Venue:

Delaware, NY still attract biggest bankruptcies
(DBN Subscription Required)

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Plans:

Taking prebankruptcy work to the next level
(DBN Subscription Required)

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Bonds:

Distressed debt exchanges on the rise
(DBN Subscription Required)

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Defaults:

Corporate Defaults Reach 28, Exceeding Total for 2007
(DBN Subscription Required)

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Wall Street:

Wall Street seen lower
(DBN Subscription Required)

Analyst Bove lowers Goldman, Lehman and Merrill to 'sell'
(DBN Subscription Required)

Ex-Morgan Stanley Workers Charged in Stock-Loan Probe
(DBN Subscription Required)

Auction-Rate Notes Leave Investors in Cash Purgatory
(DBN Subscription Required)

Florida Pension Fund Is Suing A.I.G.
(DBN Subscription Required)

Merrill Shifts Mallach to Lead Firm's Purge of Troubled Assets
(DBN Subscription Required)

Morgan Stanley grabs Merrill's restructuring guru
(DBN Subscription Required)

More Charged in Stock-Loan Case
(WSJ: separate paid subscription required)

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Banking:

Franklin Bank fights to stay on stock exchange
(DBN Subscription Required)

Societe Generale blames managers
(DBN Subscription Required)

Federal Prosecutors Declare European Banker a Fugitive
(NYT: separate free registration required)

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Theme Parks:

Six Flags tries to ride it out
(DBN Subscription Required)

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Franchises:

NexCen President Calms Franchisees' Fears
(DBN Subscription Required)

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Corporate Reform:

NY judge finds lack of remorse in Adelphia case
(DBN Subscription Required)

'Say on Pay' May Be Here to Stay
(DBN Subscription Required)

Lord Conrad Black Back in Delaware Chancery Court
(DBN Subscription Required)

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Insider Compensation:

Qwest backs new severance policy at annual meeting
(DBN Subscription Required)

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Student Debt:

School leaves student with a big loss o
(DBN Subscription Required)

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Gambling:

Lenders give Herbst Gaming more time to repay debts
(DBN Subscription Required)

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RVs:

US economy squeezes several RV manufacturers
(DBN Subscription Required)

Confirmation nears for Florida Grande
(DBN Subscription Required)

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Bankruptcy Crimes:

Phony Attorney's Bankruptcy Conviction Reversed By Ninth Circuit In California
(DBN Subscription Required)

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UK:

Party is told it needs to find £40 million in two years
(DBN Subscription Required)

An Inquiry Into Interbank Loan Rate
(NYT: separate free registration required)

UK Economy Grows the Least Since 2005 on Investment
(DBN Subscription Required)

Deloitte called in at MK One
(DBN Subscription Required)

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Canada:

Quebec Court Rejects Largest Buyout Ever, Sides With Bondholders
(DBN Subscription Required)

BCE: Blame Canada
(DBN Subscription Required)

Trading in BCE Halted on Toronto Stock Exchange
(DBN Subscription Required)

BCE Ruling Gives Bondholders New Clout in Buyouts in Canada
(DBN Subscription Required)

BCE, Buyers Not Interested in Bondholder Settlement
(DBN Subscription Required)

Attractions Hippiques To Declare Bankruptcy?
(DBN Subscription Required)

3 groups toured TrentonWorks plant, union says
(DBN Subscription Required)

ABCP deal requires fraud carve-out
(DBN Subscription Required)

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Mexico:

Mexico Inflation Accelerates the Most in Over 3 Years
(DBN Subscription Required)

Mexico's Economic Growth Slows More Than Forecast
(DBN Subscription Required)

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Australia:

Harvey Norman distances itself from debt collectors
(DBN Subscription Required)

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EU:

European Services, Manufacturing Growth Slowed in May
(DBN Subscription Required)

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South Africa:

Nedbank Probes Law Firm for Accounting Irregularities
(DBN Subscription Required)

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