Law:

GM Advisers' Fees 'Unreasonably Rich,' Trustee Says
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Chrysler's attorneys submit bill for $12.4 million
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Cleary, Skadden Advise on Nortel Asset Sale
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The Lawyer Awards Winners
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Kaye Scholer to Cut Pay of Low-Billing Junior Associates By 15-20 Percent
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Pay Cut Watch: Kaye Scholer Lowballs Low Billers
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Associate Salary Cuts: How Now, Howrey?
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American Discovery to Hire 100 Attorneys
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Managing Partners More Confident, But Layoffs Still on Horizon
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'Bankrupt' lawyer found tooling around in Jag
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Career Overboard!
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It’s a Buyer’s Market for Laterals, Study Says
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The Return of Hope During the Recession: Adventures at The Ashram (Part II)
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Veering Off Law Firm Career Path May Be the Way to Go for Some
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Attorney needs to revamp resume to show strengths
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Corporations as plaintiffs and the entrepreneurial litigation industry
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Florida lawyers start foreclosure defense bar
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26 Former Foster Pepper Lawyers Form New Oregon Firm
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Huntsman Settles Mid-Trial with Credit Suisse, Deutsche Bank
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Who Won the Huntsman Case? Both Sides Claim Satisfaction
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Young BigLaw Associate's Affair With Married Woman Causes Internet Sensation
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As Alleged Associate Affair Goes Viral, What Should a BigLaw Firm Say?
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Lawyer's Recipe for Getting Buddy Who Slept With Client Out of Hot Water Steams Panel
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PACER Is Out of Pace, Petition Says
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Dole Uses Judge Attack in Banana Case to Undo $2 Billion Awards
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Tale of Three JDs: Wannabe Lawyers Look for That First Gig
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Student Loan Bailout: You Only Have to be Broke for Ten Years
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Holocaust Victims' Lawyer Disbarred for Trust-Fund Dipping
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Would-Be Attorney Headed to Harvard Grew Up in Homeless Shelters
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Lawyer Rapped for Filing Libel Suit Over Ethics Case Against Client Attorney
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Bucking Victim 'Fury,' Madoff Seeks 12-Year Sentence
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Norton Rose Acquiring Australia's Deacons
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The Fix Is In: Start-Up Firm Finds Low, Flat Fees Add Up to Real Money
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The Battle of the Law Firm Bands (Part 2)
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The Battle of the Law Firm Bands ( Part 3)
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Kirkland & Ellis Doesn't Fear the Mindfreak
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Notes from the Breadline: Our Endless Numbered Days
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Mug shot roundup
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Judges:

Gerber at the wheel
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Federal Judges' Workload to Rise
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Sotomayor, Word by Word
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Sotomayor’s Nomination: Today’s News
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Supreme Court Summer: Have Robe, Will Travel
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Wall Street:

US Stock-Index Futures Advance
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Stocks Gain on OECD Outlook
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Stocks stagnate as the Fed deliberates
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US Stocks May Drop 10% in 'Correction'
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Layoffs:

National and State by State Unemployment Rates
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MySpace to cut 300 international positions
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Steelcase trims more white-collar jobs as sales slide
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Sulzer to Cut 11% of Jobs on Lowered Sales Outlook
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Harvard to cut 275 staffers as its endowment shrinks
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Satyam May Eliminate 8,500 Jobs If Work Isn't Found
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33,600 jobs lost in W.Pa. in May
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The Truth About Job Sites
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Metropolitan Museum details staff cuts
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OECD: 2010 jobless rate to rise to 9.9%
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Last Days on the Job - One main theme: awkwardness
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Oil/Gas:

Crude Oil Falls a Third Day on Economic Concern, Fuel Demand
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SemGroup suitor postpones meeting on plan
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SemGroup plans upcoming - The company may have to revise its proposal, while a suitor resets his unveiling
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Tax:

Justice Department Denies Plan to Settle UBS Case
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US Will Continue Its Suit Against UBS, DOJ Says
(WSJ: separate paid subscription required)

Switzerland: Anything But Neutral on Secrecy Laws
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Aviation:

Airline Will Abolish Checked Luggage to Reduce Costs
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CLEAR Update: What Happens to Your Personal Data
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UAL, US Airways shares hurt by Frontier deal
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Clear-card fliers won't get refunds, company says
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Could British Airways Go Bust?
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US Airlines Tumble to Three-Month Low on 'Putrid' Demand, Oil
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Shareholders declare Aeroflot Cargo's bankruptcy
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Debt-laden East Star Airline to get $73M fund
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Korean Air bucks trends amid industry turbulence
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Gambling:

RI slot parlor files for bankruptcy protection
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Track owner buying Amelia Belle casino
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Colo. tracks not part of bankruptcy
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Gov. Carcieri Comments on Twin River Bankruptcy
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Northern Nevada casinos file for Chapter 11 bankruptcy reorganization
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MGM Mirage cancels bankruptcy warning
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Media:

New All-Time Audience Lows For ABC, CBS Evening News
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Setanta files for bankruptcy protection, to cease broadcasting shortly
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ESPN takes over Setanta English football rights
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Trucking:

Trucker YRC pledges real estate to pension fund
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Private Equity:

LBO-Backed Bankruptcy List: On Pace to Double Last Year's Total
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M&A:

Huntsman Announces Legal Settlement With Banks
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Huntsman LBO Settlement Gives Banks a Reason Not to Fund Deals
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Vocabulary:

Recession Lexicon
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Another
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Hedge Funds:

After making billions off the backs of rich people, a growing number of hedge funds are betting they can strike gold by morphing into mutual funds and targeting the middle class
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The Seven Habits of Highly Suspicious Hedge Funds
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Don't Drink The Water
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Loophole Used by Activist Funds Faces Scrutiny
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Banking:

Citi intends to raise employees' base pay
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Pacific Capital says defers interest payment on notes
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Pacific Capital Hits 17-Yr Low Amid Capital-Raising Concerns
(WSJ: separate paid subscription required)

Fears of big bank problems return
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Some Banks in "Healthy" Bank Bailout Program Appear Not So Healthy
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Bailout Underwrites Calif. Bank's Risky Practices
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Economy:

Obama Says Second Fiscal Stimulus Not Yet Needed
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Obama defends the Fed
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CEOs still foresee negative conditions
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What exit strategy? The drama isn't over
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Fed mulls tweaks to economic revival programs
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A Tale Of Two Depressions
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Stimulus Funds Going to Districts of Key Lawmakers
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Deficits: An Update on the Economic and Fiscal Crises: 2009 and Beyond
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Europe and U.S. Accuse China of Trade Restrictions
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China Defends Export Limits, Highlights Its Own Trade Complaint
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U.S. economy to start growing in Q3-SIFMA
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OECD Sees a Slightly Better 2009
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Keep rates close to zero: OECD
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Most Texans say they're worse off than last year
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Economy Tracker Map
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Real Estate:

Existing sales rise less than expected
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Home Prices Decline Another 6.8%; Foreclosures Rise
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Home-Price Decline Spurs Second Straight Monthly Increase in U.S. Resales
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Sales, Prices Slide Again in South
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U.S. mortgage applications climb from 7-month low
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‘No Thanks, I’ll Rent’: Shifting Attitudes Toward Homeownership
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FHFA Data May Signal False Bottom in Housing
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Existing-Home Sales Rise, But Appraisals Stall Transactions
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Obama's Home Bailout Bust
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Groups find hurdles in tapping foreclosure program
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Foreclosure Prevention: New Program Shows Big Jump
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Crackdown on For-Profit Loan Mod Firms
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Commercial real estate market sinks
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Fitch Loans of Concern Expected To Rise
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Reverse Mortgages Giving Regulators Some Concerns
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Foreclosures: The poor pets getting left behind
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Realtors: Blame the Appraisers
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Lender positions itself to grow amid hard times
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Chicago home sales show uptick, but still down 27.5%
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Dallas will be one of country's most stable home markets
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Florida house sales up for ninth straight month
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The 10 markets with the best expected performance in home price
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Harvard: Housing's long row yet to hoe
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Fraud:

Madoff says 12 years is plenty
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Madoff Client Jeffry Picower Netted $5 Billion -- Likely More Than Madoff Himself
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Our Ponzi Nation: SEC Sues Major Madoff Investors
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Bryan Burrough on Allen Stanford
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Webio backer Hernandez arrested in Normal
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Bail hearing postponed for accused Ponzi mastermind
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Conrad Black asks Chicago judge for bail pending appeal
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Stanford Bail Hearing in Fraud Case Set in Houston
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Antigua fires finance regulator
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Regulator's indictment latest twist in Stanford case
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Stanford an unlikely "man of the year"
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Why Wasn't Stanford Charged With FCPA Violations?
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Corporate Reform:

Posner: Financial Regulatory Reform: I
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IP:

Judge orders resumption of Psystar infringement case
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Health Care:

Pa. hospitals in financial slide
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Medical bankruptcy : A South Florida case study
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Last-resort health coverage barely covers
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Doctor's Reflections on Reform
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Private Clubs:

Sarasota University Club closes, prepares to file for bankruptcy
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Biotech:

Creditors call for Protein Sciences liquidation
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Retailing:

Mall owner files for protection to keep Citi at bay
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Lenders File Motions to Dismiss Twenty-One General Growth Properties Bankruptcy Cases as Bad Faith Filings
(DBN Subscription Required)

Global Retail Sales Looks Bad, Consumption Very Weak
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Shipping:

Maersk Says Container Market to Shrink More Than 10%
(DBN Subscription Required)

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Resorts:

Bankruptcy Is A Family Affair
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Limousines:

Recession puts brakes on America's limos
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Fishing:

Desperate Maine Lobstermen Sell From Trucks, Homes
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Newspapers:

Globe, biggest union reach tentative deal
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Beatty, Tribune spar over Dick Tracy venue
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Pensions:

Pension strains risk decades of social crisis, warns OECD
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A $5.4 trillion pensions loss
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Aerospace:

More Bad News for Boeing, Citi: Sea Launch Files for Bankruptcy
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Tourism:

State wants Superferry bankruptcy case moved to Hawaii
(DBN Subscription Required)

Government to repossess Hawaii Superferry boats built at Austal
(DBN Subscription Required)

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Credit Counseling:

Debt Relief USA files for bankruptcy
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Committees:

Judge Shoots Down Plea for Extra GM Bondholders Committee
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Avoidance Actions:

Transfer Of Inheritance To Special Needs Trust Not Avoidable Under The Bankruptcy Code
(DBN Subscription Required)

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Boating:

Help for boatmakers could come from Washington
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Telecoms:

Government is idle as Nortel collapses
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Mass Torts:

NonMalignant Claims Going Back Up If You Judge by the Manville Asbestos Trust Report for Q 1 2009
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New targets abound in latest asbestos filings
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Turnarounds:

Need Grows for Bankruptcy and Restructuring Professionals
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Timeshares:

Time-share owner Consolidated Resorts files for bankruptcy
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