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Detroit Firm Leaders Don't Fear Being Driven off the Road (Law.com via Yahoo! Finance)
What does the possibility of a Chapter 11 filing by General Motors mean for law firms that depend on Detroit's business? The big question for law firms is which will be left standing in the wake of "massive consolidation," says one law firm CEO, adding that, in the meantime, the turmoil creates a lot of legal work. Detroit Firm Leaders Don't Fear Being Driven off the Road (Law.com)
What does the possibility of a Chapter 11 filing by General Motors mean for law firms that depend on Detroit's business? The big question for law firms is which will be left standing in the wake of "massive consolidation," says one law firm CEO, adding that, in the meantime, the turmoil creates a lot of legal work. Another CEO notes that the auto industry downturn has existed for the past ... And Now for the Mergers (New York Times)
The current economic environment may allow only the financially fittest among small businesses to survive, just as there has been a consolidation recently among big financial firms. Many Line Up for Cash, but Bailout Plan Falters (New York Times)
More than a month after the government began a financial rescue of Wall Street, many of the nation?s financial arteries seem as clogged as they were before. Taiwan government bailout program may be of little help to DRAM makers (Digi Times)
The Taiwan government has announced a loan program of NT$600 billion (US$18.15 billion) for local medium- to large-size enterprises suffering from the ongoing global financial crisis. The program, approved on November 13, allows banks to provide each applicant a loan of up to NT$60 million, according to the announcement. |
