Morning Wrap

Gitmo: The U.S. Court of Appeals for the D.C. Circuit yesterday issued an emergency stay temporarily blocking a judge's decision to free 17 Chinese Muslims at Guanténamo Bay, reports The Wall Street Journal.

Borrowing Cash: Even as credit markets tighten, law firms are still having a relatively easy time borrowing cash, reports the Fulton County Daily Report via Law.com. Some banks, however, are attaching more conditions to firm loans, and keeping a closer eye on whether firms have trouble collecting receivables.

Supreme Court: Legal Times' Tony Mauro reports on Wednesday's arguments before the Supreme Court. The high court heard the environmental case, Winter v. Natural Resources Defense Council, and an employment case, Crawford v. Nashville and Davidson County.

Credit Crunch: The New York Times reports that Treasury is considering taking ownership stakes in some banks in order to get them to resume lending.