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Giuliani’s Son, Former Aide Hit With Subpoenas in Asset Search

Rudolph Giuliani’s creditors expanded their probe into the former New York mayor’s finances, filing more than a dozen subpoenas in his bankruptcy case on Friday.

Express Goes Bankrupt With Planned Sale to WHP, Store Closures

Express Inc., the clothing retailer that’s a staple in US malls, filed for bankruptcy with plans to sell itself.

Florida-Based Tijuana Flats Restaurant Chain Files Bankruptcy

<-bsp-bb-link state="{"bbHref":"bbg://securities/1307471D%20US%20Equity","_id":"0000018e-f7bb-d583-afbf-f7ffd6020000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Tijuana Flats, a casual Mexican restaurant chain located primarily in Florida, has filed bankruptcy with a deal to sell the business to new owners.

FTX Investors Settle With Bankman-Fried to Pursue Promoters

A group of <-bsp-bb-link state="{"bbHref":"bbg://securities/2119544D%20BM%20Equity","_id":"0000018e-f82f-d583-afbf-faff3b970000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">FTX investors and customers has agreed to drop their claims against co-founder Sam Bankman-Fried in exchange for his cooperation against other defendants in a sprawling set of lawsuits over the cryptocurrency exchange’s collapse.

Big Law Skips Ahead of On-Campus Recruiting in Talent Race

Top law firms are rushing to target new recruits, often before students have finished their first year.

Latest Stories

Light’s Board Approves Terms, Conditions New Judicial Reorg Plan

Board of Directors approved the terms and conditions of the new judicial reorganization plan (PRJ), which was filed by the company, within its judicial reorganization, in progress before the 3rd Corporate Court of Rio de Janeiro, Light says in filing Monday night.

DISTRESS WATCH: Altice Drives Troubled Debt Pile to 3-Month High

Editor’s Note: Welcome to Distress Watch, an exclusive, data-driven look at the most important events in the world of troubled credits. Each week, we’ll show you where stress is building or easing within credit markets worldwide as well as the emerging situations that are worth watching. Please send feedback to

Builder Jinke’s Restructuring Petition Accepted by Chinese Court

Defaulted Chinese developer <-bsp-bb-link state="{"bbHref":"bbg://securities/000656%20CH%20Equity","_id":"0000018f-0a56-d583-afbf-caded5150000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">Jinke Properties Group Co. said that a local court in China has accepted its restructuring application, paving the way for the court-led overhaul to begin.

Shadow Banking Stress in Korea Sends Warning to Global Investors

<-bsp-bb-link state="{"bbHref":"bbg://screens/OTC%20KRW","_id":"0000018f-0934-d583-afbf-cbfc33330000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">South Korea is emerging as a closely watched <-bsp-bb-link state="{"bbDocId":"SC0BDVT0AFB4","_id":"0000018f-0934-d583-afbf-cbfc33340000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">weak link in the $63 trillion world of shadow banking.

Ardagh Group Creditors Prepare to Sign Cooperation Agreement

Certain Ardagh Group SA creditors are preparing to sign a cooperation agreement that would maintain a united front as they examine their options after the packaging company cut a side deal with Apollo Global Management Inc., according to people with knowledge of the situation.

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