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Giuliani Looks to Toss Bankruptcy Lawsuit Over ‘Malicious’ Claim

Rudolph Giuliani took his first step toward seeking the dismissal of a lawsuit that poses the question most critical to his bankruptcy.

Insurers Lose Bid to Halt New Jersey Diocese Abuse Settlement

The Diocese of Camden’s bankruptcy plan, which creates an $87.5 million trust for sex abuse survivors, will move forward despite insurers’ calls for a pause pending decisions in two related Supreme Court cases.

Franchise Group Lenders Tap Gibson Dunn Amid Kahn Dealings

Some lenders to <-rte-company state="{"_id":"0000018f-1178-d583-afbf-d3fc14a80000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Franchise Group Inc. are seeking legal advice as $1.1 billion of debt maturities loom and the alleged business dealings of its former chief executive officer Brian Kahn in a fraud case have come to light.

Ex-Banker Fixing Americanas Aims to Equally Distribute Pain

In a conference room of the run-down headquarters of Brazilian retailer <-rte-company state="{"_id":"0000018f-160f-d583-afbf-d6df8ec10000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Americanas SA, <-bsp-person state="{"_id":"0000018f-160f-d583-afbf-d6df8ec10001","_type":"00000160-6f41-dae1-adf0-6ff519590003"}">Camille Loyo Faria agrees that the office has seen better days.

Ted Baker Canada Seeks Court Protection in Toronto, US

Fashion retailer Ted Baker has put its Canadian operations into a form of bankruptcy in Toronto, according to Wednesday <-bsp-bb-link state="{"bbHref":"bbg://screens/BBLS%20DD%20X5FU170BAKI95HR865M1HQTFUG7","_id":"0000018f-1225-d583-afbf-d2fd04d80000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">court filings.

PRACTITIONER INSIGHTS

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Marriott Case Will Affect Class Action Waiver Enforceability

Daniella Main
Alston & Bird

As Colleges Struggle, Universities Need Merger-Focused Panels

Neil Lefkowitz
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Bitcoin Halving Arrives in Murky Legal and Regulatory Waters

Dan Gibbons
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Latest Stories

CREDIT DAYBOOK AMERICAS: Market Awaits Key Inflation Data

Credit markets are opening flat, <-bsp-bb-link state="{"bbHref":"bbg://screens/CDX","_id":"0000018f-1a3a-d583-afbf-dafe26680000","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">CDX levels show, following yesterday’s selloff as attention shifts to <-bsp-bb-link state="{"bbHref":"bbg://screens/ECO","_id":"0000018f-1a3a-d583-afbf-dafe26680002","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">data seen as the Federal Reserve’s <-bsp-bb-link state="{"bbDocId":"SCJOT6T0AFB4","_id":"0000018f-1a3a-d583-afbf-dafe26680004","_type":"0000016b-944a-dc2b-ab6b-d57ba1cc0000"}">preferred measure of inflation.

By Samantha Stewart

Meet ZiG, Zimbabwe’s Latest Shot at a Stable Currency: QuickTake

In the latest effort to devise a credible national currency, Zimbabwe has replaced its dollar with the ZiG, short for Zimbabwe Gold. The new unit is backed by bullion and foreign currency reserves held at the central bank. All told, the ZiG is the country’s sixth attempt at establishing its own currency since 2008, when inflation crossed 500 billion percent, according to International Monetary Fund estimates. Not only did that render it worthless, it turned the unit into a global punchline: US Treasury secretaries would sometimes carrythe notes around in their wallets as a reminder of the evils of hyper-inflation.

Hawaii Unlikely to Pass Bill to Help Utility With Fire Costs

Hawaii lawmakers deferred a bill that would have helped <-rte-company state="{"_id":"0000018f-177d-d583-afbf-d7fdbb4e0000","_type":"00000160-4b23-d8bd-adfd-4b3348fd0000"}">Hawaiian Electric Industries Inc. recover costs tied to the Maui wildfires, making the measure unlikely to pass in this session, according to a report by research group Capstone.

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