Consulting giant McKinsey & Co. was ordered to turn over its client roster in a win for turnaround guru Jay Alix, who accused the firm on not following bankruptcy rules. Read the Daily Bankruptcy Review article via The Wall Street Journal.
(Daily Bankruptcy Review is a daily newsletter with comprehensive coverage and analysis of emerging and in-progress insolvencies and turnarounds. For a two-week trial, visit http://on.wsj.com/DJBankruptcyNews, scroll to the bottom and click “try for free.”)
Atlantic City, N.J., is still threatened by a possible casino strike, DBR reports in WSJ.
DBR reports in WSJ on the Supreme Court agreeing to look at a bankruptcy deal involving trucking company Jevic Holdings Corp. that left truck drivers unpaid.
Read DBR’s report in WSJ on Sam Wyly’s $ 1.1 billion tax bill.
WSJ reports on the departure of SunEdison Inc.’s chief financial officer.
Lawmakers promised to compete a rescue package for Puerto Rico, the Associated Press reports.
The Upshot wonders if Brexit is Europe’s “Lehman Brothers moment.”