Gift Retailer Things Remember Hires Financial Adviser

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Gift retailer Things Remembered hired FTI Consulting Inc. as financial adviser to take a look at its operations. The Wall Street Journal has the Daily Bankruptcy Review article here.

(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.”)

DBR reports on Noranda Aluminum’s win over Sherwin Alumina on a Fight over a supply contract.

A judge ordered Bernard Madoff to submit to a deposition by some former customers’ lawyers, Reuters reports.

A judge denied New Jersey Gov. Chris Christie’s efforts to freeze the assets of Atlantic City until it can make a payment to schools, NJ.com reports.

Bloomberg looks at what led to the bankruptcy filing of teen retailer Pacific Sunwear of California Inc.

MponeyBeat looks at corporate defaults hitting a seven-year high.

The Bangor Daily News discusses how a SunEdison bankruptcy would affect the state of Maine.

(And don’t forget to check out what is happening in bankruptcy this week.)

Write to Melanie Cohen at [email protected]. Follow her on Twitter at @MelanieLisa