Beyond Bankruptcy

This week on the Broke and the Beautiful, Girls Gone Wild’s Joe Francis is going to be the father of twins (girls!), and Teresa and Joe Giudice are clearing their debts. Also, a former child actor wants to revive bitcoin exchange  Mt. Gox.

Fear of another bankruptcy for Atlantic City, N.J.’s Revel casino prompted a local casino workers’ union to do its own calculation of what a prospective buyer should be

Puerto Rico hired restructuring advisers to work on utility and highway operations, The Wall Street Journal reports.

Quiznos is pushing off until May a key court hearing on its bankruptcy exit plan after unsecured creditors asked for more time to probe its restructuring strategy. Read the Daily Bankruptcy Review article via WSJ.

The bankrupt city of Detroit is in advanced talks with some bond insurers to strike a deal as early as Wednesday in efforts to build more momentum for its plan of reorganization, the Wall Street Journal reports.