Chapter 9

Energy Future Holdings Corp.’s $42 billion bankruptcy will remain in Delaware, a judge said Thursday, dashing the hopes of unhappy creditors who wanted to see the big Chapter 11 case moved to the company’s home state of Texas. The Wall Street Journal has the Daily Bankruptcy Review article here.

Brookstone Holdings Corp.’s creditors can begin voting on a bankruptcy-exit plan that relies on the sale of the specialty retailer at an upcoming auction.

Senior lenders of a major Energy Future Holdings Corp. unit have moved to protect their claim to a $665 million early-payment premium, which was thrown into jeopardy when the company filed for bankruptcy protection. The Wall Street Journal has the Daily Bankruptcy Review article here.

Investors owning $1.7 billion or more in top-ranking debt say a $7.3 billion piece of Energy Future Holdings Corp.’s financing plan is a flawed and “incoherent” attempt to evade bankruptcy rules. Read the Daily Bankruptcy Review article here.

In the days following Genco Shipping & Trading Ltd. ‘s billion-dollar Chapter 11 filing, investment funds Aurelius Capital Partners and Och-Ziff Capital Management Group bought up stock in the dry bulk shipper, even though the stock is slated to be canceled in the restructuring and repaid very little. The Wall Street Journal has the Daily Bankruptcy Review article here.