A Trump International Golf Club in Puerto Rico filed for chapter 11 bankruptcy protection on Monday and will look for a buyer. Read the Daily Bankruptcy Review article via The Wall Street Journal.
Energy Future Holdings Corp. has won round two in a fight with bondholders demanding some $431 million worth of premiums on billions of dollars in debt. Read the Daily Bankruptcy Review article via The Wall Street Journal.
Auto parts maker Chassix Holdings Inc. won final court approval of its restructuring plan. Read the Daily Bankruptcy Review article via The Wall Street Journal.
MF Global Holdings Ltd. investors are seeking final approval of a $74 million settlement stemming from their lawsuit against several financial institutions. The Wall Street Journal has the Daily Bankruptcy Review article here.
The bankrupt southern California city of San Bernardino is looking to exit court protection with a plan that pays some bondholders a penny on the dollar but maintains pension benefits for retired city workers. Read the Daily Bankruptcy Review article here.
Patriot Coal Corp. is in “active negotiations” with an unnamed strategic buyer, hoping for a deal to aid it out of bankruptcy. The Wall Street Journal has the Daily Bankruptcy Review article here.
Colorado oil company American Eagle Energy Corp. has filed for chapter 11 bankruptcy protection after missing an interest payment to bondholders. The Wall Street Journal has the Daily Bankruptcy Review article here.
