Chapter 9

Pizza chain Sbarro LLC is getting ready to file for bankruptcy as soon as next week, The Wall Street Journal

Mach Gen LLC, which operates natural gas-fired electric generating facilities, filed for Chapter 11 bankruptcy protection Monday after negotiating a debt-cutting deal with key creditors. Read the Daily Bankruptcy Review article here.

Bitcoin trader Mt. Gox filed for bankruptcy in Japan with $63.6 million in debt, The Wall Street Journal reports.

Women’s clothing retailer Dots is going out of business after reaching a deal with a well-known liquidation firm that promised to begin shutting down the chain’s 359 stores starting Friday, DBR reports via WSJ.

Lehman Brothers Holdings Inc. has reached a settlement with entities controlled by German entrepreneur Klaus Tschira, the last holdout to a multibillion-dollar settlement between Lehman and its former Swiss derivatives unit, which will free up some $1.8 billion for creditors with the potential of billions more in the future. Read the Daily Bankruptcy Review article via The Wall Street Journal.