Daily Docket

Millennium Health Back on Track to Leave Bankruptcy

12/21/15

A bankruptcy judge paved the way for drug-testing company Millennium Health LLC to leave chapter 11 after lifting a stay of an order confirming Millennium’s bankruptcy plan. Read the Daily Bankruptcy Review article here.

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New Gulf Resources Files for Bankruptcy Protection

12/18/15

Tulsa, Okla., energy company New Gulf Resources LLC filed for chapter 11 protection Thursday, the latest in a slew of energy companies to enter bankruptcy. Read the Daily Bankruptcy Review article here.

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Colt Defense Wins Chapter 11 Plan Confirmation

12/17/15

Connecticut gun manufacturer Colt Defense LLC won confirmation of its chapter 11 bankruptcy plan. Read the Daily Bankruptcy Review article here.

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Magnum Hunter Resources Enters Bankruptcy

12/16/15

Another Texas oil and gas company, Magnum Hunter Resources Corp., filed for chapter 11 protection seeking a debt-for-equity swap with lenders. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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Another Oil Company, Cubic Energy, Files for Bankruptcy

12/15/15

Texas oil company Cubic Energy Inc. filed for chapter 11 protection with a prepackaged plan that would hand control to lenders. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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Millennium Bankruptcy Judge Brushes Aside Plan Objections

12/14/15

A bankruptcy judge brushed aside objections to Millennium Health LLC’s chapter 11 bankruptcy plan, clearing a big hurdle for the drug-testing company.Read the Daily Bankruptcy Review article via The Wall Street Journal.

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Voya Sues Over Millennium Loan

12/11/15

Voya Management Investment Co. filed a racketeering lawsuit over a $1.8 billion loan to Millennium Heath LLC.Read the Daily Bankruptcy Review article via The Wall Street Journal.

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LightSquared Nixes Lawsuit Against U.S. Government

12/10/15

LigtSquared LLC, formerly LightSquared Inc. and fresh out of bankruptcy protection, dismissed its lawsuit against the U.S. government. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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Diocese of Duluth Seeks Bankruptcy Protection

12/08/15

The Roman Catholic Diocese of Duluth, Minn., filed for bankruptcy Monday after being hit with an $8.4 million verdict in a clergy sex abuse case, Read the Daily Bankruptcy Review story via The Wall Street Journal.  Last month, a jury awarded $8.4 million to a man who says he was sexually abused in the late 1970s by a priest serving in the Diocese of Duluth, which spans 10 counties in northeastern Minnesota.

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