Daily Docket

Children’s Tablet-Maker Fuhu Files for Chapter 11 Bankruptcy

12/07/15

Children’s tablet-maker Fuhu Inc. filed for chapter 11 bankruptcy protection Monday with a tentative deal to be acquired by Mattel Inc. for $9.5 million. Read the Daily Bankruptcy Review story via The Wall Street Journal.

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Energy Future Wins Chapter 11 Plan Confirmation

12/04/15

Energy Future Holdings Corp. won confirmation Thursday of its $42 billion chapter 11 plan after lining up support for the proposal from its numerous creditors, Daily Bankruptcy Review reported via the Wall Street Journal. A bankruptcy judge approved the plan after Energy Future, the Texas power company formerly known as TXU Corp., piled up settlement after settlement, quieting the acrimony that had marked the chapter 11 proceeding since its start in April 2014.

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Rig Operator Vantage Drilling Files for Bankruptcy

12/03/15

Houston-based contract rig operator Vantage Drilling Co. filed for bankruptcy protection late Wednesday night after reaching a deal on a debt-for-equity swap with its lenders and bondholders, The Wall Street Journal reported. Like others in the oil-and-gas industry, Vantage has been hamstrung by stubbornly low oil prices.

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Best Buy Fights to Save Airport and Mall Vending Machines

12/02/15
Customers stand in line as they wait for the doors to open at Best Buy in McAllen, Texas.
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Struggling Concert Promoter SFX Looks to Restructure Debt

12/01/15
The Chemical Brothers perform on day 1 of the Electric Zoo EDM festival at Randall
Robert Altman/Invision/Associated Press

Concert promoter SFX Enterta

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Albertsons Buys Back Grocery Stores After Antitrust Misfire

11/25/15
Connie Jodice cleans a section where pre-made foods will go, next to the wet rack, containing fresh produce, inside a Haggen grocery store, formerly an Albertsons, located in Palmdale, on March 23, 2015.
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Bankruptcy Fight May Lift the Veil on Lynn Tilton’s Empire

11/24/15
New York financier Lynn Tilton arrives for an appeal hearing at the U.S.
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NextEra Off the Docket but Not Out of Mind for Energy Future’s Oncor

11/20/15

NextEra Energy isn’t out of the running for Energy Future Holdings Corp.’s Oncor, but its statement to the bankruptcy court was struck from the docket. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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Energy Future’s Oncor Gets Bid From NextEra

11/19/15

NextEra Energy wants to buy Energy Future Holdings Corp.’s Oncor, which is on track to be sold to a Hunt Consolidated Inc.-led group. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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Wrangling Over Caesars $18 Billion Restructuring Spills to Lawyers

11/18/15

The battle over the $18 billion restructuring of Caesars Entertainment Operating Co.—the bankrupt operating unit of casino giant Caesars Entertainment Corp.—has spilled over to the lawyers. Read the Daily Bankruptcy Review article via The Wall Street Journal.

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