News Topic: Daily Docket

Bernard Madoff trustee Irving Picard made a $25 million settlement with investor Vizcaya Partners Ltd. The Wall Street Journal has the Daily Bankruptcy Review article here . ... Read full article

Swift Energy Co. filed for bankruptcy in the last hours of 2015, capping months of struggles to address more than $1.2 billion in debt. Read the Daily Bankruptcy Review article via The Wall Street Journal . ... Read full article

Great White Shark Opportunity Fund LP, a hedge fund founded by Austrlian golf star Greg Norman, made an 11th-hour bid Wednesday for Fuhu, the producer of the Nabi kids tablet. The $10 million bid beats an offer from children’s toy giant Mattel Inc. Read ... Read full article

KaloBios Pharmaceuticals Inc., a company that recently fired Martin Shkreli as chief executive, filed for chapter 11 protection. The Wall Street Journal has the Daily Bankruptcy Review article here . ... Read full article

Rare-earths miner Molycorp Inc. is pushing for a trimmed-down company that can exit chapter 11 bankruptcy rather than being pushed into a liquidation, saying it would be worth more in the former scenario. The Wall Street Journal has the Daily Bankruptcy ... Read full article

A bankruptcy judge last week rejected San Bernardino, Calif.’s plan to leave chapter 9 bankruptcy. The plan proposes to repay a fraction of the city’s debt instead of raising taxes. The Wall Street Journal has the Daily Bankruptcy Review article here . ... Read full article

Pandora Media Inc. won approval to buy the assets of fallen streaming-music company Rdio Inc. for $75 million. The Wall Street Journal has the Daily Bankruptcy Review article here . ... Read full article

Former mail-order music giant Columbia House, whose only sales now belong to a flailing DVD business, wants to return to its vinyl roots. The Wall Street Journal has the Daily Bankruptcy Review article here . ... Read full article

Furniture company RoomStore Inc. filed for chapter 11 bankruptcy protection for the third time since the year 2000. Read the Daily Bankruptcy Review article here . ... Read full article

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 . ... Read full article

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 . ... Read full article

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

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 . ... Read full article

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 . ... Read full article

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 . ... Read full article

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 . ... Read full article

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 . ... Read full article

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