International

A Lehman Brothers Holdings Inc. subsidiary that owns the Canyon Ranch Hotel & Spa, Miami Beach filed for Chapter 11 bankruptcy protection Sunday to ease the sale of the luxury property to the owner and manager of a portfolio of hotels that includes the Enchantment Resort in Sedona, Ariz. Read the Daily Bankruptcy Review article here.

The U.S. Environmental Protection Agency has hit Exide Technologies with a notice of violation for air contamination at a California plant that serves as a cheap source of lead for its battery-making business. The Wall Street Journal has the Daily Bankruptcy Review article here.

A judge on Thursday said some of Dish Network Corp. Chairman Charlie Ergen’s nearly $1 billion in claims in the wireless venture’s bankruptcy case will be subordinated below those of other creditors. However, in a separate ruling, she refused to approve LightSquared’s restructuring, saying it is unfair to Mr. Ergen. The Wall Street Journal has the Daily Bankruptcy Review article here.

Sbarro LLC announced that it is moving forward with its original restructuring plan—a debt-for-equity swap—after receiving no bids that would allow the pizza retailer to hold an auction for its assets, Daily Bankruptcy Review reports via The Wall Street Journal.

Energy Future Holdings Corp.