International

Momentive Performance Materials Inc., a silicone and quartz producer owned by Apollo Global Management LLC, filed for Chapter 11 bankruptcy Sunday on the eve of a $60 million interest payment it couldn’t afford to make. Read the Daily Bankruptcy Review article via The Wall Street Journal.

Momentive Performance Materials Inc., a silicone and quartz producer owned by Apollo Global Management LLC, filed for Chapter 11 bankruptcy Sunday on the eve of a $60 million interest payment it couldn’t afford to make. Read the Daily Bankruptcy Review article via The Wall Street Journal.

Puerto Rico hired restructuring advisers to work on utility and highway operations, The Wall Street Journal reports.

Quiznos is pushing off until May a key court hearing on its bankruptcy exit plan after unsecured creditors asked for more time to probe its restructuring strategy. Read the Daily Bankruptcy Review article via WSJ.

Specialty gadget retailer Brookstone Inc.

A newly formed shareholder group is ready to rumble in Overseas Shipholding Group Inc.’s bankruptcy, arguing in its first court appearance that the shipping company’s restructuring deal doesn’t offer enough value to equity and is the product of “flawed” negotiations. Read the Daily Bankruptcy Review article via The Wall Street Journal.