International

Tuscany International Drilling Inc. on Monday will ask for several final approvals from Judge Kevin Gross of the U.S. Bankruptcy Court in Wilmington, Del.

On the agenda for the oil and gas drilling equipment rental company is final approval of $35 million in bankruptcy financing, approval of a restructuring support agreement with creditors, final approval to pay off debts to creditors in South America and permission to waive notification procedures for those creditors.

Bitcoin trader Mt. Gox filed for bankruptcy in Japan with $63.6 million in debt, The Wall Street Journal reports.

Women’s clothing retailer Dots is going out of business after reaching a deal with a well-known liquidation firm that promised to begin shutting down the chain’s 359 stores starting Friday, DBR reports via WSJ.

The Wall Street Journal reports on Energy Future Holdings Corp.’s preparation for a bankruptcy filing.

Long Island, N.Y.’s, shut Long Beach Medical Center filed for Chapter 11 bankruptcy Wednesday to sell what remains of its assets after Hurricane Sandy devastated the hospital a little more than a year ago. Read the Daily Bankruptcy Review article via WSJ.

Creditors of Lehman Brothers Holdings Inc. will receive hundreds of millions of dollars from the estate of the bankrupt firm following a settlement with Freddie Mac. Read the Daily Bankruptcy Review article via The Wall Street Journal.