International

Health-care company Aurora Diagnostics Holdings LLC hired restructuring advisers, The Wall Street Journal reports.

Private-equity firm Centerbridge Partners LP backed out of a deal to acquire LightSquared amid uncertainty over when federal regulators would clear the way for the company to build out its wireless network, The Wall Street Journal reports.

By Carolyn King 

The Houston Rockets basketball team is trying to persuade two major cable providers to begin broadcasting the struggling Comcast SportsNet Houston television channel, which now shows basketball games and Houston Astros games to less than half of the region’s households. Read the Daily Bankruptcy Review article via The Wall Street Journal.

A judge Tuesday allowed LightSquared to move forward with its lawsuit against Dish Network Corp. and Chairman Charlie Ergen over his purchases of LightSquared debt before Dish’s bid for the wireless satellite company’s assets. The Daily Bankruptcy Review article is available via The Wall Street Journal