International

Syncora Guarantee Inc., the bond insurer caught up in the battle over Detroit’s casino tax revenue, is appealing a bankruptcy judge’s decision that has allowed millions of dollars of those taxes to continue flowing to the city throughout its historic $18 billion bankruptcy. Read the Daily Bankruptcy Review article here.

MSD Performance Inc., which makes performance auto products for street and racing use, on Thursday filed for Chapter 11 protection. Read the DBR Small Cap article here.

A bankruptcy judge said Longview Power LLC can use its lenders’ cash to fund its bankruptcy case and set up a showdown between the company and a group of contractors over disputed letters of credit. Read the Daily Bankruptcy Review article here.

A federal judge dismissed Bank of America Corp.’s $1.7 billion lawsuit against the Federal Deposit Insurance Corp., a win for the regulator in the long-running battle over who is ultimately on the hook for losses tied to the multibillion-dollar fraud at disgraced lender Taylor Bean & Whitaker Mortgage Corp. Read the Daily Bankruptcy Review article here.

National Envelope is seeking bankruptcy-court approval to sell its business to rival Cenveo Inc. for $25 million, while other buyers are stepping in to grab the envelope maker’s leftover assets. Read the Daily Bankruptcy Review article here.