International

Latin American Nextel wireless provider NII Holdings Inc. won’t make a $118.8 million interest payment to bondholders, the company announced Friday, days after it warned it would likely have to file for Chapter 11 bankruptcy protection. Read the Daily Bankruptcy Review story here.

Creditors threatened with big losses in Energy Future Holdings Corp.’s bankruptcy case are demanding answers about the tax issues they say are driving the big Dallas power seller’s strategy for restructuring its $42 billion debt load. Read the Daily Bankruptcy Review article here.

Satellite TV provider DirecTV and telecom giant AT&T Inc. are would take over Houston’s struggling professional sports channel under a proposal filed late Wednesday in bankruptcy court. Read the Daily Bankruptcy Review article here.

Dutch coal miner New World Resources NV filed for bankruptcy protection in a U.S. court on Wednesday while officials negotiate cuts to the roughly EUR825 million ($1.1 billion) debt owed by the company, which has struggled to profit amid depressed global coal prices. Read the Daily Bankruptcy Review article here.

The company once known as Fisker Automotive received court approval Monday on a Chapter 11 plan that will distribute money raised in the bankruptcy sale of the manufacturer of luxury hybrid sedans. Read the Daily Bankruptcy Review story in The Wall Street Journal.