New Cases

Another Texas oil and gas company, Magnum Hunter Resources Corp., filed for chapter 11 protection seeking a debt-for-equity swap with lenders. Read the Daily Bankruptcy Review article via The Wall Street Journal.

A bankruptcy judge brushed aside objections to Millennium Health LLC’s chapter 11 bankruptcy plan, clearing a big hurdle for the drug-testing company.Read the Daily Bankruptcy Review article via The Wall Street Journal.

Houston-based contract rig operator Vantage Drilling Co. filed for bankruptcy protection late Wednesday night after reaching a deal on a debt-for-equity swap with its lenders and bondholders, The Wall Street Journal reported. Like others in the oil-and-gas industry, Vantage has been hamstrung by stubbornly low oil prices.

NextEra Energy wants to buy Energy Future Holdings Corp.’s Oncor, which is on track to be sold to a Hunt Consolidated Inc.-led group. Read the Daily Bankruptcy Review article via The Wall Street Journal.

Drug-testing laboratory Millennium Health LLC filed for chapter 11 protection a month after agreeing to settle allegations of billing the federal government for unnecessary tests.Read the Daily Bankruptcy Review article via The Wall Street Journal.