New Cases

Quantason LLC, which is developing an advanced ultrasound to screen for breast cancer, filed for Chapter 11 protection Wednesday with the hopes of finding a buyer.

New York shipping tycoon Peter Georgiopoulos’s Genco Shipping & Trading filed for Chapter 11 bankruptcy protection Monday, with a prepackaged restructuring plan that was hammered out with creditors and unveiled earlier this month. Read the Daily Bankruptcy Review article via The Wall Street Journal.

“They play easily, evenly and in tune, but foremost, have a great ‘traditional’ sound.”

“They play easily, evenly and in tune, but foremost, have a great ‘traditional’ sound.”

Momentive Performance Materials Inc., a silicone and quartz producer owned by Apollo Global Management LLC, filed for Chapter 11 bankruptcy Sunday on the eve of a $60 million interest payment it couldn’t afford to make. Read the Daily Bankruptcy Review article via The Wall Street Journal.