New Cases

Judge Martin Glenn said it best during Loehmann’s first bankruptcy hearing Monday: “The headline oughta be that anyone holding a store credit better rush to the store and spend it because after

Detroit’s bankruptcy judge allowed appeals of the city’s bankruptcy eligibility ruling and the pension ruling, the Detroit Free Press reports.

Discount retailer Loehmann’s filed for Chapter 11 protection for the second time since 2010. Read the Daily Bankruptcy Review article here.

The operator of the Fox & Hound and Champps restaurants filed for Chapter 11 protection Sunday. Read the DBR Small Cap article here.

Flash-storage vendor OCZ Technology Group is headed for a Jan. 13 bankruptcy auction, with Toshiba Corp. in the role of lead bidder with an offer of $35 million. Read the DBR Small Cap article here.

Spanish appliance maker Fagor Electrodomesticos filed for bankruptcy protection Wednesday, The Wall Street Journal reports.