Restructuring

A bankruptcy judge Tuesday rebuffed TelexFree LLC’s efforts to keep its Chapter 11 proceedings out of Massachusetts, where most of the company’s assets and operations are based. The Daily Bankruptcy Review article is available here.

LightSquared’s reorganization plan gives too much to value to the wireless venture’s top shareholder, Philip Falcone, and shouldn’t be approved, a lawyer for Dish Network Corp.  Chairman Charlie Ergen said Monday. Read the Daily Bankruptcy Review article via The Wall Street Journal.

Energy Future Holdings Corp. weathered its debut bankruptcy-court hearing on Thursday, clearing a few essential early motions at a session that made it apparent the energy company faces opposition to its restructuring strategy. Read Peg Brickley’s story in the Daily Bankruptcy Review.

Energy Future Holdings Corp.

Sbarro LLC announced that it is moving forward with its original restructuring plan—a debt-for-equity swap—after receiving no bids that would allow the pizza retailer to hold an auction for its assets, Daily Bankruptcy Review reports via The Wall Street Journal.