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Apple Inc . supplier GT Advanced Technologies Inc. plans to exit the business of manufacturing sapphire after a failed effort to produce material for Apple’s smartphone screens. Read the Daily Bankruptcy Review story in the Wall Street Journal.

Energy Future Holdings Corp. is “in the midst of a bidding war” and still talking to NextEra Energy Inc., the Florida company that sparked a competition that shook up one of the biggest bankruptcies on record, company attorney Edward Sassower said Tuesday. Read the story in the Daily Bankruptcy Review.

The Judicial Conference Advisory Committees on Appellate, Bankruptcy, Civil, and Criminal Rules have proposed amendments to their respective rules and forms, and requested that the proposals be circulated to the bench, bar, and public for comment.

The following proposed amendments were approved for publication by the Judicial Conference Committee on Rules of Practice and Procedure in May 2014.

Jacobsen Rugs in downtown Syracuse, N.Y., which has been selling oriental rugs since before the Depression, filed for bankruptcy and plans sell off the more than 2,000 rugs it has left before shutting down for good.

And this time, they mean it.

In 2011, the store got a wrist-slap from then-Attorney General Eric Schneiderman for holding a going-out-of-business sale that lasted too long.

One of the groups of plaintiffs trying to sue General Motors Co. over economic losses relating to the massive recall tied to faulty ignition switches is asking the bankruptcy judge to allow its lawsuit to proceed. Read the Daily Bankruptcy Review story in The Wall Street Journal.