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Energy Future Holdings Corp. filed for Chapter 11 bankruptcy Tuesday, after reaching a deal with creditors on the terms of a debt-for-equity swap to restructure the private-equity backed utility’s debt load of more than $49 billion.

With $36.45 billion in assets and $49.7 billion in debt, Energy Future’s bankruptcy ranks as the 10th biggest in U.S. history. Read Energy Future’s bankruptcy petition and the list of its 50 largest unsecured creditors here.

Nortel Networks is preparing to spend more than $1 million on technology for an upcoming court fight over $7.3 billion raised in its global liquidation, a trial that will be broadcast live—but not to the public.

Only “authorized users” will be able to view the Webcast of the fight for the failed telecommunication company’s billions, according to an outline of the trial technology plan filed with the courts overseeing Nortel’s dissolution.

Fear of another bankruptcy for Atlantic City, N.J.’s Revel casino prompted a local casino workers’ union to do its own calculation of what a prospective buyer should be

Transparency and bankruptcy go hand in hand, but the bankruptcy judge overseeing a closely watched asbestos case has taken an unusual step to keep certain details shielded from public view.

Last month, unredacted transcripts from confidential court proceedings in the bankruptcy case of Garlock Sealing Technologies LLC were inadvertently made available to the public online. Once staff of the U.S. Bankruptcy Court in Charlotte, N.C., realized this, the transcripts were yanked from the court docket and replaced with their redacted versions.

Calumet Photographic Inc., the photography retail chain whose abrupt shuttering and bankruptcy filing surprised customers, has found a buyer for some of its assets.