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Hybrid Technology LLC has agreed to buy Fisker Automotive Inc.’s defaulted federal loan as part of its effort to buy the company, while Fisker filed for Chapter 11 bankruptcy protection as part of the deal, The Wall Street Journal reports.

Lawyers for onetime MF Global Inc. Chief Executive Jon Corzine and his former top lieutenants are appealing a recent bankruptcy-court decision calling for the full repayment to the failed brokerage’s customers, a move that a bankruptcy trustee said could delay his bid to pay back all of the money owed to the firm’s U.S. and overseas commodity customers. Read the story in the Daily Bankruptcy Review.

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Residential Capital LLC on Tuesday began building its case to exit Chapter 11 under a proposal supported by all but one of its major creditor groups, pointing out that those objectors are being treated better than all other creditors in the case, the Daily Bankruptcy Review reports.

A bidding war has broken out over the rights to a pair of games created by shuttered videogame deve