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Solyndra LLC Monday defeated a takeover threat from the U.S. Department of Justice, which demanded the company be put into the hands of a bankruptcy trustee as probes of a $527 million federal loan continue. Read the Daily Bankruptcy Review story here.

The trustee winding down the U.S. brokerage business of Lehman Brothers Holdings Inc. says a Royal Bank of Scotland Group PLC affiliate should be forced to pay more than $345 million stemming from old swap agreements, and that non-payment would violate the automatic-stay provision afforded to companies that file for bankruptcy protection. Read the Daily Bankruptcy Review story here.

Washington Mutual Inc., still reeling from a bankruptcy judge’s second rejection of its $7 billion creditor-payment plan, is appealing a ruling that paves the way for its shareholders to pursue insider-trading claims against prominent distressed-debt investors. Read the Daily Bankruptcy Review story here.

A judge denied Garlock Sealing Technologies LLC’s bid to obtain legal documents from decade-old asbestos bankruptcies, warning the consequences of doing so would upend previously struck resolutions to billions of dollars in claims. Read the Daily Bankruptcy Review story here.

A real-estate fund run by Goldman Sachs Group Inc. has walked away from a $1.26 billion deal with Lehman Brothers Holdings Inc. to buy a portfolio of 10 office buildings in a suburb of Washington, according to a lawsuit filed Thursday. Read the Daily Bankruptcy Review story here in The Wall Street Journal.