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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

Puerto Rico hired restructuring advisers to work on utility and highway operations, The Wall Street Journal reports.

Quiznos is pushing off until May a key court hearing on its bankruptcy exit plan after unsecured creditors asked for more time to probe its restructuring strategy. Read the Daily Bankruptcy Review article via WSJ.

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.

The bankrupt city of Detroit is in advanced talks with some bond insurers to strike a deal as early as Wednesday in efforts to build more momentum for its plan of reorganization, the Wall Street Journal reports.