WSJcomBankruptcyBeat

The duel over Fisker Automotive Inc. continued to heat up Monday, when a company connected to Hong Kong’s Richard Li boosted its bid for the failed maker of luxury hybrid vehicles. Read the Daily Bankruptcy Review article here.

New York City shoppers with stiff upper l

Attorneys working to settle litigation over a deadly fungal meningitis outbreak say they hope to finalize a tentative $100 million-plus deal and present it for court approval in the next two months.

At a Friday afternoon hearing, attorney Michael Gottfried told the U.S. District Court in Boston that “substantial progress is being made” toward finalizing a settlement.

A bidding war is brewing for Constar International Holdings LLC, the Philadelphia-based maker of plastic bottles that scrambled for the safety of bankruptcy in December, clutching a $68.5 million buyout offer from an affiliate of Australia’s Amcor Ltd. Read the Daily Bankruptcy Review article here.

Sayan Bhattacharyya has been named partner in the New York office of Stroock & Stroock & Lavan. Mr. Bhattacharyya works on financial restructurings, and he represents hedge funds, private equity funds and banks both in and out of court. He’s worked on a number of well-known cases including AMF Bowling, Great Atlantic & Pacific Tea Co., Indiana Downs, Loehmann’s and Vertis.