WSJcomBankruptcyBeat

As Lehman Brothers Holdings Inc. prepares to start paying out some $65 billion to its creditors, it’s seeking approval of deals to bring more than $390 million into its coffers. Read the Daily Bankruptcy Review article here.

A bankruptcy judge told Young Buck to get straight out of Cashville.

A handful of hedge fund companies that specialize in buying up the distressed debt of bankrupt businesses are suing Delphi Automotive PLC and some of its biggest backers, claiming the newly public auto-parts supplier is shortchanging them on a potential recovery of up to $300 million. Read the Daily Bankruptcy Review article here.

The owner of several luxury resorts has won permission to place its Doral Golf Resort & Spa on the auction block, with a $150 million bid from Donald Trump’s hotel group leading the way. Read the Daily Bankruptcy Review article here.

Cash-strapped Swedish car maker Saab Automobile declared itself bankrupt Monday, nine months after halting production due to a lack of funds. Read The Wall Street Journal story here.