WSJcomBankruptcyBeat

Sandrine’s has filed for bankruptcy with a buyer in mind to revive the French restaurant in Cambridge, Mass.’s Harvard Square.

In court papers, the restaurant, which has lost customers and expects to fall $200,000 short this year, declared that it has “slowly lost its reputation for innovation and leadership in the French cuisine.”

A series of settlements to benefit victims of Bernard Madoff’s massive Ponzi scheme will go before a bankruptcy judge Wednesday in Manhattan for final approval.

The settlements include a $95 million deal struck with Senator Fund SPC, an investment fund that parked all of its money with Mr. Madoff, and a $497 million deal to collect money from Herald Fund SPC and Primeo Fund.

Rick Antonoff has joined law firm Blank Rome as a partner with the finance, restructuring and bankruptcy group. Mr. Antonoff, who most recently worked at Clifford Chance, represents secured and unsecured creditors, investors and other parties in bankruptcy cases and out-of-court restructurings. He has worked on such well-known bankruptcy cases as the Los Angeles Dodgers, AMR Corp.

People with unpaid medical bills are finding themselves in a “haphazard system” of debt collection, in which some consumers don’t realize they owe money or are still waiting for bills when their debt is sent to a collections agency, a U.S.

Some of Ponzi scheme-operator Scott Rothstein’s law firm credi