Amended Energy Future Plan Would Give Option for Bondholder Buyout o...

Energy Future Holdings Inc. amended its chapter 11 plan, which would give an option for a bondholder buyout of its Oncor business. The Daily Bankruptcy Review article is available in The Wall Street Journal.

(Daily Bankruptcy Review is a daily newsletter with comprehensive coverage and analysis of emerging and in-progress insolvencies and turnarounds. For a two-week trial, visit http://on.wsj.com/DJBankruptcyNews, scroll to the bottom and click “try for free.”)

Colt Defense LLC is backing a bid by its creditors for a probe of the ties between its landlord and its majority owner. Read the DBR article via WSJ.

As DBR reports in WSJ, Bernard Madoff trustee Irving Picard’s law firm is seeking $40.1 million in payments for four months’ worth of work on the case.

The former RadioShack is moving closer do a deal with creditors so it can exit bankruptcy, DBR reports in WSJ.

According to Reuters, offshore driller Hercules Offshore Inc. says it is about three weeks from bankruptcy.

Puerto Rico’s power company rejected a plan from bondholders that would call for a debt exchange of $8.1 billion, the Associated Press reports.

Commodities shipper Trans Coastal Supply Co. filed for chapter 11, Reuters reports.

New York taxis are facing financial stress, WSJ reports.

Write to Melanie Cohen at [email protected]. Follow her on Twitter at @MelanieLisa