Bankruptcy Judge Gives Bloombeg Time to Fight Molycorp Disclosures

Bloomberg LP won more time to mount a challenge to a judge’s order for dozens of bankruptcy professionals to disclose conversations with the company over rare-earths miner Molycorp Inc. The Wall Street Journal has the Daily Bankruptcy Review article here.

(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.”)

A bankruptcy judge warned Wednesday that the reorganization of Caesars Entertainment Corp.’s bankrupt unit isn’t a given, DBR reports via WSJ.

American Apparel Inc.’s chief executive said the retailer’s turnaround after ex-CEO Dov Charney was ousted and she was appointed was harder than expected, DBR reports.

According to WSJ, the Federal Deposit Insurance Corp.’s vice chairman is faulting the Federal Reserve’s proposed debt requirements for big banks.

The U.S. Treasury secretary, Jacob Lew, urged congressional action on Puerto Rico, WSJ reports.

Dry-bulk shippers are facing an unprecedented crisis, WSJ reports.

Atlantic City, N.J., is eyeing bankruptcy after Gov. Chris Christie rejected state aid for the troubled city, the Associated Press reports.

Former bankruptcy judge Steven Rhodes, who presided over Detroit’s bankruptcy case, disputed via WSJ a previous article claiming that Detroit’s bondholders got “stiffed.”

Peabody Energy Corp. is “on everybody’s list” of coal companies that will enter bankruptcy, Bloomberg reports.

Eastman Kodak Co. is expecting its 2015 revenue to come in at or close to its forecast, WSJ reports.

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