Caesars Restructuring Chief Wants Parties to ‘Come Together’

Caesars Entertainment Operating Co.’s restructuring chief said Thursday he thinks the company has “set the table” for a successful reorganization, but lawsuits against the casino giant’s parent could hamper the progress made in the company’s bankruptcy case. 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 said the trustee recovering money for victims of Bernard Madoff’s Ponzi scheme can move forward with his bid to claw back hundreds of millions of dollars in so-called fictitious profits from Mr. Madoff’s customers, DBR reports in WSJ.

RadioShack Corp. lender Salus Capital is urging a judge to convert the retailer’s bankruptcy to chapter 7, Reuters reports.

According to Reuters, Exide Technologies Inc. wants its bankruptcy judge to enforce an injunction in its reorganization plan.

A $35 million settlement for Fair Finance was approved, the Akron Beacon Journal reports.

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