Colt Defense Wins Chapter 11 Plan Confirmation

Connecticut gun manufacturer Colt Defense LLC won confirmation of its chapter 11 bankruptcy plan. Read 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.”)

The Fed this week rose interest rates for the first time in seven years, but what does that mean for restructurings? Check out Bankruptcy Beat’s analysis.

Bankruptcy Beat reports on the chapter 11 filing of a western New York newspaper chain. It blamed the filing on last year’s mega-snowstorm in the area, which some dubbed as Snowvember.

Relativity Media LLC is on track to emerge from bankruptcy early next year, DBR reports.

The House of Representatives is turning attention to the debt crisis in Puerto Rico, Washington Wire reports. Meanwhile, Bloomberg notes, the territory’s governor warns that it will default in January or May.

New Jersey state lawmakers on Thursday are set to cast votes on an aid package for the financially beleaguered Atlantic City, the Associated Press reports.

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