Corinthian Wins Liquidation Plan Approval

Defunct for-profit educator Corinthian Colleges Inc. won approval of a liquidation plan that will set aside some money for former students looking to discharge of loans, Daily Bankruptcy Review reports via 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.”)

The former RadioShack Corp. plans to refund some gift cards in full, DBR reports in WSJ.

Sabine Oil & Gas Corp.’s unsecured creditors want to look into the company’s 2012 merger with Forest Oil Corp, DBR reports via WSJ.

Bloomberg reports that Peabody Energy Corp. hired Lazard Ltd. to restructure its $6.3 billion in debt.

The Associated Press reports that Solyndra misrepresented facts and didn’t disclose key information when trying to get a $535 million loan guarantee from the U.S government, a four-year investigation concluded.

Pilots with Republic Airways Holdings Corp. nixed a proposed contract, putting the airline’s future in doubt, Bloomberg reports.

Stephen J. Lubben writes via DealBook about how flexible bankruptcy venues rules affect big bankruptcy filings.

A witness in the Dewey & LeBoeuf trial said Wednesday that the defunct firm inflated key metrics in the years leading up to its collapse, WSJ reports.

Credit Slips discusses predictions for the number of 2015 bankruptcy filings.

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