The Daily Docket: Aereo Approved to Auction TV Streaming Technology

12/29/14

A bankruptcy judge said Aereo Inc. can auction its TV streaming technology after the company struck a deal with broadcasters over the sale process. 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 our homepage, scroll to the bottom and click “try for free.”)

Goldman Sachs Group Inc. and some of its clients face an $835 million loss over a Banco Espírito Santo SA loan, WSJ reports.

According to WSJ, Caesars Entertainment Corp. revealed details on its planned restructuring.

According to WSJ, there’s been a wave of foreclosure notices in Detroit for unpaid property taxes.

WSJ reports that Espírito Santo’s Portugese bank, Novo Banco, has garnered interest from at least four possible buyers.

The city of East Cleveland, Ohio, is at considering filing for bankruptcy, the Associated Press reports.

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

[more]