The Daily Docket: Ahern Wins Bondholder Support for Plan

Ahern Rentals Inc. and its bondholders have agreed to a path out of Chapter 11 bankruptcy for the construction-equipment company, narrowly avoiding a showdown over rival restructuring plans. Read the Daily Bankruptcy Review article here.

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Goldman Sachs Group Inc., which is already providing Arcapita Bank$350 million in bankruptcy exit financing, is now seeking to give the Bahrain investment firm a $175 million bankruptcy loan that would pay off existing lender Fortress Investment Group LLC. Read the DBR article via Nasdaq.

According to Reuters, Teamsters are keeping up efforts to displace ground workers’ unions at American Airlines and US Airways Group Inc.

Officials of Dolton, Ill., a Chicago suburb, say the village is near bankruptcy, the Associated Press reports.

General Motors Co. is defending a $367 million hedge fund settlement, Law360 (sub. req.) reports.

Struggling Fisker Automotive lost board member Ray Lane, who’d helped get investors in the company’s early days, Reuters reports.

Credit Slips balks at a New York Times column that discusses bankruptcy issues involving the Supreme Court.

Reuters discusses financial woes in California’s wine country.

Bloomberg looks at Chrysler’s comeback.

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