The Daily Docket: Allied Nevada Gold Enters Bankruptcy

Allied Nevada Gold Corp . filed for chapter 11 bankruptcy protection Tuesday to cement a debt-slashing deal with creditors. 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.”)

BPZ Resources Inc . filed for bankruptcy protection Monday, the second Texas oil company to fall victim to falling oil prices in as many days. Read the DBR article in WSJ.

Atlantic City’s Trump Taj Mahal casino is on course to exit bankruptcy without a name change under a deal revealed Monday in bankruptcy court, DBR reports in WSJ.

Hundreds of people who claim they were sexually abused as children by Roman Catholic clergy members won a major victory against the Archdiocese of Milwaukee on Monday when a federal appeals court struck down a lower court’s decision to shield a $55 million trust from their claims. The DBR article is available in WSJ.

WSJ looks further into General Motors Co.’s $5 billion share buyback.

Dozens of publishers are suing retailer Family Christian, claiming the bankrupt company doesn’t have the right to sell about $20 million worth of their consigned books, music, DVDs and church supplies at an auction slated for later this year, DBR (sub. req.) reports.

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