The Daily Docket: Argentina Just Hours From Debt Default

A group Argentina banks are working on a last-minute plan to help the country avoid default, The Wall Street Journal reports.

As Love Culture Inc. prepares for a Wednesday bankruptcy auction, the clothing retailer is asking a judge to rule that its e-commerce business be included in the assets for sale, as the company challenges an unapproved insider sale of the business that allegedly took place three months ago. Read the Daily Bankruptcy Review story.

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As Argentina hurtles toward a second default in 13 years, an 83-year-old U.S. judge is in the spotlight, WSJ reports.

Faced with the possible extinction of the material that made Hollywood famous, WSJ says a coalition of studios is close to a deal to keep Eastman Kodak Co. in the business of producing movie film.

The Tokyo Metropolitan Police Department said Wednesday that it has launched a formal investigation into the disappearance of bitcoins from defunct exchange Mt. Gox, The Journal reports.

San Bernardino’s firefighters are “stonewalling” negotiations in the California city’s bankruptcy,  according to federal judge, Bloomberg reports.

The start of a critical hearing on Detroit’s plan to adjust $18 billion of debt and exit bankruptcy will be delayed by one week to Aug. 21, Reuters reports.

Write to Patrick Fitzgerald at [email protected]. Follow him on Twitter at @PatFitzgerald23.