The Daily Docket: BofA, Barclays Can Move Ahead on Archstone

A judge on Friday said Bank of America Corp. and Barclays PLC could move forward with a $1.33 billion sale of half their stake in the Archstone apartment company to Sam Zell’s Equity Residential, calling Archstone co-owner Lehman Brothers Holdings Inc.’s bid to halt the deal an attempt to get the stake for itself at a lower price. Read the Daily Bankruptcy Review article here.

Jesco Construction Corp., a Mississippi company that specializes in disaster response and was part of the Hurricane Katrina cleanup, among others, filed for Chapter 11 bankruptcy protection. Click here to read the article in DBR Small Cap.

(The Daily Bankruptcy Review and DBR Small Cap are daily newsletters with comprehensive coverage and analysis of emerging and in-progress insolvencies and turnarounds. For a two-week trial to DBR, click here. For DBR SC, click here.)

Former MF Global Holdings Ltd. Chief Executive Jon Corzine is looking for office space in Manhattan, The Wall Street Journal reports.

WSJ assesses presidential hopeful Mitt Romney’s time running Bain Capital.

Irish developer Raymond Grehan, who was ordered to repay 300 million euros ($383.8 million) to Ireland’s “bad bank” last year, has been declared bankrupt, Reuters reports.

Am Law Daily notes a big start for bankruptcy in 2012.

Swiss refiner Petroplus Holdings is running out of time and money, the Source reports.

According to the St. Louis Post-Dispatch, Lambert-St. Louis International Airport seems to be in a good position to deal with more airline mergers and changes.

The Financial Times (sub. req.) has a series on capitalism in crisis.

Credit Slips discusses different takes on Greece’s financial crisis.

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