The Daily Docket: Brookstone Creditors Cleared to Vote on Exit Plan

Brookstone Holdings Corp.’s creditors can begin voting on a bankruptcy-exit plan that relies on the sale of the specialty retailer at an upcoming auction. 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.”)

According to WSJ, J.P. Morgan Chase & Co. will invest $100 million in Detroit over the next five years.

A judge approved Tuscany International Drilling Inc.’s plan to sell its operations to a group of lenders after the company made changes to the proposal that could give some recoveries to disgruntled equity holders, DBR reports via WSJ.

Credit Slips looks at all the questions surrounding Detroit’ Chapter 9 bankruptcy case.

The company that bought the Saab brand out of bankruptcy is halting production, WSJ reports.

Actor Michael Jace, who’s known for his role in the TV show “The Shield” and who’s beein in Chapter 13 bankruptcy since 2011, was arrested for suspicion of murder of his wife, Reuters reports.

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