The Daily Docket: Coldwater Creek Plan Confirmed

09/18/14
Associated Press/Elaine Thompson

As former customers keep a wary eye on the online version that new owners are planning for the Coldwater Creek women’s clothing line, the former company Wednesday won confirmation of its bankruptcy debt-payment plan. Read 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.”)

Smallpox drug maker Siga Technologies Inc. on Wednesday told a judge that without bankruptcy protection, it “would no longer be able to continue its operations,” DBR reports via WSJ.

Caesars Entertainment Corp.’s biggest unit’s senior lenders are engaging in talking to help cut the company’s $25 billion in debt, Bloomberg reports.

A judge approved a $2.9 million settlement to benefit people whose water was tainted by a massive chemical spill at Freedom Industries Inc., the Associated Press reports.

According to WSJ, the Dubai Financial Services Authority restricted the ability of an Espírito Santo Financial Group subsidiary to take or pay deposits to protect clients’ interest.

About $50 million has turned up in a freeze of Brazilian businessman Eike Batista’s assets, WSJ reports.

New York City and state officials want the Court of Appeals to protect rent-stabilized leases in bankruptcy, WSJ reports.

Veteran bankruptcy lawyer Richard Cieri is retiring from law firm Kirkland & Ellis, Reuters reports.

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

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