The Daily Docket: Deb Shops Wins Approval for GOB Sales

Teen fashion retailer Deb Shops on Wednesday won court approval to launch going-out-of-business sales that will culminate with the closing of nearly 300 stores. 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 Bloomberg, some of Casears Entertainment Corp.’s senior bondholders are trying to make it tough for the casino owner to get enough votes on a bankruptcy plan.

Shale oil producer WBH Energy filed for bankruptcy, Reuters reports.

Smallpox drug maker Siga Technologies Inc. was told to pay PharmAthene Inc. $113 million in a dispute over the medicine that drove Siga into bankruptcy, Bloomberg reports.

Retailer Body Central could be facing bankruptcy after receiving a default notice, Reuters reports.

(Also, don’t forget to check out our blog post on the cold retail climate that’s hitting women’s clothing stores.)

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