The Daily Docket: Detroit Bankruptcy Could Come Within Days
A bankruptcy filing by the city of Detroit could come within days, The Wall Street Journal reports.
The U.S. Environmental Protection Agency added its voice to the chorus of regulators worried battery maker Exide Technologies Inc.’s bankruptcy loan poses a threat to public health and safety. Read the Daily Bankruptcy Review article here.
American Airlines wants to pay nearly $11.8 million to make sure it can continue flying its planes in and out of Chicago’s O’Hare airport, one of its hubs. Click here for the DBR article.
IntraOp Medical Corp. , the struggling company behind the Mobetron cancer-treatment machine, has proposed to sell the business at a Sept. 12 auction. The DBR Small Cap article is available here.
(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, visit our homepage, scroll to the bottom and click “try for free.”)
WSJ reports on how Detroit emergency manager Kevyn Orr is dealing with the job.
Two Detroit pension funds are suing Mr. Orr and Michigan Gov. Rick Snyder to block a city bankruptcy filing, Bloomberg reports.
Under a new settlement, creditors of Getty Petroleum Marketing Inc. will get an extra $93 million, Reuters reports.
According to the Press-Enterprise, San Bernardino, Calif.’s bankruptcy judge wants the case to stay on track for a late August bankruptcy-eligibility hearing.
WSJ reports on the resignation of fishing giant Pescanova SA ’s chairman.
Write to Melanie Cohen at [email protected]. Follow her on Twitter at @MelanieLisa.
[more]- Feeds Categories:
