The Daily Docket: Dune Energy Files for Bankruptcy
Dune Energy Inc . filed for bankruptcy protection Sunday after falling oil prices caused a proposed merger with Eos Petro Inc. to fall apart. 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 http://on.wsj.com/DJBankruptcyNews, scroll to the bottom and click “try for free.”)
U.K. insurance company Towergate Finance PLC is seeking the aid of a U.S. bankruptcy court as it works through its financial troubles in the High Court of Justice of England and Wales, DBR (sub. req.) reports.
General Motors Co. will reveal plans about a share buyback as soon as Monday, WSJ reports.
Serie A soccer clubs will help the struggling Parma finish the season, Reuters reports.
The Associated Press reports on Fairmont General Hospital’s bankruptcy plan, which it submitted to a judge.
(And don’t forget to check out our week-ahead post previewing LightSquared’s confirmation hearing.)
Write to Melanie Cohen at [email protected]. Follow her on Twitter at @MelanieLisa
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