The Daily Docket: Dynegy Bondholders Seek Examiner

The Wall Street Journal reports that a group of Dynegy Holdings’ bondholders want a judge to appoint someone to probe some “unusual” transactions leading to its bankruptcy filing.

The bankruptcy court’s stamp of approval on a plan to take collapsed Nevada real-estate project Inspirada out of Chapter 11 isn’t stopping objecting builder Meritage Homes Corp., which is appealing the court’s order. Read the Daily Bankruptcy Review article here.

Retired police officers and firefighters for the city of Central Falls, R.I., have moved to investigate whether money from their pension plan was improperly diverted to cover the city’s chronic multimillion-dollar budget shortfalls. Click here to read the article in DBR Small Cap.

(The 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 to DBR, click here. For DBR SC, click here.)

Law professor Stephen Lubben discusses via DealBook Dynegy Holdings’ “topsy-turvy” bankruptcy.

Bradley Abelow, the top deputy to former MF Global Holdings Ltd. head Jon Corzine, has been left to sort things out since Corzine quit the company, WSJ reports.

According to the New York Post, smaller MF Global customers think J.P. Morgan Chase & Co. wants to cut ahead of them in the failed broker-dealer’s creditor recovery.

Reuters reports that customers at rival firms of MF Global are wondering how safe their own money is.

Lawyers for the Los Angeles Dodgers asked a Delaware bankruptcy judge to be able to market the MLB team’s local media rights as part of the team’s sale, WSJ reports.

The Atlantic discusses presidential hopeful Mitt Romney’s treatment of medical-equipment company Dale International while he worked for Bain Capital, which sold the firm shortly before it filed for bankruptcy.

Musicians from the Louisville Orchestra want an extension on the time they have to accept or reject a contract offer because they only got the proposal Friday afternoon, the Courier-Journal reports.

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