The Daily Docket: Energy Future Bankruptcy to Stay in Delaware
Energy Future Holdings Corp.’s $42 billion bankruptcy will remain in Delaware, a judge said Thursday, dashing the hopes of unhappy creditors who wanted to see the big Chapter 11 case moved to the company’s home state of Texas. 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.”)
Beleaguered Specialty Hospital of America LLC filed for bankruptcy protection Wednesday with a plan to sell its Washington, D.C., health care facilities to hedge fund Silver Point Capital. Read the DBR article via WSJ.
According to Bloomberg, a judge ruled that with enough due diligence, Bernard Madoff’s massive fraud could have been detected more than two years before it came to light.
Anglo Irish Bank Corp.’s former chief executive admitted to making “a lot of errors” in his bankruptcy filing, Bloomberg reports.
The city of North Las Vegas, Nev., is pressing for a bill that would allow Nevada cities for file for bankruptcy, the Las Vegas Review-Journal reports.
WSJ reports on how a consumer bankruptcy case is testing tenant protections.
Write to Melanie Cohen at [email protected]. Follow her on Twitter at @MelanieLisa.
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