The Daily Docket: Energy Future Preps for Bankruptcy

The Wall Street Journal reports on Energy Future Holdings Corp.’s preparation for a bankruptcy filing.

Long Island, N.Y.’s, shut Long Beach Medical Center filed for Chapter 11 bankruptcy Wednesday to sell what remains of its assets after Hurricane Sandy devastated the hospital a little more than a year ago. Read the Daily Bankruptcy Review article via WSJ.

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Clothing company American Apparel Inc. hired restructuring advisers amid weak sales and a lot of debt, The Wall Street Journal reports.

Women’s clothing retailer Dots is preparing to sell its roughly 370 stores at a Feb. 26 auction, DBR reports via WSJ.

According to Bloomberg, Ernst & Young LLP needs to face a fee claim in the Lehman Brothers Holdings Inc. case.

Spanish fishing company Pescanova SA’s shareholders want creditors to accept up to 73% in losses, Bloomberg reports.

Credit Slips looks at the liquidation of Fairfield Sentry, Bernard Madoff’s biggest feeder fund, in Chapter 15 protection.

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