The Daily Docket: Ergen Fights Hedge Funds Over LightSquared

Dish Network Corp. Chairman Charlie Ergen is again fighting with a group of hedge funds that hold LightSquared’s bank debt, this time over which side should be providing a short-term bankruptcy loan to keep LightSquared afloat. Read the Daily Bankruptcy Review article via The Wall Street Journal.

(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.”)

A judge granted final approval Friday for bankruptcy financing for Fisker Automotive Inc., a failed maker of luxury hybrid autos that is being fought over by China’s Wanxiang Group and Hybrid Tech Holdings, a company associated with Hong Kong billionaire Richard Li. The DBR article is available via WSJ.

Oleo e Gas Participacoes SA is in talks to secure new funding, Reuters reports.

According to WSJ, Freedom Industries Inc., which owns the West Virginia chemical facility where a major spill happened, consists of multiple entities that have been merged.

Fiat SpA Chief Executive Sergio Marchionne wants to propose a U.S. stock listing, WSJ reports.

A New York Times piece looks at Gregory M. Owens as an example of the economic issues in the legal profession.

Ponzi-scheme operator Tom Petters wants release on bail, the Star Tribune reports.

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