The Daily Docket: Ex-Dewey Executives Settle Suit

Two former Dewey & LeBoeuf LLP executives have settled a civil suit brought by the defunct firm’s bankruptcy trustee to recover nearly $22 million, according to a Tuesday court filing. Law Blog 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.”)

The Mt. Gox bankruptcy trustee said he would think about returning the company’s remaining bitcoins unconverted, The Wall Street Journal reports.

Detroit pension fund leaders were relieved after votes showed the endorsement by pension holders of the city’s debt-cutting plan, WSJ reports.

Espírito Santo International SA’s Rioforte Investments unit filed for creditor protection, WSJ reports.

According to WSJ, hedge fund BlueMountain Capital Management LLC filed a lawsuit alleging Puerto Rico’s new restructuring law is unconstitutional.

General Motors Co. vehicle sales are surging even amid the wave of recalls, Bloomberg reports.

Malaysian Airlines System Bhd. is likely to face a delisting after its second major disaster in four months, and options may even include bankruptcy, Bloomberg reports.

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