The Daily Docket: Excel Maritime May Enter Bankruptcy

Struggling shipping company Excel Maritime Carriers Ltd. is nearing a restructuring deal with its lenders but could still have to file for Chapter 11 in the U.S., according to a person familiar with the matter. Read the Daily Bankruptcy Review article here.

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MoneyBeat reports on Energy Future Holdings Corp.’s proposal to file a prepackaged bankruptcy.

According to Bloomberg, noteholders for Residential Capital LLC are looking to sue to help investors to collect as much of what they’re owed as possible.

LSK Solar Co. reported fourth-quarter losses and lower revenue, The Wall Street Journal reports.

WSJ discusses American Airlines parent AMR Corp. ’s narrower loss.

Billionaire Wilbur Ross is set to testify before a bankruptcy reform panel at the American Bankruptcy Institute’s spring meeting, Reuters reports.

According to Bloomberg, Fisker Automotive Inc. spent $660,000 on each $103,000 plug-in vehicle it produced.

Barclays Plc got rid of two senior executives Thursday, WSJ reports.

Credit Slips has a trivia question: Who was the first bankruptcy lawyer to serve in the Senate?

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