The Daily Docket: Frederick’s of Hollywood Enters Bankruptcy

Frederick’s of Hollywood filed for bankruptcy protection Sunday with a $22.5 million offer in hand from Authentic Brands Group LLC. 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 http://on.wsj.com/DJBankruptcyNews, scroll to the bottom and click “try for free.”)

PricewaterhouseCoopers LLP said it would pay $65 million to settle a class-action lawsuit over MF Global Holdings Ltd., WSJ reports.

Women’s clothing chain Simply Fashion Stores Ltd. sought bankruptcy protection Thursday with plans to liquidate, DBR reports via WSJ.

WSJ reports that Patriot Coal Corp., which left bankruptcy less than two years ago, sought help form restructuring advisers.

Michigan steel maker Lee Steel Corp. filed for chapter 11 protection, Crain’s Detroit Business reports.

A judge on Friday said he wouldn’t reconsider his opinion to keep ex-Tactical Firearms owner Jeremy Alcede in jail, the Houston Chronicle reports.

Stephen Lubben discusses via DealBook gun maker Colt’s possible prepackaged bankruptcy.

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