The Daily Docket: Highland Capital Wins $40 Million in Suit Against ...

A Texas jury on Friday awarded hedge-fund firm Highland Capital Management $40 million in its lawsuit against Credit Suisse over inflated appraisals of a dozen luxury properties such as golf communities and ski resorts during the mid-2000s. 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 our homepage, scroll to the bottom and click “try for free.”)

According to WSJ, Caesars Entertainment Corp. plans to acquire an affiliate in a stock-for-stock merger that will help the company’s debt load.

The endangered Trump Taj Mahal in Atlantic City, N.J., remained open through the weekend while lawyers worked to complete a $20 million lifeline from billionaire Carl Icahn. Read the DBR explainer in WSJ.

A judge ordered home confinement for former officials at New England Compounding Center, the compounding pharmacy blamed for a meningitis outbreak, the Associated Press reports.

American Apparel ’s stock surged Monday after it confirmed a buyout offer, DealBook reports.

Barron’s looks at credit derivatives keeping RadioShack Corp. afloat.

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