The Daily Docket: Indiana Toll Road Restructuring on the Fast Track

09/24/14

The operator of the Indiana Toll Road’s fast-track restructuring is under way, with an October court date to secure approval of its plan to tackle some $6 billion in debt. 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.”)

Maine’s Great Northern Paper Co., once a giant of New England’s pulp-and-paper industry, is liquidating what remains of its assets in bankruptcy, DBR reports via WSJ.

The Securities and Exchange Commission charged Barclays Capital Inc. with compliance failure following its 2008 acquisition of Lehman Brothers’ advisory business, WSJ reports.

Detroit leaders met Tuesday to discuss Kevyn Orr’s role in Detroit after he is no longer emergency manager for the city, the Detroit News reports.

A judge denied a request by creditors of Momentive Performance Materials Inc. to delay the company’s bankruptcy plan, Bloomberg reports.

According to WSJ, Saab’s owners said up to 200 employees will be laid off after talks about reviving production haven’t come up with a long-term financing agreement.

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

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