The Daily Docket: James River Approved to Pay Bonuses

A judge said James River Coal Co. can pay up to $2.7 million in bonuses to its top executives, rejecting a challenge to the payments by the federal government’s bankruptcy watchdog. Read the Daily Bankruptcy Review article via The Wall Street Journal.

Natrol Inc., a California-based seller of vitamins and nutrition products, filed for Chapter 11 bankruptcy protection Wednesday. Read the DBR 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.”)

A Wall Street analyst slashed RadioShack Corp.’s price target to $0, MoneyBeat reports.

A judge dismissed defunct law firm Heller Ehrman LLP’s unfinished-business claims, Law Blog reports.

The San Jose Repertory Theatre has closed down after 34 years and said it will file for Chapter 7 bankruptcy, the San Jose Mercury News reports.

According to Bloomberg, Energy Future Holdings Corp. creditors wants a judge to temporarily stop the company from settling a $706 million dispute.

Energy Future’s unsecured bonds are at its highest level in a year, Bloomberg reports.

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