The Daily Docket: Judge Approves Anadarko Settlement Over Tronox Acq...

A judge on Monday approved Anadarko Petroleum Corp.’s $5.15 billion settlement over its ill-fated acquisition of Tronox Inc., the final major hurdle in the federal government’s largest environmental settlement ever. The Wall Street Journal has the Daily Bankruptcy Review article here.

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According to Bloomberg, Caesars Entertainment Corp. reached a deal outlining a restructuring plan that would include a prearranged bankruptcy.

The U.S. arm of India’s Aurobindo Pharma won a bankruptcy auction for Natrol Inc., offering $132.5 million for the vitamin and supplement maker, DBR reports via WSJ.

General Motors Co. said it would cut production and reduce staff, WSJ reports.

According to DealBook, Detroit’s bankruptcy-exit plan doesn’t leave its pension system without risks.

According to WSJ, American Airlines Group Inc. made a joint contract proposal to pilots.

DealBook looks at an attempt to save Sears Holdings Corp.

Entenmann’s is getting a little jealous of the slimmed-down Twinkie maker Hostess, which left bankruptcy last year, the New York Post reports.

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