The Daily Docket: Judge Approves Stockton Bankruptcy Plan

The federal judge overseeing the two-year-long bankruptcy of Stockton, Calif., ruled Thursday that the distressed city can exit court protection without deeper cuts to its pension obligations. The Wall Street Journal has the Daily Bankruptcy Review article here.

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A bankruptcy judge in New Hampshire on Thursday ordered the unsealing of papers spelling out, in detail, the reasons jilted Apple Inc. supplier GT Advanced Technologies Inc. filed for Chapter 11 bankruptcy protection, DBR reports in WSJ.

A bankruptcy judge on Thursday approved a restructuring plan that will hand control of ComcastSportsNet Houston, a regional sports network, to DirecTV and AT&T Inc., DBR reports in WSJ.

Harbinger Capital Partners LLC lost a bid to reject a $2.4 billion claim made by competing lenders in the LightSquared case, Bloomberg reports.

According to Bloomberg, the U.S. Treasury wants to keep confidential information from the General Motors Co. bailout a secret.

A bankruptcy judge refused this week to dismiss lawsuits against seven former Dewey & LeBoeuf LLP partners seeking nearly $16 million for the defunct law firm’s creditors, ruling that under New York state law, any money the partners were paid while the firm was insolvent can be clawed back. Read the DBR article in Law Blog.

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