The Daily Docket: Judge Dismisses BofA Suit Over Ocala Collapse

A federal judge dismissed Bank of America Corp.’s lawsuit against units of Deutsche Bank AG and BNP Paribas SA, a win for the two foreign banks in their $1.75 billion dispute over losses suffered when a subsidiary of disgraced mortgage lender Taylor Bean & Whitaker Mortgage Corp. collapsed. Read the Daily Bankruptcy Review article here.

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Bernard Madoff trustee Irving Picard filed many new lawsuits Wednesday to try to recoup hundreds of millions of dollars, Reuters reports.

DealBook assesses the case against MF Global Holdings Ltd. executives.

A number of prominent bankruptcy law professors from across the political spectrum—including Georgetown’s Adam Levitin, Seton Hall’s Stephen Lubben and Penn’s David Skeel—are slated to testify Thursday at a congressional hearing on “protecting investors from government.”

According to the Chicago Tribune, Tribune Co. is moving closer to getting its bankruptcy plan approved.

Prosecutors are seeking a 230-year prison sentence for Ponzi-scheme operator Allen Stanford, Reuters reports.

The Financial Times reports on Sbarro Inc.’s plans to revamp after bankruptcy.

-Patrick Fitzgerald contributed to this article.

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