The Daily Docket: Judge Signals Approval of $4 Billion Capmark Bankr...

A Delaware bankruptcy judge Friday said he would approve Capmark Financial Group Inc.’s Chapter 11 plan that will see what was once on of the nation’s largest commercial-real-estate lenders exit bankruptcy as a shadow of its former self. Read the Daily Bankruptcy Review story here.

Massachusetts retirement community Linden Ponds Inc. won permission to implement a plan that restructures $151 million in municipal bond debt, about two months after entering Chapter 11 protection. Read the Daily Bankruptcy Review Small Cap story here.

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Unstable markets have stalled a deal for MediaNews Group Inc. to buy Freedom Communications Inc.’s newspapers, The Wall Street Journal reports, setting back the companies’ efforts to navigate a more challenging media landscape.

A federal judge in Texas upheld fees paid to law firm Baker Botts LLP of $113 million, plus $6 million for expenses, for its handling of the 2009 Asarco LLC bankruptcy, reports WSJ.

A federal judge signaled Friday that he likely would allow a lawsuit to go ahead against the New York Mets’ owners filed by the trustee recovering money for Bernard Madoff’s victims, WSJ reports.

A former Lehman Brothers Holdings Inc.’s employee is now Great Britain field-hockey goalkeeper, Bloomberg reports.

Creditors of Inner City Media Corp., the holding company for the owner of New York City’s WLIB and WBLS radio stations, filed an involuntary Chapter 11 bankruptcy petition, reports Bloomberg.