The Daily Docket: Lawsuit Could Undo Parts of GM Bailout

General Motors Co . is worried that a little-noticed lawsuit could reopen the books on its massive 2009 federal bailout, a deal touted by President Barack Obama as one of his chief first-term achievements during this year’s presidential election. Read the Daily Bankruptcy Review article here.

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According to The Wall Street Journal, National Futures Association auditor Lauren Brinati has left the regulatory body, which has audited Peregrine Financial Group Inc.

According to the Associated Press, New York Gov. Andrew Cuomo is expected to sign off on his temporary takeover of the New York Racing Association, or NYRA.

A large South Korean private-equity deal collapsed between MBK Partners and Woongjin Holdings Co., which wanted to sell off its water-purification business, collapsed after Woongjin filed for receivership, WSJ reports.

Some of Residential Capital LLC’s secured bondholders are ending their support of the company’s bankruptcy-exit plan, Reuters reports.

According to Bloomberg, the Securities and Exchange Commission wants to intervene in Lehman Brothers Inc.’s $5.5 billion dispute with Barclays Plc .

Bloomberg also notes that Lehman Brothers Holdings Inc. wants to sell off apartment owner Archstone Inc. at another peak in what could be the biggest initial public offering of a real-estate investment trust.

Fiat SpA wants a U.S. court to resolve a fight over what it has to pay a retiree health-care trust for a stake in Chrysler Group LLC, WSJ reports.

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