The Daily Docket: Lee’s Bankruptcy Plan Confirmed

Newspaper publisher Lee Enterprises Inc. on Monday won court permission to exit bankruptcy under a plan that puts off the day of reckoning on hundreds of millions of dollars in debt. Read the Daily Bankruptcy Review article via The Wall Street Journal.

Potomac Supply Corp., a Kinsale, Va.-based sawmill and lumber supplier, filed for Chapter 11 bankruptcy protection Friday after announcing earlier this month it would be temporarily closing down its manufacturing operations. Click here to read the article in DBR Small Cap.

(The Daily Bankruptcy Review and DBR Small Cap are daily newsletters with comprehensive coverage and analysis of emerging and in-progress insolvencies and turnarounds. For a two-week trial to DBR, click here. For DBR SC, click here.)

Alternative fuel product developer Evergreen Energy Inc. has filed for Chapter 7 bankruptcy liquidation, Bloomberg reports.

According to WSJ, brokers handling the Los Angeles Dodgers sale got multiple bids over $1 billion.

American Airlines said Monday that even if employee pension plans are frozen, vested workers will stay protected, WSJ reports.

Swiss refiner Petroplus said it will file for insolvency, WSJ reports.

According to Reuters, Eastman Kodak Co. has replaced its chief restructuring officer in a surprise move.

DealBook looks at a new approach to bankruptcy fees.

The Financial Times discusses derivatives counterparty leaving the euro.

The iconic H&H Bagel may be struggling, but its owner is talking with investors and looking for dough, and he’s confident the company will survive, WSJ reports.

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