The Daily Docket: Lehman Bankruptcy Plan Garners Overwhelming Suppor...

Some 95% of creditors of Lehman Brothers Holdings Inc. and its affiliates overwhelmingly approved its latest reorganization proposal, bringing the failed investment bank a step closer to paying back some of what it owes. Read the story here in the Daily Bankruptcy Review.

Unsecured creditors are suing U.S. Bank NA, the indenture trustee for $165 million in senior secured notes issued by Evergreen Solar Inc., claiming that U.S. Bank and the bondholders lack appropriate liens on two pools of assets. Read the Daily Bankruptcy Review Small Cap story here.

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The parent of American Airlines had been trying to renegotiate pay and work rules for pilots in the weeks before Tuesday’s Chapter 11 bankruptcy filing. Now, pension benefits could be at risk The Wall Street Journal reports.

The Journal speaks to Thomas Horton, who succeeds Gerard Arpey as chairman and chief executive of American Airlines parent AMR Corp.

Brookfield Asset Management, the Toronto-based investment giant that established a bridgehead in U.S. real estate during the downturn of the early 1990s, is ramping up its pursuit of big-ticket distressed properties, says WSJ.

Regulators poring over MF Global Holdings Ltd.’s books have been flummoxed by a tangled money trail that crosses borders and different parts of the securities firm, The Journal reports.

The move by American Airlines to seek bankruptcy protection on Tuesday raised concerns over billions of dollars of tax-exempt debt, particularly issued by airports where the carrier has a big presence, Reuters reports.

The bankruptcy of American Airlines’ parent deals a blow to the Dallas-Fort Worth region of Texas, says Bloomberg, noting the community’s identity and fortunes have been tied to the company and aviation for more than 80 years.

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