The Daily Docket: Lehman Brothers is Overdelivering

In liquidation, Lehman Brothers Holdings Inc. is overdelivering, The Wall Street Journal reports.

Peregrine Financial Group Inc.’s bankruptcy trustee has reached a more than $15 million deal to end a dispute with J.P. Morgan Chase over the Iowa-based financial firm’s 2012 collapse—a deal that will add money to the pot for some swindled Peregrine customers. Read the Daily Bankruptcy Review article in WSJ.

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Bondholders won round one of a duel with secured lenders over the rights to finance the bankruptcy turnaround effort of Global Geophysical Services Inc., which filed for Chapter 11 protection short on cash, but with new work in the pipeline. Read the Daily Bankruptcy Review article.

Energy Future Holdings is lining up around $9 billion of bankruptcy loans, Reuters reports.

Bitcoin exchange Mt. Gox said Friday that a court-appointed attorney reviewing the affairs of the company after its bankruptcy protection filing has been given an extension to submit a report on its future, WSJ reports.

A former employee in the finance office of Dewey & LeBoeuf LLP told prosecutors he helped cook the foundering law firm’s books to trick lenders and others into thinking the firm was on a solid financial footing, according to WSJ.

After it was unable to sell its peanut butter to Costco, Sunland Inc. is dumping the jars to expedite its bankruptcy sale, according to the Associated Press.

Write to Stephanie Gleason at [email protected]. Follow on Twitter at @stephgleason.