The Daily Docket: Lehman Says Deutsche Bank Has ‘Buyer’s Remorse’ Ov...

Lehman Brothers Holdings Inc. says Deutsche Bank AG is suffering from a case of “buyer’s remorse” after buying more than $2 billion in bankruptcy claims from Lehman’s second-largest foreign affiliate on a bet that it along with some of Wall Street’s savviest hedge funds would reap big profits under the investment bank’s restructuring plan. Read the Daily Bankruptcy Review story here.

Creditors of struggling Finnish electronics manufacturer Elcoteq SE are trying to force its Texas subsidiary into Chapter 11 bankruptcy protection, triggering a dispute over where the case should proceed. Read the Daily Bankruptcy Review Small Cap story here.

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Cerberus Capital Management LP tentatively agreed to buy Innkeepers USA Trust for a lower price than agreed upon in an earlier deal, The Wall Street Journal reports.

The pensions of nearly 6,000 Friendly’s workers and retirees are at risk under a plan for the restaurant chain’s owner to retain control of the company through bankruptcy proceedings, WSJ says.

Solar firm Solyndra LLC says the attention surrounding its government-guaranteed loan is making it harder to sell assets that could be used to pay back taxpayers. Read the Journal story here.

The Los Angeles Times says if Frank McCourt is forced to sell the Dodgers, a combination of debt load, tax liability plus a loan assumed in bankruptcy could wipe out much, if not all, of his profit.

Harrisburg’s mayor requested an emergency court hearing to dismiss the Pennsylvania capital’s bankruptcy case, Bloomberg reports, saying the filing was unauthorized.

A federal bankruptcy judge in New York has approved $120 million in legal fees and expenses for lawyers and consultants at “old” General Motors Corp., the Detroit News reports.