The Daily Docket: Lehman Selling More Claims Against Brokerage

06/03/13
European Pressphoto Agency

Lehman Brothers Holdings Inc. is selling more of the claims against its defunct brokerage, as part of a continuing strategy to quickly recover money that will go to its creditors. Read the Daily Bankruptcy Review article here.

(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, visit our homepage, scroll to the bottom and click “try for free.”)

According to the State Journal, the United Mine Workers of America are rallying after a ruling cleared Patriot Coal Corp. to slash contracts.

Jefferson County, Ala., officials are meeting with lawyers to talk about an agreement with sewer creditors, the Birmingham News reports.

Eastman Kodak Co. is offering a $49 million to deal with its environmental problems, the Associated Press reports.

Revel casino, which exited bankruptcy late last month, will head to the auction block, the New York Post reports.

The Pittsburgh Post-Gazette looks at Pittsburgh Corning’s asbestos legal issues.

Chrysler Group LLC reported an 11% rise in auto sales last month, The Wall Street Journal reports.

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

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