The Daily Docket: Lehman Swiss Deal Doubles Some Recoveries

Liquidators of the Swiss derivatives unit of Lehman Brothers Holdings Inc. said a recent settlement may double recoveries for the subsidiary’s creditors. Read the Daily Bankruptcy Review article here.

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The U.S. Postal Service keeps hemorrhaging cash and will need more taxpayer money if Congress doesn’t move to fix its financial issues, The Wall Street Journal reports.

Koch Industries might be interested in buying Tribune Co. ’s newspapers, WSJ reports.

According to WSJ Sprint Nextel Corp. is in a battle to buy the stake it doesn’t already own in Clearwire Corp.

David Tepper’s Appaloosa Management is betting on Energy Future Holdings Corp.’s debt, the Financial Times (sub. req.) reports.

Retired Stockton, Calif., public employees might see a decrease in pensions, Bloomberg reports.

Gigaom.com discusses what went wrong with Fisker Automotive.

WSJ looks at CWCapital Asset Management LLC’s interest in raising operating income before putting its housing complex up for auction.

According to Reuters, bank reform in Mexico could make it easier for banks to collect on bad loan guarantees.

The Democrat and Chronicle reports that Eastman Kodak Co. won approval of an extended plan-filing deadline.

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