The Daily Docket: Lehman Trustee Say RBS Must Pay Up

The trustee winding down the U.S. brokerage business of Lehman Brothers Holdings Inc. says a Royal Bank of Scotland Group PLC affiliate should be forced to pay more than $345 million stemming from old swap agreements, and that non-payment would violate the automatic-stay provision afforded to companies that file for bankruptcy protection. Read the Daily Bankruptcy Review story here.

Subsidiaries of Security National Master Holding Co., which buys and services loans and also invests in commercial real estate, sought Chapter 11 protection in Delaware. Read the Daily Bankruptcy Review Small Cap story here.

(The 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 to DBR, click here. For DBR SC click here.)

The beginning of the end for Enron Corp. came exactly a decade ago, The Wall Street Journal reports, but the energy giant’s colossal collapse casts a long shadow over the government’s efforts to punish wrongdoing during the financial crisis.

Wilbur Ross Jr.’s track record hasn’t been enough to win over some firms that looked at his latest private-equity fund, WSJ reports.

A plan to resurrect a shuttered New Jersey hospital—potentially the first such facility to re-open after two decades of closures in the state—is drawing fire from competing medical centers that say it would weaken health care in the region, WSJ reports.

Frank and Jamie McCourt reach settlement involving the Los Angeles Dodgers calling for her to give up any claim to the team, setting up what appears to be a winner-take-all court showdown between Frank and MLB Commissioner Bud Selig, the Los Angeles Times reports.

The New York Times magazine takes a look at the fallout from the battle over the troubled Manhattan luxury condo One Madison Park.

Reuters says crisis management guru Michael Sitrick’s public relations firm is grappling with plunging earnings and a stream of executive defections that have set tongues wagging.

“Red Red Ink.” Reggae stars UB40 are declared bankrupt in the U.K., the Daily Mail reports.

Follow Bankruptcy Beat on Twitter.