The Daily Docket: Lifestyle Lift Shuts Down, Considers Bankruptcy

Lifestyle Lift, a nationwide chain of cosmetic surgery centers, abruptly shut down the majority of its business Monday and said it is considering filing for bankruptcy. The Wall Street Journal has the Daily Bankruptcy Review article here.

(Daily Bankruptcy Review is a daily newsletter with comprehensive coverage and analysis of emerging and in-progress insolvencies and turnarounds. For a two-week trial, visit http://on.wsj.com/DJBankruptcyNews, scroll to the bottom and click “try for free.”)

Lehman Brothers Holdings Inc. collapsed more than six years ago, but the failed investment bank is still paying millions in bonuses to the team winding down its business, DBR reports in WSJ.

Creditors have come to terms with RadioShack Corp. over bonuses top-ranking insiders stand to earn in the weeks ahead, as the retailer attempts to save a slice of its battered collection of stores, DBR (sub. req.) reports.

According to Bloomberg, New York City tenants who file for bankruptcy won’t have to give up their rent-controlled apartments.

Spanish property developer Martinsa Fadesa is filing for bankruptcy, Agence France-Presse reports.

Caesars Entertainment Corp.’s revenue rose 6.3% in the fourth quarter, WSJ reports.

(And don’t forget to check out our latest batch of Examiners posts, on bankruptcy venue laws.)

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