The Daily Docket: LightSquared Can Move Ahead With $2.65B Plan

A judge on Monday said LightSquared could move forward with its $2.65 billion restructuring proposal over the strong objection of Dish Network Corp. Chairman Charlie Ergen, LightSquared’s largest secured creditor. Read 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 our homepage, scroll to the bottom and click “try for free.”)

Six bitcoin exchanges are trying to reassure customers of their funds’ security in the wake of concern over the Japan-based Mt. Gox, WSJ reports.

Read more information on the Chapter 15 bankruptcy filing of China’s Suntech Power Holdings Co. in DBR via The Wall Street Journal.

DealBook reports on the four pension systems fighting to recover money from Alphonse Fletcher’s hedge fund.

A video from Bloomberg looks at Detroit’s bankruptcy plan.

Reuters reports on China’s record levels of corporate debt.

According to the Daily Business Review (sub. req.), the trustee for Ponzi-scheme operator Scott Rothstein’s law firm is seeking a $2 million judgment against Mr. Rothstein’s wife for hiding assets.

According to Bloomberg, Stein Mart Inc.’s set to open two stores this year in locations that were occupied by Loehmann’s Holdings Inc., which is shutting down in bankruptcy.

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