The Daily Docket: Madoff Bankruptcy Trustee Strikes Another Clawback...

An investment fund that parked all of its money with Bernard Madoff has agreed to give up $95 million for the benefit of Mr. Madoff’s victims in the second major settlement announced this week by the court-appointed official tracking down money tied to the biggest Ponzi scheme ever. Read Sara Randazzo’s Daily Bankruptcy Review story in The Wall Street Journal.

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Philip Falcone ’s Harbinger Capital Partners is urging a Colorado judge not to throw out its lawsuit against Dish Network Corp. and Dish Chairman Charlie Ergen, saying they “fraudulently deprived Harbinger of control of LightSquared when it was needed most,” writes DBR’s Joe Checkler in the Journal.

The insider-trading trial of former Brazilian billionaire Eike Batista began Tuesday with law officials contending it could be a step forward in the country’s efforts to protect shareholders from abusive practices, WSJ reports.

Apple Inc. has told officials in Mesa, Arizona, that it’s committed to bringing jobs and manufacturing to the area even after the bankruptcy of GT Advanced Technologies Inc., a supplier that was going to make sapphire screens for iPhones in the city, reports Bloomberg.

San Bernardino has six months to come up with a detailed plan to exit bankruptcy or its case will be thrown out of court, the San Bernardino Sun reports.

The Roman Catholic Diocese of Helena has filed a bankruptcy reorganization plan that proposes a $16.4 million settlement for hundreds of people who said clergy members sexually abused them for decades while the church covered it up, the Associated Press reports.

Write to Patrick Fitzgerald at [email protected]. Follow him on Twitter at @PatFitzgerald23.