The Daily Docket: Madoff Victims to Get Another $600 Million

Nearly $600 million worth of settlements to benefit victims of Bernard Madoff’s massive Ponzi scheme on Wednesday won the blessing of a bankruptcy judge. The Wall Street Journal has the Daily Bankruptcy Review article here.

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Fourteen people involved with the pharmacy connected to a meningitis outbreak, the New England Compounding Center, had charges announced against them, WSJ reports.

WSJ reports that four executives at Freedom Industries, the West Virginia company behind a massive chemical spill, were charged in the chemical leak.

A Delaware corporate law judge Wednesday granted fast-track status to a lawsuit seeking a receiver for the operating unit of Caesars Entertainment Corp. over the protests of the company, DBR reports in WSJ.

A bankruptcy judge on Wednesday cleared cancer-drug maker Dendreon Corp. to pursue a sale in case such a deal yields more money for its creditors than a restructuring led by its bondholders. Read the DBR article via WSJ.

Shipbuilder OSX Brasil SA’s recovery plan was approved by creditors, WSJ reports.

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