The Daily Docket: MLB’s Astros Strike Out in CSN Houston Bankruptcy...

A bankruptcy judge Tuesday dismissed a play by Major League Baseball’s Houston Astros to prevent the troubled Comcast SportsNet Houston television network from restructuring under Chapter 11 protection, The Daily Bankruptcy Review reports.

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General Motors Co. is shuffling leadership once again, with two board directors planning to depart later this year and by appointing two vice presidents to oversee sales of Chevrolet and Buick in the U.S., The Wall Street Journal reports.

Oklahoma City-based oil and natural gas producer GMX Resources has emerged from bankruptcy as two privately held companies: Thunderbird Resources Equity Inc. and Thunderbird Resources LP, reports The Oklahoman.

A newly formed entity called Sager Creek Acquisition Corp. was the high bidder Monday in an auction to buy the 87-year-old family-owned vegetable processor and food-service provider Allens Inc., Arkansas Business reports.

Two powerful federal judges in Detroit’s bankruptcy case have refused drawn-out battles in favor of quick rulings and aggressive mediation that’s speeding the process along, The Detroit Free Press reports.

Stockton’s ending fund balance on June 30 could approach $10 million, a radical change from only two years ago when the city filed for Chapter 9 protection in federal bankruptcy court, The Stockton Record reports.

The Natchez Regional Medical Center plans to file for Chapter 9 bankruptcy after a review indicated the hospital’s financial liabilities exceed that of its assets by approximately $3 million, The Mississippi Business Journal reports.

The Texas-based operator of the Furr’s Fresh Buffet restaurant chain filed for Chapter 11 bankruptcy on Tuesday, citing a surprising culprit for the move—the brutal winter weather, The Wall Street Journal’s Bankruptcy Beat reports.

A federal bankruptcy judge on Tuesday approved JPMorgan Chase & Co’s $543 million deal to end two private lawsuits stemming from its relationship with convicted Ponzi scheme mastermind Bernard Madoff, Reuters reports.

Oil company Anadarko Petroleum Corp said on Tuesday a U.S. bankruptcy judge may hand down his final ruling this spring over hefty environmental liabilities it inherited in a 2006 acquisition that have unnerved investors, Reuters reports.