The Daily Docket: Mt. Gox Enters Bankruptcy

Bitcoin trader Mt. Gox filed for bankruptcy in Japan with $63.6 million in debt, The Wall Street Journal reports.

Women’s clothing retailer Dots is going out of business after reaching a deal with a well-known liquidation firm that promised to begin shutting down the chain’s 359 stores starting Friday, DBR reports via WSJ.

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The Quiznos sandwich chain is moving closer to bankruptcy and may file within weeks, WSJ reports.

The European Banking Authority is setting up a task force to look at policy options amid the bitcoin crisis, Bloomberg reports.

WSJ looks at the pace of Detroit’s Chapter 9 bankruptcy case.

W.R. Grace & Co. said it’s paying its chief executive a $1.5 million cash payment as part of its “emergence” bonuses, the Baltimore Sun reports.

Credit Slips recommends a new bankruptcy blog, Harvard Law School’s Bankruptcy Roundtable.

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