The Daily Docket: NII Holdings Enters Bankruptcy

NII Holdings Inc ., which owns Nextel-branded wireless units in Latin America, filed for Chapter 11 bankruptcy protection in New York on Monday after deteriorating performance caused it to miss a series of interest payments. The Wall Street Journal has 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.”)

Siga Technologies Inc. filed for Chapter 11 bankruptcy protection Tuesday to safeguard its rights to appeal a costly loss in a lawsuit over Tecovirimat, a smallpox drug it has pledged to deliver to the national stockpile. Read the DBR article via WSJ.

Revel’s proposed buyer wants to reopen the shuttered Atlantic City, N.J., hotel and casino quickly, DBR reports.

General Motors Co.’s ignition-switch death toll stands at 19, WSJ reports.

Brazil’s Eike Batista got hit with more criminal charges, this time being accused of illegally making money off insider trading related to his OSX Construção Naval SA, WSJ reports.

According to WSJ, AgFeed Industries Inc. agreed to pay $18 million to settle allegations from the Securities and Exchange Commission that it reported fake revenue.

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