The Daily Docket: NII Holdings Strikes Deal With Bondholders

NII Holdings Inc. on Monday announced a restructuring deal that would put the Latin American Nextel carrier in the hands of its bondholders. Read Joe Checkler’s Daily Bankruptcy Review story in The Wall Street Journal.

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Trump Entertainment Resorts Inc. has offered to restore health care and some pension benefits to unionized workers in a bid to keep the Trump Taj Mahal casino from closing in December, reports DBR’s Peg Brickley in the Journal.

Detroit’s Chapter 9 bankruptcy won’t officially end until at least Dec. 8, the Detroit Free press reports.

Ohio solar-panel manufacturer Xunlight Corp. is bankrupt and plans to liquidate its remaining assets, the Toledo Blade reports.

Aereo’s bankruptcy filing prompts DealBook’s Stephen Lubben to wonder why a company with a nonviable business model, and no going concern value to be saved files for Chapter 11.

Members of the family of bankrupt businessman Sean Quinn want court orders permitting them cross-examine Irish Bank Resolution Corporation special liquidator Kieran Wallace regarding claims they may be hiding up to €500 million in undisclosed assets from the bank, the Irish Times reports.

Caesars Entertainment Corp. has reached agreement with its most-senior lenders on the principles of a restructuring plan that would turn its largest unit into a real estate firm, reports Bloomberg.

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