The Daily Docket: Oncor Auction Rules Fight Wraps Up

Unsecured creditors are campaigning to stop, or at least slow, Energy Future Holdings Corp.’s plan to auction its stake in the Texas transmission business Oncor, a sale the company says is crucial to resolving one of the biggest bankruptcies on record. Read 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.”)

Detroit’s bankruptcy case could end up as one of the fastest compared with other struggling big communities, with a judge set to rule on Nov. 7, The Wall Street Journal reports.

According to Bloomberg, fertilizer phosphate maker Mississippi Phosphates Corp. filed for Chapter 11 protection with more than $100 million in debt.

Bloomberg reports on GT Advanced Technologies Inc.’s request for a judge to approve its settlement with Apple Inc.

General Growth Properties Inc.’s profit rose in the third quarter, WSJ reports.

(And thanks to Credit Slips for giving Bankruptcy Beat a shout out on our report on the bankruptcy filing of Formula One team Marussia.)

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