The Daily Docket: PSE&G Wants Dynegy Bankruptcy Case Tossed

Public Service Enterprise Group Inc. wants Dynegy Inc.’s Chapter 11 bankruptcy case dismissed, saying the power provider has “fraudulently and without good faith manufactured an artificial insolvency.” Read the Daily Bankruptcy Review story here.

A company with ties to Canada’s casual-dining chain Original Joe’s is seeking to buy Elephant & Castle, the chain of English-pub themed restaurants, out of its U.S. bankruptcy proceeding. Read the Daily Bankruptcy Small Cap story here.

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The amount of money missing from customer accounts at MF Global Holdings Ltd.’s brokerage unit could total over $1.2 billion, more than double the previous estimate. Read the Wall Street Journal story here.

Nearly three years since Bernard Madoff’s multibillion-dollar fraud came to light, a former trader at the convicted Ponzi scheme operator’s firm became the latest person to plead guilty in the decades-long scam, WSJ reports.

Maurice R. “Hank” Greenberg, the longtime former chief executive of American International Group Inc., launched a legal challenge to the government’s 2008 takeover of AIG, The Journal reports, alleging the move was unconstitutional.

Power Balance, the company whose name is emblazoned on the Sacramento Kings’ arena, has filed for bankruptcy protection and could be forced to repay tens of millions of dollars to customers who bought its popular silicone bracelets, the Sacramento Bee reports.

A Delaware bankruptcy judge has appointed a mediator to try to resolve a dispute between Fox Sports and the Los Angeles Dodgers over the ball club’s plan to sell media rights to future games, the Associated Press reports.

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