The Daily Docket: RadioShack Bankruptcy Could Take Toll on Junior Cr...

RadioShack Corp .’s creditors ironed out the final details of a $285 million bankruptcy loan at a court hearing Wednesday amid indications that suppliers, landlords and other unsecured creditors will sustain significant losses in the retailer’s chapter 11 proceeding. 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 http://on.wsj.com/DJBankruptcyNews, scroll to the bottom and click “try for free.”)

A bankruptcy judge on Wednesday refused to disband an official committee of junior bondholders of Caesars Entertainment Operating Co. debt, a win for investors in the largest unit of the casino giant. Read the DBR article in WSJ.

LightSquared’s path toward exiting bankruptcy will reach a key milestone Monday as scheduled, despite the recent introduction of a hedge-fund firm’s rival exit plan that threatened to once again disrupt the contentious chapter 11 case. The DBR article is available via WSJ.

A judge on Wednesday approved a $21 million plan to compensate about 380 people who allege they were sexually abused by the clergy of Montana’s Roman Catholic Diocese of Helena, DBR reports in WSJ.

A dispute has been resolved between Detroit and Wayne County over property promised to bond insurer Syncora Guarantee Inc., the Detroit News reports.

Checks will soon be on the way to individuals and businesses who are waiting on one final payment from Girls Gone Wild’s bankruptcy estate after a federal judge approved the company’s creditor payout plan, DBR reports in WSJ.

(And don’t forget to check out our blog post on retailer Cache’s going-out-of-business sales.)

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