The Daily Docket: Revel Creditors Reach Deal With Wells Fargo on Loa...

Following 11th-hour negotiations, lawyers representing the Revel Casino Hotel’s bankruptcy lender and unsecured creditors unveiled a settlement on a vigorously contested $125 million financing package for the defunct Atlantic City, N.J., resort. Read the Daily Bankruptcy Review story in The Wall Street Journal.

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RadioShack Corp. is hashing out its auction process, with hedge fund Standard General LP is talks to be lead bidder, WSJ reports.

Revel’s sale is on hold during an appeal by the company that ran its nightclub and beach bar, the Associated Press reports.

Sentinel Management Group Inc.’s former chief executive was sentenced to 14 years in prison after getting convicted of a $666 million fraud, Reuters reports.

A bankruptcy judge Friday paved the way for Dendreon Corp. to auction its flagship, Provenge, to the highest bidder, a day after Valeant Pharmaceuticals Inc . set a $296 million floor price for the prostate cancer drug, DBR reports in WSJ.

Skymark Airlines Inc.’s stock took a record plunge after filing for bankruptcy, Bloomberg reports.

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