The Daily Docket: Select Staffing Enters Bankruptcy

Select Staffing, which provides temporary staffing services in a variety of industries, filed for Chapter 11 bankruptcy Tuesday after reaching a restructuring deal with its lenders. 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.”)

According to The Wall Street Journal, the city of Detroit said in a revised debt-cutting plan that it would pay some bondholders and pensioners less than what was originally offered.

Women’s retailer Coldwater Creek Inc. is getting ready to file for bankruptcy within a week, WSJ reports.

Philip Falcone said Monday he constantly tried to squeeze Dish Network Corp. Chairman Charlie Ergen out of LightSquared’s restructuring plans, believing Mr. Ergen should never have been allowed to buy the wireless venture’s debt in the first place. Read the DBR article in WSJ.

General Motors Co. recalled 1.5 million more vehicles to fix steering problems, WSJ reports.

A federal judge in New York has revived a $2.3 billion whistleblower lawsuit aimed at Hawker Beechcraft Corp., reversing a bankruptcy court decision that blocked litigation over allegedly defective parts used in planes sold to the U.S. government. Read the DBR article via WSJ.

Energy Future Holdings Corp. wants more time for a restructuring deal, WSJ reports.

Cargo ship operator Genco Shipping & Trading Ltd. is still talking with creditors as it looks to restructure its debt, Bloomberg reports.

According to WSJ, the owner of the Spencer’s retail chain might be in competition for bidding on electronics retailer Brookstone Inc.

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