The Daily Docket: Swedish Court Rejects Saab Bankruptcy Bid

Saab Automobile AB Thursday met new obstacles as a Swedish district court rejected the cash-strapped company’s application for bankruptcy protection. Read The Wall Street Journal story here.

The Federal Deposit Insurance Corp. is asking a bankruptcy judge to reject Corus Bankshares Inc.’s Chapter 11 plan, saying it is slanted in favor of the hedge fund backing it to the detriment of the regulator that seized Corus Bank NA in 2009. Read the Daily Bankruptcy Review story here in WSJ.

The parent company of court reporting and litigation-services companies Esquire Solutions and Sanction Solutions filed for Chapter 11 bankruptcy protection Wednesday, a day after announcing it had reached a deal to sell its Esquire Litigation Solutions business unit to Document Technologies Inc. Read the Daily Bankruptcy Review Small Cap story here.

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In the latest round of a long legal battle between Lehman Brothers Holdings Inc. and Barclays PLC, lawyers for the banks are facing off over whether the British bank should have to pay Lehman hundreds of millions of dollars for bonuses, reports DBR’s Joe Checkler in WSJ.

Jeld-Wen Inc. strongly denied reports that the company could be facing bankruptcy, the Portland Business Journal reports.

DealBook’s Stephen Lubben wants the Supreme Court to weigh in on creditors’ rights to bid their debt at bankruptcy auctions.

Former New York Mets outfielder Lenny Dykstra pleaded not guilty Wednesday to charges he exposed himself to a string of women who answered his Craigslist employment ads, Reuters reports.