The Daily Docket: Syncora Appeals Detroit Tax Revenue Ruling

Syncora Guarantee Inc., the bond insurer caught up in the battle over Detroit’s casino tax revenue, is appealing a bankruptcy judge’s decision that has allowed millions of dollars of those taxes to continue flowing to the city throughout its historic $18 billion bankruptcy. Read the Daily Bankruptcy Review article here.

(Daily Bankruptcy Review and DBR Small Cap are daily newsletters 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, American Airlines parent AMR Corp. and US Airways Group Inc. plan to ask for an extension on their proposed merger.

Michigan Gov. Rick Snyder will get deposed in Detroit’s bankruptcy case, WSJ reports.

A bankruptcy judge ruled in favor of Bernard Madoff trustee Irving Picard, saying Mr. Madoff’s Ponzi-scheme victims aren’t entitled to interest or inflation on their claims, Reuters reports.

Ex-MF Global Holdings Ltd. Chief Executive Jon Corzine and another ex-official asked for the dismissal of a case involving missing customer money from the firm, WSJ reports.

Bloomberg talks to Harvey Miller about his work as the lawyer taking Lehman Brothers through bankruptcy.

Dish Network Corp. director Gary Howard, who recently resigned from the company, did so during a fight over how the company handled a bid for telecommunications company LightSquared, WSJ reports.

Sam Zell isn’t investing in real estate as much as he used to, WSJ reports.

The Financial Times (sub. req.) discusses the bankruptcy case of Spain-based Pescanova, which is known for its canned fish.

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