Dex Media Plans Chapter 11 Filing

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Phone-book publisher Dex Media Inc. is planning to file for chapter 11 protection for the third time in seven years next month, The Wall Street Journal reports.

Oil giant BP PLC is paying Cal Dive International Inc. more than $3.5 million to settle damages tied to the Deepwater Horizon spill, and the underwater repair business is urging a judge to approve the deal. WSJ 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.”)

WSJ reports that Latin-American oil producer Pacific Exploration & Production Corp. said it was going to file for bankruptcy after reaching a tentative shareholder deal.

WSJ reports on the planned bankruptcy filing of oilfield services producer Seventy Seven Energy Inc.

Bankruptcy Beat reports on the more than $276,000 in college tuition payments returned to students’ parents who filed for bankruptcy.

The St. Louis Post-Dispatch reports on Tuesday’s protestors from environmental groups and mining communities against Peabody Coal Corp.

Tech start-up PopExpert Inc. filed for bankruptcy to look for buyers, DBR reports in WSJ.

Credit Slips discusses a precedent set by the bankruptcy of Nortel Networks Corp., whose creditors are pressing for cash in the long-running case.

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