Energy Future’s Bankruptcy Plan Wins Backing From Fidelity

11/13/15

Fidelity Management & Research said Thursday it would back Energy Future Holdings Corp.’s chapter 11 bankruptcy plan, a big step for the case. Read the Daily Bankruptcy Review article via The Wall Street Journal.

(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.”)

DBR reports via WSJ that the Newark Watershed Conservation and Development Corp., a nonprofit that used to deliver water to people in northern New Jersey, is suing Sen. Cory Booker and others for an alleged multimillion-dollar corruption scandal.

WSJ reports on Hillary Clinton’s $30 billion plan to aid ailing coal communities.

Millennium Health LLC flied a bankruptcy plan Thursday, where it wants to make a settlement over millions of dollars billed for unnecessary tests, DBR reports.

Dex Media Inc. is planning to file for bankruptcy around the second week of December, after it finalizes a plan with creditors, Bloomberg reports.

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

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