Energy Future Faces Criticism on Bankruptcy Plan
Energy Future Holdings Corp. faced criticism from creditors Tuesday on its bankruptcy-exit plan. 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 http://on.wsj.com/DJBankruptcyNews, scroll to the bottom and click “try for free.”)
A new lawsuit from creditors accuses casino company Caesars Entertainment Operating Co. of trying to buy votes for its bankruptcy plan, Bloomberg reports.
Relativity Media LLC is blaming lender OneWest Bank for its chapter 11 filling, the New York Post reports.
According to The Wall Street Journal, clothing company American Apparel said it was in danger of default if it didn’t raise money or refinance.
Puerto Rico said it would issue $750 million in revenue bonds for maintenance and construction projects, DealBook reports.
Wayne County, Mich., moved closer to a consent deal with the state in a bid to shore up its finances and avoid bankruptcy, Bloomberg reports.
Persecutors want a guilty-plea hearing scheduled for the final executive charged in the Freedom Industries massive West Virginia chemical spill, the Associated Press reports.
(And don’t forget to check out our blog post on the bankruptcy filing of Christian media company Gospel Light.)
Write to Melanie Cohen at [email protected]. Follow her on Twitter at @MelanieLisa
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