Energy Future Holdings Fights $460 Million Interest Claim

Energy Future Holdings Corp. battled in court Wednesday in a bid to defeat bondholder demands for some $460 million in interest, Daily Bankruptcy Review reports.

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Federal regulators won a court ruling against now-defunct Corinthian Colleges Inc. in a case that could ease the way for the government to forgive hundreds of millions of dollars in loans owed by the for-profit chain’s former students, The Wall Street Journal reports.

At Wednesday night’s GOP debate, presidential hopeful Donald Trump defended his decision to put some of his companies through bankruptcy, saying it shows “boy, am I good at solving debt problems,” the Associated Press reports.

Steven Rhodes, the retired bankruptcy judge who oversaw Detroit’s record-setting chapter 9 case, will try to settle a dispute between Volkswagen and owners of vehicles that are emitting higher-than-allowed emissions, the Detroit News reports.

DBR reports that Quiksilver Inc. on Wednesday won final approval of its $175 million bankruptcy financing package. Meanwhile, the surfwear brand is seeking court permission to sell its Ampla running shoe brand, which has a carbon fiber plate in the sole, to a pair of former executives for $200,000, according to the Orange County Business Journal reports.

Write to Katy Stech at [email protected]. Follow her on Twitter at @KatyStech