Energy Future Plan Criticized by Oncor Creditors

Creditors of Energy Future Holdings Corp.’s Oncor business are criticizing the company’s turnaround plan, arguing it isn’t legal or fair. 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.”)

Affiliates of Canada’s Thane Direct Inc., a company known for “as seen on TV” products like the Abtronic fitness belt, flied for bankruptcy in the U.S. and Canada with a $50 million buyout offer, DBR reports.

General Motors Co. set a raise for factory workers in the U.S. for the first time in a decade, The Wall Street Journal reports.

Relativity Media LLC accused an investment management firm of balking on providing $30 million in funding, Law360 reports.

WSJ looks at home bolder Hovnanian Enterprises Inc.’s financial plights.

A Bloomberg opinion piece discusses what Puerto Rico needs to address its debt crisis.

(And don’t forget to check out our blog post on Hillary Clinton backing benefits for retired coal miners.)

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