Energy Future Wins Round Two With Bondholders

Energy Future Holdings Corp. has won round two in a fight with bondholders demanding some $431 million worth of premiums on billions of dollars in debt. 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.”)

Drug-testing laboratory operator Millennium Health LLC hired Lazard Ltd. As restructuring advisers to help bolster its finances, WSJ reports.

Paulson & Co. is close to backing a deal for the restructuring of Caesars Entertainment Operating Co., Bloomberg reports.

A judge approved a cleanup deal in the massive chemical spill case of West Virginia’s Freedom Industries Inc., the Associated Press reports.

The Canadian Press reports on the bankruptcy of Canada’s Nine West shoe stores.

According to WSJ, Citigroup is holding a meeting next week with Puerto Rico bondholders.

A New York City Council speaker is urging Congress to help Puerto Rico, the Associated Press reports.

(And don’t forget to check out our blog post on the battle between the Twin Cities archdiocese and alleged sexual-abuse victims over a video the alleged victims want to show.)

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