Grail Semiconductor Files for Chapter 11 Bankruptcy

Invention company Grail Semiconductor Inc. filed for chapter 11 bankruptcy protection more than a decade after accusing a Mitsubishi affiliate of stealing one of its designs. 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.”)

Bankruptcy Beat reports on an expected boost in restructuring activity in 2016.

Swift Energy Co. won approval to tap $15 million of a $75 million loan to keep itself afloat in bankruptcy, DBR reports.

The Wall Street Journal has an opinion piece on how to fix Puerto Rico’s debt.

The New York City Opera’s reorganization plan has faced some criticism, WSJ reports.

San Francisco’s Yellow Cab Co-Op, the city’s biggest cab company, said it is leaning toward filing for bankruptcy, the San Francisco Examiner reports.

The former manager of a nonprofit Newark, N.J., water agency in bankruptcy pleaded guilty to corruption charges, Bloomberg reports.

WSJ looks at start-ups finding homes in Eastman Kodak Co.’s 1,200-acre campus in Rochester, N.Y.

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