Judge Endorses $200 Million Trust Fund for Meningitis Victims

A bankruptcy judge has cleared the way for victims of tainted injections that caused a 2012 meningitis outbreak in the U.S. to begin receiving money from a $200 million trust fund created for their benefit. 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.”)

The financial woes of Brazil’s embattled OAS Group have sparked an international bankruptcy duel and sent bondholders to a New York court for aid. The Wall Street Journal has the DBR article here.

According to Bloomberg, Standard & Poor’s downgraded Colt Defense LLC’s debt to default.

Texas-based El Paso Children’s hospital filed for bankruptcy, the El Paso Times reports.

Canada Real Time reports on higher consumer insolvencies in the oil-patch provinces of Canada.

The New York Times talks with Michael A. Massari, the senior vice president for national meetings and events at Caesars Entertainment.

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