Lehman Claims Are in the Billions

Lehman Brothers Holdings Inc. is winding down is business, but its bankruptcy case remains a massive undertaking. And it has the numbers to prove it. 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.”)

According to The Wall Street Journal, oil companies said they would pay tens of millions of dollars’ worth of compensation for deaths cause by a massive train oil-train explosion in Quebec in 2013.

Casino regulators in New Jersey approved Carl Icahn to take ownership of the Trump Taj Mahal in Atlantic City, N.J., the Associated Press reports.

Bloomberg looks at NextEra Energy Inc.’s emergence as the frontrunner in an auction for Energy Future Holdings Corp.’s Oncor unit.

Dewey & LeBoeuf LLP’s controller testified that he altered the defunct firm’s records to make income look higher than it was, WSJ reports.

According to the New York Times, the Glendale, Ariz., City Council voted to end the arena lease for the Arizona Coyotes.

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