MF Global Investors Want Settlement Approval

MF Global Holdings Ltd. investors are seeking final approval of a $74 million settlement stemming from their lawsuit against several financial institutions. The Wall Street Journal has 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 nation’s top court ruled Monday that people who fail to complete debt-repayment plans while under chapter 13 bankruptcy protection can keep whatever money is left over when the case is converted to liquidation, DBR (sub. req.) reports.

According to DBR (sub. req.), the hedge fund buying the RadioShack brand, Standard General LP , has cleared a hurdle in its bid to tap into the retailer’s customer data.

The San Bernardino City Council voted to approve the California city’s bankruptcy plan, the Sun reports.

The Guardian reports on efforts by Barclays to salvage a former SunCal development in the New Mexico desert.

(And don’t forget to check out what readers thought of the Examiners’ takes on student loan debt.)

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