Millennium Bankruptcy Judge Brushes Aside Plan Objections

A bankruptcy judge brushed aside objections to Millennium Health LLC’s chapter 11 bankruptcy plan, clearing a big hurdle for the drug-testing company.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.”)

WSJ reports on more than $20 billion in “hidden fees” private-equity firms charged almost 600 companies in the past 20 years.

Norwegian seismic surveyor Dolphin Group ASA filed for bankruptcy protection amid the drop in crude-oil prices, Bloomberg reports.

An appeals court dismissed a request from a creditor of Stockton, Calif., to appeal the city’s bankruptcy plan, Reuters reports.

Island Airlines, a small airline serving Nantucket, Mass., closed abruptly Friday and is expected to file for bankruptcy, the Associated Press reports.

A DealBook analysis looks at the tough standards Fannie Mae and Freddie Mac adhered to when it was rescued by the government.

Credit Slips discusses a possible new restructuring law that might appear in Saudi Arabia next year.

(And don’t forget to check out our blog post on the Duluth, Minn., Catholic diocese being poised to enter mediation with sexual-abuse victims.)

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