Pandora to Buy Assets of Music Service Rdio

Popular music-streaming company Pandora Media Inc. plans to pay $75 million for the assets of Spotify competitor Rdio, which filed for bankruptcy Monday. 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 looks at shopping-mall owners finding the silver lining in retailer failures.

Pennsylvania restaurant chain Quaker Steak & Lube filed for bankruptcy with plans to be purchased by TravelCenters of America for $25 million, the Pittsburgh Post-Gazette reports.

Indiana’s bar exam will feature questions about bankruptcy starting in 2018, Credit Slips reports.

Fallen law firm Howrey LLP’s bankruptcy was converted to chapter 7, Law360 reports.

Detroit bankruptcy judge Steven Rhodes thinks Puerto Rico needs bankruptcy, according to the Bond Buyer.

DBR reports on the hoped-for sale of Forest Park Medical Center’s Frisco, Texas, hospital.

The Associated Press reports that the defense rested its case against former Massey Energy Chief Executive Don Blankenship without calling witnesses.

(And don’t forget to check out our intro blog post on this month’s Examiners question: When it comes to pre-bankruptcy insider pay, how much disclosure is enough?)

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