Relativity TV Sale Closes

The sale of Relativity Media LLC’s television unit, which is behind shows including MTV’s “Catfish,” has closed, Daily Bankruptcy Review reports 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.”)

Energy Future Holdings Corp. sued to force the sale of the minority stake of its Oncor business, DBR reports via WSJ.

As DBR reports in WSJ, Bernard Madoff’s investors could soon get another $1.2 billion.

According to Reuters, noteholder representative Wilmington Trust sued Caesars Entertainment Corp. over avoiding a written gurantee.

General Motors Co. posted flat earnings in the latest quarter, WSJ reports.

(And don’t forget to check out or blog post on invention startup Quirky’s inventors possibly getting to reclaim full rights to their inventions.)

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