Seventy Seven Energy Enters Chapter 11
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Oil field services provider Seventy Seven Energy Inc. filed for chapter 11 protection to get rid of more than $1 billion in debt. 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 Fairway supermarket chain won court approval of its bankruptcy plan, DBR reports in WSJ.
Caesars Entertainment Operating Co. was back in bankruptcy court Tuesday to fight for support for its reorganization plan, DBR reports via WSJ.
The Gardens Regional Hospital and Medical Center, which provides health care to low-income Los Angeles-area patients, filed for chapter 11 protection, DBR reports in WSJ.
Michigan’s Senate stopped short of passing a bill to bail out Detroit’s ailing public schools, the Associated Press reports.
Gannett Co. plans to keep pursuing its offer for Tribune Publishing Co., which soon will be known as Tronc, WSJ reports.
Write to Melanie Cohen at [email protected]. Follow her on Twitter at @MelanieLisa
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