Shell of Mobile Accessory Company Targus Files for Bankruptcy to Win...

02/11/16

The shell of mobile accessory maker Targus has filed for chapter 11 protection to help settle its final affairs. 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.”)

DBR reports via WSJ that the struggling SunEdison is facing more woes, thanks to a failed Latin American power deal.

Oil and debt don’t mix—something private-equity firm KKR & Co. learned the hard way, WSJ reports.

Arch Coal Inc. struck a deal with the state of Wyoming to avoid a fight over environmental liabilities, DBR reports.

Distressed Peabody Energy Corp. is planning to draw on the rest of its $1.65 billion revolving loan, WSJ reports.

Student Aid Center Inc., a Doral, Fla, company that aimed to help students deal with debt, filed for bankruptcy, the South Florida Business Journal reports.

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

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