Tilton’s Challenge to SEC Suit Denied by Appeals Court

[wsj-responsive-image P="//art.wsj.net/api/photos/31690525/smartcrop?height=499&width=749" J="//art.wsj.net/api/photos/31690525/smartcrop?height=639&width=959" M="//art.wsj.net/api/photos/31690525/smartcrop?height=853&width=1280" caption="New York financier Lynn Tilton speaks with her attorneys after her hearing at the U.S. District courthouse in New York, May 11, 2015. A lawyer for Tilton urged a U.S. judge on Monday to block the U.S. Securities and Exchange Commission from trying her before an administrative judge for defrauding investors. REUTERS/Shannon Stapleton Published Credit: shannon stapleton/Reuters" credit="Reuters" placement="Inline" suppressEnlarge="false" ]

The Second U.S. Circuit Court of appeals denied private-equity chief Lynn Tilton’s challenge to a fraud case brought by the Securities and Exchange Commission. 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.”)

Creditors in the bankruptcy of grocery Fresh & Easy LLC have sued Ron Burkle and his Yucaipa Partners for allegedly plundering the chain, DBR reports in WSJ.

Bloomberg reports on the bankruptcy filing of Brazilian soybean producer Grupo Born Jesus.

Midstates Petroleum Co. creditors say they are being steamrolled in its bankruptcy plan, Reuters reports.

According to NJ.com, a judge halted a legal malpractice lawsuit filed by “Real Housewives of New Jersey” star Teresa Giudice in light of her bankruptcy case reopening.

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