Voya Sues Over Millennium Loan

Voya Management Investment Co. filed a racketeering lawsuit over a $1.8 billion loan to Millennium Heath LLC.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.”)

A forum meant to celebrate the progress Detroit has had since emerging from bankruptcy a year ago was cut short by protests, Bankruptcy Beat reports.

Two former Freedom Industries executives agreed to a settlement in the class-action lawsuit against them that came from the chemical spill that contaminated hundreds of thousands of people’s drinking water, the Associated Press reports.

Judges in a case involving student debt questioned this week whether it was a good idea to revise standards on whether a student loan borrow can wipe out debt after filing for bankruptcy, Bloomberg reports.

According to Reuters, Brazilian sugar and ethanol company Tonon Bioenergia SA filed for bankruptcy with hundreds of millions of dollars in debt.

WSJ looks at how hard Chesapeake Energy Corp. has been hit by the slump in commodity prices.

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