A bankruptcy judge said the trustee recovering money for victims of Bernard Madoff’s Ponzi scheme can move forward with his bid to claw back hundreds of millions of dollars in so-called fictitious profits from Mr. Madoff’s customers, DBR reports in WSJ.
RadioShack Corp.RSHCQ -0.71% lender Salus Capital is urging a judge to convert the retailer’s bankruptcy to chapter 7, Reuters reports.
According to Reuters, Exide Technologies Inc. wants its bankruptcy judge to enforce an injunction in its reorganization plan.
A $35 million settlement for Fair Finance was approved, the Akron Beacon Journal reports.