Drug-testing laboratory Millennium Health LLC filed for chapter 11 protection a month after agreeing to settle allegations of billing the federal government for unnecessary tests.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.”)
Essar Steel Algoma Inc. filed for court protection from creditors in the U.S. and Canada, DBR reports via WSJ.
As DBR reports via WSJ, New Jersey-based St. Michael’s Medical Center may get taken over by health-care behemoth Prime Healthcare.
Restructuring firm Kirkland & Ellis lashed out against creditors trying to get it disqualified from Caesars’ bankruptcy case, Reuters reports.
Credit Slips discusses the end of the Archdiocese of Milwaukee bankruptcy case.
Brazilian businessman Eike Batista, whose petroleum company defaulted on more than $5 billion in debt in 2013, was banned from being an officer at a publicly traded company for five years, DealBook reports.
Some New Jersey Cities want Atlantic City to declare bankruptcy, the Philadelphia Business Journal reports.
Write to Melanie Cohen at [email protected]. Follow her on Twitter at @MelanieLisa