Medical device maker IMRIS Inc. has filed for chapter 11 bankruptcy protection with a buyout offer from secured lender Deerfield Management Co. 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.”)
Arch Coal Inc. has hired restructuring advisers to help it deal with billions of dollars in debt, WSJ reports.
Emails are going to play a key role in the Dewey & LeBoeuf trial, which starts Tuesday, WSJ reports.
WSJ reports on how student loans and small businesses aren’t mixing.
CreditSlips discusses the ruling in the Nortel bankruptcy.
Write to Melanie Cohen at [email protected]. Follow her on Twitter at @MelanieLisa