Bondholders fighting for control of bankrupt utility PG&E Corp. asked a judge to let them seek court approval of their reorganization plan before a competing proposal backed by shareholders.

Bankrupt Schramm Drilling Inc. will have to wait on its plan to liquidate after a judge said creditors must first be given an opportunity to address their concerns about an asset sale to a majority shareholder.

Southcross Energy Partners LP received bankruptcy court approval for selling gas pipeline assets in two separate deals for $107 million, advancing its reorganization plan that awaits a creditor vote.

Judge Brendan L. Shannon says he’ll approve a plan to kick off store closing sales as the maternity clothing retailer moves to shutter more than 200 stores and sell itself in bankruptcy.

MTE Holdings LLC, which lists Olam Energy Resources I LLC as its managing member, files for bankruptcy.

Puerto Rico officials urged U.S. lawmakers to reject a proposal that would allow the bankrupt island to cancel some of its debts outright, saying that would potentially upset negotiations with creditors and jeopardize the territory’s ability to raise money in the bond market.

A suit by debtors to certify a nationwide class action to enjoin collection of student loan debt validly discharged in bankruptcy was dashed by the Fifth Circuit.