Patriot Coal has filed for Chapter 11 in the Southern District of New York. In conjunction with its reorganization, Patriot has obtained a commitment for $802 million in DIP financing from Citigroup Global Markets, Barclays Bank, and Merrill Lynch, Pierce, Fenner & Smith as joint lead arrangers.

Dynegy Inc. filed a voluntary petition to reorganize under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York, Poughkeepsie Division. The Chapter 11 case of Dynegy’s wholly owned subsidiary, Dynegy Holdings is pending in the same court.

Syms, its subsidiary Filene’s Basement and its shareholder’s committee said they are opposing a request by its creditors’ committee to postpone a hearing to approve a settlement.

Total commercial bankruptcy filings during the first six months of the year decreased 22% from filings during the same period in 2011, according to data provided by Epiq Systems.

Eastman Kodak Company obtained approval from the U.S. Bankruptcy Court in the Southern District of New York to conduct an auction to sell its Digital Capture and Kodak Imaging Systems and Services patent portfolios.

NewPage Corporation announced that it has been engaged in a series of discussions with its various constituents, including first lien note holders, second lien note holders and the Unsecured Creditors’ Committee, in an effort to finalize a consensual Chapter 11 plan.

U.S. Bankruptcy Judge Robert Gerber in the U.S. Bankruptcy Court in the Southern District of New York noted, the day after he signed Houghton Mifflin’s confirmation order, allowing the company to emerge from bankruptcy protection, that it was filed “improperly” in New York, a BusinessWeek article said.

After more than 20 years in business, going-out-of-business sales have begun in 20 RoomStore locations in Maryland and Virginia. Joint venture partners Hilco Merchant Resources, Planned Furniture Promotions, SB Capital Group and Tiger Capital Group are conducting the liquidations.

Northstar Aerospace intends to grant a Release and Covenant not to sue to The Boeing Company by which Northstar will release, acquit and discharge Boeing of any actions or causes of action, suits, claims, judgments, executions and damages, except for certain excluded claims. This is a condition of Boeing providing the company with $7 million in DIP financing.

NBC Acquisition and its subsidiaries, including Nebraska Book Company, an industry provider in solutions for the college bookstore marketplace, successfully completed their restructuring and have emerged from Chapter 11 with lower debt and a significantly stronger balance sheet.