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Mexican telecommunications company Maxcom said yesterday that it was seeking to negotiate new capital and a restructuring through pre-packaged bankruptcy process in U.S. courts, Reuters reported yesterday. The company, which provides phone, Internet and television services, said that it was working on the bankruptcy plan with some of its creditors, shareholders and private equity firm Ventura Capital Privado. Separately, Maxcom said that it had failed to pay about $11 million in interest due on Monday on notes expiring in 2014.

OnCure Holdings Inc., which provides equipment and management services to cancer clinics in three states, filed for bankruptcy blaming cuts in federal health-insurance payments, Bloomberg News reported yesterday. OnCure, based in Englewood, Colo., plans to sell itself at auction while under court protection, with an initial bid of $125 million from an undisclosed company, Chief Executive Officer Bradford Burkett said. The company listed assets of $179.3 million and debt of $250.4 million in a court filing. The case is In re OnCure Holdings, Inc., 13-bk-11540, U.S Bankruptcy Court, District of Delaware (Wilmington).

Orchard Supply Hardware Stores Corp. filed for chapter 11 protection, with rival retailer Lowe's Companies set to buy the majority of its assets for $205 million in cash, Reuters reported today. Orchard, which was spun off by Sears Holdings Corp in late 2011, said that it was carrying a high debt load and that it may not be in a position to make scheduled payments when the first tranche of its debt matures in December 2013. The company, which generated revenue of $657 million in the 2012 fiscal year, listed total liabilities of $480.1 million and total assets of $441 million, according to a court filing. The company said that Lowe's would act as the stalking-horse bidder in an auction of Orchard's assets.

Fenwick Automotive Products Ltd. and Introcan Inc., separately capitalized subsidiaries of Motorcar Parts of America Inc., sought bankruptcy protection to liquidate their assets, Bloomberg News reported yesterday. The companies both listed debt of as much as $500 million and Fenwick listed assets of more than $10 million, while Introcan listed assets of less than $10 million, in chapter 7 documents filed yesterday. Five other affiliates also sought court protection. The lead case is In re Introcan Inc., 11-bk-11499, U.S. Bankruptcy Court, District of Delaware (Wilmington).

U.S. electric car manufacturer Miles Electric Vehicles filed for chapter 11 protection today, court documents showed, highlighting the difficulties battery-powered vehicles face in gaining wide market acceptance, Reuters reported yesterday. Miles Electric Vehicles, founded in 2004 by "green" entrepreneur Miles Rubin, listed estimated assets in the range of $10 million to $50 million, and estimated liabilities of between $50 million and $100 million. The case is In re Miles Electric Vehicles, Case No. 13-11511, U.S. Bankruptcy Court, District of Delaware.

National Envelope, the largest private U.S. envelope maker, sought bankruptcy protection for the second time in three years yesterday as cost cuts failed to keep pace with the decline in mail usage, Reuters reported yesterday. The Frisco, Texas, company blamed its struggles in part on its supply agreement with International Paper Co, which prevented it from reducing costs as sharply as its competitors. The company said it makes 37 billion envelopes a year and employs 1,600. NE Opco Inc., which does business as National Envelope, said in court documents it had retained PricewaterhouseCoopers to help it find a buyer of its assets. So far, 18 potential buyers had signed non-disclosure agreements and it expects a "spirited" bidding process.

U.S. battery maker Exide Technologies filed for chapter 11 protection today with the aim of cutting debt and implementing a restructuring plan to better compete in the market, Reuters reported today. Exide, which makes lead-acid batteries, said in the court filing that a combination of rising production costs, intense competition and the economic downturn in Europe had led to liquidity constraints. Exide estimated its liabilities at $1.14 billion and assets at more than $1.89 billion, according to the court filing. The case is Exide Technologies, Case No. 13-11482, U.S. Bankruptcy Court, District of Delaware.

Triad Guaranty Inc. filed for chapter 11 protection yesterday after the mortgage insurer was hurt by higher insured losses on the back of weakness in the jobs and housing markets, Reuters reported today. Triad, which sells mortgage insurance to residential mortgage lenders, said in its court filing that its loss ratios had been hit by "continued high unemployment in the U.S. and the slow economic recovery in U.S. residential mortgage and housing markets." The case is In re Triad Guaranty Inc., Case No. 13-11452, U.S. Bankruptcy Court, District of Delaware.

Sound Shore Medical Center of Westchester, an affiliate of New York College of Medicine serving patients in the New Rochelle area, filed for bankruptcy protection, planning a sale to Montefiore Health System, Bloomberg News reported yesterday. The company, with about 2,000 employees, listed assets of $159.6 million and debts of $200 million in papers filed in Bankruptcy Court on Wednesday. Sound Shore said that it will continue business as usual pending the sale to Bronx, N.Y.-based Montefiore by the end of the year, subject to court approval. The center was formed in 1997, when Mount Vernon Hospital, Sound Shore Medical Center, Dorothea Hopfer School of Nursing and Schaffer Extended Care Center affiliated to create one of the largest private healthcare systems between New York City and Albany.

Halsey Minor, the CNET founder who accumulated a fortune in the tech industry, has filed for bankruptcy, the Los Angeles Times reported today. In the personal bankruptcy filing on May 24, Minor cited $50 million to $100 million in liabilities with 60 creditors, and assets of $10 million to $50 million. Among his listed creditors are the California Franchise Tax Board, the Internal Revenue Service, Bank of America, HSBC Bank and Sotheby's Inc., among others. Last year, Minor and his wife, Shannon, were listed as California's top income-tax delinquents, owing the state $10.5 million. Minor, who sold his stake in the news website CNET to CBS in 2008 for $1.7 billion, has been embroiled in several legal disputes in the last few years, including lawsuits with Sotheby's over his purchase of three expensive paintings.