CORRECTED-UPDATE 2-Cement firm default shows China more willing to let firms fail

* Firms says default certain for repayments on $500 mln 2020 bonds

from Reuters: Bankruptcy News http://ift.tt/1LIxoPV

CORRECTED-Amid China slowdown, foreign creditors face bankruptcy riddle

HONG KONG, May 18 (Reuters) - As China's economy slows and Beijing becomes more relaxed about letting its companies fail, a rising number of foreign bondholders risk being caught up in the country's...

from Reuters: Bankruptcy News http://ift.tt/1LIxqHA

BRIEF-EEV Erneuerbare Energie says has filed for insolvency on Nov. 26

* Eev erneuerbare energie verorgungs ag says has filed for opening of insolvency proceeding on nov. 26 Further company coverage: (Frankfurt newsroom)

from Reuters: Bankruptcy News http://ift.tt/1OpEJtS

BRIEF-Innovatec unit Sun System proposes composition with creditors

* Said on Friday that the board of its unit Sun System SpA proposed to resort to a composition with creditors

from Reuters: Bankruptcy News http://ift.tt/1Xr24kR

Caesars appeals ruling on $364 million pension liability

CHICAGO, Nov 27 (Reuters) - The bankrupt operating unit of Caesars Entertainment Corp (CEC) has appealed a ruling that would enforce payments of nearly $364 million in pension liabilities, according...

from Reuters: Bankruptcy News http://ift.tt/1Q2YHL1

Creditors of Spain's Abengoa to meet KPMG on Monday-source

MADRID, Nov 27 (Reuters) - Various bank creditors of Spain's Abengoa will meet KPMG on Monday, a source involved in the talks said on Friday.

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BRIEF-Lithuanian Shipping: general director applies for company bankruptcy proceedings

* Says its general director applied to District Court of Klaipeda to initiate company bankruptcy proceedings Source text for Eikon:

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UPDATE 2-Oddo launches 760 mln euro offer for BHF Kleinwort Benson

* Fosun says analysing situation (Adds Oddo comment, context)

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Spanish government says Abengoa viable, needs partner

MADRID, Nov 27 (Reuters) - Spain's Economy Minister Luis de Guindos said on Friday that the government believed troubled renewable energy group Abengoa was viable, though it was waiting for more...

from Reuters: Bankruptcy News http://ift.tt/1jnyOIX

UPDATE 1-Poland seeks to reassure on health of its banks

WARSAW, Nov 27 (Reuters) - The Polish banking sector remains sound despite the costs incurred from this week's failure of SK Bank, the economic adviser to the country's president said on Friday.

from Reuters: Bankruptcy News http://ift.tt/1XvFlP6

Polish presidential aide says banks safe despite SK Bank failure

WARSAW, Nov 27 (Reuters) - The Polish president's economic advisor Zdzislaw Sokal told Reuters that the failure of SK bank which cost other lenders some 1.4 billion zlotys ($348.17 million) would not...

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BRIEF-Quantum Property says still engaging with advisors to assess unit liquidation impact

* Still engaging with legal advisors to assess impact of liquidation of unit A Million Up Investments 105 Source text for Eikon: Further company coverage:

from Reuters: Bankruptcy News http://ift.tt/1R9RSIg

BRIEF-Poland's PKO says SK Bank failure to lower its Q4 net by $68 mln

* Costs associated with the bankruptcy of small Polish lender SK Bank will lower PKO BP's fourth-quarter net profit by 274 million zlotys ($68.1 million), PKO said in a statement on Thursday.

from Reuters: Bankruptcy News http://ift.tt/1OtEg8n

AIB to price 500m PNC5 AT1 bond at 7.375% yield

LONDON, Nov 26 (IFR) - Allied Irish Banks will price its 500m perpetual non call five-year Additional Tier 1 bond at a yield of 7.375%, following guidance of 7.50% area, according to a lead.

from Reuters: Bankruptcy News http://ift.tt/1ljpUgQ