Rabu, 30 November 2016

Dongbei Special Steel faces $10 bln debt claim at first creditor meeting - Xinhua

BEIJING, Dec 1 (Reuters) - State-owned Dongbei Special Steel Group Co held its first creditor meeting on Thursday as part of a bankruptcy restructuring process aimed at recovering a reported $10...


from Reuters: Bankruptcy News http://ift.tt/2fTx5wP

Trump faces challenges in separating from business - legal experts

WILMINGTON, Del., Nov 30 (Reuters) - U.S. President-elect Donald Trump has several options for disentangling himself from his business empire when he takes office next year, but legal experts say the...


from Reuters: Bankruptcy News http://ift.tt/2gLOYey

Performance Sports gets court nod for stalking horse bid

Nov 30 (Reuters) - Performance Sports Group Ltd said bankruptcy courts in the United States and Canada have approved the stalking horse bid for the company, made by Sagard Capital Partners LP and...


from Reuters: Bankruptcy News http://ift.tt/2fETwr3

BRIEF-Performance Sports Group receives court approval of the "stalking horse" purchase agreement

* Performance Sports Group receives court approval of the "stalking horse" purchase agreement, bidding procedures and U.S. $386 million in new DIP financing


from Reuters: Bankruptcy News http://ift.tt/2gytfaM

EQT to enter final talks on bandage maker BSN Medical - sources

FRANKFURT, Nov 30 (Reuters) - Private equity firm BC Partners as well as Sweden's SCA handed in final offers for German bandage maker BSN Medical, several people close to the deal said, easing pressure on owner EQT to seek listing for the company.

from Reuters: New Issues News http://ift.tt/2g7raBK

BRIEF-Magor Corp files notice of intention to make proposal under Bankruptcy and Insolvency Act

* Magor corporation files a notice of intention to make a proposal under the bankruptcy and insolvency act (canada)


from Reuters: Bankruptcy News http://ift.tt/2g7oDry

BRIEF-Logan's Roadhouse says emerges from bankruptcy

* Restructured its balance to reduce its debt from approximately $400 million to just over $100 million


from Reuters: Bankruptcy News http://ift.tt/2gKb0OL

BoE puts AT1 through its paces with most severe tests yet

LONDON, Nov 30 (IFR) - UK banks' Additional Tier 1 bonds would be fair game and converted into equity if they hit severe problems, the Bank of England's most stringent stress tests yet showed on...


from Reuters: Bankruptcy News http://ift.tt/2fDEJwW

BoE puts AT1 through its paces with most severe tests yet

LONDON, Nov 30 (IFR) - UK banks' Additional Tier 1 bonds would be fair game and converted into equity if they hit severe problems, the Bank of England's most stringent stress tests yet showed on Wednesday.

from Reuters: New Issues News http://ift.tt/2gK0wPs

BRIEF-Redwood Holding reports Q3 operating loss at 4 mln zlotys YoY

* Reported on Tuesday Q3 revenue of 757,000 zlotys ($181,622) versus 20.7 million zlotys a year ago


from Reuters: Bankruptcy News http://ift.tt/2fPu2FZ

Selasa, 29 November 2016

BRIEF-China Fishery Group updates on court order presented by Chapter 11 trustee

* Three of company's Peruvian subsidiaries have agreed to take necessary steps before 1 December 2016 to satisfy claims of creditors


from Reuters: Bankruptcy News http://ift.tt/2gHyO7l

UPDATE 1-Dowling becomes rare nonprofit college to file for bankruptcy

WILMINGTON, Del., Nov 29 (Reuters) - Dowling College became a rare nonprofit college to file for bankruptcy on Tuesday after the liberal arts school near New York lost its academic accreditation in...


from Reuters: Bankruptcy News http://ift.tt/2g4qRI9

PRESS DIGEST- British Business - Nov 30

Nov 30 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.


from Reuters: Bankruptcy News http://ift.tt/2gDW3l2

UPDATE 1-Coal miners settle $100 mln fraud suit with W. Virginia

Nov 29 (Reuters) - Coal mining companies Alpha Natural Resources Holdings Inc and Contura Energy Inc have settled a lawsuit filed by a West Virginia regulator that accused them of engaging in a $100...


from Reuters: Bankruptcy News http://ift.tt/2guRBSD

Dowling becomes rare nonprofit college to file for bankruptcy

WILMINGTON, Del., Nov 29 (Reuters) - Dowling College became a rare nonprofit college to file for bankruptcy on Tuesday after the liberal arts school near New York lost its academic accreditation in...


from Reuters: Bankruptcy News http://ift.tt/2fOrGqA