BRIEF-Miner NWR says subsidiary OKD board to discuss insolvency on May 3

* Says coal mining operations subsidiary OKD board to discuss insolvency on May 3

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

BRIEF-DF Deutsche Forfait says local court confirms insolvency plan

* Board of management of df deutsche forfait ag therefore assumes that confirmation by court will become final no later than May 17, 2016

from Reuters: Bankruptcy News http://ift.tt/24pFMjz

Vodafone India mandates for up to US$3bn IPO

April 29 (IFR) - UK telecom giant Vodafone has mandated Bank of America Merrill Lynch, Kotak and UBS as joint global coordinators for the IPO of its Indian unit, according to two sources.

from Reuters: New Issues News http://ift.tt/26B0yyB

CD&R swallows sausage casings maker Kalle

LONDON, April 29 (Reuters) - U.S. buyout house Clayton Dubilier & Rice (CD&R) has bought German sausage casings maker Kalle from Silverfleet Capital, the companies said on Friday.

from Reuters: New Issues News http://ift.tt/1TiOoAG

Mongolian Mining in restructuring talks after bond default

HONG KONG, April 29 (Reuters) - Mongolian Mining Corp said it is continuing discussions with bondholders to restructure its bonds on which it missed a coupon payment last month.

from Reuters: Bankruptcy News http://ift.tt/26zwG5E

PRESS DIGEST- New York Times business news - April 29

April 29 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

from Reuters: Bankruptcy News http://ift.tt/26zphU3

BRIEF-Thermoceramix announces bankruptcy filing

* Board authorized voluntary assignment as co not able to meet obligations owing to creditors or fund operations of co or its subsidiaries

from Reuters: Bankruptcy News http://ift.tt/1r0zRCR

Energy Future Holdings says investors will not fund Oncor deal

WILMINGTON, Del., April 28 (Reuters) - Energy Futures Holdings Corp's plan to sell its Oncor power distribution business for about $19 billion to fund its exit from bankruptcy will not close as...

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

Bank of Italy says draft law could cut credit recovery process to 7-8 months - source

ROME, April 28 (Reuters) - The Bank of Italy has calculated that a draft law allowing creditors to recover bad debts without involving the court system could drastically reduce the length of time the...

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

BRIEF-Lehman Brothers Inc. Trustee to make additional distribution to unsecured general creditors

* Lehman Brothers Inc. Trustee announces plans for additional distribution to unsecured general creditors

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

LPC: DIP loans to distressed companies mount with bankruptcies

NEW YORK, April 28 (Reuters) - Distressed U.S. companies including a coal producer, sporting goods retailer and brokerage firm received loans this year to sustain business while reorganizing, and the...

from Reuters: Bankruptcy News http://ift.tt/1QD0lPK

BHS administrator receives "around 50" expressions of interest - source

LONDON, April 28 (Reuters) - The administrator to BHS, the British department store group that is battling to stay in business, has received "around 50" expressions of interest for all or various...

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

BRIEF-Lehman Brothers Trustee announces plans for additional distribution

* Lehman Brothers Trustee says if approved by court, distribution would bring cumulative payout to unsecured general creditors to 38 percent

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

BRIEF-DF Deutsche Forfait: amendment to insolvency plan

* Amendments mainly relate to a reduction of waiver ratio of partial debt waiver by creditors, which now amounts in a first step to 61.96 pct rather than 63.7 pct Source text for Eikon: Further...

from Reuters: Bankruptcy News http://ift.tt/1Sv1Yob

India asks UK to deport embattled tycoon Mallya

NEW DELHI, April 28 (Reuters) - India said on Thursday it had asked Britain to deport Vijay Mallya, the liquor tycoon who flew to London last month as bankers pressed him to repay about $1.4 billion...

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