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Reuters: Bankruptcy News


Channel Title: Reuters: Bankruptcy News
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Channel Description: is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals.

Oil plunge deepens high-yield gloom
NEW YORK, Aug 28 (IFR) - US crude fell to a more than six-year low this week, clouding the picture for a high-yield energy sector that already faces a significant cull when credit lines are... more

BRIEF-Global PVQ says mechanics of further distribution of proceeds determined
* Creditors of Global PVQ SE (formerly: Q-Cells SE) held final meeting in insolvency proceedings on Aug. 27 more

No quick ruling in Caesars bondholder case, possible trial looms
NEW YORK, Aug 27 (Reuters) - Caesars Entertainment Corp on Thursday moved a step closer toward a possible trial with bondholders, as a Manhattan federal judge refused to hold the gaming company... more

TRLPC: Peabody's secondary loan pricing steady despite restructuring reports
NEW YORK, August 27 (Reuters) - US coal producer Peabody Energy's US$1.2bn term loan traded unchanged at around 73-74 percent of face value in the US secondary loan market, loan traders said on... more

BRIEF-Chrometco says to talk to International Ferro Metals' business rescue practitioner
* At commencement of international ferro metals' businesses rescue, remain outstanding contractual and financial obligations to co more

BRIEF-Mobiliaria Monesa H1 net loss narrows to 509,000 euros
* H1 net loss 509,000 euros ($574,916) versus loss 612,000 euros year on year more

BRIEF-Global PVQ final insolvency dividend of at least 25 pct is to be expected
* Final insolvency dividend of at least 25 percent is to be expected Source text for Eikon: Further company coverage: (Gdynia Newsroom) more

BRIEF-Court declares bankruptcy of Solombalsk Cellulose and Paper Plant
Aug 27 (Reuters) - Solombalsk Cellulose and Paper Plant OJSC : more

U.S. court approves Corinthian Colleges' liquidation plan - WSJ
Aug 26 (Reuters) - A U.S. bankruptcy judge has approved Corinthian Colleges Inc's plan to liquidate its assets, facilitating the company's final winding-down process, the Wall Street Journal reported... more

UPDATE 2-Puerto Rico fiscal plan includes cash and cuts -report citing draft
NEW YORK, Aug 26 (Reuters) - Puerto Rico is proposing to inject $1.5 billion into the island in capital expenditure over five years, as part of a turnaround plan which includes cuts to schools, its... more

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