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Reuters: Bankruptcy News


Channel Title: Reuters: Bankruptcy News
Channel Website:

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.

Brazil judge may soon force vote on Oi board change -lawyer
SAO PAULO, July 28 (Reuters) - The judge overseeing the bankruptcy protection of Brazilian phone carrier Oi SA could force the company to call a shareholder vote on proposed changes to its board as... more

DBS expects to recover half of its $517 mln exposure to Swiber
July 28 (Reuters) - DBS Group Holdings, Singapore's biggest lender, said it expects to recover about half of its total exposure of S$700 million ($517.4 million) to Swiber Holdings Ltd, the oilfield... more

UPDATE 4-Bradesco shares sink as outlook for loan-loss provisions worsens
SAO PAULO, July 28 (Reuters) - Shares in Banco Bradesco SA sank on Thursday as a grimmer outlook for loan-loss provisions this year reignited concerns that a harsh recession and a deluge of... more

BRIEF-Kremlin says preliminary administration of assets of ordered
* Frank Schmitt appointed as preliminary insolvency administrator Source text for Eikon: Further company coverage: (Gdynia Newsroom) more

BRIEF-ItN Nanovation withdraws insolvency application
* District court has lifted arrangement of provisional self-administration Source text for Eikon: Further company coverage: (Gdynia Newsroom) more

Bradesco sees defaults peaking early in 2017 as Brazil recovers
SAO PAULO, July 28 (Reuters) - A rise in loan delinquencies at Brazilian private-sector lender Banco Bradesco SA could peak by year-end or early next year so long as no unexpected, large cases... more

BRIEF-Halcón Resources says files for court approval of prepackaged restructuring plan
* Under restructuring plan, company will reduce annual interest expense by more than $200 million more

BRIEF-LZMO files rehabilitation proceedings motion
* Said on Wednesday that it filed motion to regional court in Zielona Gora, Poland, to open rehabilitation proceedings more

UPDATE 2-Swiber to wind up, biggest Singapore casualty of oil slump
* Singapore oil and gas-related stocks tumble (Adds comment from lender, context on oilfield companies) more

PRESS DIGEST - Wall Street Journal - July 28
July 28 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. more

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