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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.

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 more

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 more

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. more

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. more

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 more

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... more

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... more

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 more

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... more

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... more

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