Edition:
India

Bankruptcy

Topics also related to Bankruptcy Sections:

Chinese bondholders face heavy losses, as metal producer folds

* Liquidation of state-owned metals group underlines China risks

BRIEF-Verengo announces planned sale of assets to Crius Energy

* Verengo announces planned sale of assets to Crius Energy under section 363 of chapter 11

24 Sep 2016

Hanjin says cargo owners withholding $80 mln in payments

WILMINGTON, Del, Sept 23 Failed South Korean container carrier Hanjin Shipping Co Ltd told a U.S. judge on Friday that cargo owners were withholding up to $80 million in payments for completed shipments, complicating the company's ability to move stranded freight.

Regulatory News, 24 Sep 2016

BRIEF-Essar Steel Algoma gets extension to CCAA proceedings, DIP financing facility

* Essar Steel Algoma extends stay of proceedings and debtor-in-possession financing

Regulatory News, 23 Sep 2016

BRIEF-Adinotec: court lifts insolvency over assets of Adinotec AG

* Court lifts insolvency over assets of Adinotec AG Source text for Eikon: Further company coverage: (Gdynia Newsroom)

23 Sep 2016

BRIEF-RBA Holdings largest creditor seeks control of co

* Housing Impact Fund South Africa Trust (HIFSA) has advised BRP that it is not willing to consider any plan that will not include a mechanism where it is able to obtain full control of RBA Group

23 Sep 2016

BRIEF-4Licensing files for chapter 11 bankruptcy

* Plan of reorganization has not yet been finalized, but management does not currently anticipate any recovery for shareholders Source text for Eikon: Further company coverage:

Regulatory News, 23 Sep 2016

Puerto Rico governor says island working to restore power

Sept 22 Puerto Rico's governor on Thursday said the island's power utility hoped to restore electricity to about half its 1.5 million customers by the afternoon, after a fire at an energy plant knocked out electricity for the bulk of the island.

22 Sep 2016

Korea Development Bank agrees to $45 mln Hanjin Shipping loan - Yonhap

SEOUL, Sept 22 Korea Development Bank (KDB), the lead creditor bank of Hanjin Shipping Co Ltd has decided to lend 50 billion won ($45 million) to the struggler shipper to help unload stranded cargo, wire service Yonhap reported on Thursday.

22 Sep 2016

Quote

Natus Sunt Laboriosam Pariatur Eiusmod Neque

Do Corporis Ab Dolores. Sequi Nulla Nesciunt Pariatur. Nemo Quae Quisquam Consectetur Dolore.

Topics also related to Bankruptcy: