Edition:
India

Bankruptcy

Topics also related to Bankruptcy Sections:

BRIEF-India's finance minister: debtors will have to make sure debts are serviced

* India's Finance Minister Arun Jaitley says effective supervision required to ensure company's functioning doesn't come to a standstill during insolvency process

BRIEF-India's Sebi chairman says bankruptcy code will grow interest in low rated corporate bonds

* The chairman of the Securities and Exchange Board of India says successful implementation of bankruptcy code will grow investor interest in low rated corporate bonds (Reporting by Suvashree Choudhury)

11:49am IST

UPDATE 2-Elliott lawyer says third bidder may top Buffett's Oncor bid

Aug 18 An unidentified utility could pay $9.3 billion to buy Texas power transmission company Oncor Electric Delivery Co, topping Berkshire Hathaway Inc's $9 billion bid, a lawyer for the largest creditor of Oncor's parent told a U.S. bankruptcy judge on Friday.

Abengoa Brazil unit gets approval from creditors for restructuring plan

SAO PAULO, Aug 18 The Brazilian unit of struggling Spanish energy and infrastructure group Abengoa SA obtained approval from creditors on Friday for its in-court debt restructuring plan, said a lawyer representing one of the creditors.

5:14am IST

Elliott Management lawyer says utility may top Buffett's Oncor bid

Aug 18 A lawyer for Elliott Management told a U.S. bankruptcy judge on Friday that an unidentified utility could pay $9.3 billion to buy Texas power transmission company Oncor, topping a $9 billion bid by Warren Buffett's Berkshire Hathaway Inc.

BRIEF-Air Berlin files for protection from creditors in United States

Aug 18 Air berlin files for protection from creditors in the united states -- court filing AIR BERLIN SAYS FILING IS INTENDED TO HELP IT SHIELD ASSETS LOCATED WITHIN THE UNITED STATES FROM THE REACH OF CREDITORS AIR BERLIN FILES FOR PROTECTION FROM CREDITORS WITH THE U.S. BANKRUPTCY COURT IN MANHATTAN AIR BERLIN SEEKS RELIEF UNDER CHAPTER 15 OF THE U.S. BANKRUPTCY CODE

Regulatory News 18 Aug 2017

UPDATE 2-Future of Air Berlin's Niki uncertain as Lufthansa begins talks

* Labour bosses say Niki's August wages will be 'litmus test'

Aerospace & Defence 18 Aug 2017

Airline investor Woehrl formally indicates interest in Air Berlin

FRANKFURT, Aug 18 INTRO-Verwaltungs GmbH, the group controlled by airline investor Hans Rudolf Woehrl, has formally indicated its interest in taking over Air Berlin , it said in a statement on Friday.

Private Capital, 18 Aug 2017

UPDATE 1-German govt not involved in Air Berlin talks - Economy Ministry

BERLIN, Aug 18 The German government is not involved in talks on the sale of insolvent German airline Air Berlin's assets, an Economy Ministry spokesman said on Friday, adding there was no deadline for any deal to be sealed.

18 Aug 2017

German gov't not involved in Air Berlin talks - economy ministry

BERLIN, Aug 18 The German government is not involved in talks on the sale of insolvent German airline Air Berlin's assets, an Economy Ministry spokesman said on Friday, adding there was also no deadline for the companies to seal a deal.

Regulatory News, 18 Aug 2017

Quote

Quo Ullamco Aperiam Dolorem Lorem Occaecat

Magnam Ut Occaecat Cillum Aliqua Anim Illo. Elit Vel Consequuntur Beatae Nihil Dolorem. Et Error Beatae Amet Qui Amet Labore.

Topics also related to Bankruptcy: