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BRIEF-Integrated Research says Avaya filed for voluntary petitions under Chapter 11 of bankruptcy

* Integrated research has been informed that Avaya and its US domestic units commenced formal proceedings for restructure

UPDATE 2-Puerto Rico governor cites 'sharp contrast' with island's overseers

Jan 20 Puerto Rico Governor Ricardo Rossello on Friday criticized a set of recommendations by the federal board in charge of managing the U.S. territory's finances, signaling a potential power struggle between the government and the board on how to pull the island out of economic crisis.

21 Jan 2017

U.S. bankruptcy court judge OKs $425 million for Avaya loan

NEW YORK, Jan 20 A U.S. bankruptcy court judge granted Avaya Inc approval on Friday to tap $425 million of the $725 million loan proposed to carry the telecommunications company through its restructuring, funds the company said were essential to continue operations.

Puerto Rico governor cites 'sharp contrast' with island's overseers

Jan 20 Puerto Rico Governor Ricardo Rossello on Friday criticized a set of recommendations by the federal board in charge of managing the U.S. territory's finances, signaling a potential power struggle between the government and the board on how to pull the island out of economic crisis.

21 Jan 2017

BRIEF-OIM Board believes continuation of company is not in interests of shareholders

* Board believes continuation of company in long term is not in interests of shareholders

20 Jan 2017

UPDATE 1-Bankruptcy judge denies request for Peabody equity committee

ST. LOUIS, Jan 19 A U.S. bankruptcy judge denied on Thursday a request by Peabody Energy Corp shareholders to order the appointment of an official equity committee in the coal miner's Chapter 11 restructuring, crushing hopes of a recovery for investors.

Regulatory News, 20 Jan 2017

Ex-Sentinel chief loses bid to void conviction, 14-year prison term

Jan 19 A federal appeals court rejected former Sentinel Management Group Inc chief Eric Bloom's bid to void his conviction and 14-year prison sentence over an estimated $666 million fraud that led to the demise of his suburban Chicago firm and a big writedown for Bank of New York Mellon Corp .

Regulatory News, 20 Jan 2017

UPDATE 2-Telecommunications company Avaya files for bankruptcy

WILMINGTON, Del, Jan 19 Telecommunications company Avaya Inc filed for Chapter 11 bankruptcy on Thursday to reduce its debt load of about $6.3 billion but said it would not sell its call center business, which it had tried to do last year.

U.S. bankruptcy judge denies request for Peabody equity committee

ST LOUIS, Jan 19 A U.S. bankruptcy judge denied on Thursday a request to order the appointment of an official equity committee in chapter 11 of coal miner Peabody Energy Corp . (Reporting by Tom Hals in Wilmington, Delaware; editing by G Crosse)

Regulatory News, 20 Jan 2017

Telecoms company Avaya files for bankruptcy

WILMINGTON, Del, Jan 19 Telecommunications company Avaya Inc filed for Chapter 11 bankruptcy on Thursday to reduce its debt, but said it will not sell its call center business at this time.

Regulatory News 19 Jan 2017

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