Bankruptcy

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Ex-Dewey execs seek trial delay amid insurance dispute

NEW YORK, Nov 21 - Three former leaders of defunct law firm Dewey & LeBoeuf accused of falsifying the company's financial results cannot go to trial in January because an insurance company has refused to pay their latest legal bills, their lawyers told a judge on Friday.

UPDATE 3-Video streaming service Aereo files for bankruptcy

(Adds details on Aereo service, response from IAC spokeswoman)

Regulatory News, 12:54am IST

Revel Casino tries to save sale, but buyer is AWOL

Nov 21 - Lawyers for the shuttered Revel Casino Hotel told a bankruptcy judge on Friday they were prepared to meet on Monday to rescue the $110 million sale of the closed Atlantic City gambling complex. It's unclear, however, if the buyer will be there.

Regulatory News, 21 Nov 2014

Volatility to shut sub bond market till 2015

LONDON, Nov 21 (IFR) - Banks may have to wait until 2015 to fortify their balance sheets with subordinated bonds as the latest bout of volatility gives investors pause on buying riskier debt.

21 Nov 2014

TV streaming provider Aereo files for bankruptcy

Nov 21 - Television streaming service Aereo Inc filed for bankruptcy protection after a U.S. Supreme Court ruling in June found that the company's business model violated copyright laws.

Regulatory News, 21 Nov 2014

REFILE-Bankers grapple with TLAC ramifications

LONDON, Nov 20 (IFR) - The implications of plans to tackle the problems of banks considered Too-Big-Too-Fail was the hot topic of discussion at IFR's annual FIG conference on Thursday.

21 Nov 2014

Precious Shipping asks court for fuel payment ruling after OW collapse

SINGAPORE, Nov 21 - Thai-listed shipowner Precious Shipping has turned to the Singapore court for a decision on which company it should pay for fuel it bought, which is unclear after the bankruptcy of the world's largest bunker supplier.

21 Nov 2014

Bankers grapple with TLAC ramifications

LONDON, Nov 20 (IFR) - The implications of plans to tackle the problems of banks considered Too-Big-Too-Fail was the hot topic of discussion at IFR's annual FIG conference on Thursday.

20 Nov 2014

Singapore 380-cst Dec/Jan spread hits over 2-month high

SINGAPORE, Nov 20 - The price difference between the Singapore 380-centistoke December and January swaps widened to a more than two-month high on Thursday, an unusual peak towards the end of the year that is leaving many baffled, traders said.

20 Nov 2014

Switzerland's Eurofin in process of shutting down-WSJ

ZURICH, Nov 20 - Swiss financial company Eurofin, criticised by Portugal's markets watchdog for helping Banco Espirito Santo (BES) raise money as it headed towards collapse earlier this year, is in the process of largely shutting down, the Wall Street Journal said.

20 Nov 2014

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Laboriosam Eu Voluptate Corporis Eum Ratione Exercitationem

Eiusmod Adipisicing Aperiam Adipisicing Omnis Laborum. Totam Doloremque Laboriosam Veritatis Commodo. Ea Fugit Aliqua Aute.

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