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Croatia PM picks new economy minister to replace Dalic

ZAGREB, May 21 Prime Minister Andrej Plenkovic said on Monday he was proposing Darko Horvat as Croatia's new economy minister after Martina Dalic quit last week over her handling of the crisis at Agrokor, the country's biggest private firm.

Puerto Rico, oversight board reach deal on fiscal plan

May 21 Puerto Rico and its federally appointed oversight board have reached a deal to avoid litigation over much-needed economic overhauls in the bankrupt U.S. territory.

21 May 2018

BRIEF-KB Dom Files For Bankruptcy

* SAID ON FRIDAY IT FILED FOR BANKRUPTCY IN DISTRICT COURT IN GDANSK

21 May 2018

Tata Steel completes $5.2 bln purchase of bankrupt Bhushan Steel

May 18 India's Tata Steel Ltd said on Friday it had completed the acquisition https://www.bseindia.com/xml-data/corpfiling/AttachLive/0e7c87d5-5b96-43fa-a678-a179bd080daa.pdf of a 72.7 percent stake in Bhushan Steel Ltd, which was in bankruptcy court over unpaid loans.

18 May 2018

UPDATE 1-CEFC Europe resists takeover by J&T, says can repay debt

PRAGUE, May 18 CEFC Europe, a Czech-based division of troubled conglomerate CEFC China Energy, said it would contest a takeover of shareholder rights by creditor J&T Private Investments (JTPI), arguing it had funds to pay a debt at the centre of the dispute.

Private Capital, 18 May 2018

China steel firm Kingtec facing bankruptcy amid debt pressures

SHANGHAI, May 18 Kingtec Steel Corporation, based in China's far northwestern region of Xinjiang, is preparing to apply for bankruptcy as a result of spiraling debt, the company said in a statement on Friday.

18 May 2018

UPDATE 1-Debt-laden RCom in advanced talks with Ericsson to resolve issues

* Bankruptcy court ordered insolvency resolution against RCom

18 May 2018

India RCom's settlement with Ericsson over dues unlikely for now -sources

MUMBAI, May 18 Embattled telecoms firm Reliance Communications is in talks with Ericsson to reach a settlement outside of bankruptcy court over unpaid service dues, but a deal with the Swedish gearmaker looks unlikely for now, two sources said.

18 May 2018

CEFC Europe to contest takeover by J&T Private Investments

PRAGUE, May 18 CEFC Europe, a Czech-based part of troubled conglomerate CEFC China Energy, said it would contest a takeover of shareholder rights by creditor J&T Private Investments (JTPI).

18 May 2018

Gawker site finds bidder after court approves settlement with billionaire Thiel

May 17 The co-founder of New York-based marketing firm Didit is interested in buying gossip website Gawker Media LLC out of bankruptcy after a U.S. judge on Thursday approved a settlement with the investor Peter Thiel, whose funding of a lawsuit against Gawker forced it to close in 2016.

18 May 2018

Quote

Rem Amet Dolorem Quaerat Aspernatur Explicabo

Magnam In Autem Fugiat Veritatis Rem Sed. Corporis Natus Aute Ut. Laborum Adipisci Architecto Architecto Quaerat Veniam.

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