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Bankruptcy

UPDATE 4-Top adviser to Puerto Rico governor resigns, 'in no way pressured'

NEW YORK, July 20 Elias Sanchez, Governor Ricardo Rosselló’s liaison to Puerto Rico’s financial oversight board who has been criticized over his financial disclosures, resigned on Thursday.

BRIEF-Dragonwave announces receipt of repayment demand and notice of intention to enforce security

* Dragonwave announces receipt of repayment demand and notice of intention to enforce security from comerica bank

Bonds, Regulatory News 3:46pm BST

BRIEF-Vertice 360 says creditors accept settlement proposal

* SAYS CREDITORS ACCEPT SETTLEMENT PROPOSAL Source text for Eikon:

1:29pm BST

PRESS DIGEST - Wall Street Journal - July 20

July 20 The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

Regulatory News, Bonds, 5:23am BST

BRIEF-Dynamic International Airways says files Chapter 11 petition

* Dynamic International Airways - filed a voluntary Chapter 11 petition with the United States Bankruptcy Court in the Middle District of North Carolina

1:16am BST

Brazil's Oi board approves $2.5 billion capital raise plan

SAO PAULO, July 19 The board of Oi SA on Wednesday approved a plan to raise 8 billion reais ($2.5 billion) in fresh capital from shareholders and investors as a way to accelerate the Brazilian wireless carrier's emergence from bankruptcy.

Regulatory News, Bonds, 19 Jul 2017

RadioShack brand to survive under new owner -sources

July 19 The RadioShack brand will live on after a family office already owed $23 million by the bankrupt U.S. electronics chain agreed to assume ownership of it, as no other buyers submitted better bids this week, people familiar with the matter said.

Bonds, Regulatory News 19 Jul 2017

Peugeot, French government resolve supplier bailout dispute

PARIS, July 19 PSA Group said on Wednesday it had reached agreement with the French government over the carmaker's contribution to a rescue plan for struggling supplier GM&S, defusing their public stand-off ahead of a key bankruptcy hearing.

19 Jul 2017

BRIEF-Vanguard Natural Resources, Llc announces confirmation of plan of reorganization

* Vanguard Natural Resources, Llc announces confirmation of plan of reorganization

Bonds, Regulatory News 19 Jul 2017

Victims' lawyers say unjust to halt U.S. air bag cases vs carmakers

WILMINGTON, Del., July 18 Lawyers for people injured by Takata Corp's defective air bags told a U.S. judge on Tuesday there was "no basis" for an "unjust" request by the company's U.S. unit to halt hundreds of consumer lawsuits against car companies that used the air bags.

Bonds, Regulatory News 18 Jul 2017

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