Bankruptcy

UBS chairman says Greek default increasingly seen by IMF as controllable

ZURICH, April 25 - UBS's chairman said a default by Greece is seen by the International Monetary Fund as "systemically controllable" and he believed it would have a negligible impact on the Swiss bank itself, according to a newspaper interview published on Saturday.

Vietnam c.bank says taking over small lender

HANOI, April 25 - Vietnam's central bank will acquire all shares in a small, loss-making bank in Hanoi, a unit of Ocean Group Co, to ensure the banking system's safety, the second move in less than two months as it seeks to clean up the fragmented sector.

25 Apr 2015

BRIEF-Sniace announces dissolution of 2 subsidiaries after decision of Madrid's Commercial Court

* Announces the dissolution of Bosques De Cantabria SA and Bosques 2000 SL after the decision of Madrid's Commercial Court No. 2 Source text for Eikon:

24 Apr 2015

BRIEF-Universal Multimedia to delist from Euronext Paris on April 30 - Euronext

* Following the decision of winding-up of the company Universal Multimedia SA Euronext will proceed to the delisting the company's shares from Euronext Paris

24 Apr 2015

Capital trades will choke unless they cough up on price

LONDON, April 24 (IFR) - Pricing will be crucial for a wave of new bank capital deals as investors force issuers to pay up on trickier names, particularly against a choppier market backdrop.

24 Apr 2015

Bulgaria's cbank to appeal date of Corpbank's insolvency

SOFIA, April 24 - The Bulgarian central bank said it will challenge a court decision setting the date of insolvency of Corporate Commercial Bank (Corpbank) which could be important to recovering assets.

24 Apr 2015

BRIEF-Cecon to request company is declared bankrupt

* Is unable to present a plan for a compulsory composition and request that company is declared bankrupt

24 Apr 2015

Atlantic City power supplier agrees to turn the lights on at Revel

ATLANTIC CITY, N.J., April 23 - After a two-week blackout at Atlantic City's Revel Casino, a power supplier has agreed to turn the lights back on at the failed gambling resort under a temporary deal reached in court with its new owner.

24 Apr 2015

Creditors, Caesars spar over control of casino bankruptcy

April 23 - Creditors of the bankrupt operating unit of Caesars Entertainment Corp said they wanted to stop the casino company from extending the period when it has exclusive control of its Chapter 11 reorganization so other plans could be proposed.

UPDATE 3-RWE boss open to splitting up group if crisis worsens

* In talks with Gulf investor, no agreement reached (Recasts, adds fresh quotes)

23 Apr 2015

Quote

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Nulla Tempor Porro Odit Cillum Veniam Ea. Minima Sed Veritatis Id. Ad Aliquid Dicta Modi.