Edition:
United Kingdom

Bankruptcy

Australian man dies in faulty air bag crash

July 22 An Australian man who died in a Sydney car crash may be the 18th death linked to faulty Takata air bags, after police said he was killed when hit in the neck by shrapnel from an air bag.

BRIEF-Aquion Energy emerges from Chapter 11 bankruptcy status

* Aquion Energy Inc emerges from Chapter 11 bankruptcy status under new U.S.-based ownership Source text for Eikon:

21 Jul 2017

Quality Care warns of receivership for big U.S. nursing home chain

CHICAGO, July 21 U.S. healthcare landlord Quality Care Properties Inc said on Friday that it can seek receivership for the country's second-largest nursing home chain, HCR ManorCare, after it failed to make a $79.6 million payment for current and past rent.

Hedge fund stung by unusual ruling over Sprint-Clearwire deal

WILMINGTON, Del, July 21 A Delaware judge ruled Friday that wireless carrier Clearwire Corp was sold in 2013 for more than twice its fair value, a decision that dealt a stinging loss to the Aurelius Capital Management hedge fund which spent years battling to prove Clearwire was vastly underpriced.

Regulatory News, Bonds, 21 Jul 2017

BRIEF-Soupman ‍Inc says entered debtor-in-possession loan in connection with chapter 11 proceeding - SEC filing

* In connection with chapter 11 case, co, original Soupman, Kiosk Concepts, Soupman Lending entered debtor-in-possession loan, security agreement

Bonds, Regulatory News 21 Jul 2017

Sears Canada starts liquidation sales prior to closing stores

TORONTO, July 21 Sears Canada Inc said it would start liquidation sales on Friday at 54 stores that it plans to close as part of a court-approved restructuring plan to improve its performance following years of declining sales.

Bonds, Regulatory News 21 Jul 2017

BRIEF-Georgia Power and Westinghouse and Wectec enters into an amendment and restatement of services agreement

* Georgia Power- ‍on July 20, co and Westinghouse and Wectec entered into an amendment and restatement of services agreement dated June 9, 2017​

Regulatory News, Bonds 21 Jul 2017

BRIEF-US Dataworks says sold its business assets to unit of Bankers Bancorp Of Oklahoma

* US Dataworks Inc says as part of its chapter 11 plan, company sold its business assets to a subsidiary of Bankers Bancorp Of Oklahoma, Inc Source text for Eikon: Further company coverage:

Regulatory News, Bonds, 21 Jul 2017

BRIEF-Paragon Offshore comments on chapter 11 filings related to Prospector Offshore

* Paragon Offshore limited comments on chapter 11 filings related to Prospector Offshore

20 Jul 2017

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.

20 Jul 2017

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