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Bankruptcy

MIDEAST STOCKS - Factors to watch - May 26

DUBAI, May 26 Here are some factors that may affect Middle East stock markets on Thursday. Reuters has not verified the press reports and does not vouch for their accuracy.

BRIEF-Emerald Oil enters into purchase agreement with CL Energy

* Under terms of agreement, substantially all of assets would be sold for approximately $73.0 million

Bonds, Regulatory News 1:01am BST

Lawyers for BHS suitor knew of his bankruptcy, lawmakers told

LONDON, May 25 Lawyers advising Dominic Chappell knew he had previously been declared bankrupt before he led the acquisition of the BHS department store chain from retail tycoon Philip Green, British lawmakers were told on Wednesday.

25 May 2016

BRIEF-Miner NWR's OKD unit has registered three indicative financing offers

* OKD unit says group has not received any direct financing offers, but has three indicative offers

25 May 2016

BRIEF-Court opens accelerated arrangement proceedings of Imagis

* Court in Warsaw, Poland, decided on May 25 to open accelerated arrangement proceedings of company

25 May 2016

BRIEF-Property Lease Fund decides to file for opening of accelerated arrangement proceedings

* Decides to file motion for opening of accelerated arrangement proceedings under Polish restructuring law to court in Wroclaw, Poland Source text for Eikon: Further company coverage:

25 May 2016

BRIEF-OHL's Cercanias Mostoles Navalcarnero files for insolvency

* Said on Tuesday that its unit, local train operator Cercanias Mostoles Navalcarnero SA, filed for insolvency after Madrid Superior Court denied to suspend a fine of 34.1 million euros ($38.0 million) imposed by Madrid Community

25 May 2016

BRIEF-Breitburn Energy announces trading to begin on the OTC market

* Breitburn Energy Partners announces trading to begin on the OTC market

Bonds, Regulatory News, 25 May 2016

BRIEF-Aspect Software says it expects to emerge from restructuring process imminently

* Announces court approval of plan to deleverage its balance sheet, reducing long term debt by 40% Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)

Bonds, Regulatory News, 24 May 2016

U.S. Sen. Durbin cites problems with House Puerto Rico debt bill

WASHINGTON, May 24 U.S. Senator Dick Durbin, the second-ranking Democrat, on Tuesday expressed deep reservations with a Puerto Rico debt relief bill being debated by a House of Representatives panel this week.

24 May 2016

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