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Bankruptcy

Chongqing Steel warns of bankruptcy after creditor goes to court

SHANGHAI, April 25 China's debt-stricken Chongqing Iron and Steel Company warned of the risk of bankruptcy on Tuesday, after one of its creditors submitted an application to a local court to reorganise its assets.

UPDATE 1-Canada court upholds judgment favoring oil firm creditors

CALGARY, Alberta, April 24 A Canadian court on Monday upheld a decision to grant lenders priority over environmental clean-up costs in oil-and-gas bankruptcies, raising chances more disused wells from defunct companies could become a government responsibility.

3:29am BST

BRIEF-Chongqing Iron & Steel says it received a notice from Chongqing Laiquyuan Trading

* Received a notice from chongqing laiquyuan trading co., ltd

12:21am BST

Canada court upholds judgment favoring oil firm creditors

CALGARY, Alberta, April 24 A Canadian court on Monday upheld a decision to grant lenders priority over environmental clean-up costs in oil-and-gas bankruptcies, raising chances disused wells from defunct companies could become a government responsibility.

24 Apr 2017

UPDATE 2-U.S. Supreme Court rejects GM bid to block ignition switch suits

April 24 General Motors Co's bid to block hundreds of lawsuits, potentially worth billions of dollars, over a deadly ignition-switch defect broke down on Monday when the U.S. Supreme Court refused to hear its appeal claiming the suits were barred by the No. 1 American automaker's 2009 bankruptcy.

Bonds, Regulatory News, 24 Apr 2017

U.S. Supreme Court rejects GM bid to block ignition switch suits

April 24 General Motors Co's bid to block hundreds of lawsuits, potentially worth billions of dollars, over a deadly ignition-switch defect broke down on Monday when the Supreme Court refused to hear its appeal claiming the suits were barred by the No. 1 U.S. automaker's 2009 bankruptcy.

Bonds, Regulatory News, 24 Apr 2017

BRIEF-Ezra Holdings says interest payment due on 24 april for S$150 mln

* Ezra -interest payment due on 24 april for S$150 million 4.9 percent notes due 2018 constitutes pre-ezra chapter 11 filing claim that co not permitted to make on u.s. Bankruptcy code

24 Apr 2017

BRIEF-Court declares bankruptcy of Russia's Razgulay - Interfax

* The Moscow Arbitration Court has declared bankruptcy of Razgulay, Interfax news agency reports from the hearing

24 Apr 2017

BRIEF-Violin Memory says emerged from bankruptcy - SEC Filing

* On April 21, 2017 conditions set forth in amended plan of reorganization for co were satisfied or waived and effective date of plan occurred

Bonds, Regulatory News, 21 Apr 2017

Puerto Rico mediation devolves into war of words, deal still elusive

NEW YORK, April 21 A war of words rather than talk of reconciliation is the latest indication that Puerto Rico and its creditors are getting nowhere fast in their negotiations to restructuring the island's $70 billion in debt before mediation is due to end on Friday.

21 Apr 2017

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