BRIEF-Bioscience Brands says liquidators proceeding with winding up co

* Liquidators are accordingly proceeding with winding up of company

BRIEF-Pinnacle Point says no prospect of dividend at this stage

* There is no change to company's financial circumstances and it remains in final liquidation

10:47am BST

BRIEF-Alfa Star to file for liquidation

* Said on Tuesday that it lost its financial liquidity on Aug. 29

8:03am BST

BRIEF-Imagis files for bankruptcy

* Said on Tuesday that it filed a motion to Warsaw Court for the company's insolvency with possibility of arrangement with its creditors

7:55am BST

BRIEF-Evraz Highveld says rescue team to announce successful bidder this week

* Creditors' committee met on Sep. 2 to consider three final binding offers received from preferred bidders in terms of sales process

7:31am BST

Puerto Rico's PREPA, bondholders reach restructuring accord - sources

SAN JUAN, Sept 1 - Puerto Rico's public utility PREPA and a key bondholder group have reached the framework of a debt restructuring deal that would include a repayment reduction, or haircut, of up to 15 percent for bondholders, two people close to the talks said.

2:29am BST

MIDEAST STOCKS - Factors to watch - Sept 1

DUBAI, Sept 1 - Here are some factors that may affect Middle East stock markets on Tuesday. Reuters has not verified the press reports and does not vouch for their accuracy.

01 Sep 2015

Hillview's bankruptcy negative for small town government -Moody's

NEW YORK, Aug 31 - A bankruptcy filing by tiny Hillview, Kentucky, is more evidence that municipalities increasingly see Chapter 9 as a way to fix their finances, a move that is negative for the entire local government sector, Moody's credit agency said on Monday.

01 Sep 2015

Brazil court frees DIP loan for OAS under certain conditions

SAO PAULO, Aug 31 - A Brazilian bankruptcy court freed up the disbursement of a debtor-in-possession loan on Monday to engineering firm OAS SA, which is under bankruptcy protection, under certain conditions, a source with direct knowledge of the ruling said.

31 Aug 2015

Puerto Rico government delays fiscal reform plan

SAN JUAN, Aug 29 - Puerto Rico will delay until Sept. 8 the completion of its fiscal reform plan, the commonwealth's government said on Saturday, citing time spent on contingency disaster planning by the government in the run-up to Tropical Storm Erika.

30 Aug 2015


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