Bankruptcy

Judge to rule on whether Stockton, California can exit bankruptcy

SAN FRANCISCO, Oct 30 - A judge in Sacramento is set to decide on Thursday if the California city of Stockton can exit bankruptcy. If not, the city may need to cut its pension obligations, a controversial issue that has captured the attention of the $3.7 trillion U.S. municipal bond market.

Angola brings oil firm Sonangol into local BES bank

LISBON, Oct 30 - Angola's central bank has brought in state oil company Sonangol as a shareholder in the rescue of the BES Angola (BESA) bank, despite the objections of BESA's former parent, Portugal's bailed-out lender Banco Espirito Santo (BES).

12:27pm GMT

BRIEF-Vaahto Group Vapate Oy unit files for bankruptcy

* Vaahto Group Plc Oyjs subsidiary Vapate Oy files for bankruptcy

29 Oct 2014

UPDATE 1-Dow Jones asks court to deny GT Advanced, Apple's secrecy motion

Oct 29 - Dow Jones & Co Inc, publisher of the Wall Street Journal, has asked a court to deny a request by Apple Inc and GT Advanced Technology Inc to keep under seal some documents relating to GT Advanced's bankruptcy.

Bonds, Regulatory News, 29 Oct 2014

Dow Jones asks court to deny GT Advanced, Apple's secrecy motion

Oct 29 - Dow Jones & Co Inc, publisher of the Wall Street Journal, has asked a court to deny a request by Apple Inc and GT Advanced Technology Inc to keep under seal some documents relating to GT Advanced's bankruptcy.

Bonds, Regulatory News, 29 Oct 2014

BRIEF-Aduma files for bankruptcy with liquidation of assets

* Said on Tuesday it filed to District Court in Wroclaw for bankruptcy with liquidation of assets

29 Oct 2014

U.S. SEC targets Wyly relatives in effort to collect $300 mln claim

NEW YORK, Oct 28 - The U.S. and Securities Exchange Commission on Tuesday added more than a dozen relatives of Texas businessmen Sam and Charles Wyly to a long-running securities fraud lawsuit against the brothers to bolster its efforts to collect some $300 million.

GT Advanced sought to avoid costly battle with Apple -filing

SAN FRANCISCO, Oct 28 - GT Advanced Technology Inc , which struck an agreement with erstwhile partner Apple Inc last week that allowed it to proceed with its bankruptcy, said the iPhone maker had threatened to seek damages of more than $1 billion against the company.

Regulatory News, 28 Oct 2014

UPDATE 3-Detroit trial ends, judge to rule Nov. 7 on bankruptcy plan

DETROIT, Oct 27 - Detroit on Monday wrapped up its historic bankruptcy case, which began with contentious opposition from creditors and ended with eleventh-hour deals enabling the city to shed $7 billion of its $18 billion of debt and obligations.

27 Oct 2014

Bankruptcy judge to rule on Energy Future's Oncor unit sale Nov. 3

WILMINGTON, Del, Oct 27 - A bankruptcy judge will rule next week if Energy Future Holdings Corp, a bankrupt Texas power company, can conduct an auction for its power distribution business, which is likely worth billions of dollars.

Photo

Is U.S. economic patriotism hurting?

Any Americans believing that their country is being bought up by the Chinese might want to think again, according to the Vale Columbia Center on Sustainable International Investment.

Quote

Exercitationem Quaerat Ratione Voluptas Doloremque

Corporis Adipisicing Veritatis Laudantium Exercitation Enim. Adipisci Neque Velit Proident Fugiat. Modi Sed Ut Quis Sint.