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United Kingdom

Bankruptcy

Brazil court rules Oi's fines are subject to bankruptcy recovery

SAO PAULO, Sept 19 A Rio de Janeiro appeals court has determined that billions of dollars in fines owed to regulators by Brazil's Oi SA will be included in the company's bankruptcy recovery package, a ruling showed on Wednesday.

Administrator seeks buyer for German charter airline Small Planet

BERLIN, Sept 19 Insolvent German charter carrier Small Planet Airlines hopes to attract a buyer following a debt restructuring, its administrator told Reuters on Wednesday, saying he saw good a chance of a deal.

19 Sep 2018

Judge rejects creditor move to halt Puerto Rico debt restructuring

Sept 18 A U.S. judge on Tuesday ruled that a group of unsecured creditors in Puerto Rico's bankruptcy case cannot stop a debt restructuring agreement involving the island's Government Development Bank (GDB).

18 Sep 2018

UPDATE 1-Shareholders of Brazil's Oi approve new board, capital raise

RIO DE JANEIRO, Sept 17 Shareholders in Oi , Brazil's largest fixed-line telecom firm, on Monday approved a slate of new board members and a 4 billion real ($964 million) capital raise seen as key to the firm's restructuring process.

Regulatory News, Bonds 17 Sep 2018

Lehman brokerage wind-down could end in 2019 - trustee

NEW YORK, Sept 17 The liquidation of Lehman Brothers Holdings Inc's brokerage unit could end in 2019, 11 years after its parent's bankruptcy became a primary cause of the global financial crisis.

17 Sep 2018

PRESS DIGEST-Canada-Sept 17

Sept 17 The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy.

Bonds, Regulatory News, 17 Sep 2018

UPDATE 1-Abu Dhabi Financial Group offers revised bid for Abraaj's ME funds

ABU DHABI, Sept 15 Abu Dhabi Financial Group (ADFG) has submitted a revised bid to acquire the management rights for the Middle East funds of stricken Dubai-based Abraaj, according to a document seen by Reuters.

Private Capital, 15 Sep 2018

TEN YEARS ON-What has happened since the collapse of Lehman Brothers

LONDON, Sept 14 Every day this week Reuters will provide an expert guide to what has changed and what has not since the collapse of Lehman Brothers in 2008. For a graphic on the financial crisis and its aftermath, click on https://tmsnrt.rs/2wRXjI1

14 Sep 2018

Puerto Rico bond restructuring approved in initial vote tally

SAN JUAN, Sept 13 Creditors overwhelmingly approved a plan to restructure bonds issued by Puerto Rico's insolvent Government Development Bank (GDB), according to preliminary voting results announced on Thursday.

13 Sep 2018

TEN YEARS ON-What has happened since the collapse of Lehman Brothers

LONDON, Sept 13 Every day this week Reuters will provide an expert guide to what has changed and what has not since the collapse of Lehman Brothers in 2008. For a graphic on the financial crisis and its aftermath, click on https://tmsnrt.rs/2wRXjI1

13 Sep 2018

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