* Said on Thursday judge recognised payment rights related to 16.26 billion Mexican pesos ($879.08 million) in insolvency proceedings which were resolved May 16
MOSCOW, May 27 Russia's state development bank VEB may potentially raise financing on Islamic capital markets thanks to a memorandum of understanding it has signed with the Islamic Development Bank Group on Friday, VEB said in a statement.
May 27 Hercules Offshore Inc said it planned to file for prepackaged Chapter 11 bankruptcy, just six months after the rig contractor emerged from bankruptcy protection.
* Hercules Offshore Inc announces transfer of Hercules Highlander and execution of restructuring support agreement
May 27 UMS United Medical Systems International AG :
* Advises all shareholders and interested parties that high court of south africa, gauteng division, pretoria granted order for provisional liquidation of mapochs mine at an urgent hearing on 17 may 2016
MEXICO CITY, May 26 Mexican homebuilder Urbi said on Thursday it got a capital injection of 886.8 million pesos ($48 million) that will allow it to start operating again after having completed its debt restructuring.
May 26 Pacific Exploration And Production Corp :
WILMINGTON, Del., May 26 Sabine Oil & Gas Corp and Samson Resources Corp, energy producers with a combined debt of nearly $8 billion, are facing showdowns over plans to exit bankruptcy as junior creditors are demanding larger repayments.
May 26 The New Jersey legislature approved a rescue package on Thursday to lift Atlantic City out of its fiscal distress and give the struggling gambling hub more time to craft a recovery plan before facing a possible state takeover.
- M&A: UPDATE 5-Konecranes-Terex deal to proceed as China's Zoomlion drops rival bid
- IPOs: Lloyds bank shares reach break-even point for UK government sale
- Private Capital: BRIEF-Sofinnova Venture Partners reports 9.1 pct stake in Merus BV
- Hedge Funds: World's biggest hedge funds lose market share
- Regulatory News: SEC fines Federated Investors for oversight shortfalls
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