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Bankruptcy

Topics also related to Bankruptcy Sections:

Chaparral Energy aims to sell pipeline in push to exit bankruptcy

SAN FRANCISCO, Feb 21 Chaparral Energy Inc aims to have its bankruptcy exit plan confirmed next month, which may require suing a co-owner of a carbon dioxide pipeline to advance the sale of the asset, the bankrupt oil and gas producer said in court papers on Friday.

Energy Future bankruptcy plan approved, clearing way for NextEra

WILMINGTON, Del., Feb 17 Energy Future Holdings Corp, which owns the largest power network in Texas, received court approval on Friday to confirm its plan to exit bankruptcy and be acquired by NextEra Energy Inc in a deal valued at around $18 billion.

Retailer Perfumania explores strategic alternatives -sources

Feb 17 Perfumania Holdings Inc, a U.S. retailer with exclusive distribution rights to several Trump-branded colognes, has hired advisers to explore strategic alternatives, including a debt restructuring, people familiar with the matter said.

UPDATE 1-Brazil's PDG may surrender guaranteed assets ahead of reorganization -sources

SAO PAULO, Feb 17 PDG Realty SA, the Brazilian homebuilder struggling with a cash crunch, is considering surrendering buildings and land given as collateral to creditors ahead of a potential in-court reorganization, two people directly involved in the plan said.

Brazil's PDG may surrender guaranteed assets ahead of reorganization, sources say

SAO PAULO, Feb 17 PDG Realty SA, the Brazilian homebuilder struggling with a cash crunch, is considering surrendering buildings and land given as collateral to creditors ahead of a potential in-court reorganization, two people directly involved in the plan said.

Italy's Stefanel in talks to cede majority stake to Oxy, Attestor

MILAN, Feb 17 Struggling Italian clothing company Stefanel said on Friday it was in talks with private equity funds Oxy Capital and Attestor Capital over a deal that would hand them majority ownership of the group.

Financials, Feb 17 2017

Sunrise Brands bids for bankrupt U.S. retailer The Limited-sources

Feb 17 Clothing firm Sunrise Brands LLC has bid for the e-commerce business and intellectual property of bankrupt U.S. retailer The Limited, challenging a $26.3 million offer from private equity firm Sycamore Partners, people familiar with the matter said.

S.Korea court declares Hanjin Shipping bankrupt

SEOUL, Feb 17 A South Korean court declared Hanjin Shipping Co Ltd bankrupt on Friday, after ruling earlier this month that the firm's liquidation value would be worth more than its value as a going concern.

Industrials Feb 16 2017

Abengoa Bioenergy creditors settle asset sale distributions

CHICAGO, Feb 16 Creditors of Abengoa Bioenergy US Holding, a unit of Spanish renewable energy company Abengoa SA, have reached an agreement over the distribution of asset sale proceeds, removing a key hurdle for the company to exit bankruptcy.

Industrials, Financials Feb 16 2017

BRIEF-Alma Market says court in Krakow agrees to conclusion of contract of lease

* Court in Krakow agrees to conclusion of contract of lease of an organized part of co to Alma Krakow

Feb 16 2017

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