Edition:
United States

Bankruptcy

Topics also related to Bankruptcy Sections:

South African court denies Zambia leave to appeal in Vedanta case

LONDON, Aug 23 A South African high court judge on Friday refused Zambia's state mining company ZCCM leave to appeal a previous ruling halting the sale of Vedanta Resources' majority-owned Konkola Copper Mines (KCM) pending arbitration.

U.S. judge refuses to dismiss lawsuit over Puerto Rico pension law

SAN JUAN, Aug 22 A lawsuit filed by Puerto Rico's financial oversight board over a new pension and healthcare funding law will move forward after a federal judge on Thursday denied the U.S. commonwealth's motion to dismiss the case.

Brazil's Imcopa unable to terminate Petrópolis lease early, court says

SAO PAULO, Aug 22 A Brazilian judge on Wednesday ruled that Imcopa, one of the country's largest processors of non-genetically modified soybeans, will no longer be able to enforce early termination of a lease agreement related to two soy crushing plants.

Aug 22 2019

UPDATE 1-Elliott-funded Avocet Mining goes into administration

Aug 21 Gold miner Avocet Mining Plc on Wednesday appointed Paul Williams and Geoffrey Bouchier from Duff & Phelps Ltd as joint administrators, as it started its insolvency process.

Basic Materials Aug 21 2019

Elliott-funded Avocet goes into administration

Aug 21 Elliott-funded Avocet Mining Plc on Wednesday appointed Paul Williams and Geoffrey Bouchier from Duff & Phelps Ltd as joint administrators with effect from Aug. 21.

Basic Materials Aug 21 2019

UPDATE 1-PES layoffs accelerate as Philadelphia refinery closes

Aug 20 Refiner Philadelphia Energy Solutions is laying off the majority of its unionized workforce on Tuesday and Wednesday, the union's president said, ahead of an initial layoff deadline.

PES layoffs accelerate as Philadelphia refinery closes

Aug 20 Refiner Philadelphia Energy Solutions is laying off the majority of its unionized workforce on Tuesday and Wednesday, the union's president said, ahead of an initial layoff deadline.

UPDATE 2-Shares in Brazil's Oi sink after reports shareholder seeks to change CEO

SAO PAULO, Aug 20 Shares in Brazilian telecoms carrier Oi SA posted heavy losses on Tuesday, after media reports that its largest shareholder, GoldenTree Asset Management, is seeking to replace Oi's Chief Executive Officer Eurico Teles.

Argentina's 5-year CDS climb 77 bps as new treasury minister sworn in

LONDON, Aug 20 The cost of insuring against an Argentine sovereign default climbed on Tuesday as Hernan Lacunza was sworn in as the new treasury minister of the crisis-hit country.

Financials Aug 20 2019

Brazil's Oi largest shareholder requests CEO change- report

SAO PAULO, Aug 20 The largest shareholder in Brazilian carrier Oi SA, GoldenTree Asset Management, has requested the company to replace its Chief Executive Officer Eurico Teles, Brazilian newspaper O Estado de S. Paulo reported on Tuesday.

Stock Quote, Bonds, Markets, Aug 20 2019

Quote

Consectetur Velit Inventore Aliquam

Ratione Aspernatur Minima Nisi. Ad Aliqua Beatae Modi. Consectetur Mollit Exercitation Lorem Enim.