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Bankruptcy

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Ex-Hess executive to lead restart of idled Caribbean refinery

HOUSTON, Sept 21 The owners of an idled oil refinery in the U.S. Virgin Islands that once ranked among the world's largest have hired a former Hess Corp executive closely acquainted with the facility to oversee its return to service.

Amorim, Vangard bid for Portugal's fashionable Comporta estate

LISBON, Sept 21 One of Portugal's wealthiest people, Paula Amorim, and Vangard Properties have presented a joint bid for part of the oceanside Comporta estate, the country's largest privately-owned property.

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.

Industrials Sep 19 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).

Bonds, Markets, Financials Sep 18 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.

Stock Quote, Bonds, Markets, Sep 17 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.

Financials, Bonds, Markets, Sep 17 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.

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.

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

Earnings, Financials, Bonds, Markets, Sep 14 2018

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