Harbinger cannot 'leapfrog' LightSquared creditors -U.S. judge

By Nick Brown NEW YORK Thu Oct 30, 2014 7:38pm EDT NEW YORK Oct 30 (Reuters) - Hedge fund manager Phil Falcone's efforts to hold onto a piece of his LightSquared wireless venture took a hit on Thursday when a bankruptcy...

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UPDATE 3-Stockton, California, workers relieved as judge ruling secures pensions

Thu Oct 30, 2014 8:00pm EDT (Adds comments from judge, background, costs) By Robin Respaut SACRAMENTO Oct 30 (Reuters) - Stockton, California, employees breathed a sigh of relief on Thursday as a judge ruled the...

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Bail-in of senior European bank debt not fully priced in

By Alice Gledhill Fri Oct 31, 2014 4:27am EDT LONDON, Oct 31 (IFR) - The European senior bank debt market is yet to fully factor in the risk of bail-in despite an approaching deadline that will see some countries introduce...

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Dow Jones asks court to deny GT Advanced, Apple's secrecy motion

Wed Oct 29, 2014 7:38am EDT Oct 29 (Reuters) - Dow Jones & Co Inc, publisher of the Wall Street Journal, has asked a court to deny a request by Apple Inc and GT Advanced Technology Inc to keep under seal some documents relating to GT Advanced's...

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UPDATE 1-Dow Jones asks court to deny GT Advanced, Apple's secrecy motion

Wed Oct 29, 2014 8:15am EDT (Adds details from filing, background) Oct 29 (Reuters) - Dow Jones & Co Inc, publisher of the Wall Street Journal, has asked a court to deny a request by Apple Inc and GT Advanced Technology...

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BRIEF-Vaahto Group Vapate Oy unit files for bankruptcy

Wed Oct 29, 2014 10:05am EDT * Says Vapate Oy has sold all its unprofitable business related to pulp, paper and board industry solutions during years 2013 and 2014* Board of directors of vapate oy has stated that liabilities of company are greater...

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BRIEF-The Fantastic Company unit Sicara files for insolvency

Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information...

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U.S. appeals court rules for GM in Spyker's Saab sale lawsuit

By Jonathan Stempel Fri Oct 24, 2014 1:52pm EDT Oct 24 (Reuters) - General Motors Co persuaded a federal appeals court to uphold the dismissal of a $3 billion lawsuit in which Spyker NV accused it of derailing a plan...

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UPDATE 1-U.S. appeals court rules for GM over Spyker's Saab sale

Fri Oct 24, 2014 4:12pm EDT (Adds GM statement, closing share price) By Jonathan Stempel Oct 24 (Reuters) - General Motors Co persuaded a federal appeals court to uphold the dismissal of a $3 billion lawsuit in...

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BRIEF-The Fantastic Company unit Sicara files for insolvency

Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information...

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U.S. appeals court rules for GM in Spyker's Saab sale lawsuit

By Jonathan Stempel Fri Oct 24, 2014 1:52pm EDT Oct 24 (Reuters) - General Motors Co persuaded a federal appeals court to uphold the dismissal of a $3 billion lawsuit in which Spyker NV accused it of derailing a plan...

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UPDATE 1-U.S. appeals court rules for GM over Spyker's Saab sale

Fri Oct 24, 2014 4:12pm EDT (Adds GM statement, closing share price) By Jonathan Stempel Oct 24 (Reuters) - General Motors Co persuaded a federal appeals court to uphold the dismissal of a $3 billion lawsuit in...

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BRIEF-The Fantastic Company unit Sicara files for insolvency

Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information...

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U.S. appeals court rules for GM in Spyker's Saab sale lawsuit

By Jonathan Stempel Fri Oct 24, 2014 1:52pm EDT Oct 24 (Reuters) - General Motors Co persuaded a federal appeals court to uphold the dismissal of a $3 billion lawsuit in which Spyker NV accused it of derailing a plan...

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UPDATE 1-U.S. appeals court rules for GM over Spyker's Saab sale

Fri Oct 24, 2014 4:12pm EDT (Adds GM statement, closing share price) By Jonathan Stempel Oct 24 (Reuters) - General Motors Co persuaded a federal appeals court to uphold the dismissal of a $3 billion lawsuit in...

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UPDATE 2-Apple ponders sapphire options, leaves door open for GT

Thu Oct 23, 2014 2:02pm EDT (Recasts with Apple's statement) Oct 23 (Reuters) - Apple Inc said on Thursday it is studying options for sapphire supply and might work again with GT Advanced Technologies Inc if the distressed...

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GT Advanced shareholders see value in stock despite bankruptcy

By Nick Brown Thu Oct 23, 2014 4:27pm EDT Oct 23 (Reuters) - Shareholders of GT Advanced Technologies are lobbying regulators to form a committee to vouch for their interests in the sapphire maker's bankruptcy, believing...

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BRIEF-The Fantastic Company unit Sicara files for insolvency

Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information...

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U.S. SEC slams tycoon Wyly's bankruptcy budget as 'staggering'

By Joseph Ax and Nate Raymond Wed Oct 22, 2014 6:43pm EDT Oct 22 (Reuters) - Texas tycoon Sam Wyly, who filed for bankruptcy this week, is trying to exhaust his fortune through exorbitant spending to impede the U.S....

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Detroit can survive after bankruptcy but large risks loom -expert

By Karen Pierog DETROIT Wed Oct 22, 2014 1:45pm EDT DETROIT Oct 22 (Reuters) - Detroit's relatively fast move through municipal bankruptcy has resulted in costly creditor settlements and too little emphasis on fixing...

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Brazil OKs bankruptcy protection petition for Batista unit MMX Sudeste

BRASILIA Wed Oct 22, 2014 7:47pm EDT BRASILIA Oct 22 (Reuters) - A Brazilian court has approved a bankruptcy protection petition filed by MMX Sudeste Mineracao SA, an iron-ore mining company controlled by Brazilian tycoon Eike Batista, the company...

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Apple, GT strike deal to unseal info, shutter Arizona plant

Tue Oct 21, 2014 5:09pm EDT Oct 21 (Reuters) - Apple Inc and GT Advanced Technologies Inc have struck an agreement to shutter a key Arizona factory and allow the Apple supplier to explain the circumstances leading up to its abrupt bankruptcy filing,...

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UPDATE 2-Apple, supplier GT strike deal to unseal info, shutter Arizona plant

Tue Oct 21, 2014 5:49pm EDT (Adds details of the agreement) By Nick Brown and Noel Randewich Oct 21 (Reuters) - Apple and GT Advanced Technologies Inc struck an agreement on Tuesday that will let GT begin the shutdown...

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BRIEF-Permanent TSB Group says to sell Springboard's mortgage loan book

Wed Oct 22, 2014 5:04am EDT * Mortgage loan book comprises gross assets of approximately eur 468 million, eur 350 million of which are non-performing* Springboard has agreed to sell its mortgage loan book to Mars Capital Ireland No.2 Ltd* Impact on...

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UPDATE 1-Brazil's GVO bonds sink on restructuring fears

Mon Oct 20, 2014 4:31pm EDT (Adds Fitch downgrades GVO two notches to CC) By Davide Scigliuzzo NEW YORK, Oct 20 (IFR) - Grupo Virgolino de Oliveira (GVO) bonds slid deeper into distressed territory Monday as the...

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UPDATE 2-Texas investor Sam Wyly files for bankruptcy after losing SEC fraud case

Mon Oct 20, 2014 5:56pm EDT (Adds details on dispute over offshore assets, bankruptcy hearing on Wednesday, comment from expert, background on case) By Nate Raymond and Joseph Ax NEW YORK Oct 20 (Reuters) - Texas...

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CORRECTED-U.N. officials tour Detroit to assess impact of water shutoffs

Mon Oct 20, 2014 6:16pm EDT (Corrects first paragraph to make clear tour started on Saturday and finished on Monday instead of began on Monday) By Serena Maria Daniels DETROIT Oct 20 (Reuters) - Two United Nations...

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UPDATE 2-Trump Atlantic City casino gets court OK to break labor deal

Fri Oct 17, 2014 5:08pm EDT (Adds union saying it will picket the Taj Mahal, paragraphs 1 and 5) By Tom Hals Oct 17 (Reuters) - The bankrupt Trump Taj Mahal casino received court approval on Friday to break its...

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Delaware high court says GM loan documents valid despite error

Fri Oct 17, 2014 9:10pm EDT Oct 17 (Reuters) - The Delaware Supreme Court said on Friday that creditors are entitled to rely on formal loan documents authorized by secured lenders, even if there is a mistake in the documents....

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Saudi contractor MMG says board approves recovery plan

KHOBAR, Saudi Arabia Sun Oct 19, 2014 9:35am EDT KHOBAR, Saudi Arabia Oct 19 (Reuters) - Saudi contractor Mohammad Al-Mojil Group's (MMG) board had approved a recovery plan that use most of its existing capital base to...

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UPDATE 2-Trump Atlantic City casino gets court OK to break labor deal

Fri Oct 17, 2014 5:08pm EDT (Adds union saying it will picket the Taj Mahal, paragraphs 1 and 5) By Tom Hals Oct 17 (Reuters) - The bankrupt Trump Taj Mahal casino received court approval on Friday to break its...

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Detroit bankruptcy case winds down, leaving loose ends to tie up

By Lisa Lambert DETROIT Fri Oct 17, 2014 3:54pm EDT DETROIT Oct 17 (Reuters) - Closing arguments in the hearing on Detroit's landmark bankruptcy are just days away, leaving odds and ends for the city, its creditors...

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Delaware high court says GM loan documents valid despite error

Fri Oct 17, 2014 9:10pm EDT Oct 17 (Reuters) - The Delaware Supreme Court said on Friday that creditors are entitled to rely on formal loan documents authorized by secured lenders, even if there is a mistake in the documents....

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Detroit bankruptcy case winds down, leaving loose ends to tie up

By Lisa Lambert DETROIT Fri Oct 17, 2014 3:54pm EDT DETROIT Oct 17 (Reuters) - Closing arguments in the hearing on Detroit's landmark bankruptcy are just days away, leaving odds and ends for the city, its creditors...

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UPDATE 2-Trump Atlantic City casino gets court OK to break labor deal

Fri Oct 17, 2014 5:08pm EDT (Adds union saying it will picket the Taj Mahal, paragraphs 1 and 5) By Tom Hals Oct 17 (Reuters) - The bankrupt Trump Taj Mahal casino received court approval on Friday to break its...

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