Bankruptcy News | Reuters

ROME/MILAN, Dec 6 Italian builder Astaldiis talking to Fortress and other alternative lenders tosecure 70 million euros ($80 million) of immediate bridgefunding in a race to stay afloat, three sources said onThursday.

Dec 6 Sears Holdings Corp ChairmanEddie Lampert's ESL Partners LP has submitted a $4.6 billion bidto buy the bankrupt retailer, the hedge fund said on Thursday.

DUBAI, Dec 6 Saad Group and bank creditors ofthe Saudi Arabian conglomerate have both selected advisers in abid to try to reach a deal that could help end the kingdom'slargest and longest-running debt dispute, financial sources saidon Thursday.

BRUSSELS, Dec 6 European Union lawmakers backednew rules on Thursday that would soften requirements on themoney that banks must set aside to cover potential losses fromnew debt that turns sour.

BRUSSELS, Dec 6 European Union lawmakers onThursday backed new rules that would soften requirements on themoney that lenders must set aside to cover potential losses fromnew debt that turns sour.

Dec 5 USA Gymnastics, the sport's governing body, filed for bankruptcy on Wednesday, saying that it is staggering under the weight of lawsuits filed by hundreds of women who were sexually abused by former national team doctor Larry Nassar.

Dec 05 2018

Dec 5 Puerto Rico dispersed millions of dollarsin holiday bonuses to government workers on Wednesday despite awarning from its federally appointed oversight board that doingso could harm the bankrupt U.S. commonwealth's ability to makepayroll later in the current fiscal year.

Dec 5 USA Gymnastics, the sport's governing body, filed for bankruptcy on Wednesday, the latest blow for an organization that has struggled to recover from scandal after former national team doctor Larry Nassar sexually abused hundreds of gymnasts.

Dec 05 2018

Dec 4 Kids' clothing retailer Gymboree Group Incsaid on Wednesday it initiated a strategic review of its brandsGymboree, Janie and Jack, and Crazy 8, which could result in thesale of some brands and closure of some stores.

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Bankruptcy News | Reuters

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