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  • July 17- Bahamas Prime Minister Perry Christie plans to take control of an unfinished $3.5 billion mega resort, currently tied up in a corporate bankruptcy process, and push it through to completion to help bolster his country's fragile economy. Talks this week in Beijing between the project's main lender, China's export import bank, and the developer, Sarkis...

  • BAHA MAR WAS NOT WILLING TO END CURRENT CHAPTER 11 BANKRUPTCY PROCEEDINGS IN UNITED STATES, CHRISTIE SAYS.

  • July 16- The troubled $3.5 billion Baha Mar resort project in the Bahamas is preparing to wind down operations and cut more than 2,000 jobs if the developer fails to strike a deal quickly with its main lender, China's Export Import Bank, according to U.S. bankruptcy court filings. But after missing that deadline, a cash crunch forced Izmirlian's Baha Mar Ltd to file...

  • Tsipras in trouble within Syrzia: Control Risks Wednesday, 15 Jul 2015 | 9:20 PM ET
    Tsipras in trouble within Syrzia: Control Risks

    Michael Moran, Managing Director for Global Risk at Control Risks, describes the political trouble the Greek PM is currently in.

  • Travelling to Greece? Here's some advice Wednesday, 15 Jul 2015 | 9:09 PM ET
    Travelling to Greece? Here's some advice

    Mikio Kumada, Executive Director & Global Strategist at LGT Capital Partners, says tourists in Greece are able to access unlimited cash if they have a foreign credit card.

  • UPDATE 1-Coal miner Walter Energy files for bankruptcy Wednesday, 15 Jul 2015 | 12:44 PM ET

    July 15- Walter Energy Inc filed for bankruptcy protection on Wednesday, becoming the latest coal miner to do so as they struggle with a steep fall in prices since 2011.. Walter Energy, which has coal mines in Alabama and West Virginia, said terms of the restructuring assume senior lenders will convert all of their debt into equity. Walter Energy had total debt of...

  • Coal miner Walter Energy files for bankruptcy Wednesday, 15 Jul 2015 | 11:57 AM ET

    July 15- Coal miner Walter Energy Inc filed for bankruptcy protection on Wednesday after struggling with a steep fall in coal prices since 2011.. The Birmingham, Alabama- based company said its U.S. units have filed for a prepackaged Chapter 11 bankruptcy protection, but its other operations including those in Canada and the UK are not included in the filings.

  • Euro: Should you be bullish or bearish? Tuesday, 14 Jul 2015 | 6:20 PM ET
    Euro: Should you be bullish or bearish?

    Ed Ponsi, Managing Director at Barchetta Capital Management, believes the common currency will remain in the 1.05-1.13 range against the greenback.

  • Is 50 Cent really bankrupt? Tuesday, 14 Jul 2015 | 2:35 PM ET
    50 Cent performs at the 2015 Hot 97 Summer Jam at MetLife Stadium on June 7, 2015 in East Rutherford, New Jersey.

    Rapper 50 Cent filed for bankruptcy just as a jury was to decide punitive damages in a sex-tape lawsuit. Is that filing legit?

  • Despite 'agreekment,' Athens is still in trouble Monday, 13 Jul 2015 | 10:31 PM ET
    Despite 'agreekment,' Athens is still in trouble

    John Calverley, Head, Global Thematic Research at Standard Chartered, warns of looming trouble in Greek politics.

  • Can Tsipras sell bailout deal to Greek people? Monday, 13 Jul 2015 | 8:40 PM ET
    Can Tsipras sell bailout deal to Greek people?

    Lindsey Piegza, Chief Economist at Stifel Fixed Income, says getting the Greek population on board with Monday's bailout plan will require "extreme political maneuvering."

  • Trump golf club in Puerto Rico files for bankruptcy Monday, 13 Jul 2015 | 6:30 PM ET
    Trump international golf club puerto rico

    Owned by developer Empresas Diaz, the club uses the Trump name under a licensing agreement. Donald Trump does not own the club.

  • Lehman creditors' recovery may soon reach $7.8 billion Monday, 13 Jul 2015 | 12:52 PM ET

    NEW YORK, July 13- The trustee liquidating Lehman Brothers Holdings Inc's brokerage unit on Monday asked a federal bankruptcy judge for permission to distribute another $1.89 billion to unsecured creditors, boosting their total recovery to $7.78 billion. James Giddens, the trustee, said the creditors will have recouped 35 cents on the dollar, up from 27 cents...

  • BANKRUPTCY PROTECTION IN CONNECTICUT@ Connecticut@. Bankruptcy court for the district of Connecticut. *Lists assets of $10 million- $50 million and liabilities of $10 million- $50 million- court filing.

  • CURTIS JAMES JACKSON III- VOLUNTARY CHAPTER 11 FILING MADE IN THE U.S.

  • CNBC update: Rapper 50 Cent files for bankruptcy Monday, 13 Jul 2015 | 11:30 AM ET
    CNBC update: Rapper 50 Cent files for bankruptcy

    Wisconsin Governor Scott Walker announces that he is running for president; Walmart is launching a rival sale to Amazon's recently announced "Prime Day", and rapper 50 cent has filed for Chapter 11 bankruptcy, reports CNBC's Sue Herera.

  • BRUSSELS, July 13- Euro zone leaders clinched a deal with Greece on Monday to negotiate a third bailout to keep the near-bankrupt country in the euro zone after a whole night of haggling at an emergency summit. All ready to go for ESM program for Greece with serious reforms and financial support, " European Council President Donald Tusk announced on Twitter,...

  • BRUSSELS, July 13- Euro zone leaders argued through the night with near-bankrupt Greece about terms for a third bailout to keep the country in the euro zone but the emergency summit was still deadlocked at breakfast time on Monday. As the hours ticked away overnight, most of the leaders were forced to cool their heels, playing computer games or taking a nap in their...

  • NEW YORK, July 7- Jon Corzine and other former MF Global Holdings Ltd officials have reached a $64.5 million settlement of litigation brought by investors seeking to hold them liable for the now-defunct futures brokerage's 2011 bankruptcy. The class action accord would boost the investors' recovery to $204.4 million, including $74.9 million from...

  • July 7- The Chinese construction company building the bankrupt $3.5 billion Baha Mar resort in the Bahamas on Tuesday broke its silence and accused the developer of mismanaging the project's design and not securing adequate financing. Construction delays, funding squabbles, lagging inspections and faulty work at the Nassau resort have led to finger...