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  • Fairfax struggles to raise funds for BlackBerry bid Friday, 1 Nov 2013 | 6:05 PM ET

    Fairfax Financial is struggling to raise financing several large lenders turned down its requests, Reuters reported Friday.

  • Do emotions get in the way of M&A deals? Friday, 1 Nov 2013 | 9:29 AM ET

    A 'lack of emotional buy-in' and culture clashes are to blame for deals that fail to live up to their promise, a new report finds.

  • Oct 31- Senior lenders to Energy Future Holdings are upset that the company plans to make a critical interest payment to junior bondholders on Friday, but they likely have no legal recourse to prevent it, according to experts and people close to the matter.

  • Oct 31- JPMorgan Chase and other Wall Street creditors have agreed to $300 million in new debt concessions aimed at ending the second largest U.S. municipal bankruptcy by year's end.

  • RIO DE JANEIRO/ SAO PAULO, Oct 31- Brazilian tycoon Eike Batista's oil company OGX Petróleo e Gas Participações SA agreed on Thursday to sell its 67 percent stake in its natural gas unit for 344 million reais, the day after it filed for bankruptcy protection.

  • *Suntech has until Nov. 6 to respond to the filing. Oct 31- Chinese solar panel maker Suntech Power Holdings Co Ltd said it intended to contest a bankruptcy petition filed against it in the United States by some bondholders.

  • SAO PAULO, Oct 31- Brazilian investment firm Cambuhy Investimentos Ltda and Germany's E.ON SE joined to buy control of OGX Petróleo e Gás Participações SA's gas unit for 250 million reais, helping the beleaguered oil company raise funds after seeking court protection from creditors.

  • RIO DE JANEIRO, Oct 30- OGX Petróleo e Gas Participações SA, the Brazilian oil company controlled by former billionaire Eike Batista, sought court protection from creditors on Wednesday in Latin America's largest-ever corporate bankruptcy filing.

  • Oct 30- Alabama's Jefferson County and Wall Street creditors have reached agreement on a revised plan to end the second-largest U.S. municipal bankruptcy, county officials said on Wednesday.

  • Oct 30- OGX Petróleo e Gas Participações SA, the Brazilian oil company controlled by former billionaire Eike Batista, sought court protection from creditors on Wednesday in Latin America's largest-ever corporate bankruptcy filing.

  • UPDATE 1-Brazil's OGX files for bankruptcy protection Wednesday, 30 Oct 2013 | 3:19 PM ET

    RIO DE JANEIRO, Oct 30- OGX Petróleo e Gas Participações SA, the Brazilian oil company controlled by former billionaire Eike Batista, sought court protection from creditors on Wednesday in Latin America's largest-ever corporate bankruptcy filing.

  • Brazil's OGX files for bankruptcy protection -source Wednesday, 30 Oct 2013 | 2:54 PM ET

    RIO DE JANEIRO, Oct 30- OGX Petróleo e Gas Participações SA, the Brazilian oil company controlled by former billionaire Eike Batista, sought court protection from creditors on Wednesday in Latin America's largest-ever corporate bankruptcy filing, a source with direct knowledge of the situation told Reuters.

  • NEW YORK, Oct 30- A federal judge has made it easier for the trustee seeking money for Bernard Madoff's victims to pursue more than $8 billion of claims against banks and other financial firms that received money from "feeder funds" that profited from the swindler's massive Ponzi scheme.

  • *Calpers, San Bernardino entering mediation with chaotic city elections looming.

  • DETROIT, Oct 29- Detroit Emergency Manager Kevyn Orr said Tuesday he could force a legally binding settlement on the city's creditors if they were unwilling to accept a proposed restructuring plan in bankruptcy court.

  • DETROIT, Oct 29- Detroit Emergency Manager Kevyn Orr said Tuesday he was "probably not" willing to accept an agreement to restructure the city's debt without including cuts to pension benefits before the city filed for bankruptcy in July.

  • *Creditors' committee formed by Pimco, BlackRock, others. RIO DE JANEIRO/ SAO PAULO, Oct 29- OGX Petróleo e Gas Participações SA, the cash-strapped Brazilian oil company controlled by former billionaire Eike Batista, said on Tuesday that debt restructuring talks with holders of $3.6 billion in bonds had ended with no agreement.

  • *Creditors' committee formed by Pimco, BlackRock, others. RIO DE JANEIRO/ SAO PAULO, Oct 29- Indebted Brazilian oil producer OGX Petróleo e Gas Participações SA said on Tuesday that talks with holders of $3.6 billion in bonds have ended without agreement, following months of negotiations over a potential debt restructuring.

  • *Lion, Bega, Murray Goulburn can block Saputo- analyst. SYDNEY, Oct 29- Kirin Holdings Co Ltd bought a 10 percent stake in Warrnambool Cheese and Butter Factory Company Holdings Ltd on Tuesday, in a move that could block a takeover of the Australian dairy company by Canada's Saputo Inc..

  • RIO DE JANEIRO/ SAO PAULO, Oct 28- OGX Petróleo e Gas Participações SA, the Brazilian oil company controlled by former billionaire Eike Batista, will file for bankruptcy protection as early as Tuesday, three sources with direct knowledge of the situation told Reuters on Monday.

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