Permian Resources Announces Consensual And Transformational Restructuring Transaction – Markets Insider

OKLAHOMA CITY, May 1, 2017 /PRNewswire/ — Permian Resources, LLC (together with its subsidiaries, “Permian Resources” or the “Company”), today announced that it has entered into a series of definitive agreements with funds managed by affiliates of The Energy & Minerals Group (“EMG”), OnyxPoint Global Management LP (“OnyxPoint”), Sable Management, LLC (“Sable”) and other investors…

Dijsselbloem in Parliament: debt relief now on the cards for Greece – European Parliament (press release)

Debt relief for Greece will be looked into at the next Eurogroup meeting on 22 May, according to Jeroen Dijsselbloem. The president of the informal body of the eurozone’s finance ministers made the announcement during a plenary debate in Parliament on 27 April. He also apologised to MEPs about recent remarks that proved controversial. Greece…

ESP Resources Bankruptcy Liquidation Approved – Bankrupt Company News (press release) (blog)

AdvertisementThe U.S. Bankruptcy Court issued an order converting ESP Resources Chapter 11 reorganization cases to liquidation under Chapter 7. The order states, The captioned cases are converted to cases under Chapter 7 of Title 11 of the United States Code. The U.S. Trustee is directed to immediately appoint a chapter 7 trustee for each case.…

Board chairman of insolvent Diamantbank claims banks has investor – Interfax

2017-05-03T11:55+02:00 11:55 03.05.2017 The transition bank created on the basis of Diamantbank declared insolvent earlier will have enough attractive assets, and the bank has a potential investor, Diamantbank Board Chairman Oleh Khodachuk has said. “In four days after the introduction of interim administration the bank’s employees carried out titanic work resulted in submitting an application…