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UPDATE 1-Brazil prosecutor seeks to freeze $641 mln in Batista’s assets

Sat Sep 13, 2014 3:11pm EDT

(Recast lead and adds context about Batista’s fortune)
BRASILIA, Sept 13 (Reuters) – Brazil federal prosecutors
have filed criminal charges against Eike Batista, accusing the
fallen tycoon of market manipulation and seeking to freeze up to
$1.5 billion reais ($641 million) worth of

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Brazil’s Óleo e Gas, OSX renegotiate FPSO contract

SAO PAULO, Sept 12
Fri Sep 12, 2014 9:12am EDT

SAO PAULO, Sept 12 (Reuters) – Óleo e Gas Participações SA,
the Brazilian oil producer that is under bankruptcy protection,
and former sister company OSX Brasil SA completed on Friday a
plan to renegotiate contractual terms related to the

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BRIEF-Centrosolar Group says insolvency plan withdrawn

Sept 12
Fri Sep 12, 2014 11:46am EDT

Sept 12 (Reuters) – Centrosolar Group AG :
* Says insolvency plan withdrawn
* Says expects non-subordinated creditors will get a cash
payment from the
liquidation of all assets and no shares
* Says shares of Centrosolar Group will be withdrawn

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RadioShack mulls $585 mln financing package from UBS, Standard General – WSJ

Sept 12
Fri Sep 12, 2014 5:57pm EDT

Sept 12 (Reuters) – RadioShack Corp is evaluating a
$585 million financing package led by UBS AG and hedge
fund Standard General LP as the U.S. electronics retailer tries
to avert bankruptcy, the Wall Street Journal reported, citing
people familiar with

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Bosses at successor to Portugal’s BES bank set to leave-report

LISBON, Sept 13
Sat Sep 13, 2014 5:25am EDT

LISBON, Sept 13 (Reuters) – The executives charged with
rebuilding Portugal’s Novo Banco – the successor to Banco
Espirito Santo after a state rescue last month – are likely to
leave the bank soon following a clash over strategy with

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UPDATE 2-RadioShack says may file for bankruptcy

Thu Sep 11, 2014 9:35am EDT

(Adds details, background, updates shares)
By Tanya Agrawal and Ramkumar IyerSept 11 (Reuters) – Troubled electronics retailer RadioShack
Corp said it may need to file for bankruptcy protection
if its cash situation worsens, after reporting its tenth
straight quarterly loss.The company said it

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More mediation ordered over potential Detroit bankruptcy deal

DETROIT, Sept 11
Thu Sep 11, 2014 12:13pm EDT

DETROIT, Sept 11 (Reuters) – Detroit, Syncora Guarantee Inc
and other parties will remain in mediation indefinitely over a
possible settlement in U.S. Bankruptcy Court, a federal judge
ordered on Thursday.
U.S. District Judge Gerald Rosen, the chief mediator in

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UPDATE 1-More mediation ordered over potential Detroit bankruptcy deal

Thu Sep 11, 2014 12:57pm EDT

(Adds FGIC on mediation list, background on case)
DETROIT, Sept 11 (Reuters) – A federal judge on Thursday
ordered ongoing mediation in Detroit’s historic bankruptcy over
a potential settlement between the city and one of its fiercest
creditors, while adding holdout creditor Financial

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Asian bond sales smash 2013 record

By Lianting Tu

Thu Sep 11, 2014 10:32pm EDT

SINGAPORE, Sept 12 (IFR) – With more than a quarter of 2014
remaining, Asian issuers have already sold more bonds in
dollars, euros and yen this year than ever before, taking
advantage of easy monetary policies to lock in financing

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PRESS DIGEST- New York Times business news – Sept 12

Sept 12
Fri Sep 12, 2014 1:01am EDT

Sept 12 (Reuters) – The following are the top stories on the
New York Times business pages. Reuters has not verified these
stories and does not vouch for their accuracy.
* The U.S. government was so determined to collect the
Internet

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Student Loans, Moral Hazard and a Law School Mess

Steven J. Harper, The Am Law Daily

September 11, 2014

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Squire Patton Boggs Website Fails to Keep Up With Merger

Julie Triedman, The Am Law Daily

September 11, 2014

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Three-and-a-half months after Cleveland-based Squire Sanders and Washington, D.C.-based

Choate Hall, Foley Hoag Take Top Spot in Summer Associate Survey

MP McQueen, The Am Law Daily

September 12, 2014

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Summer associates are generally a happy bunch. But some

Pay Gap Increases Between Equity and Nonequity Partners

Ross Todd, The Am Law Daily

September 12, 2014

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Meanwhile, a 47 percent gap between female and male

UPDATE 1-Brazil prosecutor seeks to freeze $641 mln in Batista’s assets

Sat Sep 13, 2014 3:11pm EDT

(Recast lead and adds context about Batista’s fortune)
BRASILIA, Sept 13 (Reuters) – Brazil federal prosecutors
have filed criminal charges against Eike Batista, accusing the
fallen tycoon of market manipulation and seeking to freeze up to
$1.5 billion reais ($641 million) worth of