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Eurazeo-backed 3S Photonics has filed for bankruptcy with the French commercial court following a loss of its main product line due to severe floods in Thailand. 
Global bankruptcy mergers and acquisitions volume has hit nine-year lows after tumbling 4 per cent in the year to date, according to a recent report. 
Oaktree-backed US radio station operator Townsquare Media has come back from bankruptcy protection and is due to float on the New York stock exchange. 
Holders of $2.2bn worth of notes of bankrupt utilities group Energy Future have sued one of its units, saying they should receive early redemption payments of more than $700m if their securities are refinanced. 
Private equity-backed utilities company Energy Future Holdings has secured approval for a $5.4bn bankruptcy loan. 
Global buyout house Apollo has pulled Classic Party Rentals out of bankruptcy protection by picking up “substantially all of the business”. 
Private equity-backed utility group Energy Future Holdings, which currently has debts of $40bn, has filed for Chapter 11 bankruptcy. 
Utilities group Energy Future Holdings is reportedly close to securing bankruptcy loans totalling $9.7bn from a consortium of banks led by Citigroup and Deutsche Bank. 
Private equity-backed consumer gadgets retailer Brookstone is reportedly preparing to file for bankruptcy. The company could file for bankruptcy as early as this Sunday and it is expected to be sold to another specialty retailer, said the Wall Street Journal, citing people familiar with the matter. Spencer Spirit Holdings has been in talks with Brookstone[...] 
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