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Prospect News reports three new defaults for Feb. 15-Feb. 21
By Sarah Lizee
Olympia, Wash., Feb. 23 – Prospect News reported three new defaults for Feb. 15 through Feb. 21.
Specifically, Prospect News reported Chapter 11 filings by Hornblower Cruises and Events, Inc. and Robertshaw US Holding Corp., and a Chapter 15 filing by Casino, Guichard-Perrachon SA (Groupe Casino).
So far in 2024, Prospect News has reported 27 total defaults, including 17 Chapter 11 filings, two each of Chapter 15 filings, liquidations and missed principal payments, and one each of CCAA filings, Chapter 7 filings, liquidations and missed interest payments.
The companies that filed Chapter 11 during the week reported at least $1 billion in assets and $1 billion in liabilities.
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