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Prospect News reports three new defaults for week of Aug. 2 to Aug. 8
By Caroline Salls
Pittsburgh, Aug. 10 – Prospect News reported three new defaults for the week of Aug. 2 through Aug. 8.
Specifically, Prospect News reported Chapter 11 bankruptcy filings made by RM Holdco LLC (Real Mex Restaurants), J&M Sales Inc. and Brookstone Co., Inc.
So far in 2018, Prospect News has reported 100 defaults, including 53 Chapter 11 bankruptcy filings, 16 missed interest payments, three each of missed principal and interest payments, bankruptcies, Chapter 7 bankruptcy filings and distressed exchanges, two each of missed principal payments, liquidations and schemes of arrangement and one each of administrations, Companies’ Creditors Arrangement Act filings, Chapter 15 bankruptcy filings, company voluntary arrangements, compulsory liquidations, debt-for-equity exchanges, insolvencies, involuntary Chapter 7 cases, missed interest payments paid late, missed payments, moratoriums, recapitalizations and restructurings.
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