Prospect News reports three new defaults for Dec. 3 to Dec. 9

By Mark Reccek

Bethlehem, Pa., Dec. 11 – Prospect News reported three new defaults for the period of Dec. 3 through Dec. 9.

Specifically, Prospect News reported Chapter 11 bankruptcy filings made by Energy & Exploration Partners, Inc., Fuhu, Inc. and Vantage Drilling Co. wholly owned subsidiary Offshore Group Investment Ltd.

Prospect News has reported 171 defaults so far in 2015, including 81 Chapter 11 bankruptcy filings, 29 missed interest payments, 10 Companies’ Creditors Arrangement Act filings, nine distressed exchanges, seven Chapter 15 bankruptcy filings, four bankruptcy filings, four missed principal payments, three each of Chapter 7 bankruptcy filings, missed principal and interest payments and administration, two each of reorganizations, insolvencies, liquidations and defaults and one each of Chapter 9 bankruptcy filings, involuntary Chapter 11 filings, arrangements of debt, judicial recovery requests, missed payments, missed interest payments paid within the grace period, schemes of arrangement, Schutzschirmverfahren in Eigenverwaltung, receiver appointments and moratoriums.

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