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Prospect News reports two new defaults for week of Feb. 2 to Feb. 8
By Caroline Salls
Pittsburgh, Feb. 10 – Prospect News reported two new defaults for the week of Feb. 2 through Feb. 8.
Specifically, Prospect News reported Chapter 11 bankruptcy filings made by United Road Towing, Inc. and Eastern Outfitters, LLC.
In addition, Prospect News reported a Chapter 11 bankruptcy filing made by Ultrapetrol (Bahamas) Ltd. However, Ultrapetrol previously defaulted in connection with a Dec. 15, 2015 missed interest payment.
So far in 2017, Prospect News has reported 20 defaults, including 15 Chapter 11 bankruptcy filings, two each of distressed exchanges and missed interest payments and one missed principal payment.
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