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Prospect News reports nine new defaults for week of Jan. 23-Jan. 29
By Caroline Salls
Pittsburgh, Jan. 31 – Prospect News reported nine new defaults for the week of Jan. 23 through Jan. 29.
Specifically, Prospect News reported Chapter 11 bankruptcy filings made by Fairway Market LLC, SFP Franchise Corp., DBMP LLC, BL Restaurants Holding, LLC, American Blue Ribbon Holding, LLC, Lucky’s Market Parent Co., LLC and Southland Royalty Co. LLC, a Chapter 7 bankruptcy filing made by Helios and Matheson Analytics Inc. and a missed principal payment on Reward International Investment Ltd. (Reward (HK) International Co., Ltd./Reward Science and Technology Industry Group Co., Ltd.)’s 7¼% senior notes due 2020.
So far in 2020, Prospect News has reported 20 defaults, including 15 Chapter 11 bankruptcy filings, two each of missed interest payments and missed principal payment and one Chapter 7 bankruptcy filing.
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