Prospect News reports two new defaults for Oct. 26 to Nov. 1

By Sarah Lizee

Olympia, Wash., Nov. 3 – Prospect News reported two new defaults for Oct. 26 through Nov. 1.

Specifically, Prospect News reported a Chapter 11 filing made by Sunlight Financial Holdings Inc. and a missed interest payment by WeWork Inc. entities WeWork Cos. LLC and WW Co-Obligor Inc.

So far in 2023, Prospect News has reported 224 defaults, including 148 Chapter 11 filings; 31 missed interest payments; 15 missed principal and interest payments; eight Chapter 15 filings; six CCAA filings; three missed principal payments; two each of liquidations, conciliations, Chapter 7 filings and recapitalizations; and one each of missed interest payments paid within a grace period, bankruptcies, reorganizations, judicial reorganizations and schemes of arrangement.

Sunlight Financial reported at least $100 million in assets and at least $500 million in liabilities.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.