Prospect News reports three new defaults for Sept. 16-Sept. 22 period

By Sarah Lizee

Olympia, Wash., Sept. 24 – Prospect News reported three new defaults for the week of Sept. 16 through Sept. 22.

Specifically, Prospect News reported Chapter 11 filings made by Rockdale Marcellus Holdings, LLC, Tenrgys, LLC and Flexible Funding, LLC.

So far in 2021, Prospect News has reported 113 defaults, including 81 Chapter 11 filings, 10 missed interest payments, six Chapter 15 filings, three each of Chapter 7 filings and missed interest and principal payments, two missed principal payments, and one each of Companies’ Creditors Arrangement Act filings, Canada Business Corporations Act filings, safeguard proceedings and schemes of arrangement.

The three companies that filed Chapter 11 during the week reported at least $300 million in estimated assets and at least $329 million in estimated 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.