Prospect News reports three new defaults for Dec. 1-Dec. 7

By Sarah Lizee

Olympia, Wash., Dec. 9 – Prospect News reported three new defaults for the period of Dec. 1 through Dec. 7.

Specifically, Prospect News reported Chapter 11 filings made by Tru Grit Fitness LLC, Bertucci's Restaurants, LLC and Montana Tunnels Mining, Inc.

So far in 2022, Prospect News has reported 150 defaults, including 74 Chapter 11 filings, 34 missed interest payments, 13 missed principal and interest payments, 10 Chapter 15 filings, eight missed principal payments, two liquidations, and one each of Chapter 7 filings, recapitalizations, reorganizations, missed interest payments paid within a grace period, administrations, restructurings, missed payments and bankruptcy filings.

The companies that filed Chapter 11 during the week reported at least $30 million in assets and at least $150 million in liabilities collectively.

© 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.