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Prospect News reports five new defaults for Aug. 24-Aug. 30
By Sarah Lizee
Olympia, Wash., Sept. 1 – Prospect News reported five new defaults for Aug. 24 through Aug. 30.
Specifically, Prospect News reported Chapter 11 filings made by Benitago Inc., Trinity Regional Hospital Sachse (Sunland Medical Foundation), AmeriFirst Financial, Inc., AgileThought, Inc. and Pegasus Home Fashions, Inc.
So far in 2023, Prospect News has reported 177 defaults, including 119 Chapter 11 filings, 21 missed interest payments, 12 missed principal and interest payments, five CCAA filings, four Chapter 15 filings, three missed principal payments, two each of conciliations, Chapter 7 filings, missed interest payments paid within a grace period and recapitalizations, and one each of reorganizations, liquidations and judicial reorganizations.
The debtors that filed Chapter 11 during the week reported at least $350 million in assets and at least $400 million in debt collectively.
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