Prospect News reports three new defaults for Jan. 25-Jan. 31

By Sarah Lizee

Olympia, Wash., Feb. 2 – Prospect News reported three new defaults for Jan. 25 through Jan. 31.

Specifically, Prospect News reported Chapter 11 filings by Restoration Forest Products Group, LLC, Neuragenex Treatment Centers, LLC and Brazil’s GOL Linhas Aereas Inteligentes SA.

Prospect News also reported a missed interest payment from TA Corp. Ltd., but the company had defaulted previously with another missed interest payment.

So far in 2024, Prospect News has reported 15 total defaults, including nine Chapter 11 filings and one each of CCAA filings, Chapter 15 filings, Chapter 7 filings, liquidations, missed interest payments and missed principal payments.

The companies that filed Chapter 11 during the week reported at least $1.11 billion in assets and $1.15 billion in liabilities. The bulk of those figures came from GOL Linhas.

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