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Prospect News reports one new default for week of Feb. 9 to Feb. 15
By Caroline Salls
Pittsburgh, Feb. 17 – Prospect News reported one new default for the week of Feb. 9 through Feb. 15.
Specifically, Prospect News reported a Chapter 11 bankruptcy filing made by Michigan Sporting Goods Distributors, Inc., which does business as MC Sports.
So far in 2017, Prospect News has reported 21 defaults, including 16 Chapter 11 bankruptcy filings, two each of distressed exchanges and missed interest payments and one missed principal payment.
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