Prospect News reports two new defaults for April 8-April 14 period

By Sarah Lizee

Olympia, Wash., April 16 – Prospect News reported two new defaults for the week of April 8 through April 14.

Specifically, Prospect News reported Chapter 11 filings made by Great Value Storage (GVS Portfolio I B, LLC) and Automotores Gildemeister SA.

So far in 2021, Prospect News has reported 57 defaults, including 43 Chapter 11 filings, four Chapter 15 filings and missed interest payments and one each of Companies’ Creditors Arrangement Act filings, Canada Business Corporations Act filings, Chapter 7 filings, missed interest and principal payments, missed principal payments and safeguard proceedings.

The two companies that filed Chapter 11 in the week posted over $600 million in assets and over $550 million in 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.