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Fletcher International Files for Chapter 11 in Manhattan

Tuesday, 03 July 2012 10:00
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Fletcher International, Ltd., filed a bare-bones Chapter 11 petition (Bankr. S.D.N.Y. Case No. 12-12796) on June 29, 2012, in Manhattan.
The Bermuda exempted company estimated assets and debts of
$10 million to $50 million.
The bankruptcy documents were signed by its president and director, Floyd Saunders.  The Debtor is 17% owned by Fletcher International Inc., and 83% owned by Fletcher Income Arbitrage Fund, a Cayman Islands corporation.
David R. Hurst, Esq., at Young Conaway Stargatt & Taylor, LLP, in New York, serves as counsel.
Fletcher International, Ltd., filed a bare-bones Chapter 11 petition (Bankr. S.D.N.Y. Case No. 12-12796) on June 29, 2012, in Manhattan.

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