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Cypress Environmental Hits Ch. 11 With $60M Debt Swap

By Vince Sullivan ( May 9, 2022, 11:43 AM EDT) -- Energy sector environmental inspection company Cypress hit Chapter 11 in Texas bankruptcy court, saying in court filings it is looking to wrap up its prepackaged reorganization plan within 45 days while swapping the equity in the business to cancel about $60 million in secured debt....

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