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Hot on Heels of Torch Default, GE Capital Seizes Tour Boats in Hawaii
Just weeks after calling a default and arresting ships of bankrupt borrower Torch Offshore, GE Capital has arrested two tour boats owned by Honolulu-based Dream Cruises, which subsequently filed for bankruptcy.
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Written by: carisk | Categories: Bank Debt, Freshly Minted | March 24th, 2005 |
Tags: · Aquamarine Inc., Dream Cruises, GE, GE Capital, Mike Watson, Torch Offshore
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