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Finance & Markets

Florida’s Private Railroad, Brightline, Files for Bankruptcy

Florida’s Brightline has filed for bankruptcy protection after years of lower-than-expected revenue left it unable to repay billions it borrowed to finance the Miami-to-Orlando private railroad. Brightline Holdings LLC and certain other parent entities filed for Chapter 11 on Thursday …

Florida’s Private Railroad, Brightline, Files for Bankruptcy

We haven't written up this one. Insurance Journal has the full story — the link below goes straight to it.

Also reported by 2 other outlets

Read the original at insurancejournal.com →

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