Rhode Island Detention Facility Operator Files for Bankruptcy
Central Falls Detention Facility, which houses federal detainees including those arrested by US Immigration and Customs Enforcement, has filed for bankruptcy, saying it cannot afford to keep paying on more than $167 million in bond debt, The company, set up by the state of Rhode Island, owns and operates the Donald W. Wyatt Detention Facility in Central Falls, which houses as many as 782 inmates under federal contracts. The goal of the Chapter 11 case is to cut more than $100 million in bond debt, restructuring advisor Daniel S. Polsky said in court papers, the report said.
Central Falls Detention Facility, which houses federal detainees including those arrested by US Immigration and Customs Enforcement, has filed for bankruptcy, saying it cannot afford to keep paying on more than $167 million in bond debt, The company, set up by the state of Rhode Island, owns and operates the Donald W.
Wyatt Detention Facility in Central Falls, which houses as many as 782 inmates under federal contracts.
The goal of the Chapter 11 case is to cut more than $100 million in bond debt, restructuring advisor Daniel S.
Polsky said in court papers, the report said.