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News 2026-09-23 19:23 UTC

Florida Railroad Brightline Plans Imminent Chapter 11 in New Jersey — WSJ

By Alicia McElhaney, Jodi Xu Klein and Alexander GladstoneFlorida's high-speed railroad Brightline is planning an imminent chapter 11 bankruptcy filing in New Jersey, according to people familiar with the matter.The Fortress Investment Group-backed company plans to cut its debt to roughly $2.7 bill…