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"In the first quarter of 2002, AeroCentury IV defaulted on certain bond obligations. In June 2002, the indenture trustee for AeroCentury IV’s bondholders repossessed AeroCentury IV’s assets and took over management of AeroCentury IV’s remaining assets."
AeroCentury IV was pretty profitable and run by Neal D. Crispin, see http://www.secinfo.com/dvhVy.39.htm Rating :
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