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February 05. 2013 12:53PM

USA Springs founder files for personal bankruptcy

Pelham resident Francesco Rotondo, the president of USA Springs, the water bottling company now offered for sale through the bankruptcy court, filed last month for Chapter 7 bankruptcy himself. Rotondo has been a lightning rod for controversy ever since he proposed to withdraw and bottle more than 300,000 gallons of water a day near on the border of Nottingham and Barrington. With the plant only partially finished, USA Springs declared Chapter 11 bankruptcy in an attempt to find financing.

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