Claims Trading

Argo Partners Buys Claims Worth $3.4M in Forever, Inc.

December 20, 2021 admin

December 13, 2021, District of Delaware – Argo Partners, Inc., an investment firm specializing in purchasing potential future cash flows of distressed and bankrupt companies, purchases claim worth $3.4M (Claim Nos. 3241 and 1800 for $2,607,678.60 and $824,752.05) from Regentex Apparel Limited in the Forever, Inc. bankruptcy. Popular fashion retailer, Forever 21, Inc. and seven […]

TRC Master Fund Transfers its Claim in Sears Holding Corporation Bankruptcy

November 26, 2021 admin

November 24, 2021, Southern District of New York – TRC Master Fund LLC transfers its claims worth $1,326,374.38 to Husqvarna Consumer Outdoor Products N.A., Inc. in the Sears Holdings Corporation bankruptcy. (35)

PNC Bank Buys Multiple Claims

November 23, 2021 admin

November 17, 2021 District of Arizona – PNC Bank National Association buys claims worth $821,355.85 from BBVA USA in the bankruptcy case of Sathish Chari Dr and Bernadette. PNC Ban also buys claims worth $1,471,273.52 from Compass Bank in the bankruptcy case of Peter John Pons and Jeri Lynne Pons. Additionally, PNC Bank also purchases claims in the bankruptcy cases […]

Jupiter Aviation Sells Claims Worth $53 Million

November 21, 2021 admin

November 10, 2021, Southern District of New York – Jupiter Aviation Partners, LLC sells claims worth approximately $53 million (Claim No. 603) to Citigroup Financial Products Inc. in the bankruptcy case of Grupo Aeroméxico, S.A.B. de CV. Additionally, Jeffries Leveraged Credit Products also transferred its claim (Claim No. 752) worth $4,207,505.94 to SPCP Luxembourg Strategies in […]

Claims Over $1.4M Transferred in Citco Enterprises Inc.

November 17, 2021 admin

November 10, 2021, Western District of Texas – JAKKS Pacific, Inc., Underwraps Costumes Inc. and Rubies II sell their claims worth approximately over $1.4M (Claim No. 10 for $843,640.73, Claim No. 11 for $437,736.77 and Claim No. 12 for $126,763.85 respectively) in the bankruptcy case of Citco Enterprises Inc. to Centerfire, Inc. (20)

Claims Over $25M Transferred in Grupo Aeroméxico, S.A.B. de C.V.

October 26, 2021 admin

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October 22, 2021, Western District of Texas – Thracia, LLC recently bought multiple claims worth approximately over $25M in Grupo Aeroméxico, S.A.B. de C.V. bankruptcy case (214)

Deva Capital Buys Claim Worth $25M in Grupo Aeroméxico

October 7, 2021 admin

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September 28, 2021, Southern District of New York – Bank of America c/o Bank of America Merrill Lynch transfers its claims worth $25M (Claim No.13542 and 13602 for $10,705,424.00 and $14,502,042.00, respectively) to Deva Capital Investment Company, S.L.U. in the bankruptcy case of Grupo Aeromexico SAB de CV et al. (“Debtor”). Describing themselves as alternative […]

Bradford Capital Holdings Buys Multiple Claims in Toys “R” Us, Inc. Bankruptcy

September 20, 2021 admin

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September 14, 2021, Eastern District of Virginia – Whitebox Asymmetric Partners, LP, a hedge fund, transfers multiple claims worth approximately $1.5M against Debtor Toys “R” Us, Inc. to Bradford Capital Holdings, LP. Bradford Capital is an investment firm that provides liquidity to creditors of bankrupt companies by purchasing their bankruptcy claims. On September 18, 2017, Toys […]

$35M Claim Transferred in Avianca Holdings SA

September 18, 2021 admin

September 13, 2021, Southern District of New York – CRG Financial LLC recently bought a big claim in Avianca Holdings SA bankruptcy case. Cajas Automaticas Jarinson S.a.s.transferred its proof of claim worth $35,439,258.00 and scheduled claim worth $10,704.85 to CRG Financial, LLC Avianca Holdings S.A. is a pan-regional Latin American company that provides passenger and cargo […]

Hain Capital Investors Master Fund Buys Claim Worth $125k in Grupo Aeroméxico, S.A.B. de C.V. Bankruptcy

September 15, 2021 admin

September 9, 2021, Southern District of New York – Fly by Wings, S.A. de C.V. transfers its claims worth $125k to Hain Capital Investors Master Fund LTD in the bankruptcy case of Grupo Aeromexico SAB de CV et al. (“Debtor”). Now, with the filing of the forms of evidence of transfer of claims, the claims […]

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