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Home Claims Trading Citigroup Financial Products Continue to Transfer Claims in LATAM Airlines Group SA

Citigroup Financial Products Continue to Transfer Claims in LATAM Airlines Group SA

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January 7, 2022, Southern District of New York – Thracia, LLC and Thid Point Loan, LLC file transfer agreements 3001(e)1 with the United States Bankruptcy Court for Southern District of New York, recording the transfer of the claims of Citigroup Financial Products against LATAM Airlines Group SA. Specifically, the investment advisory firms acquire the following claims against the airline group.

Claim No. Claim Amount Transferee
4639 $2,397,658.32 Thracia, LLC 
4639 $1,842,088.83 Thracia, LLC 
4686 $4,678,110.76 Thracia, LLC 
4405 $4,504,735.75 Thracia, LLC 
4405 $9,009,471.50 Thid Point, LLC
4686 $4,455,343.58 Thid Point, LLC
4639 $3,684,177.65 Thid Point, LLC
4387 $4,795,316.64 Thid Point, LLC

On May 26, 2020, LATAM Airlines Group SA and 28 affiliated debtors filed a voluntary petition for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Southern District of New York. The cases are pending before the Honorable Judge James L. Garrity Jr. and are jointly administered under Case No. 20-11254.

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Jones & Associates