July 28, 2022, US Bankruptcy Court for Southern New York – Barclays Bank and Citigroup Financial Products, Inc. transfer claims in the face amount of millions in the bankruptcy case of LATAM Airlines Group. Marathon Distressed Creditor Master Fund, MBD 1 Ltd and Red Pines LLC are the prominent transferees.
Some of the claims transferred are as follows:
Transferor
Transferee
Claim No.
Claim Amount
Barclays Bank
Marathon Distressed Creditor Master Fund
2723
$1,872,291.97
Barclays Bank
Marathon Distressed Creditor Master Fund
3201
$7,176,936.00
Barclays Bank
Marathon Distressed Creditor Master Fund
4548
$5,107,248.28
Barclays Bank
Marathon Distressed Creditor Master Fund
2304
$7,827,352.18
Citigroup Financial Products, Inc.
MBD 1 Ltd
6272
$10,000,000.00
Citigroup Financial Products, Inc.
Red Pines LLC
6271
$2,252,170.00
Citigroup Financial Products, Inc.
Red Pines LLC
6228
$2,179,212.00
In re LATAM Airlines Group, S.A., Case No. 20-11254, US Bankruptcy Court for Southern New York
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Banks Dump Over $50M in LATAM BK Claims
By roland jones
rgj@rolandjones.com
Jones & Associates
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July 28, 2022, US Bankruptcy Court for Southern New York – Barclays Bank and Citigroup Financial Products, Inc. transfer claims in the face amount of millions in the bankruptcy case of LATAM Airlines Group. Marathon Distressed Creditor Master Fund, MBD 1 Ltd and Red Pines LLC are the prominent transferees.
Some of the claims transferred are as follows:
In re LATAM Airlines Group, S.A., Case No. 20-11254, US Bankruptcy Court for Southern New York
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