Bradford Capital Buys Multiple Claims in Intelsat SA
September 17, 2021, Eastern District of Virginia – Brunswick Group LLC, an advisory firm, transfers multiple claims worth $800k against Debtor Intelsat SA 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 May 13, 2020, Intelsat S.A. and certain of its subsidiaries filed voluntary Chapter 11 petitions in the U.S. Bankruptcy Court for the Eastern District of Virginia, Richmond Division, to position the company for long-term success. The cases are pending before the Honorable Keith L. Phillips and are being jointly administered under Case No. 20-32299.