Bradford Capital Holdings Buys Claims in Toys “R” Us, Inc.
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 “R” Us, Inc. and 24 affiliated debtors filed a voluntary petition for relief under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Eastern District of Virginia (Richmond Division). The cases are pending before the Honorable Keith L. Phillips and are jointly administered under Case No. 17-34665.