April 27, 2022, Southern District of New York – Pilar II Leasing Limited, Picaflor Leasing Limited and LS-Aviation transfer rights, titles and interests in their claims in the bankruptcy case of LATAM Airlines Group S.A. As per the notices filed under Rule 3001(e)(1) of the Federal Rules of Bankruptcy Procedure in the United States Bankruptcy Court for the Southern District for New York, Pilar II Leasing Limited transferred its six claims in the aggregate face amount of $284 million to Atlas Gates S.A.R.L.; Picaflor Leasing Limited transferred its three claims of aggregate face value $168 million to Amber Gate S.A.R.L.; and other claims with aggregate face value of $136 million were transferred to Ivy Gate S.A.R.L. in the following manner:
TRANSFEROR
TRANSFEREE
CLAIM NO.
CLAIM AMOUNT
LS-AVIATION NO. 20 CO., LTD.
IVY GATE S.A R.L.
4422
$17,000,000.02
LS-AVIATION NO. 24 CO., LTD
IVY GATE S.A R.L.
4140
$17,000,000.01
LS-AVIATION NO. 22 CO., LTD.
IVY GATE S.A R.L.
4404
$17,000,000.00
LS-AVIATION NO. 21 CO., LTD.
IVY GATE S.A R.L.
4398
$17,000,000.00
LS-AVIATION NO. 17 CO., LTD.
IVY GATE S.A R.L.
3887
$17,000,000.00
LS-AVIATION NO. 19 CO., LTD.
IVY GATE S.A R.L.
4608
$17,000,000.00
LS-AVIATION NO. 23 CO., LTD.
IVY GATE S.A R.L.
4567
$17,000,000.00
LS-AVIATION NO. 18 CO., LTD.
IVY GATE S.A R.L.
4470
$17,000,000.00
In re LATAM Airlines Group S.A., Case No. 20-11254
Claims in Face Amount of $588 Million Transferred in LATAM Airlines Group S.A.
By roland jones
rgj@rolandjones.com
Jones & Associates
Claims in Face Amount of $588 Million Transferred in LATAM Airlines Group S.A.
Bradford Capital Buys Revlon Claims
NovaWulf Picks Up $1.1M in Celsius Network Claims
Phoenix II Buys Unliquidated Claims in MD Helicopters
OPeak, LLC Buys LATAM Claim from Citigroup
TRC Master Fund and Argo Partners Buy Claims in Fox Ortega Bankruptcy
Claims in the Face Value of More than a Million Transferred in MCC Bankruptcy
Invictus Global Buys Claims of Over $1.1M in Face Value
Citigroup Trades Claims of More Than $50M Face Value in LATAM
April 27, 2022, Southern District of New York – Pilar II Leasing Limited, Picaflor Leasing Limited and LS-Aviation transfer rights, titles and interests in their claims in the bankruptcy case of LATAM Airlines Group S.A. As per the notices filed under Rule 3001(e)(1) of the Federal Rules of Bankruptcy Procedure in the United States Bankruptcy Court for the Southern District for New York, Pilar II Leasing Limited transferred its six claims in the aggregate face amount of $284 million to Atlas Gates S.A.R.L.; Picaflor Leasing Limited transferred its three claims of aggregate face value $168 million to Amber Gate S.A.R.L.; and other claims with aggregate face value of $136 million were transferred to Ivy Gate S.A.R.L. in the following manner:
In re LATAM Airlines Group S.A., Case No. 20-11254
Related posts: