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Published on 8/10/2004 in the Prospect News Distressed Debt Daily.

Bear Stearns transfers $2 million of a claim against Armstrong World Industries to Owl Creek Asset Management

Washington, Aug. 10 - Bear Stearns & Co. Inc. transferred $2 million of a claim against Armstrong World Industries Inc. to Owl Creek Asset Management, according to a filing Tuesday with the U.S. Bankruptcy Court for the District of Delaware.

Armstrong, a Lancaster, Pa.-based flooring, ceilings and cabinet company, filed for bankruptcy on Dec. 6, 2000. Its Chapter 11 case number is 00-04471.


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