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Published on 3/18/2014 in the Prospect News Distressed Debt Daily.

JPMorgan Chase Bank buys $1.9 million claim against Cengage Learning

By Kali Hays

New York, March 18 - JPMorgan Chase Bank, NA bought Royal Bank of Scotland's $1.9 million claim against Cengage Learning, Inc., according to a Monday filing with the U.S. Bankruptcy Court for the Eastern District of New York.

Cengage, a Stamford, Conn.-based provider of teaching, learning and research services for the academic, professional and library markets, filed for bankruptcy on July 2, 2013. The Chapter 11 case number is 13-44106.


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