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3V Capital, Latigo Master Fund buy $3.01 million in claims against Delphi debtor
By Caroline Salls
Pittsburgh, Feb. 22 - 3V Capital Master Fund Ltd. and Latigo Master Fund, Ltd. bought $3.01 million in claims against Delphi Corp. debtor Delphi Automotive Systems LLC, according to Thursday filings with the U.S. Bankruptcy Court for the Southern District of New York.
Specifically, 3V Capital bought a $1.64 million claim from SPCP Group, LLC and Latigo bought a $1.37 million claim from Deutsche Bank Securities Inc.
Delphi, a Troy, Mich.-based automotive electronics manufacturer, filed for bankruptcy on Oct. 8, 2005. Its Chapter 11 case number is 05-44481.
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