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Prospect News home > News index > List of issuers D > Headlines for Delphi Corp. > News item
Published on 3/28/2006 in the Prospect News Distressed Debt Daily.

Contrarian Funds buys $1.46 million portion of claim against Delphi debtor

By Caroline Salls

Pittsburgh, March 28 - Contrarian Funds, LLC bought a $1.46 million portion of MeadWestvaco Corp.'s $1.48 million claim against Delphi Corp. debtor Delphi Automotive Systems, LLC, according to a Tuesday filing with the U.S. Bankruptcy Court for the Southern District of New York.

Delphi, a Troy, Mich.-based automotive electronics manufacturer, filed for bankruptcy on Oct. 8. Its Chapter 11 case number is 05-44481.


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