Merrill Lynch Credit Partners buys $11.78 million in claims against Delphi

By Caroline Salls

Pittsburgh, April 17 - Merrill Lynch Credit Products, LLC bought $11.78 million in claims against Delphi Corp., according to Friday filings with the U.S. Bankruptcy Court for the Southern District of New York.

Merrill Lynch bought one claim for $10.44 million from AW Transmission Engineering U.S.A., Inc. and another for $1.34 million from Aisin AW Co., Ltd.

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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