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Published on 3/2/2005 in the Prospect News Distressed Debt Daily.

Owens Corning $1.23 million claim sold to Contrarian

By Ellen Chang

Houston, March 2 - Contrarian Funds LLC bought a $1.23 million claim against Owens Corning, according to a court filing with the U.S. Bankruptcy Court for the District of Delaware.

The claim was sold by Plains Marketing, LP.

Owens Corning, a Toledo, Ohio, building materials company, filed for bankruptcy on Oct. 5, 2000. Its Chapter 11 case number is 00-3837.


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