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Published on 11/1/2005 in the Prospect News Distressed Debt Daily.

Credit Renaissance Partners buys $5.07 million claim against Tower Automotive debtor

By Caroline Salls

Pittsburgh, Nov. 1 - Credit Renaissance Partners, LLC bought Yazaki North America, Inc.'s $5.07 million general unsecured claim against Tower Automotive, Inc. debtor Tower Automotive Lansing, LLC, according to a Tuesday filing with the U.S. Bankruptcy Court for the Southern District of New York.

Tower, a Novi, Mich.-based auto parts maker, filed for bankruptcy on Feb. 1, 2005. Its Chapter 11 case number is 05-10578.


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