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Longacre Master Fund buys $2.62 million claim against Loral debtor
By Caroline Salls
Pittsburgh, July 18 - Longacre Master Fund, Ltd. bought Hyundai Electronic Industries Inc. and Hynix Semiconductor Inc.'s $2.62 million claim against Loral Space & Communications Inc. debtor Space Systems/Loral Ltd., according to a Friday filing with the U.S. Bankruptcy Court for the Southern District of New York.
Loral, a New York-based satellite company, filed for bankruptcy on July 15, 2003. Its Chapter 11 case number is 03-41710.
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