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Published on 8/31/2004 in the Prospect News Distressed Debt Daily.

ASM Capital II acquires two KB Toys claims valued at $2.51 million

Washington, Aug. 31 - ASM Capital II LP acquired two claims against KB Toys Inc. valued at $2.51 million, according to papers filed with the U.S. Bankruptcy Court for the District of Delaware Monday.

It acquired a $1.52 million claim from Panasonic Industrial Co. and a $988,150 claim from TDK Mediactive.

KB Toys, a Pittsfield, Mass.-based toy retailer, filed for bankruptcy on Jan. 14. Its Chapter 11 case number is 04-10120.


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