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Prospect News home > News index > List of issuers L > Headlines for Loral Space & Communications Ltd. > News item
Published on 11/12/2004 in the Prospect News Distressed Debt Daily.

Contrarian Funds acquires $24.49 million Loral claim

Washington, Nov. 12 - Contrarian Funds acquired a $24.49 million Loral Space & Communications Ltd. claim from Alenia Spazio SpA, 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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