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Merrill Lynch Credit Products buys $53 million of claim against Northwest Airlines
By Caroline Salls
Pittsburgh, Sept. 5 - Merrill Lynch Credit Products, LLC bought a $53 million portion of Lambert Leasing, Inc.'s $147.9 million claim against Northwest Airlines, Inc., according to a Tuesday filing with the U.S. Bankruptcy Court for the Southern District of New York.
Northwest, an Eagan, Minn.-based airline, filed for bankruptcy on Sept. 14, 2005. Its Chapter 11 case number is 05-17930.
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