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March 22, 2011

Feb. US bankruptcy claim trades dip, value rises

"WILMINGTON, Del., March 22 (Reuters) - The value of U.S. bankruptcy claims that traded in February hit an eight-month high due to a handful of big transfers involving cases such as Mesa Air Group Inc, according to data released on Tuesday.

But overall activity continued to dry up as large bankruptcy filings evaporate and traders are left shifting through smaller cases, according to SecondMarket, which runs a bankruptcy claims trading marketplace."

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March 22, 2011 in Current Affairs | Permalink

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