MatlinPatterson Global Advisers Files for Chapter 11 in New York

MatlinPatterson Global Advisers LLC files for Chapter 11 bankruptcy in the Southern District of New York, according to a filing.

• Estimated:
  • number of creditors between 1-49
  • liabilities between $0 and $50,000
  • assets between $50,001 and $100,000
• NOTE: October 2017, MatlinPatterson Said to Unwind Puerto Rico, Distressed Bets
• NOTE: March 2014, MatlinPatterson Said to Seek $2 Billion After Crisis Errors (1)

To contact the reporter on this story:
Colin Keatinge in London at ckeatinge@bloomberg.net

To contact the editors responsible for this story:
Tiago Ramos Alfaro at talfaro1@bloomberg.net

Rebecca Smith

© 2021 Bloomberg L.P. All rights reserved. Used with permission.