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More Northwest Investors Cough Up Information

Law360 (March 29, 2007, 12:00 AM EDT) -- Choosing to follow suit, a second group of investors has decided to back down and disclose their holdings in Northwest Airlines Corp. despite a pending appeal of the bankruptcy judge’s controversial order.

On Wednesday, ten investors, known as the ad hoc committee of certain claims holders, revealed that they currently own about $950 million in claims against the bankrupt carrier.

The new filers included Avenue Capital, Black River Asset Management, CarVal Investors LLC, Davidson Kempner Capital Management LLC, DE Shaw Laminar, Durham Asset Management LLC, Fortress...
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