Articles tagged with: unsecured creditors

Listings and discussion of other information derived from top unsecured creditor lists provided in bankruptcy petitions in major Chapter 11 bankruptcies

Chrysler LLC – 50 Largest Unsecured Bankruptcy Creditors

[Update May 29, 2009: Please note that the following Largest Unsecured Creditor list is taken from the Chrysler LLC bankruptcy filing. Subsequently, Chrysler published a “Designated Supplier Contract” list with “Cure Costs”. This list bears no resemblance to the original largest unsecured creditor list. You can look at the subsequent list by clicking on the following link to the post “Chrysler LLC Bankruptcy – Supplier $1,000,000 Cure Cost Club“.]

Chrysler LLC has requested authority to file a consolidated list of the 50 largest unsecured creditors of the 25 Chrysler and affiliated Debtors (the “Top 50 List”) in lieu of a separate list for each of the Debtors. The Top 50 List is based on the Debtors’ books and records as of approximately April 30, 2009. The Top 50 List does not include: (1) persons who come within the definition of “insider”; or (2) secured creditors, unless the value of the collateral is such that the unsecured deficiency places the creditor among the holders of the 50 largest unsecured claims.

The amounts owed to each of the unsecured creditors is listed as trade debt. In fact, the list is a who’s who of Tier 1 suppliers.

The Top 50 List in order of size is: