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BRNF LIQUIDATING TRUST ISSUES ANNOUNCEMENT

 BRNF LIQUIDATING TRUST ISSUES ANNOUNCEMENT
 WILMINGTON, Del., April 30 /PRNewswire/ -- The trustees of BRNF


Liquidating Trust have announced that sealed bids were opened on April 29, 1992, for the purchase of the trust's unsecured claim of $12,640,020.67 against Braniff, Inc. in the Bankruptcy Proceeding of Braniff, Inc., Debtor, Case No. 89-3325-BKC-6C1 in the U.S. Bankruptcy Court for the Middle District of Florida, Orlando Division.
 The high bid was $50,001. The trustees are proceeding to consummate the sale, including taking actions required by the U.S. Bankruptcy Code for the transfer of the claim to the high bidder.
 -0- 4/30/92
 /CONTACT: Bruce L. Bisson for BRNF Liquidating Trust, 302-651-8584/ CO: BRNF Liquidating Trust; Braniff, Inc. ST: Delaware, Florida IN: FIN SU:


MP-CC -- PH038 -- 5000 04/30/92 13:36 EDT
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Publication:PR Newswire
Date:Apr 30, 1992
Words:136
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