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BRNF LIQUIDATING TRUST RELEASES ANNOUNCEMENT

 BRNF LIQUIDATING TRUST RELEASES ANNOUNCEMENT
 WILMINGTON, Del., April 3 /PRNewswire/ -- The trustees of the


BRNF Liquidating Trust today announced that at a meeting of the certificate holders held on March 31, 1992, the plan of termination of the trust was approved by the certificate holders.
 As part of the plan of termination, the BRNF Liquidating Trust proposes to sell by sealed bids its unsecured claim against Braniff, Inc. in the amount of $12,640,020.67 allowed pursuant to the order dated Aug. 9, 1991, of the Bankruptcy Court 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. Sale transfer of the claim is subject to the provisions of the U.S. Bankruptcy Code. Bids will be opened at noon EDT on April 29, 1992. All bids must be received by the trustees by 5 p.m. EDT on April 28, 1992, at the following address: BRNF Liquidating Trust, c/o Wilmington Trust Company, as Trustee, Rodney Square North, Wilmington, Del., 19890, Attention: Bruce L. Bisson, Assistant Vice President, Corporate Trust Administration.
 -0- 4/3/92
 /CONTACT: Bruce L. Bisson for BRNF Liquidating Trust, 302-651-8584/ CO: BRNF Liquidating Trust ST: Delaware, Florida IN: FIN SU:


CC-MK -- PH022 -- 4816 04/03/92 12:17 EST
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Publication:PR Newswire
Date:Apr 3, 1992
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