/raid1/www/Hosts/bankrupt/TCR_Public/210522.mbx          T R O U B L E D   C O M P A N Y   R E P O R T E R

              Saturday, May 22, 2021, Vol. 25, No. 141

                            Headlines

FRONTIER COMMUNICATIONS: Incurs $15.29 Million Net Loss in March
GARRETT MOTION: Net Loss Increases to $131.21 Million in March

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FRONTIER COMMUNICATIONS: Incurs $15.29 Million Net Loss in March
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Frontier Communications Corporation, et al., filed with the U.S.
Securities and Exchange Commission their monthly operating report
for March 2021.

The Debtors' statement of operations reflected a net loss of
$15.29 million on $560.16 million of revenue in March.

As of March 31, 2021, the Debtors listed $16.97 billion in total
assets, $21.79 billion in total liabilities, and -$4.82 billion in
total shareholders' equity.

They listed total cash receipts of $1.23 billion and total cash
disbursements of $1.13 billion for March 2021.

A copy of the monthly operating report is available at the SEC at:

                    https://bit.ly/33CGFwf

                 About Frontier Communications

Frontier Communications Corporation (OTC: FTRCQ) offers a variety
of services to residential and business customers over its
fiber-optic and copper networks in 25 states, including video,
high-speed internet, advanced voice, and Frontier Secure®
digital protection solutions.  Frontier Business offers
communications solutions to small, medium, and enterprise
businesses.

Frontier Communications Corporation and 103 related entities sought
Chapter 11 protection (Bankr. S.D.N.Y. Lead Case No. 20-22476) on
April 14, 2020.

Judge Robert D. Drain oversees the cases.

The Debtors tapped Kirkland & Ellis LLP as legal counsel; Evercore
as financial advisor; and FTI Consulting, Inc., as restructuring
advisor.  Prime Clerk is the claims agent, maintaining the page
http://www.frontierrestructuring.com/and
https://cases.primeclerk.com/ftr

The U.S. Trustee for Region 2 appointed a committee to represent
unsecured creditors in Debtors' Chapter 11 cases.  The committee
tapped Kramer Levin Naftalis & Frankel LLP as its counsel; Alvarez
& Marsal North America, LLC, as financial advisor; and UBS
Securities LLC as an investment banker.


GARRETT MOTION: Net Loss Increases to $131.21 Million in March
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Garrett Motion Inc., et al., filed with the U.S. Securities and
Exchange Commission their monthly operating report for March 2021.

The Debtors' statement of operations showed a net loss of $131.21
million on $753.15 million of net sales for March, as compared to
$61.50 million net loss reported for the previous month.

As of March 31, 2021, the Debtors listed $1.84 billion in
consolidated total assets, $4.62 billion in consolidated total
liabilities, and -$2.77 billion in consolidated total shareholders'
equity.

They listed total receipts of $203.49 million and total
disbursements of $269.38 million for the month.

A copy of the monthly operating report is available at the SEC at:

                    https://bit.ly/2Qdrmqy  

                     About Garrett Motion

Based in Switzerland, Garrett Motion Inc. (NYSE: GTX) designs,
manufactures, and sells highly engineered turbocharger and
electric-boosting technologies for light and commercial vehicle
original equipment manufacturers and the global vehicle and
independent aftermarket.

Garrett Motion and its affiliates sought Chapter 11 protection
(Bankr. S.D.N.Y. Lead Case No. 20-12212) on September 20, 2020.
Garrett disclosed $2.066 billion in assets and $4.169 billion in
liabilities as of June 30, 2020.

The Debtors tapped Sullivan & Cromwell LLP as counsel, Quinn
Emanuel Urquhart & Sullivan LLP as co-counsel, Perella Weinberg
Partners, and Morgan Stanley & Co. LLC as investment bankers, and
AlixPartners LP as restructuring advisor. Kurtzman Carson
Consultants LLC is the claims agent.

On October 5, 2020, the U.S. Trustee for Region 2 appointed an
official committee of unsecured creditors in the Debtors' Chapter
11 cases. White & Case LLP and Conway MacKenzie, LLC, serve as the
creditors' committee's legal counsel and financial advisor,
respectively.

The U.S. Trustee also appointed an official committee to represent
equity security holders in the Debtors' cases. The equity committee
tapped Glenn Agre Bergman & Fuentes LLP as its legal counsel, MAEVA
Group LLC as a financial advisor, and Cowen and Company, LLC as an
investment banker.

Centerbridge Partners, L.P., and Oaktree Capital Management, L.P.,
as Plan Sponsors are represented in the case by Milbank as legal
counsel and Houlihan Lokey, Inc., as financial advisor.

Kirkland & Ellis is legal counsel to Honeywell, and TRS Advisors
LLC and Centerview Partners LLC are its financial advisors.

Jones Day is s legal counsel to each Additional Investor, and
Rothschild & Co. is their financial advisor.

Fried, Frank, Harris, Shriver & Jacobson LLP, is the legal counsel
and Ducera Partners LLC, is the financial advisor to The Baupost
Group, LLC.

Ropes & Gray LLP is the legal counsel, and Moelis & Co., the
financial advisor to the Consenting Noteholders.

Gibson, Dunn & Crutcher LLP, is the legal counsel and PJT Partners
LP the financial advisor to the Consenting Lenders.


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then-ending.

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S U B S C R I P T I O N   I N F O R M A T I O N

Troubled Company Reporter is a daily newsletter co-published
by Bankruptcy Creditors Service, Inc., Fairless Hills,
Pennsylvania, USA, and Beard Group, Inc., Washington, D.C., USA.
Jhonas Dampog, Marites Claro, Joy Agravante, Rousel Elaine
Tumanda, Valerie Udtuhan, Howard C. Tolentino, Carmel Paderog,
Meriam Fernandez, Joel Anthony G. Lopez, Cecil R. Villacampa,
Sheryl Joy P. Olano, Psyche A. Castillon, Ivy B. Magdadaro, Carlo
Fernandez, Christopher G. Patalinghug, and Peter A. Chapman,
Editors.

Copyright 2021.  All rights reserved.  ISSN: 1520-9474.

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