This name is a synonym of Psychopsis papilio (Lindl.) H.G.Jones.
The record derives from WCSP
(data supplied on 2012-03-23)
which reports it as a synonym (record 336167) with original publication details: Orchid J. 1: 281 1952.
This name was in version 1 of The Plant List, record kew-336167, and has not been changed.