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PHILIPPINE AIRLINES READY TO FILE FOR BANKRUPTCY

... obtained from the informed sources. We should remind our readers that Chapter 11 restructuring is the so-called “soft” form of bankruptcy, which is therefore called reorganization. It does not imply liquidation of the company, allowing you to restructure debts and continue working. Cirium sources ... ... legal agency, bringing it in as an advisor. The New York-based firm Seabury Capital was hired as a financial consultant The airline, founded in 1941, is one of the oldest in Asia with a fleet of 61 aircraft. The organization belongs to the holding of ...

Modified: 05.18.2021
bankruptcy , Philippines , Philippine Airlines , airline , corporate bankruptcy , reorganization
Path: РусБанкрот - СМИ

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