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SAS AIRLINE STARTED BANKRUPTCY AMID PILOTS' STRIKE

Scandinavian airline SAS applied to the US court with an application for insolvency. A New York court should consider it in the near future, relying on article 11 of the Bankruptcy Code. Experts call this provision of the law one of the most flexible for businesses operating simultaneously in several jurisdictions. The company hopes that the introduction of bankruptcy proceedings will allow the management to coordinate ...

Modified: 07.06.2022
bankruptcy , airline bankruptcy , SAS , bankruptcy of legal entities
Path: РусБанкрот - СМИ
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