News & Analysis as of

Corporate Restructuring Airlines

DLA Piper

SDNY Bankruptcy Court Holds that “Opt-Out” Mechanism Renders Third-Party Releases Consensual in Spirit Airlines Chapter 11 Plan

DLA Piper on

The US Bankruptcy Court for the Southern District of New York (the Court) recently approved third-party releases contained in a chapter 11 plan (the Plan) and found that, under the facts and circumstances, the opt-out...more

Katten Muchin Rosenman LLP

Features of the Hong Kong Airlines Restructuring Plan

Key Points - - Hong Kong Airlines (HKA) has announced that it is seeking to implement a restructuring of its aircraft lease obligations and other liabilities by court action in the UK and Hong Kong. - The plan...more

Foster Garvey PC

OTA & Travel Distribution Update: Booking Holdings and TripAdvisor dominate headlines with second-quarter earnings releases,...

Foster Garvey PC on

Below is an abbreviated version of this week’s OTA &Travel Distribution Update. Enjoy....more

Robins Kaplan LLP

Your Daily Dose of Financial News

Robins Kaplan LLP on

The Upshot helps us understand exactly what’s been going on with the markets this week and what a late-bull-market reality means for the US (and global) economy....more

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