Ad hoc committee

Avianca, LATAM secure court approval for DIP financings

Multiple international and Latin American law firms have helped Colombian-Panamanian airline Avianca and Chile’s LATAM get court approval for debtor-in-possession financings worth more than US$4 billion, weeks after LATAM’s new money deal was initially rejected.

14 October 2020

Swissport scheme sanctioned but unsecured group set to fight changes to intercreditor agreement

An English court has sanctioned a scheme for Chinese-owned aviation services company Swissport, but a group of its senior unsecured noteholders have raised issues with changes to a New York law-governed intercreditor agreement.

24 June 2020

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