Virgin Australia administrators released from liability, granted time extensions
Virgin Australia filed for voluntary administration on 20 April (Credit: shutterstock.com/Ryan Fletcher)
The Federal Court of Australia has temporarily released Virgin Australia’s administrators from liability towards the group’s lessors, granting them more time to comb through property assets and assess creditor claims that number in the tens of thousands.
To read more
Subscribe to Global Restructuring Review
Register for limited access
Register to receive our newsletter and gain limited access to subscriber content.
Register now
Subscribe to unlock unlimited access
Get news, unique commentary, expert analysis and essential resources from the Global Restructuring Review experts.
Subscribe now