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
Subscribe & start reading now!
GRR is a daily information service providing cross-border insolvency and restructuring news, features and events.
Upgrade now
Already have access? Login below
Copyright © Law Business ResearchCompany Number: 03281866 VAT: GB 160 7529 10