Organisation: LATAM Airlines Group

Viva Air has blamed Colombia’s aviation regulator for its decision to file for insolvency, claiming the authority took too long to review its proposed acquisition by Avianca after the merging parties argued the failing firm defence.

07 March 2023

Dismissing the last remaining dispute over LATAM Airlines’ Chapter 11 plan, the US’s Second Circuit Court of Appeals has addressed for the first time whether a debtor has to pay post-petition interest (PPI) to unsecured creditors to be able to treat them as unimpaired.

20 December 2022