The US Bankruptcy Court for the Southern District of New York approved LATAM Airlines Group’s Plan of Reorganization filed in the context of its Chapter 11 reorganization proceeding on Saturday, the company reported. LATAM’s Chapter 11 Plan has been...
On Friday, LATAM Airlines Group announced its unsecured creditors had voted overwhelmingly to approve the airline’s Plan of Reorganization. Following yesterday’s announcement, LATAM’s Chapter 11 moves forward; the company still needs to obtain positive votes from...
On Friday, November 26, LATAM Airlines Group took a step forward towards exiting the Chapter 11 bankruptcy process. The carrier filed in extremis the plan, outlining the financial highlights that will allow it to recover fully from the COVID-19 pandemic and grow....
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