Chilean Airline Can't Duck Depositions In GOL Linhas' Ch. 11

By Clara Geoghegan · July 1, 2024, 7:41 PM EDT

Bankrupt Brazilian airline GOL Linhas Aereas Inteligentes SA can depose employees of a competitor accused of trying to poach airplane leases, a New York bankruptcy judge ruled on Monday, rejecting arguments...

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Bankruptcy Scorecard

Summary

Brazilian budget airline GOL Linhas filed for Chapter 11, saying it plans to use DIP financing to maintain operations while it restructures its balance sheets and improves its liquidity.

Case Number

24-bk-10118

Judge

Martin Glenn

Venue

U.S. Bankruptcy Court for the Southern District of New York

Capital Structure

Total Liabilities:

$8.3 billion

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Case Information

Case Title

GOL Linhas Aereas Inteligentes S.A.

Case Number

1:24-bk-10118

Court

New York Southern

Nature of Suit

Date Filed

January 25, 2024