SAS AB
Case Number:
1:22-bk-10925
Court:
Nature of Suit:
Firms
- Akin Gump
- A&O Shearman
- Baker & Hostetler
- Ballard Spahr
- Clifford Chance
- DLA Piper
- Dorsey & Whitney
- Duane Morris
- Earp Cohn
- Eversheds Sutherland
- Halperin Battaglia
- Holland & Knight
- Hughes Hubbard
- Kramer Levin
- Lewis Brisbois
- Mayer Brown
- McDermott Will & Emery
- McElroy Deutsch
- Morgan Lewis
- Moritt Hock
- Morrison Cohen
- Nelson Mullins
- Nixon Peabody
- Norton Rose
- Pillsbury Winthrop
- Quinn Emanuel
- Sheppard Mullin
- Sidley Austin
- Skadden Arps
- Squire Patton
- Vedder Price
- Warner Norcross
- Watson Farley
- Weil Gotshal
- White and Williams
- White & Case
- Willkie Farr
- Winston & Strawn
- Young Conaway
Companies
- AerCap Holdings N.V.
- Aero Capital Solutions Inc.
- Airbus SAS
- Air France-KLM
- Air Lease Corp.
- Airlines Reporting Corp.
- AlixPartners LLP
- AXIS Capital Holdings Ltd.
- Bank of America Corp.
- Best Western International Inc.
- Castlelake LP
- Citigroup Inc.
- Credit Agricole SA
- Elavon Inc.
- Ernst & Young LLP
- FTI Consulting Inc.
- Geodis SA
- Google LLC
- Griffin Global Asset Management LLC
- Jackson Square Aviation LLC
- Jefferies Financial Group Inc.
- Natixis SA
- Norddeutsche Landesbank Girozentrale
- Oracle Corp.
- Panasonic Corp.
- Radisson Hotel Group Inc.
- SAS AB
- Skandinaviska Enskilda Banken
- Sumitomo Mitsui Financial Group Inc.
- TR Capital Management LLC
- U.S. Bancorp
- Viasat Inc.
- Wilmington Trust Corp.
- World Fuel Services Corp.
Sectors & Industries:
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July 27, 2022
SAS Settles Pilot Strike, Moves Toward Ch. 11 Financing
Bankrupt Scandinavian airline SAS AB told a New York federal judge Wednesday it has resolved a pilot labor action that threatened its restructuring plan, and it is moving toward a $700 million Chapter 11 financing package.
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July 13, 2022
Crypto Issues Grow, Mediation Over Abuse OK'd In Ch. 11
Liquidators were cleared to take discovery from the founders of foundering Three Arrows Capital, account holders of cryptocurrency broker Voyager Digital hold out hope for recovery, and mediation of sex abuse claims in the case of a New York youth club was approved. This is the week in bankruptcy.
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July 07, 2022
Crypto Winter Starts, Mediation Sought For Sex Abuse Claims
The global collapse of cryptocurrency prices tipped two firms into bankruptcy, a New York youth club is seeking a quick mediation of sex abuse claims, and a pilot strike caused a Scandinavian airline to file for Chapter 11 earlier than expected. This is the week in bankruptcy.
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July 07, 2022
SAS To Start Labor Talks To Help Ch. 11 Financing Search
Bankrupt Scandinavian airline SAS AB told a New York judge Thursday that it plans to commence mediation with a striking pilots union quickly as the labor strife is costing the company more than $10 million per day at a time when it is seeking a large Chapter 11 loan.
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July 06, 2022
Ch. 11 Cheat Sheet: SAS AB
SAS AB, the national air carrier of Sweden, Norway and Denmark, filed for Chapter 11 protection July 5 after a labor action by the union representing more than 1,000 of its pilots forced the company to commence a bankruptcy case earlier than expected.
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July 06, 2022
Scandinavian Airlines Seeking $700M In Ch. 11 Financing
Forced to file for bankruptcy ahead of schedule due to a pilot strike, Scandinavian Airlines System will focus on securing final commitment for $700 million in Chapter 11 financing in the coming weeks that will help fund its case and complete a broad financial and operational restructuring.
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