No Double Dipping - Avianca Bankruptcy Court Demands that Foreign Creditors Drop Foreign Enforcement Proceedings at Risk of Having Bankruptcy Claims Disallowed

In a January 2023 opinion,1 the Southern District of New York Bankruptcy Court overseeing the bankruptcy case of Latin American airline Avianca and certain of its affiliates sanctioned over 150 of the airline’s Brazilian and Columbian creditors who had filed proofs of claim in the bankruptcy case finding t

Filed under:
USA, Insolvency & Restructuring, Litigation, Trade & Customs, Mayer Brown, Sanctions, Coronavirus, United States bankruptcy court
Authors:
Matthew V. Wargin , Aaron Gavant , Jade M. Edwards
Location:
USA
Firm:
Mayer Brown