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    The Norwegian Examinership and what it means for the company’s creditors
    2021-02-09

    On Monday, 7 December, the Irish High Court affirmed the appointment of an examiner, Kieran Wallace of KPMG, to a number of companies in the Norwegian Air Group (“Norwegian”) as well as the Oslo based parent company of the group, Norwegian Air Shuttle ASA (“NAS”). The appointment of the examiner will provide Norwegian with critical protection from its creditors for a period of approximately 100 days. This article briefly outlines some aspects of the examinership process and what it entails for Norwegian’s creditors.

    Filed under:
    Ireland, Aviation, Insolvency & Restructuring, Litigation, Flynn O'Driscoll, Coronavirus
    Authors:
    Billy Brick , David Curran , Eoin Cunneen , James D Duggan , John Darby , Julie Faverie , Kieran Kelly , Claire McDermott , Sorcha O'Rourke
    Location:
    Ireland
    Firm:
    Flynn O'Driscoll
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