Court to Rule on Thai Air Bankruptcy Petition on Sept. 14 (1)

The Central Bankruptcy Court will rule whether Thai Airways International can proceed with its debt rehabilitation plan on Sept. 14, according to Judge Kampol Rungrat.

• Court completed hearings on carrier’s petition seeking debt rehabilitation and appointment of Earnest & Yong and Thai Airways management team as debt planners
• “Over the next 7 days, any creditors who oppose Thai Air’s request can submit their opposition,” Judge Kampol says, wrapping up initial hearings on Tuesday
• NOTE: Thai Airways to Seek Restructuring Under Bankruptcy Law (1)
• Thai Air will invite all creditors to a briefing on preliminary debt rehabilitation plan as soon as ...