Norwegian Air Files For Chapter 15 Bankruptcy in New York

Norwegian Air Shuttle ASA filed for Chapter 15 bankruptcy protection in New York on Friday.

• The Chapter 15 filing allows Norwegian to protect its U.S. assets from litigation while restructuring in another country
  • The company sought creditor protection last year in Ireland through a process similar to Chapter 11 bankruptcy
  • READ MORE: Norwegian Air Seeks Creditor Protection in Survival Bid
• The case is Norwegian Air Shuttle ASA and Geir Karlsen, 21-10478, United States Bankruptcy Court for the Southern District of New York

To contact the reporter on this story:
Jeremy Hill in New York at jhill273@bloomberg.net

To contact the ...