The Credit Derivatives Determinations Committee will meet at midday UK time (BST) on Thursday 19 September to decide whether filing for Chapter 15 bankruptcy in the USA has triggered a credit event and thus whether credit default swap protection has been invoked
To those not familiar with the credit default swaps, this will all sound tediously dull, but the outcome of this meeting may have a significant impact on the long term survival of Thomas Cook
https://www.cdsdeterminationscommitt...ook-group-plc/