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AFR - Virgin Administrators come under fire for doubtful forecasts
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16th May 2020, 01:06
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ampclamp
Join Date: Jul 2008
Location: Skating away on the thin ice of a new day.
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For SHVC.
From the Guardian:
To do this, Strawbridge and the other administrators have also
had to convince
the federal court judge John Middleton to make extraordinary orders on Friday that allow them to avoid personal liability for the vast bulk of debts the airline continues to incur on their watch.
They’ve also
taken legal action
in the US to protect the airline’s assets from creditors there.
https://www.theguardian.com/business...es-for-a-buyer
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