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Old 18th Nov 2020, 20:05
  #936 (permalink)  
ManaAdaSystem
 
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First deadline December 6.
By this date they (Ireland) must decide if keeping the company alive is a better option than selling off whatever values it has.
The way this company is set up does not make this easy. Only the Irish parts are in «Chapter 11», the Norwegian part of Norwegian is protected as an «associated» company.
If they manage to pull this off, they have 150 days to get the company on it’s feet.
That takes money. The Irish/Chinese owners don’t want to inject any money, something the NO government is well aware of.
On top of that, the government is not very happy with the way Norwegian is set up with various sub companies in other countries.
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