The court has given them an extension to allow the plans to be finalised, apparently, 2 Billion in debt wiped away mainly by the lease companies taking one for the team, but still over 220 Million in debt to be "resolved" plus 543 Million needed to satisfy the Norwegian Government and allow access to the funds, so about 770 Million gap needs plugging. Highly likely the creditors that already have judgements for 171 Million will stick out to get the money as they know its the last real chance, so the question remains if the banks will stump up to settle old debts, which is dead cash or insist this is done before they "invest". Even selling and leasing back the owned A/C would not raise the money required, only hope is existing shareholders "supporting" the plan by discharging the old debts, but that is a bitter pill if "new investors" get all the cream, or an "offer" of X cents on the dollar to creditors in the hope they take it..in marketing "spin" terms " a better deal for the creditors"
https://www.irishtimes.com/business/...sion-1.4465268