By Todd K. Wolynski, partner at White & Case LLP, and Oliver Althoff, Managing Director – North America at Seabury Securities LLC.1
If you are an aviation professional in the COVID-19 era, you are likely learning about, or reacquainting yourself with, the restructuring process.
Airlines, helicopter operators and their principals and managers who have long experience in the industry are accustomed to a regular cycle of restructuring and will be familiar with many of the nuances of a business transformation and restructuring. However, other sectors of the aviation industry that have traditionally been somewhat more insulated from the airline cycle such as maintenance and repair organizations (MROs), manufacturers and lessorsmay be less f…
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