Leisure Cargo files for insolvency after loss of major contracts – theloadstar.com

Richair By Alexander Whiteman 11/06/2019 Leisure Cargo (LC) is to enter insolvency following the loss of contracts with TUI and another carrier. Aspokesperson for the GSSA confirmed to The Loadstarit had begun insolvency proceedings at a court in Dusseldorf, with White & Case appointed trustees. Reorganisation manager Tillmann Peeters, of Falkensteg Restrukturierung, said: We want…