Thu 01/25/2024 20:36 PM
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Reorg Asia Highlights:

  • The Singapore International Commercial Court, or Singapore Court, has granted the recognition and enforcement of PT Garuda Indonesia (Persero) TBK, or Garuda Indonesia’s, PKPU composition plan;

  • This was despite opposition from aircraft lessors Greylag Goose Leasing 1410 Designated Activity Co. and Greylag Goose Leasing 1446 Designated Activity Co., or the Greylag entities. They objected to the recognition of Garuda Indonesia’s PKPU composition plan on...
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