In the Headlines
March 27, 2025
Silver Airways, Buyer Group Continue Negotiations Over Priming DIP Facility; Aircraft Lessor Nordic Warns of Administrative Insolvency
Octus
Bankruptcy attorney Barbra Parlin was mentioned in a Octus article in connection with representing aircraft lessor Nordic Aviation Capital in the ongoing proceedings related to Silver Airways' Chapter 11 bankruptcy. The parties agreed to adjourn Nordic's emergency motion to compel the return of equipment to allow more negotiation time for a debtor-in-possession (DIP) financing. Despite this, Nordic has concerns over whether the debtors are proposing to pay certain administrative claims over others.
READ: Silver Airways, Buyer Group Continue Negotiations Over Priming DIP Facility; Aircraft Lessor Nordic Warns of Administrative Insolvency (Subscription required)