BusinessBusiness RecoveryMCR called in for Eos Chapter 11

MCR called in for Eos Chapter 11

Administrators from Menzies Corporate Restructuring brought in to handle UK activities for the stricken airline

Partners from Menzies Corporate Restructuring have been appointed as joint
administrators at Eos, the airline which is currently embroiled in a Chapter 11
case.

Geoff Bouchier and John Norris will be spearheading UK efforts to find buyers
for the business or assets of Eos, which has taken steps to protect itself from
creditors by filing a Chapter 11 petition in New York.

Eos Airlines ceased operations on 27 April after filing for Chapter 11 under
the US Bankruptcy Code the previous day. The Code effectively shields troubled
companies by stopping their creditors from taking certain actions related to
debts that may have been owing prior to the commencement of the bankruptcy
cases.

Further reading:

Court filings and other information can be found at
http://www.eosairlines.com/
and at
http://www.kccllc.net/eosairlines.

Related Articles

Investment firm acquires Avon Steel Company Limited

Business Recovery Investment firm acquires Avon Steel Company Limited

1w Emma Smith, Managing Editor
Manchester law firm enters into administration

Business Recovery Manchester law firm enters into administration

1w Emma Smith, Managing Editor
KPMG appoints new global head of insolvency

Business Recovery KPMG appoints new global head of insolvency

4w Emma Smith, Managing Editor
EY hired by Carillion to review finances

Accounting Firms EY hired by Carillion to review finances

5m Alia Shoaib, Reporter
Using insolvency as a debt recovery tool

Business Recovery Using insolvency as a debt recovery tool

6m Emma Smith, Managing Editor
UK government should support mid-sized businesses to create a ‘new economy’ post-Brexit, says BDO report

Business Recovery UK government should support mid-sized businesses to create a ‘new economy’ post-Brexit, says BDO report

8m Alia Shoaib, Reporter
Over 800 jobs saved as Endless LLP acquires Jones Bootmaker

Business Recovery Over 800 jobs saved as Endless LLP acquires Jones Bootmaker

9m Emma Smith, Managing Editor
FRP Advisory expands operation with new office, partner appointments

Accounting Firms FRP Advisory expands operation with new office, partner appointments

10m Emma Smith, Managing Editor