Home Must Reads Creditors want Evergreen to declare Chapter 7 bankruptcy

Creditors want Evergreen to declare Chapter 7 bankruptcy

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Must Reads
Friday, December 20, 2013

Creditors moved to force Evergreen International Airlines into involuntary bankruptcy.

The unsecured creditors filed a summons Thursday under Chapter 7 of the U.S. bankruptcy code requiring Evergreen to answer a petition entered the previous day. Two hotels seek more than $440,000 for Evergreen crew members' lodging, and a plowing company wants $25,000 for clearing snow from Evergreen cargo jets at New York’s John F. Kennedy International Airport.

Other creditors may join the case filed Wednesday in U.S. Bankruptcy Court for the Eastern District of New York. Numerous creditors have sued the airline, which flew its last flight Dec. 2, ending three decades of service for a company that once operated a global fleet of Boeing 747 cargo jets.

Read more at OregonLive.com.

 

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