Alitalia Gets Protection Of Assets From US Court

Law360, New York (December 5, 2008, 12:00 AM EST) -- A bankruptcy judge on Thursday issued an order recognizing the case of Alitalia as a foreign main proceeding, protecting the beleaguered Italian air carrier's assets from proceedings in U.S. courts.

The case is pending in Italy, where the debtor has “the center of its main interests,” wrote Judge Burton R. Lifland in the U.S. Bankruptcy Court for the Southern District of New York.

Extension of a preliminary injunction, granted in November, is necessary to avoid irreparable injury, loss or damage to the administrator, the debtor and...
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