US Trustee Bashes Avianca's Ch. 11 'Death Trap' Provision

By Rick Archer (September 8, 2021, 8:12 PM EDT) -- The U.S. Trustee's Office is asking a Delaware bankruptcy judge to reject Colombian airline Avianca's disclosure of its debt-swap Chapter 11 plan, saying it fails to explain why it is imposing a $6 million "death trap" clause on its unsecured creditors....

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