Troubled Avantair Appointed Ch. 7 Trustee

Law360, Miami (August 2, 2013, 6:54 PM EDT) -- A Florida bankruptcy judge on Thursday appointed an interim Chapter 7 trustee for fractional aircraft ownership company Avantair Inc., which was dragged into bankruptcy involuntarily by creditors last month.

U.S. Bankruptcy Judge Catherine Peek McEwen granted the petitioning creditors' motion to appoint an interim Chapter 7 trustee, tapping Tampa attorney Beth Ann Scharrer for the job.

Judge McEwen also granted the creditors' request to shorten the time Avantair has to fight the involuntary petition. The company has until Aug. 6 to contest it and has to...
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