Evergreen Aviation Trustee Seeks Nod For $4M Asset Sale

Law360, Wilmington (April 21, 2014, 10:18 PM EDT) -- The Chapter 7 trustee for Evergreen International Aviation Inc. asked a Delaware bankruptcy judge Monday to sign off on the sale of the bulk of the company's assets to Jet Midwest Group LLC for nearly $4.3 million.

Trustee Alfred T. Giuliano, who oversees the bankruptcy estate, is seeking court approval to sell the assets of Evergreen and a trio of its affiliates to Jet Midwest, which will pay $4.275 million cash and assume any liabilities or cure costs related to contracts and leases.

The deal makes...
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