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Southern Air Holdings, Inc., et al.

  1. March 14, 2013

    Cargo Carrier Southern Air Cleared For Takeoff From Ch. 11

    Southern Air Holdings Inc. on Thursday won a Delaware bankruptcy judge's blessing for its reorganization plan, which hands control of the cargo carrier to secured lenders owed $258 million.

  2. March 06, 2013

    Southern Air Ch. 11 Plan Could Shortchange Gov't, US Says

    The U.S. government on Wednesday asked a Delaware bankruptcy judge to reject Southern Air Holdings Inc.'s reorganization plan unless the cargo carrier alters the plan so it won't prejudice claims from various government agencies.

  3. December 18, 2012

    Southern Air Ch. 11 Disclosure Statement Cleared For Voting

    A Delaware bankruptcy judge on Tuesday approved the Chapter 11 disclosure statement of Southern Air Holdings Inc. after the cargo carrier smoothed out issues with objecting parties who claimed that the document revealed too little about the company's proposed reorganization.

  4. December 12, 2012

    Creditors Question Oak Hill's Role In Southern Air Ch. 11

    Unsecured creditors on Tuesday demanded more disclosure on bankrupt Southern Air Inc.'s reorganization plan, questioning whether it favors the cargo carrier's private equity owner, Oak Hill Capital Partners, at the expense of creditors.

  5. November 27, 2012

    Feds, Trustee Say Southern Air's Plan Disclosure Lacks Info

    The federal government and the U.S. trustee took issue with Southern Air Holdings Inc.'s proposed Chapter 11 disclosure statement Tuesday, saying it fails to provide adequate information on the airline's reorganization plan, which appears to force creditors into granting "voluntary" releases.

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