Summary
stating that when a plan will return value to equity, the solvent debtor exception is triggered
Summary of this case from In re Genesis Glob. HoldcoOpinion
22 CIVIL 5891 (DLC)
04-28-2023
In Re: LATAM AIRLINES GROUP, S.A., Debtor. v. LATAM AIRLINES GROUP S.A., Appellee. TLA CLAIMHOLDERS GROUP, Appellant,
JUDGMENT
It is, ORDERED, ADJUDGED AND DECREED: That for the reasons stated in the Court's Opinion and Order dated August 31, 2022, the appeal by the TLA Claimholder Group is denied, and the Bankruptcy Court's June 18, 2022 confirmation of the Plan is affirmed. The appellant's request for a stay is also denied; accordingly, the case is closed.