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Brazilian Airline GOL files Ch 11 Plan to cut US$2.5bn debt

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Published on: 13 December 2024
Published by a Law360 reporter

Article summary

Law360: Low-cost Brazilian airline GOL Linhas has revealed a proposed Chapter 11 plan after reaching a global settlement with creditors, major investor Abra Group Limited and other stakeholders that would extinguish US$2.5bn in debt before its January confirmation hearing.

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