Republic Airways Holdings Inc. Bankruptcy New Filing Alert: Motion For Authority To Obtain Debtor-In-Possession Financing

On February 25, 2016, a motion for authority to obtain debtor-in-possession financing was filed in the bankruptcy case of Republic Airways Holdings Inc. and its affiliates.

The filing was assigned docket number 21 and is described on the court’s official docket as follows:

Ex Parte Motion to Authorize / Ex Parte Motion of the Debtors Pursuant to Fed. R. Bankr. P. 9006(c) and Local Bankruptcy Rule 9006-1(b) and 9077-(1)(b) to Shorten Notice Period with Respect to Debtors’ Motion for an Order (i) Authorizing, But Not Directing, Debtors to Pay Prepayment Obligations to PK AirFinance US, Inc. Under Certain Aircraft Loan Agreement and (ii) Directing PK AirFinance US, Inc. and Wells Fargo Bank Northwest, N.A., as Security Trustee, to Take All Steps Necessary to Release Related Aircraft Collateral filed by Bruce Robert Zirinsky on behalf of Republic Airways Holdings Inc.. (Zirinsky, Bruce)

Republic Airways Holdings Inc. filed for bankruptcy protection, or had an involuntary bankruptcy petition filed against it, on February 25, 2016. The bankruptcy case is pending before the United States Bankruptcy Court for the Southern District of New York . The case number for the lead bankruptcy case is 16-10429. The bankruptcy case is currently assigned to United States Bankruptcy Judge Sean Lane. The law firm of Hughes Hubbard & Reed LLP is acting as lead bankruptcy counsel to Republic Airways Holdings Inc. in the bankruptcy case.


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