Author: carolcranwell61

LATAM Amends Treatment of RCF Claims under its Plan

Santiago, Chile – WEBWIRE – Monday, April 25, 2022 LATAM Airlines Group S.A. informs that, in the context of its Chapter 11 reorganization process before the U.S. Bankruptcy Court, it submitted before such Court, an amended Plan of Reorganization (the “Plan”), and entered into an amendment to the Restructuring Support Agreement (the “RSA”) executed in furtherance of the Plan. The purpose of these amendments to the Plan and the RSA is to modify the treatment afforded to the claims (the “RCF Claims”) related to that certain credit and guaranty agreement dated as of March 29, 2016 ... Read more