Creditors Repossess Collateral One Year After Bankruptcy

The United States Bankruptcy Court for the Western District of Missouri has denied bankrupt Vanguard Airlines objections to its creditors' right to repossess aircraft parts and equipment and hold or liquidate that property as the creditors deem necessary.Last week Judge W. Venters handed down his decision in the case of Vanguard Airlines v. International Aero ...

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Creditors Repossess Collateral One Year After Bankruptcy

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