Bankruptcy & Restructuring today

Bankruptcy & Restructuring today

New Delaware Chapter 11 Filing – SeaStar Holdings, Inc.

SeaStar Holdings, Inc., along with two of its subsidiaries and affiliates, has filed a petition for relief under Chapter 11 in the Bankruptcy Court for the District of Delaware (Lead Case No. 18-10039).

SeaStar operates a passenger airline based in San Juan, Puerto Rico under the name Seaborne Airlines.

SeaStar’s Petition reports $1 – $10 million in assets and $10 – $50 million in liabilities.

https://www.csbankruptcyblog.com/2018/01/articles/recent-developments/new-delaware-chapter-11-filing-seastar-holdings-inc/