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Est. 1989

Aviation Case Studies

Joint Administration of Silverjet Plc

Joint Administration of Silverjet Plc This last surviving business class-only transatlantic airline was placed into administration. A sale of the business as a whole was agreed to Kingplace Limited, however, due to unusually complex negotiations between Kingplace and third parties, the sale was not able to complete. As a result we had to make the workforce redundant, despite working hard to prevent this. We continue to negotiate the sale of Silverjet’s assets for the benefit of the company’s creditors.

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