Icon Aircraft Investors Seek To Halt Proposed Ch. 11 Sale

By Yun Park · May 6, 2024, 8:07 PM EDT

A group of Icon Aircraft investors seeking to file legal claims against the company's Chinese majority equity holder asked a Delaware bankruptcy judge Monday to halt the company's proposed sale, saying...

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Bankruptcy Scorecard

Summary

Light-sport aircraft manufacturer ICON Aircraft filed for Chapter 11 protection in Delaware bankruptcy court with more than $170 million in debt and plans for an asset sale and liquidation.

Case Number

1:24-bk-10703

Judge

Craig Goldblatt

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

More than $170 million in debt

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Documents

Related Sections

Case Information

Case Title

Seaplane Debtor 1, Inc., et al.

Case Number

1:24-bk-10703

Court

Delaware

Nature of Suit

Date Filed

April 04, 2024

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