Court Converts One Aviation Bankruptcy Case to Liquidation
- February 19, 2021, 12:31 PM With most of its salable assets already in the hands of other entities, the nearly six-year run of Albuquerque, New Mexico-based One Aviation came to an end Thursday with an order by U.S. Bankruptcy Court Judge Christopher S. Sontchi to liquidate the company’s remaining assets. “I've lost confidence in management,” Sontchi said in converting One Aviation's reorganization effort, which began in October 2018, to Chapter 7 liquidation. “We need an independent fiduciary to come into this case and have a look at it…we need to stop the music here.” None ...