Judge Allows ‘Unusual’ One Aviation Sale to Proceed
One Aviation can proceed with an expedited sale of its assets to a new buyer, a U.S. Bankruptcy Court judge ruled on September 3.
One Aviation, the manufacturer of the Eclipse 500/550, has been permitted by a U.S. Bankruptcy Court judge to proceed with an expedited sale of its assets to a new buyer, SEF OA LLC. This effectively shuts out previous debtor-in-possession and presumed buyer Citiking International US. (Photo: Chad Trautvetter/AIN)
