Aircraft
Creditors Ask Court To Force One Aviation Liquidation
After 19 months with no resolution in the Chapter 11 bankruptcy case of One Aviation, unsecured creditors have moved to convert the case to liquidation.

The unsecured creditors committee (UCC) in the ongoing Chapter 11 bankruptcy case of aircraft manufacturer One Aviation requested a hearing to convert the case into Chapter 7 liquidation in a court filing last week. One Aviation entered Chapter 11 in October 2018, intending for an expedited trip through bankruptcy court and emergence by the end of that year under ownership by the Chinese-backed investment group Citiking International.