The U.S. Trustee for Region 2 on May 22, 2020, appointed a committee to represent unsecured creditors in the Chapter 11 cases of Avianca Holdings S.A. and its affiliates.
The committee members are:
1. Caja de Auxilios y Prestaciones de la Asociacion
Colombiana de Aviadores Civiles Acdac
Calle 99# 10-19 of 402
Attn: Daniel Ignacio Nino T, CEO
2. The Boeing Company
1301 SW 16th Street
Mail Code 30-28
Renton, Washington 98507
Attention: Joseph F. Cascio, Senior Counsel
Telephone: (206) 662-3164
3. Puma Energy
18 Calle, Boulevard Los Proceres
24-69 Zona 10, Edif. Zona Predera
Torre 4, Nivel 15. Ciudad de Guatemala, Guatemala
Attention: Victor Hugo de Dios Morales
Regional Aviation Manager
4. SMBC Aviation Capital, Ltd.
IFSC House, IFSC
Dublin 1, Ireland
Attention: David Swan, Director
Telephone: +353 87 997 8820
5. KGAL Investment Management GmbH & Co KG
Tolzer Strasse 15
82301 Grunwald Germany
Attention: Jennifer Tan-Waldhauser
Telephone: +49 89 64143-357
6. Delaware Trust Company
251 Little Falls Drive
Wilmington, Delaware 19808
Attention: Michelle Dreyer
Corporate Trust Administration
Telephone: (302) 636-5806
7. Colombian Pilots Union
AV Calle 116 # 71D–08
Attention: Jaime Alberto Hernandez Sierra
President of Colombian Pilots Union
Telephone: +57 (311) 450-3457
Official creditors’ committees serve as fiduciaries to the general population of creditors they represent. They may investigate the debtor’s business and financial affairs. Committees have the right to employ legal counsel, accountants and financial advisors at a debtor’s expense.
Avianca is the commercial brand for the collection of passenger airlines and cargo airlines under the umbrella company Avianca Holdings S.A. Avianca has been flying uninterrupted for 100 years. With a fleet of 158 aircraft, Avianca serves 76 destinations in 27 countries within the Americas and Europe.
Avianca Holdings S.A. and its affiliates sought protection under Chapter 11 of the Bankruptcy Code (Bankr. S.D. N.Y. Lead Case No. 20-11133) on May 10, 2020. At the time of the filing, Debtors disclosed $7,273,900,000 in assets and $7,268,700,000 in liabilities.
Judge Martin Glenn oversees the cases.
Debtors tapped Milbank LLP as general bankruptcy counsel; Urdaneta, Velez, Pearl & Abdallah Abogados and Gomez-Pinzon Abogados S.A.S. as restructuring counsel; Smith Gambrell and Russell, LLP as aviation counsel; Seabury Securities LLC as financial restructuring advisor and investment banker; FTI Consulting, Inc. as financial restructuring advisor; and Kurtzman Carson Consultants LLC as claims and noticing agent.