E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 12/4/2017 in the Prospect News Distressed Debt Daily.

Zetta Jet USA Chapter 11 bankruptcy case conversion motion approved

By Caroline Salls

Pittsburgh, Dec. 4 – Zetta Jet USA, Inc.’s Chapter 11 bankruptcy case was converted to Chapter 7, according to an order filed Monday with the U.S. Bankruptcy Court for the Central District of California.

As previously reported, Zetta Jet Chapter 11 trustee Jonathan D. King filed the case conversion motion on Friday. King said the motion was filed at the request of the court.

The court called for a status conference to be held on Dec. 7, the motion said.

Zetta Jet is a Burbank, Calif.-based private aviation charter company. The company filed for bankruptcy on Sept. 15 under Chapter 11 case number 17-21386.


© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.