Please, current TA stipulates that fragmentation language would not be in effect during, and up to one year after leaving bankruptcy.
Other issue, is that if it came to it, the creditor, GECAS would simply reposess those aircraft, and lease them to whomever they wish. Not quite the same thing as Airways selling them to FedEx.
If the bank reposesses your home, and then sells it to someone else, you have no claim on it, nor can you say you "sold" it to the next owner.
Other issue, is that if it came to it, the creditor, GECAS would simply reposess those aircraft, and lease them to whomever they wish. Not quite the same thing as Airways selling them to FedEx.
If the bank reposesses your home, and then sells it to someone else, you have no claim on it, nor can you say you "sold" it to the next owner.
