China Financial Daily

East Star Airlines will pay re-apply for reconstructing
ɺˀϟstruggling in the East Star Airlines on June 30 made a special trip to Beijing, held a media information and communication will be issued a solemn statement, again questioned the Wuhan City Court designated by the legitimacy of the insolvency administrator credentials. East Star Airlines said that while in the hospital in Wuhan has rejected his application for bankruptcy reorganization, but the company will continue to apply.
East Star Airlines Long Legal Counsel Law Firm partner, said Liu Xiaoming, the Supreme People’s Court list of the provisions of the insolvency administrator, usually accounting firms, law firms and other social intermediaries, or that the insolvency administrator with qualified individuals. In the Wuhan East Star Court designated by the insolvency administrator of the Legislative Affairs Office of Wuhan City, the traffic committee composed of government departments and so on, obviously not in the list of the roster.

East Star Airlines authorized announced yesterday that matter, East Star Airlines is currently a total of more than 120 creditors, through the initial contact, 75% of the creditors are willing to choose bankruptcy reorganization, but questioned the strength of community-yu Shanghai. At present, East Star Airlines recognized the debt of about 420 million yuan.

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