In re: AVIANCA HOLDINGS S.A., et al.,1 Debtors., 632 B.R. 124

Summary

HOLDINGS: [1]-Chapter 11 debtors' third amended disclosure statement contained adequate information as required by 11 U.S.C.S. § 1125 and had sufficiently addressed the objections of the United States Trustee, including clarifying that the third-party releases did not apply to apply to impaired creditors who were deemed to reject and therefore did not vote on plan confirmation, and unimpaired creditors who were deemed to accept would be provided the opportunity opt-out of the releases.