Noerr has advised Condor Flugdienst GmbH.
Condor Flugdienst GmbH completed its successful reorganisation in protective shield proceedings.
The creditors’ meeting approved Condor’s restructuring plan on 22 October, clearing the way for the company to leave the protective shield proceedings.
This decision cannot be appealed. The airline will therefore exit the ‘protective shield’ proceedings at the end of November. The second reorganisation plan was submitted to Frankfurt am Main Local Court at the end of August. The plan includes measures that Condor will put in place for its future without Thomas Cook. It is intended that a restructuring shareholder belonging to Noerr LLP, SG Luftfahrt GmbH, will hold the shares in Condor until a sale takes place.
Condor has been flying its guests to the most beautiful holiday destinations in the world since 1956. Every year, around 9.4 million passengers fly with Condor from eight German airports to around 90 destinations in Europe, Africa and America.
Condor operates a fleet of more than 50 aircraft, which are maintained by its subsidiary Condor Technik GmbH according to the highest safety standards at its Frankfurt and Düsseldorf locations.
Noerr team was led by Dr Thomas Hoffmann (Picture) and Marlies Raschke and included Andreas Naujoks, Dr Torsten Wehrhahn, Dr Kolja Dörrscheidt, Sarah Blazek, Dr Torsten Kraul, Emma Lenze, Dr Tobias Dolde, Dr Hans-Christoph Schimmelpfennig, Dr Andrea Braun, Eike Hofmann, Dr Kenny Koa, Dr Dorian Legel, Dr Daniel Dommermuth and Dr Michael Wilhelm Weber.
Involved fees earner: Sarah Blazek – Noerr; Andrea Braun – Noerr; Tobias Dolde – Noerr; Daniel Dommermuth-Alhäuser – Noerr; Kolja Dörrscheidt – Noerr; Thomas Hoffmann – Noerr; Eike Hofmann – Noerr; Kenny Koa – Noerr; Torsten Kraul – Noerr; Dorian Legel – Noerr; Emma Lenze – Noerr; Andreas Naujoks – Noerr; Marlies Raschke – Noerr; Hans-Christoph Schimmelpfennig – Noerr; Torsten Wehrhahn – Noerr; Michael Wilhelm Weber – Noerr;
Law Firms: Noerr;
Clients: Condor Flugdienst GmbH;