News Search:
Open the calendar popup.
Open the calendar popup.
   
Davis Polk Advises Frontier on the Confirmation of its Chapter 11 Plan of Reorganization
9/10/2009
Davis Polk & Wardwell LLP advised Frontier Airlines Holdings, Inc. in connection with the confirmation of its Plan of Reorganization in the Bankruptcy Court for the Southern District of New York. Davis Polk worked to successfully resolve all objections to Frontier’s Plan in advance of the hearing, which was therefore uncontested. Frontier is set to emerge from bankruptcy on or about October 1, 2009, as a wholly owned subsidiary of Republic Airways Holdings, Inc.

Frontier Airlines is the second-largest jet service carrier at Denver International Airport and serves more than 50 destinations in the U.S., Mexico and Costa Rica. Frontier Airlines Holdings, Inc. and its subsidiaries (including Frontier Airlines) filed voluntary petitions for reorganization under Chapter 11 of the U.S. Bankruptcy Code on April 10, 2008. Frontier’s 17-month Chapter 11 restructuring has been a great success, with Frontier set to emerge as a leaner and stronger competitor when many analysts expected it to liquidate soon after its Chapter 11 filing last year.

The Davis Polk insolvency and restructuring team included partners Marshall S. Huebner, Damian S. Schaible and Timothy Graulich and associates Darren S. Klein, Miya Kang, Adam Rachlis, Arvin I. Abraham, Alexander Young-Anglim, Alexandra C. Norton, Eli James Vonnegut and Steven C. Krause. The litigation team included partner Benjamin S. Kaminetzky and associates Elliot Moskowitz, Matthew R. Maddox, Daniel J. Schwartz, Matteo J. Rosselli, Jane H. Yoon and Karen Luftglass. The M&A team included partners Daniel G. Kelly Jr. and Julia K. Cowles and associates Peter M. Lamb and Carmen E. Atkins, all of the Menlo Park office. The finance team included partners Robert Heckart, Juliet Cain and Jason Kyrwood and associates Florian Feder, Carson T. Stewart and J.W. Perry. Partner Kathleen Ferrell and associate Joshua Ruland provided tax advice. Except as noted above, all members of the Davis Polk team are based in the New York office.