Restructuring Report
December 8, 2025 - Spirit Airlines, SilverRock Development, The Stephan Company, First Brands Group, 23andMe
6:29
This episode covers key developments in five major restructuring and bankruptcy cases:
Spirit Airlines seeks court approval for a $140 million engine settlement with International Aero Engines to resolve disputes stemming from the Pratt & Whitney engine crisis that grounded much of its fleet. The agreement includes engine credits, replacement leases, and new purchase commitments as the airline…