COVID-19 sees Virgin administrators absolved of liability on unprecedented scale

Restructuring & Insolvency 2020-05-15 4:40 pm By Alison Eveleigh Sydney

The administrators of Virgin Australia have been absolved of personal liability for the ongoing operation of the embattled airline on an unprecedented scale, with Australia’s airline duopoly and the effects of the COVID-19 pandemic justifying the “extraordinarily wide” orders.