The dispute on the ownership of PT Metro Batavia’s assets has been on going since Batavia Air was declared bankrupt in 2013. We’ve had to follow a series of lawsuits coming from all directions, including the Company’s board of directors, the team of curators overseeing the Company’s bankruptcy, and from the Company’s former employees. Today, three years later, we’re seeing signs that the insolvency process will be over soon. The team of curators has just announced another plan to distribute the results of the auction of assets amounting to Rp17,61 billion to the Company’s creditors.To subscribe please click here
