A top unsecured creditor of bankrupt Dynamic International Airways LLC is attempting to force the High Point charter airline into liquidating its assets.
The bare-bones filing in U.S. Bankruptcy Court for the Middle District of N.C. came about seven weeks after Dynamic lost a legal fight in U.S. District Court for the Middle District.
Since declaring bankruptcy, the airline has continued normal operations through funding from a credit facility.
PMC Aviation LLC of Greensboro is owed $1.19 million, representing an arbitration judgment reached in April that Dynamic disputes. Dynamic says i…
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