{"id":8041,"date":"2018-03-23T16:05:09","date_gmt":"2018-03-23T16:05:09","guid":{"rendered":"https:\/\/www.drlawyer.com\/deutsch\/?p=8041"},"modified":"2019-03-12T14:17:26","modified_gmt":"2019-03-12T14:17:26","slug":"guzman-ariza-represents-pawa-in-first-major-bankruptcy-proceeding-in-the-dominican-republic","status":"publish","type":"post","link":"https:\/\/www.drlawyer.com\/deutsch\/guzman-ariza-represents-pawa-in-first-major-bankruptcy-proceeding-in-the-dominican-republic\/","title":{"rendered":"Guzm\u00e1n Ariza represents PAWA in first major bankruptcy proceeding in the Dominican Republic"},"content":{"rendered":"<p>PAWA Dominicana (Pan Am World Airways Dominicana) is the international flag carrier of the Dominican Republic, with scheduled flights to multiple destinations in the Caribbean and the United States.<\/p>\n<p>Guzm\u00e1n Ariza is representing PAWA in the first major bankruptcy\/restructuring proceeding in the Dominican Republic under the new Mercantile Restructuring Law 141-15, a process which will involve hundreds of national and international creditors. The Restructuring Court in Santo Domingo accepted the firm&#8217;s bankruptcy filing request and has authorized preliminary proceedings to begin.<\/p>\n<p>Partners <a href=\"https:\/\/www.drlawyer.com\/deutsch\/attorney\/fabio-j-guzman-saladin\/\">Fabio\u00a0Guzm\u00e1n Salad\u00edn<\/a>, <a href=\"https:\/\/www.drlawyer.com\/deutsch\/attorney\/alberto-reyes-baez\/\">Alberto Reyes<\/a> and <a href=\"https:\/\/www.drlawyer.com\/deutsch\/attorney\/rhadaisis-espinal\/\">Rhadaisis Espinal<\/a> lead the legal team assisting PAWA.<\/p>\n<p>In January 2018, without prior notice, the Civil Aviation Authority of the Dominican Republic suspended PAWA&#8217;s operations for a period of 90 days, alleging nonpayment of airline and airport fees, leaving thousands of passengers stranded all over the Caribbean. Within a few days the airline was left with no choice but to file for bankruptcy.<\/p>\n<p>[March 2018]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PAWA Dominicana (Pan Am World Airways Dominicana) is the international flag carrier of the Dominican Republic, with scheduled flights to multiple destinations in the Caribbean&hellip;<\/p>\n","protected":false},"author":4,"featured_media":3248,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[17,34],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Guzm\u00e1n Ariza represents PAWA in first major bankruptcy proceeding in the Dominican Republic Guzm\u00e1n Ariza | The Dominican Republic law firm<\/title>\n<meta name=\"description\" content=\"Top-gerangschikt Dominicaanse advocatenkantoor dat klanten bedient via 8 strategische locaties, waaronder Santo Domingo, Punta 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