The volume of claims against bankrupt Estonian state-owned airline Nordica has risen sharply since bankruptcy was declared last fall, reaching €85 million.
Most of Nordica’s assets consist of a claim against its subsidiary, Regional Jet.
When the Harju County Court declared Nordic Aviation Group bankrupt at the end of January, claims were initially estimated at €34 million.By the end of March—the deadline for submitting claims—that figure had more than doubled.
One of Nordica’s bankruptcy trustees, Tarmo Peterson, a partner at the law firm RASK, said: “March 28 was the deadline for creditors to submit their claims.
Read more: ERR.EE
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