11 August 2020
Thai Airways by its Foreign Representatives filed an application (Application) on 22 June 2020 in the Federal Court of Australia seeking orders, amongst other things, that the Thai reorganisation proceeding pursuant to Chapter III/I of the Bankruptcy Act B.E. 2483 in the Central Bankruptcy Court of Thailand (Thai Reorganisation Proceeding) be recognised in Australia under the Cross-Border Insolvency Act 2008 (Cth). On 23 June 2020, interim orders were made in relation to the Application (as subsequently varied), pending the hearing of the Application.
On 3 August 2020, the Application was heard and Justice Markovic ordered that the Thai Reorganisation Proceeding be recognised in Australia. Her Honour also ordered that aircraft lessors and Australians who may be creditors of Thai Airways be notified of her orders and that her orders be advertised in specified Australian newspapers and on the Thai Airways website.
Pursuant to the orders made on 3 August 2020, please find attached Form 21 : Notice of making of order under the cross-border insolvency act 2008 for your reference.
Please note that claims against Thai Airways will be dealt with in the Thai Reorganisation Proceeding.
For all enquiries regarding claims against Thai Airways, please contact your usual contact at Thai Airways or visit thaiairways.com for further information.