Gov’t: EDB sold its stake in Seaborne prior to bankruptcy filing
January 11, 2018
The Puerto Rico Economic Development Bank confirmed Wednesday the government entity will not be harmed by Seaborne Airlines bankruptcy filing, as it sold its 20 percent stake in the company last summer in anticipation of this decision.
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Corporate Ladder: Execs named in construction, insurance, hospitality
January 11, 2018
The first edition of Climbing the Corporate ladder in 2018 announces appointments in the areas of construction, insurance and Puerto Rico’s hospitality industries.
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Seaborne Airlines files for Ch. 11, selling itself to Silver Airways
January 10, 2018
Sea Star Holdings Inc., parent company for Seaborne Puerto Rico LLC, Seaborne Virgin Islands Inc. and affiliates, announced it has commenced a voluntary Chapter 11 bankruptcy reorganization proceeding to implement new financing and a sale of its assets to Silver Airways, LLC.
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