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Delays in Virgin deal, Deloitte asks for more time – The Australian Financial Review

Virgin Australia administrator Deloitte will retain the keys to the airline until at least September 4, after delaying the all important creditor vote by one week.

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Virgin Australia administrator Deloitte will retain the keys to the airline until at least September 4, after delaying the all important creditor vote by one week.
Deloitte’s Vaughan Strawbridge and his team have had control of Virgin Australia and its sale since April.  Louise Kennerley
Street Talk can reveal Deloitte asked Virgin’s Creditors Committee of Inspection, the formal creditor representative group, to push the second creditors meeting back one week to September 4 and give it more ti…

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