SAS AB

Case No. 22-10925


Case Background

On July 5, 2022, SAS and certain of its subsidiaries filed voluntary petitions for relief under chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of New York. 

The purpose of the chapter 11 filing is to accelerate SAS’ transformation process by implementing key elements of its SAS FORWARD plan. SAS FORWARD is a comprehensive business transformation plan that was launched to secure long-term competitiveness for SAS in the global aviation industry by improving its cost structure and financial position.

SAS’ operations and flight schedule are unaffected by the chapter 11 filing, and SAS will continue to serve its customers as normal.  

SAS’ case has been assigned to the Honorable Michael E. Wiles as Case No. 22-10925. The Docket can be accessed here or through the website maintained by the U.S. Bankruptcy Court for the Southern District of New York.

Additional information, including press releases and FAQs, is available at https://sasgroup.net/transformation.

Important Information & Dates

Deadline to File Claims

The Bankruptcy Court has set the following deadlines for filing proofs of claim:

  • General Bar Date: January 10, 2023, at 5:00 p.m. (Prevailing Eastern Time)
  • Governmental Bar Date: January 10, 2023, at 5:00 p.m. (Prevailing Eastern Time)

Click on "Submit a Claim" above to download the applicable proof of claim form and for more information regarding filing a claim against the Debtors.  Please click here to download the Bar Date Order and here to download the Bar Date Notice.

Meeting of Creditors

The Meeting of Creditors (the “Section 341 Meeting of Creditors”) was held on August 18, 2022 at 1:00 p.m. (prevailing Eastern Time). 

Please click here to view and download the Meeting of Creditors/Notice of Commencement document.

First Day Hearing

A hearing on the Debtors' First Day Motions was held on July 7, 2022 at 10:00 a.m.  (Prevailing Eastern Time). A hearing on certain of the First Day Motions was held on July 27, 2022, at 11:00 a.m. (Prevailing Eastern Time). A final hearing on certain of the First Day Motions was held on August 3, 2022 at 10:00 a.m. (Prevailing Eastern Time) before the Honorable Michael E. Wiles, United States Bankruptcy Court for the Southern District of New York, Courtroom 617, One Bowling Green, New York, NY 10004 (the “Final First Day Hearing”).

Please click below to view and download the Debtors' First Day Motions and Orders:

First Day Motions

First Day Orders


Dates

DonwlaodClaim
December 6 2022 Cancelled: Omnibus Hearing 10:00 a.m. (ET) Notice of Hear... Add to Calendar
December 8 2022 Omnibus Hearing 10:00 a.m. (ET) Notice of Agen... Add to Calendar
January 10 2023 General Bar Date 5:00 p.m. (ET) Order signed o... Add to Calendar
+ SHOW ALL DATES
July 5 2022
July 7 2022 10:00 a.m. (ET)
July 27 2022 11:00 a.m. (ET)
August 1 2022 10:00 a.m. (ET)
August 3 2022 11:00 a.m. (ET)
August 18 2022 11:00 a.m. (ET)
August 18 2022 1:00 p.m. (ET)
August 30 2022 11:00 a.m. (ET)
September 7 2022 4:00 p.m. (ET)
September 9 2022 11:00 a.m. (ET)
September 20 2022 11:00 a.m. (ET)
September 28 2022 11:00 a.m. (ET)
October 12 2022 10:00 a.m. (ET)
November 15 2022 2:00 p.m. (ET)
November 29 2022 10:00 a.m. (ET)
November 29 2022 11:00 a.m. (ET)
December 6 2022 10:00 a.m. (ET)
December 8 2022 10:00 a.m. (ET)
January 10 2023 5:00 p.m. (ET)
January 10 2023 5:00 p.m. (ET)

Parties

Debtors' Counsel

  • Weil, Gotshal & Manges LLP

    767 Fifth Avenue
    New York, NY   10152
    https://www.weil.com/
    Phone: 212.310.8000
    Fax: 212.310.8007

    Gary T. Holtzer
    Kelly DiBlasi
    David Griffiths
    Lauren Tauro

United States Trustee and Court Information

  • United States Bankruptcy Court

    Southern District of New York
    One Bowling Green
    New York, NY   10004
    http://www.nysb.uscourts.gov/
    Phone: 212.668.2870



  • United States Trustee

    U.S. Federal Office Building
    201 Varick Street, Suite 1006
    New York, NY   10014
    https://www.justice.gov/
    Phone: 212.510.0500
    Fax: 212.668.2361



Debtors

Case Number Debtor Name Petition Date
Case Number 22-10925 Debtor Name SAS AB Petition Date July 05, 2022
Case Number 22-10926 Debtor Name SAS Danmark A/S Petition Date July 05, 2022
Case Number 22-10927 Debtor Name SAS Norge AS Petition Date July 05, 2022
Case Number 22-10928 Debtor Name SAS Sverige AB Petition Date July 05, 2022
Case Number 22-10929 Debtor Name Scandinavian Airlines System Denmark-Norway-Sweden Petition Date July 05, 2022
Case Number 22-10930 Debtor Name Scandinavian Airlines of North America Inc. Petition Date July 05, 2022
Case Number 22-10931 Debtor Name Gorm Asset Management Limited Petition Date July 05, 2022
Case Number 22-10932 Debtor Name Gorm Dark Blue Limited Petition Date July 05, 2022
Case Number 22-10933 Debtor Name Gorm Deep Blue Limited Petition Date July 05, 2022
Case Number 22-10934 Debtor Name Gorm Sky Blue Limited Petition Date July 05, 2022
Case Number 22-10935 Debtor Name Gorm Warm Red Limited Petition Date July 05, 2022
Case Number 22-10936 Debtor Name Gorm Light Blue Limited Petition Date July 05, 2022
Case Number 22-10937 Debtor Name Gorm Ocean Blue Limited Petition Date July 05, 2022
Case Number 22-10938 Debtor Name Gorm Engine Management Limited Petition Date July 05, 2022