United Kingdom · Question · Written question
HL HL2729
Monarch Airlines: Insolvency
Introduced
31 October 2017
Last action
13 November 2017 · Answer
Status
Answered
Sponsors
—
Subjects
Aviation
Source updated
13 November 2017
Summary
To ask Her Majesty's Government whether they asked Greybull Capital, or any other secured creditor of Monarch Airlines, to subordinate their security to grant precedence to HM Government in respect of costs incurred by the taxpayer in repatriating custome
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Timeline
31 October 2017
Written question
To ask Her Majesty's Government whether they asked Greybull Capital, or any other secured creditor of Monarch Airlines, to subordinate their security to grant precedence to HM Government in respect of costs incurred by the taxpayer in repatriating custome
Source: Lords
13 November 2017
Answer
There is no formal legal mechanism we can use to oblige Greybull to contribute towards the cost of repatriating passengers. However, Marc Meyohas, partner at Greybull has written[1] to the Transport Select Committee acknowledging a moral obligation (if th...
Source: Written answer
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Sponsors
- · Department for Transport · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2017-10-31/HL2729
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/781208
- uk · wq-781208 · source updated 13 November 2017