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Deutsche Bahn

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LATAM Airlines Group has announced that it will file to reorganize under Chapter 11 protection of the United States Code.

The restructuring involves subsidiaries in Chile, Colombia, Peru, Ecuador, the United States of America, the Cayman Islands, and the Netherlands. Subsidiaries based in Argentina, Brazil, and Paraguay are not included in this procedure.

The Brazilian subsidiary has received a state monetary contribution, but there have been no news or announcements of additional financing for Argentina and Paraguay at present.


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