Originally Posted by
CPH-Flyer
I don't see a US bankruptcy court having any legal standing to enforce anything in a labour dispute between a Danish legal entity and Danish employees, not that I know enough about Swedish and Norwegian labour laws and systems but I would imagine that the influence of an American judge is equally slim.
The same should be true for Sweden. It seems that the attractiveness of US Chapter 11 for SAS is that it gives SAS a bit more time to try to restructure with its physical assets still in place, and that the management and board stays in control to a higher degree than what would be the case if there was a formal restructuring under Swedish law.