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Go First Lenders Mull Litigation Financing Against Pratt & Whitney — BQ Exclusive

If they decide to go forward, the lenders and their advisers will approach overseas funds to finance the litigation.

<div class="paragraphs"><p>Pic/GoFirst Instagram</p></div>
Pic/GoFirst Instagram
Lenders to beleaguered Go First are discussing an option to finance the legal costs against engine manufacturer Pratt & Whitney, according to two people in the know.Lenders led by Bank of Baroda will finalise the plan in a meeting later on Thursday, the two people mentioned above told BQ Prime on the condition of anonymity.The lenders feel that they have a strong case against Pratt & Whitney as the airline’s bankruptcy is directly li...
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