January 9, 2018 / 10:55 AM / a year ago

Niki appeals against German court ruling on insolvency

KARLSRUHE, Germany, Jan 9 (Reuters) - Niki, the Austrian unit of collapsed Air Berlin, has filed an appeal with Germany’s supreme court against a lower court ruling that its insolvency should have been filed in Austria not Germany, hoping to salvage a deal to sell itself to British Airways owner IAG .

“The case will be handled swiftly,” a spokeswoman for the court said on Tuesday.

The appeal was filed on Monday, after a regional court for Berlin said it would reverse a lower court’s Dec. 13 decision to allow insolvency proceedings for Niki in Germany. (Reporting by Ursula Knapp; Writing by Maria Sheahan; Editing by Christoph Steitz)

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