Broward County Commission Regular Meeting
Director's Name: Andrew J. Meyers
Department: County Attorney
Information
Requested Action
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MOTION TO AUTHORIZE Director of the Broward County Aviation Department ("BCAD") to execute documents and to take other actions as he deems necessary or advisable, subject to concurrence by the County Administrator, review and approval for legal sufficiency by the County Attorney's Office, and prompt report to the Board, to maximize the County's recovery or otherwise in the best interest of the County relating to the insolvency of Silver Airways LLC, including bankruptcy case 24-23623-PDR, to the extent such actions cannot practicably be delayed to allow Board consideration at the next regularly scheduled Board meeting.
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Why Action is Necessary
Necessary to provide the referenced authority to the BCAD Director in connection with an insolvent tenant at the Fort Lauderdale-Hollywood International Airport ("FLL").
What Action Accomplishes
Provides the referenced authority to the BCAD Director in connection with an insolvent tenant at FLL.
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Previous Action Taken
Summary Explanation/Background
On December 30, 2024, Silver Airways LLC ("Silver"), a tenant and signatory airline at FLL, filed for protection from creditors in the U.S. Bankruptcy Court for the Southern District of Florida. To date, the coordinated actions of BCAD and the County Attorney's Office have facilitated receipt of payment by Silver for most post-petition rents and fees owed to BCAD. On April 18, 2025, the Bankruptcy Court allowed Silver to borrow money from a prospective buyer, which is a likely precursor to the sale of the airline in the near future. A number of other issues are also pending in the bankruptcy proceeding, including a motion by the United States Trustee to dismiss the case.
In light of the expected upcoming flurry of activity in the case in the event of ...
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