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Old 11-29-2011, 04:48 AM
  #41  
Check Essential
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Joined APC: Dec 2007
Position: 737 ATL
Posts: 3,506
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The court motions are not on line yet on the Southern District website.
Did AMR's filing include a motion to stop lump sum pension pay outs?
They can do that if the fund threatens to fall below a certain liquidity level. That's what Delta did except there was a delay after the bankruptcy filing.

I expect a lot of pilots will put in their notice to retire effective Dec 1st.
This may be the last chance to get at those lump sums.

A lot of guys now have only 2 days to make a huge life decision.
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