Originally Posted by eaglefly

Quite a show in court today and the dogs are still at it. UCC lawyer admits debtor needs a deal with pilots prior to chapter 11 exit. Seems the creditors are getting antsy about a long dragged out process and are even more concerned about the possibility of dealing with the pilots outside the chapter 11 process. AMR lackey on stand can't seem to provide necessary info on why the original 20% concession demand they are still seeking is appropriate vs. the revised figures claiming only 17% is needed. Appears AMR isn't going to get a slam-dunk today, but court still in session with no ruling from judge............yet.