Originally Posted by
RyanP
Just read the 18 page document. It will be a glorious day if the judge throws out the Republic agreement. Probably not likely, but possible.
The main arguments are that the financial information of the pro's and con's of this deal were not ever even disclosed to the affected parties, including the debtors.
Also, the fact that they made Eagle take concessions for MILLIONS so we could become competitive and market rate, then they disregarded that, continued to shrink us with no plan for replacements and gave flying away anyway.
There is questions to the decision making, or lack of, and if there was even any consideration of Eagle's future at all. Which could be a problem for the debtors obviously if Eagle is made worthless. Remember this is all happening inside a bankruptcy case and there has to be good reason for all these decisions and the debtors need to be protected.
AEPA and TWU also filed..
From what I could comprehend of the letter, it seemed pretty well constructed and brought up good points. Unfortunately, I have a feeling this will be Judge Lane's reaction
Objection...Overruled - YouTube