Originally Posted by
Releasemaster
Update: A motion has been filed seeking an emergancy hearing on Mesa entering into a new letter of credit with a bank. Current LoCs Mesa has have expired or will on 12FEB10. The motion states the credit is needed to continue day to day operations and employee compensation. Bank is agreeing to motion but it must come before the court for approval.
Right now numerous muncipalities have filed claims againsit Mesa for taxes not paid. Totals in the low millons with city of Denver claiming over a million dollars and state of Arizona claiming over two mil. These are the two largest tax claims.
Finally several lessors of two DH8B have filed objections to returns due to not being given enough formal notice and Mesa not upholding to stipulations on planes condition upon return.
The music is playing let the dance begin!!! No way they can get arround taxes. Those will have to be paid or settled before the rest of the creditors get their peice of the pie..What bank is willing to give Mesa money??? Did they take TARP money too ...???