Originally Posted by winglet

Mesa Air Group received relief today on providing financial reports to the court until the later of March 5th or five days prior to the Section 341 Meeting. This is one of the only meetings MAG will have to personally attend during the proceedings. This is the meeting where MAG will have to "fairly and honestly" represent their assets, income and debts under oath before the creditors and the trustee. This information will be vital in helping all parties to the bankruptcy determine the viability of MAG. (Remember those "skeletons" I was talking about? MAG better come clean before the courts or the trustee and creditors may not be inclined to restructure).

winglet