AA urges court to confirm plan despite DOJ
#1
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Joined APC: Apr 2012
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AA urges court to confirm plan despite DOJ
http://www.leveragedloan.com/america...e-doj-lawsuit/
American Airlines urged the bankruptcy court overseeing its Chapter 11 proceedings to confirm its reorganization plan, notwithstanding the lawsuit filed earlier this month by the Department of Justice that is seeking to block the company’s merger with US Airways upon which the plan is premised...
American Airlines urged the bankruptcy court overseeing its Chapter 11 proceedings to confirm its reorganization plan, notwithstanding the lawsuit filed earlier this month by the Department of Justice that is seeking to block the company’s merger with US Airways upon which the plan is premised...
#5
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Joined APC: Jul 2012
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NEW YORK — A federal judge signaled Thursday that he is leaning toward approving American Airlines’ emergence from bankruptcy protection but wanted more time to reflect.
“I’m finding the arguments in favor of confirmation fairly persuasive,” Judge Sean H. Lane said from the bench. He could sign off on American’s restructuring plan at the next hearing on Sept. 12 or in a written decision prior.
“I’m finding the arguments in favor of confirmation fairly persuasive,” Judge Sean H. Lane said from the bench. He could sign off on American’s restructuring plan at the next hearing on Sept. 12 or in a written decision prior.
#9
This was supposed to be approved on August 15th with today being the official effective date.
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