Lawsuit against DAL/NWA merger
07-24-2008 | 12:22 PM
#1
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Gets Weekends Off
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From: CR7 Capt
Lawsuit against DAL/NWA merger
This officially tanked the stock today. I was hopping for 9.50 a share so I could sell off half my shares to split into different companies. Hope this doesn't put a hamper on the merger too. arghhhh
Trial set in suit to block Delta-Northwest deal: Financial News - Yahoo! Finance
Trial set in suit to block Delta-Northwest deal: Financial News - Yahoo! Finance
07-24-2008 | 12:26 PM
#2
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This officially tanked the stock today. I was hopping for 9.50 a share so I could sell off half my shares to split into different companies. Hope this doesn't put a hamper on the merger too. arghhhh
Trial set in suit to block Delta-Northwest deal: Financial News - Yahoo! Finance
Trial set in suit to block Delta-Northwest deal: Financial News - Yahoo! Finance
07-24-2008 | 12:30 PM
#3
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From: Guppy Commander
those passengers are morons. Ticket prices are going to go up regardless. Why arent they suing to keep the carriers that have gone out of business in business? I mean after all that decreases competition also 
07-24-2008 | 03:51 PM
#5
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From: 747-400 Captain
This officially tanked the stock today. I was hopping for 9.50 a share so I could sell off half my shares to split into different companies. Hope this doesn't put a hamper on the merger too. arghhhh
Trial set in suit to block Delta-Northwest deal: Financial News - Yahoo! Finance
Trial set in suit to block Delta-Northwest deal: Financial News - Yahoo! Finance
1. The court has no standing, thus the judge will almost assuredly have to dismiss it on summary judgement - probably before the trial starts.
2. The pax can show no damages. You cannot win a suit against some entity with a claim of what might happen in the future. They're claiming damages for the after-effects of a merger that they're suing to prevent.
3. Dept of Justice has sole authority in airline mergers. A court ruling claiming to hold an order over DOJ would be appealed by DOJ as a violation of law - and they would be right.
Just another example of being able to sue anyone for anything...but you can't win this one.
Carl
07-25-2008 | 11:31 AM
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This has come up before, but it's worth repeating.
1. The court has no standing, thus the judge will almost assuredly have to dismiss it on summary judgement - probably before the trial starts.
2. The pax can show no damages. You cannot win a suit against some entity with a claim of what might happen in the future. They're claiming damages for the after-effects of a merger that they're suing to prevent.
3. Dept of Justice has sole authority in airline mergers. A court ruling claiming to hold an order over DOJ would be appealed by DOJ as a violation of law - and they would be right.
Just another example of being able to sue anyone for anything...but you can't win this one.
Carl
1. The court has no standing, thus the judge will almost assuredly have to dismiss it on summary judgement - probably before the trial starts.
2. The pax can show no damages. You cannot win a suit against some entity with a claim of what might happen in the future. They're claiming damages for the after-effects of a merger that they're suing to prevent.
3. Dept of Justice has sole authority in airline mergers. A court ruling claiming to hold an order over DOJ would be appealed by DOJ as a violation of law - and they would be right.
Just another example of being able to sue anyone for anything...but you can't win this one.
Carl
Does anyone think I can sue these people for fracturing my hand while beating the ever-loving crap out of them?
And if I can, anyone want to go in for an attorney with me?
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