AA Bankruptcy Court Update, Aug. 30, 2013

US Bankruptcy Court

 

At the scheduling conference this morning in District Court in Washington, D.C. on the DOJ complaint, the District Court set a trial date of November 25, 2013 and a status conference for October 1, 2013. This is well in advance of the March trial date requested by the government. Further, this does not prevent the Bankruptcy Court from issuing a formal decision and order on confirmation of the plan of reorganization since post confirmation, even if approved by the Bankruptcy Court, there must still be regulatory approval of the merger before the merger can formally close.

Lowenstein Sandler LLP
Sharon L. Levine