As you likely heard, Judge Lane approved the Debtors’ motions regarding the Rule 9019 settlement of the Clayton Act and authorizing immediate consummation of the Plan and the Merger. The Court also denied the Alioto Plaintiffs’ motion for a temporary restraining order. As part of the bench ruling during a thirty minute hearing that just…
Category: Bankruptcy
Judge Lane Says He’ll Render Decision on AA Bankruptcy By Wednesday, Latest
Yesterday, a Bankruptcy Court hearing was held on three motions – two brought by American Airlines and one filed by individual plaintiffs, who contend that the merger violates the anti-trust law (“Clayton Act Plaintiffs”). In American’s motions, the Company is asking the Court (1) to approve the Settlement Agreement between American, US Airways, the U.S.…
TWU Equity Distribution Committee – Status Report DATE: November 7, 2013
MEMORANDUM FROM: TWU Equity Distribution Appeals Panel: Gary Peterson, John Plowman, Sam Cirri and Jim Fudge RE: Status Report DATE: November 7, 2013 A Panel of four members of the TWU Equity Distribution Appeals Committee held the Committee’s second meeting on November 4, 5 and 6 at the offices of The Labor Bureau Inc., in…
Here is a bit of information that was posted back in November 5, 2013 Concerning the 1114 Bankruptcy and Retirees..
IMPORTANT UPDATE REGARDING THE 1114 AND RETIREES November 5, 2013 On October 21, 2013, the United States Bankruptcy Court overseeing American Airlines chapter 11 bankruptcy case entered an order confirming American Airlines chapter 11 plan. There has been some confusion about what the confirmation order means for American’s 40,000 plus retirees and their benefits. The…
514 – What’s on the plate
TWU 514 Safety We are looking for two Safety Coordinators One from MLS (Stores) One from Facilities Maintenance 2014 Annual Benefits Enrollment my.aa.com November 1-15, 2013 DECIDE For 2014 Expenses WATCH Health Reimbursement Account (Standard) Health Savings Account (Core) Health Incentive Account (Value) FIND Preferred Administrators Map City of Tulsa General Election Tuesday, November 12,…
757 Position Letter
We appreciate the opportunity for Local 514 to assist in this complex and arduous question. We will attempt to be succinct in what we believe to be the correct application of the award issued by arbitrator Fredric Horowitz on August 5, 2013. “The affected employees are those in Tulsa, AFW, and DWH working directly in…
Equity Distribution & Health Insurance Appeal Letter, 10-7-2013
Brothers and Sisters, It has come to my attention that many have not received letters concerning their place in the equity stake. I want to share with you the facts on these letters. There have been two letters sent out to date. One covering your the Health Insurance overpayment portion One for the Equity Distribution…
514 – What’s on the plate
TWU International Convention The 2013 – TWU International Board of Executives HERE Resolution: Protecting the Airline Industry’s Maintenance Craft HERE Combining Shops Powerplant Machine Shop Combination Shops 259-1, 256-2, & 256-1 The TWU will be moving most of the equipment, the extremely heavy machines will be done by an outside vendor. CRO Exteriors Shops 279-1…
TWU Equity Appeals Process and Deadline
The 30 day appeals window opened on September 23, 2013 and will close on October 23, 2013. All appeals on both the Equity Distribution and Health Insurance will need to be postmarked by October 23, 2013 to be considered as a timely appeal. Anyone filing an appeal should send the appeal by certified mail with…
2014 Surplus
On Monday September 16, 2013, Bill Collins and his staff met with the Local TWU officers, Chairman, and E-board to review the workload for 2014 and 2015. The speculation that a merger with USAir ways would keep the Tulsa base at 90% capacity for two years was information not known to AA management. International President…