When American Airlines filed for bankruptcy they took great pains to say to their customers that nothing will change, that they will still have their frequent flyer miles and service will continue. But they didn’t make the same promises to their employees about the future of their pensions. Recent comments by the company’s bankruptcy counsel,…
Passages
Passages “Death leaves a heartache no one can heal, love leaves a memory no one can steal.”
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AMR – Pleading Update, Published 12/20/2011
Reclamation Demands Under the Bankruptcy Code, if certain conditions are met, a creditor has the right to reclaim goods delivered to a debtor within 45 days of the debtor’s bankruptcy filing. Numerous creditors have filed reclamation demands with the Bankruptcy Court. 1. Brown Printing Company filed notice that it had served its written demand for…
The Fun Starts Here…
Public Ice Skating at the Tulsa Oilers Ice Center, January 1, 2012. From 1:00 pm to 5:00 pm FREE 918-252-0011 | OilersIceCenter.net | 6413 S. Mingo, Tulsa Exclusive for TWU members only, your union card is required for admittance. Full Posting in PDF
Docket Update 12/15/11 – AA Bankruptcy
Dallas/Fort Worth International Airport Board’s Objection to the Debtors’ Request for Entry of a Final Order on the Debtors’ Tax Motion Dallas/Fort Worth International Airport Board (“DFWIAB”) filed an objection to the Debtors’ motion for entry of an order authorizing the Debtors’ to pay prepetition taxes and assessments and authorizing financial institutions to honor and…
A Marines rendition of a Christmas Poem, Veterans Committee.
Christmas Poem TWAS THE NIGHT BEFORE CHRISTMAS, HE LIVED ALL ALONE, IN A ONE BEDROOM HOUSE MADE OF PLASTER AND STONE. I HAD COME DOWN THE CHIMNEY WITH PRESENTS TO GIVE, AND TO SEE JUST WHO IN THIS HOME DID LIVE. I LOOKED ALL ABOUT, A STRANGE SIGHT I DID SEE, NO TINSEL, NO…
Creditors Committee
The Creditors’ Committee balances the needs of all unsecured creditors. “Balance” means that no one group – certainly not hard-working employees who have already made voluntary concessions – should have to meet an unfair share of the costs of AMR management’s decision to file for bankruptcy. The Creditors Committee is typically made up of the…