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Read more →The Court has granted the following motions: Motion of Debtors for Entry of Order Pursuant to 11 U.S.C. §§ 105(a) and 546(c) Establishing and Implementing Exclusive and Global Procedures for Treatment of Reclamation Claims [Docket No. 13] Motion of Debtors for Entry of Order Pursuant to 11 U.S.C. §§ 105(a) and 503(b)(9) Establishing Procedures for…
In a letter to the paper published last week, President Little said, The premise of your editorial “The AMR Union Warning” (Dec. 1) about AMR’s bankruptcy filing—that workers and unions are unwilling to address changing circumstances—is simply false. In 2003, responding to industry challenges following 9/11, members of our union and other workers at American…
Per the instructions of the IAC letter, the negotiating committees have appointed the following people to the Post 1113C Committee: NAME Local Craft & Class David Virella 501 Fleet Service Donald Dougherty 513 Facilities Maintenance John Hewitt 514 M&R – Base Jason Best 514 Mntc. Control Technicians Jim Fudge 541 Simulator Technicians Mike Cook 541…
On the day the Debtors filed their chapter 11 cases, they also filed a motion asking the Bankruptcy Court for permission to assume (i.e. “honor”) certain contracts with third parties. The motion seeks to assume hundreds of agreements that fall into the categories listed below. On Friday, the Debtors added to the list of agreements…
The Debtors filed a Notice of Presentment of a proposed order establishing certain notice, case management and other administrative procedures (the “Proposed Order”). The Proposed Order provides certain procedures for the general administration of the Debtors’ cases, including, among other things, pleading requirements and service requirements. The Proposed Order also provides procedures with regard to…
Q. If a plan is nearly fully funded, does the law allow PBGC to treat the plan differently as to payouts or is the non distressed status irrelevant? A. The PBGC treats all terminated plans the same, regardless of the level of the funding before termination. Q. If I am already retired can the bankruptcy…