The Bankruptcy Court today conducted a hearing about confirmation of the AMR plan of reorganization. At the outset of the hearing, the Court read a prepared statement stating that it has questions about whether the confirmation hearing should proceed in light of the Justice Department lawsuit. The Court directed briefing on this issue and will…
Tag: Court
AMR- hearing on Thursday, June 27, 2013 – Bobby Gless
Brothers & Sisters, All individual claims that were scheduled to be heard/dismissed at tomorrow’s Omnibus hearing have been postponed (the rescheduled day has not determined yet). Only claims related to a Willie Ray Williams (20 different individual claims) are still on the docket and will be heard/dismissed. Please pass this on to any member…
AA Bankruptcy Court Update May 30, 2013
The Bankruptcy Court today held a hearing on the Debtors’ motion seeking entry of an order approving the memoranda of understanding (the “MOU”s) among certain of the Debtors, US Airways, Inc. and any successor (“US Airways”) and the unions representing the Debtors’ and US Airways’ pilots and certain of the Debtors, US Airways and the…
We have revised dates for the bankruptcy hearings on the AMR/AA plan of reorganization
AMR/American Airlines filed notice Thursday that the hearing on its disclosure statement has been moved to June 4 from May 30. So let’s do a revised, longer list of the dates going forward. Noon May 24 Deadline to file objections to the disclosure statement on the plan of reorganization. 10 a.m. June 4 Hearing before…
AA Bankruptcy Update, April 16, 2013
On the evening of April 15, 2013, American Airlines, Inc. and its affiliates (“AMR”) filed their proposed plan of reorganization (the “Plan”) and related disclosure statement (“Disclosure Statement”) with the Bankruptcy Court along with a motion (the “Motion”) requesting the Bankruptcy Court to establish various deadlines and hearing dates leading up to approval and confirmation…
AA Bankruptcy Court Update March 27, 2013
By motion filed with the Court on February 22, 2013, the Debtors sought approval of AMR’s execution of and entry into an Agreement and Plan of Merger (the “Merger Agreement”) among AMR ,the so-called AMR Merger Sub, Inc. (“Merger Sub”), and US Airways Group, Inc. (“US Airways”), dated February 13, 2013. The Debtors submit that…
AA Bankruptcy – Court Update Mar 19, 2013
As you may recall, on July 6, 2012. AMR filed a complaint asking the bankruptcy court to declare that none of AMR’s current retirees (both union or non-union) have a vested right to retiree medical benefits. AMR asserts that under ERISA, the health and welfare benefits the debtors provide to current retirees (including TWU…
Summary of January 23, 2013 Bankruptcy Court Hearing Regarding Retiree Benefits Issues
The bankruptcy court heard argument at a hearing held on January 23, 2013 at 2:00 p.m., to consider American Airline’s (“AA”) motion (the “Motion”) for summary judgment for a declaration that AA has the unilateral right to modify or terminate “retiree benefits” for all its retirees because the benefits were not legally “vested.” It should…
Court Update Jan 23, 2013
This morning the bankruptcy court approved four motions filed by American Airlines to assume, as modified, four prepetition aircraft purchase agreements with Airbus, Boeing, GE and Rolls Royce. These agreements, as modified, include agreements to fix the amount of claims to be allowed in favor of the four aircraft vendors as well as releases in…
Debtors’ Motion in Limine to Limit Scope of Hearing on Renewed 1113 Motion
0n August 23, 2012, the company filed a motion with the bankruptcy court seeking an order to limit the scope of evidence that may presented at the renewed hearing scheduled for September 4, 2012, to reject the collective bargaining agreement with the Allied Pilots Association. The company is seeking to limit evidence only to the…