Order Authorizing the Retention of The Garden City Group The Court entered an order authorizing the retention of The Garden City Group as claims and noticing agent, retroactive to the petition date. The Garden City Group will have full responsibility for the distribution of notices and the maintenance, processing and docketing of proofs of claim…
Tag: Court
TWU – AMR Update 01/06/12 – Bankruptcy Court
Stipulation between the Debtors and Milagros Ponce to Modify the Automatic Stay The Debtors propose to enter into a stipulation with Milagros Ponce (the “Claimant”). According to papers filed with the Court, the Claimant is a plaintiff in a lawsuit against certain of the Debtors and non-debtors (the “Non-Debtor Defendants”) that is pending in the Supreme…
AMR – Pleading Update 1/5/2012
Application to Employ Rothschild as Financial Advisor and Investment Banker The Debtors recently filed an application seeking to employ Rothschild, Inc. (“Rothschild”) as financial advisor and investment banker in accordance with the terms and conditions of an engagement letter dated October 17, 2011. According to the application, Rothschild has more than forty (40) offices in…
Docket Update 12/13/11 – AA Bankruptcy
Stipulation between American Airlines and Morgan Stanley Capital Group Inc. The Debtors have proposed to enter into a stipulation with Morgan Stanley Capital Group Inc. (“Morgan Stanley”). According to papers filed with the Court, Morgan Stanley and American Airlines, Inc. (“American”) are parties to a derivatives contract (the “Contract”) that allows American to hedge certain…
Court Update 12/13/11 – AA Bankruptcy
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…
Court Update 12/11/11 – AA Bankruptcy
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…
Motion Update 12/08/11 – AA Bankruptcy
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…
Docket Update 12/7/11 – AA Bankruptcy
Published 12/07/2011 Goodrich Corporation (“Goodrich”) filed a limited objection to the Debtors’ motion for entry of an order establishing and implementing exclusive and global procedures for the treatment of reclamation claims (the “Reclamation Procedures Motion”) and the Debtors’ motion for entry of an order establishing procedures for the assertion, resolution and satisfaction of claims asserted…
Court Update 12/6/11 – AA Bankruptcy
The Debtors filed a motion to reject 24 aircraft and engine leases. Specifically, the Debtors seek to reject aircraft and engine leases with the following parties: AWAS Aviation Services Banc of America Leasing & Capital, LLC Bank of America, N.A. Bank of Utah City National Bank Deutsche Bank Trust DFO Partnership Jetscape Inc. John Hancock…
Court Update 12/1/11 – AA Bankruptcy
The Debtors scheduled a hearing on December 13, 2011 at 2:00 PM on the following motions: Interim Order (I) Authorizing 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 Interim Motion of Debtors for Entry of Order…