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…
Tag: Decision
Court Update Sept 12, 2012
On September 12, 2012, the Bankruptcy Court approved the motion of American Airlines to authorize American to enter into the new collective bargaining agreements with the Mechanic & Related and Stores employee groups and the related Settlement Letter and Letters of Memorandum. In addition, the Bankruptcy Court approved American’s motion to authorize it to enter…