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…
Tag: Sharon Levine
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…
AA Bankruptcy Update – Sharon Levine Addressing the Facts, 7-30-2012
TWU Bankruptcy Attorney, Sharon Levine, addresses the facts of the AMR bankruptcy and its impact on workers. Watch this video. [youtube_video id=”LBDHbMdxtxk”]