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Sabre Holdings' litigation with AMR Corp. (American Airlines Inc.'s parent company) is ongoing, despite AMR's bankruptcy filing on Nov. 29, 2011. The litigation began in 2011 when AMR filed an antitrust lawsuit against Sabre and its competitor ...
A financial adviser for AMR, Rothschild Inc.’s David Resnick, said the company probably will consider a merger as part of its bankruptcy case because stakeholders will want to ensure they are getting the highest possible value. “They would ...
AMR filed for bankruptcy on Nov. 29, and Chief Executive Officer Tom Horton has said his preference was to exit Chapter 11 protection and then consider possible combinations. To contact the reporter on this story: Mary Schlangenstein in Dallas ...
When American Airlines knocked out the ORD-DEL flight a short while after they entered Chapter 11 protection, I was slightly crossed with them. And I had good reason to be, I had just started to earn top-tier status with AAdvantage due to the OneWorld ...
Let the fire sale begin. Now that the doors have officially shuttered ... Any deal would be subject to approval of the bankruptcy court, which has been overseeing Peninsula’s affairs. Peninsula closed its doors on April 9 following a debacle ...
The world-renowned 111-year-old orchestra, which expects to emerge from bankruptcy in about 90 days, has struggled with dwindling attendance and donations, shrinking endowment income, the recession and an aging audience. Orchestra president and CEO Allison ...
The case is In re AMR Corp. (AAMRQ), 11-15463, U.S. Bankruptcy Court, Southern District of New York (Manhattan). To contact the reporter on this story: David McLaughlin in New York at [email protected] To contact the editor responsible ...
I'm a big believer in limited government, keeping taxes, regulation and litigation low," Salahi said in the ... resulting in a couple lawsuits and the bankruptcy of both the vineyard and the family's company. Michaele recently drew headlines ...
The announcement is a welcome bright spot as the orchestra continues working to emerge from Chapter 11 bankruptcy reorganization that was filed one year ago.