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If none is reached, the unions present their case and the judge is expected to issue a decision ... overhaul of the airline industry that has seen major carriers use the bankruptcy process to cut wages and eliminate cumbersome union work rules.

And the losses keep piling up -- another $1.7 billion in the first three months of 2012, although most of it was for bankruptcy-reorganization costs. "We're going through a major restructuring of labor relations in the airline industry," says ...

WSJ profiles Josh Gotbaum, the director of the Pension Benefit Guaranty Corp. Gotbaum has been vocal in American Airlines parent AMR Corp.’s bankruptcy case. DealBook profiles Martin J.

Porter Hedges' five core practice areas are energy transactions; corporate mergers and acquisitions; litigation; banking and finance; and bankruptcy. Transactional work accounts for about 60 percent of revenue, Reedy said. Close to half of its ...

Deals of the Day compiles this morning’s biggest news about mergers and acquisitions, banking, bankruptcy and more ... as the world’s biggest food company by revenue increased sales in all of its main markets. [WSJ] AstraZeneca: The troubled ...