News

US Airways Inches Closer To American Airlines Merger - Huffington Post

04/20/12

enabling it to exit the Chapter 11 bankruptcy process and restore American Airlines to a preeminent position in the airline industry." According to Parker's SEC letter, there are still a number of steps that US Airways would need to take before ...

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US Airways makes deals with 3 AMR unions - AP - msnbc.com

04/20/12

On their own, the unions can't force a combination. However, they hold three of the nine seats on the committee of unsecured creditors in AMR's bankruptcy case. That committee can ask the judge to review AMR's current exclusive right to present a ...

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Dewey & LeBoeuf Said to Consider Prepackaged Bankruptcy - New York Times

04/20/12

Dewey & LeBoeuf is contemplating a prearranged bankruptcy filing, in which the ailing law firm would reach an agreement with its creditors over a reorganization plan while simultaneously combining with another firm, according to a person with ...

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Dewey & LeBoeuf Said to Be Considering Bankruptcy - Bloomberg

04/20/12

Revenue for the 12 months through Feb. 29 grew 6 percent with an increase in billable value of 9.7 percent, according to the letter. Florida law firm Ruden McClosky PA won approval in bankruptcy last year to sell itself to Greenspoon Marder PA ...

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Trial Attorney Dawn Estes Named to 2012 'Best Lawyers in Dallas' List - Yahoo Finance

04/20/12

It features a collaborative team of highly experienced attorneys, representing clients in business litigation and transactions, labor and employment, family law, health care, energy, construction, real estate, bankruptcy, insurance, appellate ...

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BANKRUPTCY WEEK AHEAD: Supreme Court Takes Up Credit Bidding - Wall Street Journal

04/20/12

The nation's highest court is taking up a divisive issue in the bankruptcy world: whether a secured lender has the right to trade debt for a troubled company's assets. The Supreme Court on Monday will listen to arguments in the case of RadLAX ...

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US Airways makes move to take over American - CBS News

04/20/12

(MoneyWatch) US Airways (LCC) has filed an 8K with the SEC to begin the process of a takeover of American Airlines, which is currently in Chapter 11 bankruptcy. According to the SEC, Form 8-K is the 'current report' companies file with the SEC ...

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US Airways clears one hurdle to take over American - CBS News

04/20/12

(MoneyWatch) US Airways (LCC) has filed an 8K with the SEC to begin the process of a takeover of American Airlines, which is currently in Chapter 11 bankruptcy. According to the SEC, Form 8-K is the 'current report' companies file with the SEC ...

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Bankruptcy filings drop slightly - The Business Journal

04/20/12

All of the remaining bankruptcies were filed under Chapter 7, which involves liquidation of most assets and discharge of most debts. No petitions were filed under Chapter 11 of the federal bankruptcy code, which is used primarily by businesses.

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Contents of Chinqua Penn to be sold in bankruptcy auction - CharlotteObserver.com

04/20/12

Last year, a U.S. Bankruptcy Court judge in Greensboro agreed to the sale of the home’s contents as a way to repay some of the millions Phelps owes. The 31,000-sqare-foot manor house, the five-bay greenhouse and other structures, as well as ...

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