MEMPHIS, Tenn., April 1, 2012 /PRNewswire via COMTEX/ -- Pinnacle Airlines Corp. (NASDAQ: PNCL) today announced that the Company and its subsidiaries have filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code ...
In a filing with a U.S. bankruptcy court, Pinnacle said it seeks to resolve its operational and financial difficulties through the Chapter 11 process. It also seeks to implement a turnaround plan by cutting costs and restructuring certain ...
AMR Corp, the parent of American Airlines, had also filed for bankruptcy late last year. In a filing with a U.S. bankruptcy court, Pinnacle said it seeks to resolve its operational and financial difficulties through the Chapter 11 process.
A year ago, Finn Jensen was knee deep in bankruptcy proceedings, working with attorneys and the court to save his family-owned and -operated business, Scandia Family Fun Center of Fairfield. Today, Jensen said the fun center’s bankruptcy is nearing ...
Pinnacle Airlines Corp. which operates Pinnacle Airlines and Colgan Air, announced that it has entered bankruptcy proceedings. Here is its announcement on its special restructuring page: On April 1, 2012, Pinnacle Airlines Corp. announced that the Company ...
In November, AMR Corp , the parent of American Airlines, also filed for bankruptcy. The case is Pinnacle Airlines Corp, Case No. 12-11343, U.S. Bankruptcy Court, Southern District of New York.
Although bankruptcy may be inevitable in some cases, “enabling legislation that provides relief from state mandates may be the most effective means of addressing municipal fiscal stress given the current economic climate,” the RIPEC report said.
MEMPHIS, Tenn., April 1, 2012 /PRNewswire/ -- Pinnacle Airlines Corp. (NASDAQ: PNCL - News) today announced that the Company and its subsidiaries have filed voluntary petitions for relief under Chapter 11 of the United States Bankruptcy Code in ...
The case involved an alleged plan to allocate specific parts ... “In the event we are able to reach an agreement with our stakeholders, a ‘prepackaged’ bankruptcy may provide the most expeditious manner in which to affect our plan of ...
(RTTNews) - Pinnacle Airlines Corp. (PNCL: News ) announced the filing of voluntary petitions for relief under Chapter 11 to continue implementing turnaround plan aimed at addressing its operational and financial challenges in a rapidly evolving regional ...
