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American Airlines CEO Tom Horton one step closer to free lifetime travel. Oh, and $20 million

Zuckerman Spaeder LLP
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USA
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June 6 2013

American Airlines' CEO, Tom Horton, moved one step closer to receiving the $20 million severance payment he's negotiated with the bankrupt airline

Dispute over American Airlines CEO’s $20 million severance may be coming in for a landing

Zuckerman Spaeder LLP
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USA
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June 3 2013

You might think that a company in bankruptcy wouldn't be able to give its CEO a multi-million-dollar severance payment. But just because a company

AMR decision highlights bankruptcy court split on enforceability of ipso facto clauses

Mintz Levin Cohn Ferris Glovsky and Popeo PC
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USA
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February 20 2013

A recent ruling in the American Airlines bankruptcy case enforcing an automatic acceleration upon bankruptcy provision serves as a reminder that the

Ready for take-off: creating a more creditor-friendly insolvency regime for Australian aviation finance

Corrs Chambers Westgarth
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Australia
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February 11 2013

Australia has signed on to a new framework that will standardise aircraft financing transactions the world over. It's positive news for those in

Latest trends in the enforceability of make-whole premiums

Cole Schotz Meisel Forman & Leonard PA
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USA
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February 4 2013

A lender's entitlement to a make-whole premium, that is, a prepayment penalty designed to compensate the lender for the loss of interest payments it

Bankruptcy Court authorizes American Airlines to repay $1.3 billion debt without make-whole

Debevoise & Plimpton LLP
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USA
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January 29 2013

On January 17, 2013, in a lengthy and closely reasoned opinion, Judge Sean Lane of the Bankruptcy Court for the Southern District of New York

Bankruptcy Court grounds American Airlines noteholders’ make-whole claim

Bracewell & Giuliani LLP
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USA
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January 22 2013

Last week the United States Bankruptcy Court for the Southern District of New York approved debtor-American Airlines' motion to enter into a secured

On bankruptcy procedure of Aerosvit

Asters
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Ukraine
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January 10 2013

On 29 December 2012, pursuant to the order of the Commercial Court of the Kyiv Region, the bankruptcy proceedings in respect of Aerosvit were

Court denies Pinnacle Airlines’ motion to reject collective bargaining agreement: outlines potential resolution

Cadwalader Wickersham & Taft LLP
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USA
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December 10 2012

Following the pattern recently established by other S.D.N.Y. bankruptcy judges in Hostess and American Airlines, Judge Robert Gerber denied Pinnacle Airlines’ motion to reject its collective bargaining agreement with the Air Line Pilots Association on narrow factual grounds

Departing business rescue a one-way ticket to liquidation

DLA Cliffe Dekker Hofmeyr
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South Africa
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November 14 2012

On 21 August 2012, 1Time Holdings Limited announced that it was placing its subsidiaries, 1Time (Pty) Ltd and Jetworx Aircraft Services (Pty) Ltd, under business rescue as a result of their being in financial distress

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Search results

American Airlines CEO Tom Horton one step closer to free lifetime travel. Oh, and $20 million

Dispute over American Airlines CEO’s $20 million severance may be coming in for a landing

AMR decision highlights bankruptcy court split on enforceability of ipso facto clauses

Ready for take-off: creating a more creditor-friendly insolvency regime for Australian aviation finance

Latest trends in the enforceability of make-whole premiums

Bankruptcy Court authorizes American Airlines to repay $1.3 billion debt without make-whole

Bankruptcy Court grounds American Airlines noteholders’ make-whole claim

On bankruptcy procedure of Aerosvit

Court denies Pinnacle Airlines’ motion to reject collective bargaining agreement: outlines potential resolution

Departing business rescue a one-way ticket to liquidation

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