March 06, 2012
A New York bankruptcy judge on Tuesday refused to authorize an official committee of former Trans World Airlines pilots in American Airlines Inc. parent AMR Corp.'s bankruptcy, ruling there was no evidence the creditors committee wasn't adequately representing the pilots.
March 01, 2012
Deloitte Touche Tohmatsu Ltd. on Thursday pilloried claims by the U.S. Trustee in AMR Corp.'s bankruptcy case that the accounting firm cannot advise the American Airlines Inc. parent unless all of its professionals divest AMR stock, calling the position "radical."
February 28, 2012
The Allied Pilots Association hit American Airlines Inc. and bankrupt parent company AMR Inc. with a lawsuit Tuesday claiming they have attempted to alter pilots' pay without reaching a new collective bargaining agreement.
February 22, 2012
AMR Corp. on Wednesday told the Delaware judge overseeing its bankruptcy that nonunion retirees should not form a committee to represent the interests of all retired company workers because a committee was not needed and would hold up labor negotiations.
February 13, 2012
American Airlines Inc. parent AMR Corp. asked a New York bankruptcy judge on Friday to let it assume agreements with workers' compensation insurer Chartis Inc., which agreed to cut $50 million from AMR's bill if the contract is accepted and paid by March 9.
February 03, 2012
World Trade Center operator Silverstein Properties Inc. reached an agreement Thursday with American Airlines Inc. parent AMR Corp. allowing Silverstein to pursue claims against the bankrupt company alleging it failed to prevent the 9/11 attacks, but only within the confines of AMR's insurance coverage.
February 01, 2012
American Airlines Inc. parent AMR Corp. will ask a New York bankruptcy court for permission to terminate its employee pension plans despite fierce opposition from its three largest unions, the company said Wednesday.
January 31, 2012
The U.S.' pension protection agency has filed $92 million in liens on behalf of American Airlines Inc. parent AMR Corp.'s four pension plans, seeking to hold the company's nonbankrupt entities responsible for American employees' retirement plans, the agency said Tuesday.
January 27, 2012
A New York bankruptcy judge on Friday allowed American Airlines Inc. parent AMR Corp. to keep the vast majority of its $4.1 billion in cash in alternative investment accounts that the U.S. Trustee's office said were not properly protected under the bankruptcy code.
January 13, 2012
The Pension Benefit Guaranty Corp. asked a New York bankruptcy court on Thursday to authorize subpoenas and order American Airlines Inc. parent AMR Corp. to produce documents over company-administered pension plans that the federal agency worries could be terminated.