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Scarinci Hollenbeck remains committed not only to providing top-tier legal services but also to regularly providing information and resources to our client base and internet following. Client Alerts provided by our attorneys supply businesses, municipalities, and more with the latest and relevant legal updates that may impact them and how they might be able to proceed.
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American Airlines' $388M Bankruptcy Price Tag Approved post image

American Airlines' $388M Bankruptcy Price Tag Approved

U.S. Bankruptcy Judge Sean Lane signed off on American Airlines’ nearly $400 million bill for bankruptcy on July 1, according to The Wall Street Journal. The figure, which was recommended by a fee examiner, includes $16.3 million in expenses and $371.7 million in fees to 47 different firms. American Airlines filed for protection under Chapter […]

Author: Joel R. Glucksman

Link to post with title - "American Airlines' $388M Bankruptcy Price Tag Approved"
Trustee Objects to $20 Million Payout to American Airlines Executive post image

Trustee Objects to $20 Million Payout to American Airlines Executive

American Airlines Executive, Tom Horton to Receive Severance Package? The bankruptcy of American Airlines has culminated in a multi billion-dollar merger between the distressed carrier and US Airways. While the bankruptcy story may have a happy ending for many workers impacted by the proceedings, there are still several loose ends to tie up, and the […]

Author: Joel R. Glucksman

Link to post with title - "Trustee Objects to $20 Million Payout to American Airlines Executive"
Bankrupt American Airlines Merges with US Airways post image

Bankrupt American Airlines Merges with US Airways

American Airlines and US Airways have announced an $11 billion merger that will create the largest airline carrier in the world. The announcement comes after months of rocky deals, labor disputes, and pension agreements brought on by American Airlines’ bankruptcy. Discussions of a merger have been in place since the company filed for protection under […]

Author: Joel R. Glucksman

Link to post with title - "Bankrupt American Airlines Merges with US Airways"
Bankruptcy Judge Approves Sales of Luxury American Airlines London Townhouse post image

Bankruptcy Judge Approves Sales of Luxury American Airlines London Townhouse

  A $23 million London townhouse owned by distressed company American Airlines will be sold in the coming weeks, following unions’ outrage that the company still retained the luxury residence throughout bankruptcy proceedings. U.S. Bankruptcy Judge Sean Lane approved the sale of the five-bedroom house, which is located in an upscale neighborhood a short distance […]

Author: Joel R. Glucksman

Link to post with title - "Bankruptcy Judge Approves Sales of Luxury American Airlines London Townhouse"

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