Judge Postpones Ruling On Mesa's Ch. 11 Plan

Law360, New York (January 14, 2011, 8:00 PM EST) -- A judge refrained Friday from ruling on a restructuring plan proposed by bankrupt Mesa Air Group Inc. following a hearing in which a creditor accused the company of seeking to keep control out of the hands of new stockholders.

Judge Martin Glenn of the U.S. Bankruptcy Court for the Southern District of New York said in a hearing that he would put off a decision on the confirmation of the plan until after debtors provide clearer language on when a first shareholders meeting would be held...
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