AMR Seeks More Time As Labor Pains Persist

Law360, New York (March 9, 2012, 3:45 PM EST) -- Bankrupt American Airlines Inc. parent AMR Corp. looked for more time Thursday to file a Chapter 11 plan of its own as the unions stepped up their calls for arbitration after negotations with the airline stalled once again.

The original exclusivity period, for the standard 120 days, was set to expire March 28, and the airline is now seeking an additional six months, through Sept. 28. It's also seeking an extension of the period during which it exclusively can solicit votes on a plan, from May...
To view the full article, register now.