AMR Witnesses Quizzed On Ch. 11 Alternatives In Union Row

Law360, New York (April 25, 2012, 7:18 PM EDT) -- On the third day of hearings in AMR Corp.'s bid to nix union contracts, lawyers for three American Airlines Inc. unions continued Wednesday to grill witnesses for the bankrupt carrier on why the company didn't seek other alternatives before filing for Chapter 11.

David Resnick, managing director and chairman of global financing advisory for investment banking firm Rothschild Inc., which has served as financial adviser to the debtor since October, was first on the stand Wednesday, testifying that the company's business plan, which it has dubbed...
To view the full article, register now.