Pilots, Bank Lose Bids To End War Over $5M Fee

Law360, Los Angeles (October 28, 2013, 10:27 PM ET) -- A New York state judge on Monday rejected bids for summary judgment by both sides of a dispute over whether a pilots union did enough to negotiate for U.S. Airways Group Inc. to pay a $5 million fee to its investment bank.

New York Supreme Court Judge Marcy S. Friedman found in Monday’s ruling that there were still too many factual issues at dispute to determine whether the Air Line Pilots Association International had worked hard enough to get the fee for Glanzer & Co. LLC,...
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