Customers Lose Bid To Stall AMR, US Airways Merger
By Maria Chutchian
Law360, New York (December 4, 2013, 3:58 PM ET) -- Customers suing AMR Corp. and US Airways Group Inc. once again were stymied in their efforts to block the airlines' merger when a New York bankruptcy judge on Wednesday rejected their request to halt the implementation of the joinder pending an appeal of an earlier decision.
The customers sued earlier this year out of fear that the combined carrier will hurt competition in the airline industry and cause ticket prices to soar. They were unsuccessful, as U.S. Bankruptcy Judge Sean H. Lane last week approved the settlement...