Judge Denies Retired Pilots’ Appeal Over Pension
On Monday, U.S. District Judge Denise Cote overruled 223 retired pilots by backing a September decision that found Delta met the requirements necessary to terminate the plan.
By not ending the plan, U.S. Bankruptcy Judge Hardin found, Delta wouldn’t be able to get the exit financing necessary to emerge from Chapter 11; couldn’t submit a feasible restructuring...
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