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Hawker Beechcraft, Inc.

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Case overview

Case Number:

1:12-bk-11873

Court:

New York Southern

Nature of Suit:

Firms

Companies

Government Agencies

Sectors & Industries:

  1. September 28, 2012

    Hawker's $763M FCA Claims Not Dischargeable, Relators Say

    Former employees of a Hawker Beechcraft Inc. subcontractor asked a New York bankruptcy judge Friday not to discharge debt potentially due to the government in a False Claims Act suit alleging the debtor's misrepresentations induced the U.S. to pay $763 million for "suspect" planes.

  2. September 07, 2012

    Bankrupt Hawker Seeks OK For $2.9M Land Sale To Wichita

    Hawker Beechcraft Inc. asked a New York bankruptcy judge Thursday to allow it to sell a strip of highway-adjacent property to Wichita, Kan., for $2.9 million, saying it feared the city would take the land through eminent domain.

  3. August 30, 2012

    Hawker Gets More Time For Ch. 11 Plan Amid Superior Talks

    A New York bankruptcy judge on Thursday extended by 120 days the period during which Hawker Beechcraft Inc. can exclusively file a Chapter 11 plan, while the debtor continues to work toward definitive documentation in a sale bid by Superior Aircraft Beijing Co. Ltd.

  4. August 24, 2012

    $5.3M Bonus Plan For Hawker Beechcraft Execs Nixed

    A bankruptcy judge in New York shot down a proposal Friday from Hawker Beechcraft Inc. that could have handed eight senior executives $5.3 million in bonuses, ruling that the standards for obtaining payouts were too low for the plan to qualify as an incentive program.

  5. July 26, 2012

    Hawker's $2M Employee Retention Plan Gets Green Light

    A New York bankruptcy judge on Thursday allowed aircraft maker Hawker Beechcraft Inc. to institute a $1.9 million retention plan for 31 management employees, while asking for more information on a $5.3 million incentive plan for eight insiders before he decides that matter.

  6. July 24, 2012

    Trustee Objects To Hawker Beechcraft's Exec Bonus Plan

    The U.S. bankruptcy trustee objected Monday to bankrupt aircraft maker Hawker Beechcraft Inc.'s plan to pay more than $5 million in bonuses to its top management, saying the executives wouldn't be doing enough to deserve the money.

  7. July 17, 2012

    Judge Lets Hawker Beechcraft Negotiate With Chinese Bidder

    A New York bankruptcy judge on Tuesday allowed Hawker Beechcraft Inc. to enter into an exclusive negotiating and refund agreement with Chinese bidder Superior Aviation Beijing Co. Ltd., which has offered to buy most of the company's assets for nearly $1.8 billion.

  8. July 16, 2012

    Hawker Sale To China Risks Military Secrets, Union Says

    A labor union on Monday objected to the bankruptcy sale of Hawker Beechcraft Inc.'s civilian aviation assets to a little-known Chinese bidder, warning that the deal could give China access to protected military technology and would zap retirement benefits for thousands of workers.

  9. July 02, 2012

    Hawker Beechcraft Plan Would Convert Debt To Equity

    Citing support from its senior lenders and holders of senior notes, bankrupt aircraft manufacturer Hawker Beechcraft Inc. filed a Chapter 11 reorganization plan in a New York bankruptcy court Monday that would convert all senior debt to equity.

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