Northwest Files Plan, But No Disclosure Statement

Law360, New York (January 12, 2007, 12:00 AM EST) -- Northwest Airlines Corp. has filed its reorganization plan, but the court overseeing the bankrupt airline's Chapter 11 proceedings has granted the company's request to push back the deadline for filing a disclosure statement.

Friday, U.S. Bankruptcy Judge Allan Gropper signed an order giving Northwest until Feb. 15 to file a disclosure statement.

Typically, a Chapter 11 plan and disclosure statement are filed at the same time, with the proposed version of the plan attached as an exhibit to the disclosure statement, said James Patrick Shea, a...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.