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Air Methods Gets OK For $1.7B Ch. 11 Plan

By Yun Park (December 6, 2023, 3:50 PM EST) -- A Texas bankruptcy judge on Wednesday approved air medical transporter Air Methods' disclosure statement and its Chapter 11 reorganization plan, which would go into effect by the end of 2023, offering the debtor and its affiliated entities an opportunity to remove $1.7 billion in debt. ...

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