Northwest Shareholders Subpoena Financial Info

Law360, New York (February 8, 2007, 12:00 AM EST) -- The ad hoc committee of equity security holders for Northwest Airlines Corp. has subpoenaed several companies in an attempt to learn more about the bankrupt airline's merger prospects and financial status.

The subpoenas – issued to United Airlines parent UAL Corp., Continental Airlines Inc., Northwest bankruptcy consultant Seabury Group, and the Blackstone Group, a private equity fund that is a financial advisor for Delta Air Lines Inc., the official committee of unsecured creditors, Deutsche Bank, and Lehman Brothers – were requested Wednesday in the U.S. Bankruptcy...
To view the full article, register now.

Law360 UK

UK Financial Services

Read Our Latest UK Legal News & Analysis

Financial Services Law360 UK and Insurance Law360 UK provide breaking news and in-depth analysis on U.K. and European Union regulation, enforcement, legislation, and litigation involving banks, investment firms, insurers, and more.