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...
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