AMR Considers Scrapping Labor Deals Amid Stalled Talks

Law360, New York (March 22, 2012, 3:40 PM EDT) -- AMR Corp. will seek to cancel its collective bargaining agreements with unions within the next week unless something substantial happens in negotiations, an attorney for the bankrupt American Airlines Inc. parent told a New York bankruptcy judge Thursday.

Giving U.S. Bankruptcy Judge Sean H. Lane a status update on the case, Harvey R. Miller of Weil Gotshal & Manges LLP said that while progress continues to be made on preserving pension plans, which have been frozen but not terminated, the same can't be said for talks...
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