AMR Judge Urges Airline, Unions To Cut A Deal

Law360, New York (May 25, 2012, 5:27 PM EDT) -- The New York bankruptcy judge overseeing American Airlines Inc. parent AMR Corp.'s bid to reject union contracts urged the parties Friday to reach a consensual solution outside of court in the weeks between now and when he's due to enter his judgment.

In the final day of hearings in the three-week-long trial, U.S. Bankruptcy Judge Sean H. Lane emphasized that though he's prepared to issue a ruling, he'd much prefer to see the parties work out their differences on their own, comparing the situation to arbitration...
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