FAA Seeks Up To $163M In Safety Penalties Against AMR

Law360, New York (August 7, 2012, 8:47 PM EDT) -- The Federal Aviation Administration is seeking up to $162.5 million in civil penalties from bankrupt AMR Corp. in connection with pending safety probes of its American Airlines Inc. and American Eagle Airlines Inc. units, the agency said Tuesday.

The agency filed four proofs of claim in New York bankruptcy court on July 12 "to protect the interests of U.S. taxpayers," it said in a statement. It is exploring proposed and potential civil penalties against the company related to ongoing enforcement cases against the airlines.

The $162.5...
To view the full article, register now.

Related

Sections

Case Information

Case Title

AMR Corporation, et al.


Case Number

1:11-bk-15463

Court

New York Southern

Nature of Suit

Date Filed

November 29, 2011

Law Firms

Companies

Government Agencies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.