US Trustee Won't Relent In Attack On $20M AMR Exec Bonus

Law360, New York (March 26, 2013, 6:04 PM EDT) -- As AMR Corp. prepares to ask a New York bankruptcy judge to bless the $11 billion merger it hopes to enter into with US Airways Group Inc., the U.S. on Monday defended its attack on the $20 million bonus AMR’s CEO is slated to receive.

The American Airlines Inc. parent will appear before U.S. Bankruptcy Judge Sean H. Lane on Wednesday seeking the go-ahead for the merger, which was announced in February and, if approved, will create the world’s largest airline. Though experts have predicted that...
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