AMR Gets Creditors' Support For Reorganization

Law360, New York (August 1, 2013, 6:46 PM EDT) -- AMR Corp. is one important step closer to exiting bankruptcy and effectuating its $11 billion merger with US Airways Group Inc., announcing Thursday that its creditors have voted “overwhelmingly” in favor of its reorganization plan.

Following Monday’s voting deadline, the American Airlines Inc. parent said Thursday that a preliminary count of the votes show that at least 88 percent of the ballots received for each voting class supported the plan, which now must be approved by a bankruptcy judge.

"This is another important milestone toward our...
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