US Air, AA Ready To Defend Merger Deal In Trial, Atty Says

Law360, Washington (October 30, 2013, 2:18 PM EDT) -- Attorneys for US Airways Group Inc. and American Airlines Inc. on Wednesday refused to discuss any settlement talks they've had with the federal government over the airlines' proposed merger, saying they are prepared to defend the deal during next month's trial.

Although U.S. District Judge Colleen Kollar-Kotelly previously urged both sides to meet with a mediator and consider settling the government's case, US Airways attorney Richard Parker said it was “inappropriate” to discuss any discussions with the trial looming closer.

“She asked for a mediator,” Parker...
To view the full article, register now.

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.