Creditors Want Say In American-US Airways Antitrust Suit
Law360, New York (October 28, 2013, 8:29 PM EDT) -- The unsecured creditors of American Airlines Inc.'s bankrupt parent company asked a Washington, D.C., federal judge Monday to allow them to file a friend-of-the-court brief backing American's contested merger with US Airways Group Inc., saying the bankruptcy process would have to start over if federal authorities killed the deal.
The committee representing the unsecured creditors of AMR Corp. — who would own the majority interest of the airline resulting from the merger — asked the court for a chance to weigh in on the U.S. Department of Justice's antitrust suit to block the carriers' tie-up and to explain how critical the...
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