February 11, 2014
Former employees of a Hawker Beechcraft Corp. subcontractor urged a New York federal judge on Monday to revive their complaint over whether their $2.3 billion in whistleblower claims were discharged by Hawker's Chapter 11 plan, contending a bankruptcy court erred in dismissing the complaint as untimely.
February 01, 2013
A New York federal bankruptcy judge on Friday approved the $1.7 billion Chapter 11 plan of Hawker Beechcraft Inc. one day after the aviation company reached an agreement with employees and retirees over pension benefits.
January 31, 2013
A New York bankruptcy judge on Thursday held off on approving Hawker Beechcraft Inc.'s Chapter 11 reorganization plan, but did give the aircraft maker's deal with the Pension Guaranty Benefit Corp. a green light as it moves closer to ending its nine-month bankruptcy.
January 22, 2013
Former employees of a Hawker Beechcraft Inc. subcontractor objected on Friday to the company's Chapter 11 plan, saying their $2 billion claim stemming from a False Claims Act suit over the company's aircraft sales is not dischargeable.
January 17, 2013
A New York bankruptcy judge declined Thursday to make a ruling on Hawker Beechcraft Inc.'s proposed deal with the Pension Guaranty Benefit Corp. that would end its pension plan for nonunion employees and which attorneys say is key to its eventual emergence from Chapter 11 bankruptcy.
January 11, 2013
Retirees of bankrupt Hawker Beechcraft Inc. objected on Thursday to a proposed settlement between the aircraft maker and Pension Guaranty Benefit Corp. that would end Hawker Beechcraft's retirement income plan for nonunion employees, saying the settlement would unfairly keep retirement plans for unionized employees.
December 11, 2012
A New York bankruptcy judge reserved judgment Tuesday on Hawker Beechcraft Inc.'s request to ditch maintenance and warranty contracts for a line of jet aircraft it's going to stop making, after hearing from objectors and the debtor's restructuring adviser.
November 28, 2012
Wilmington Trust NA, the trustee under a subordinated notes indenture with Hawker Beechcraft Inc., objected Tuesday to the bankrupt aircraft manufacturer's proposed reorganization plan, saying it violates subordinated noteholders' rights, illegally rewrites the parties' contract and is "inherently unconfirmable."
October 30, 2012
Hawker Beechcraft Inc. on Monday submitted an amended Chapter 11 plan that envisions a reorganized version of the aviation company likely without its jet product line, and removes from the table a deal like the recently failed $1.8 billion sale to a Chinese-owned firm.
October 18, 2012
Hawker Beechcraft Inc. said Thursday that it would emerge from Chapter 11 protection as a stand-alone company after talks to sell the company to a Chinese bidder for $1.8 billion had failed.