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American Airlines parent files for Chapter 11 bankruptcyAMR Corp., parent of American Airlines and American Eagle, has filed for Chapter 11 bankruptcy protection. Beset with high labor and fuel costs as well as crushing debt, AMR Corp. filed for Chapter 11 bankruptcy protection Tuesday in New York City and ... read more
American Airlines files for Chapter 11
American Airlines' parent company AMR has filed for Chapter 11 bankruptcy protection, as the troubled firm tries to put its finances in order while keeping planes in the sky and passengers in seats. "Chapter 11 reorganisation is in the best interest of ... read more
Freeh Approved as MF's Chapter 11 Trustee
A bankruptcy judge approved the appointment of former Federal Bureau of Investigation director Louis Freeh as the Chapter 11 trustee in the bankruptcy of securities firm MF Global Holdings Ltd. The judge said Monday that Mr. Freeh ... read more
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