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 Monday, September 13, 2004 |
Bankruptcy court permits US Airways to carry on business
Matt at 1:27 PM ET
A federal bankruptcy judge in Alexandria, VA gave US Airways permission Monday to continue its normal operations a day after the airline filed for Chapter 11 bankruptcy (as previously reported on JURIST's Paper Chase). WAVY-TV in Norfolk has more. Additional information about US Airways' restructuring can be found on the company's website. In related news, Delta Airlines met with bankruptcy lawyers on Monday, in preparation for the possibility that it too will file for bankrupcy protection. Reuters has the story here. Delta's latest statement about its plans can be found on its official website.
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Paper Chase is JURIST's real-time legal news service, powered by a team of 30 law student reporters and editors led by law professor Bernard Hibbitts at the University of Pittsburgh School of Law. As an educational service, Paper Chase is dedicated to presenting important legal news and materials rapidly, objectively and intelligibly in an accessible, ad-free format.
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