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American Airlines Parent AMR Files for Bankruptcy


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Nov. 29 (Bloomberg) — American Airlines parent AMR Corp. filed for bankruptcy after failing to secure cost-cutting labor agreements and sitting out a round of mergers that dropped it from the world’s largest airline to No. 3 in the U.S.
With the filing, American became the final large U.S. full-fare airline to seek court protection from creditors. Chairman Gerard Arpey will retire and be replaced by Thomas Horton, AMR said. Shannon Pettypiece reports on Bloomberg Television’s "InsideTrack." (Source: Bloomberg)

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Trustee Sales in a Chapter 7 Bankruptcy in Arizona

I’m Joseph C. McDaniel and I am a Board Certified Arizona Bankruptcy Attorney. My firm is a debt relief agency and I help both people and businesses file bankruptcies. If you’re interested in filing a bankruptcy in Arizona or have questions, please call our firm at 602-297-3025 or visit my free Bankruptcy blog at http://www.arizonabankruptcyblog.info/ and my website at http://www.josephmcdaniel.com/

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States Should Be Able to File for Bankruptcy

Jan. 12 (Bloomberg) — Jonathan Henes, a bankruptcy attorney at Kirkland & Ellis LLP, discusses the need for legislation allowing U.S. states to file for Chapter 11 bankruptcy protection. Henes talks with Margaret Brennan on Bloomberg Television’s “InBusiness.”

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States file for bankruptcy chapter 11 illinois pension plans education budget cuts tax increase labor union contracts schools

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Henes Says States Should Be Able to File for Bankruptcy

Jan. 12 (Bloomberg) — Jonathan Henes, a bankruptcy attorney at Kirkland & Ellis LLP, discusses the need for legislation allowing U.S. states to file for Chapter 11 bankruptcy protection.
Henes talks with Margaret Brennan on Bloomberg Television’s “InBusiness.” (Source: Bloomberg)

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Rosa’s reportedly filing for Ch. 11 bankruptcy

Rosa’s Home Appliance Store is reportedly filing for Chapter 11 Bankruptcy, which would involve a reorganization of the business.

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