American Airlines Group Inc (AAL)

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American Airlines Group Inc. Message Board
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Regarding disputed claims reserve, this was posted on Yahoo message board. I can't verify any truth for sure but it does sound reasonable. (Especially since this is just icing on the wonderful cake!)


AAMRQ disputed claims reserve payout estimate
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Dec. 6, 2013 was the last day of trading for AAMRQ. On that day there were about 336 million shares outstanding.
The disputed claims reserve that was set aside contained a bit more than 30.5 million shares. The current market value of those shares is a bit over $1.250 billion dollars.
Of that amount, approximately $400 million will be used to pay the disputed claims, administration fees, court fees, attorney fees, etc. That leaves about $850 million dollars to be distributed from the disputed claims reserve to AAMRQ shareholders of record.
That means, generally, that for each share of AAMRQ held on Dec. 6, 2013, the disputed claims reserve will pay in the vicinity of $2.52 per share, more or less, depending on how well AAL lawyers defended against the claims.
So if you held 10,000 shares of AAMRQ on Dec. 6, 2013, you will receive a credit of AAL shares valued at about $25,000.00 sometime in July. Less

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