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Tuesday, July 21, 2015 11:31:45 PM
Several months back American airlines petitioned the judge overseeing the bankruptcy to release the remaining funds. They felt there are far more funds in the pool than are needed to cover the remaining bankruptcy claims based on current share price. However the judge denied them feeling it prudent to wait a while longer. Some on this board have posted that the rumors are a year to year and a half, but no one really knows. That's the thing about bankruptcy. You are no longer in charge, The judge is. But it is a very good sign that they attempted to do this. I have a high level of confidence that there will be additional funds left over after all claims are settled. And this will be distributed to the common shareholders. It is clearly their intention.
Recent AAL News
- American Airlines Reports Second-Quarter 2024 Financial Results • GlobeNewswire Inc. • 07/25/2024 11:00:00 AM
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- The Gross Law Firm Reminds Shareholders of a Lead Plaintiff Deadline of September 16, 2024 in American Airlines Group Inc. Lawsuit - AAL • PR Newswire (US) • 07/25/2024 09:45:00 AM
- U.S. Stocks Move Sharply Lower On Disappointing Earnings News • IH Market News • 07/24/2024 08:39:47 PM
- Berkshire Sells BofA Holdings, Ryanair Shares Drop 12%, Delta Still Struggling After IT Disruption • IH Market News • 07/22/2024 09:44:17 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/15/2024 08:18:33 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 07/15/2024 08:18:01 PM
- American Airlines Group announces webcast of second-quarter 2024 financial results • GlobeNewswire Inc. • 07/11/2024 02:00:00 PM
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- American Airlines releases 2023 Sustainability Report • GlobeNewswire Inc. • 07/02/2024 07:00:00 PM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/06/2024 09:27:06 PM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/06/2024 09:24:12 PM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/06/2024 09:23:03 PM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/06/2024 09:22:01 PM
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Nightfood Holdings Signs Letter of Intent for All-Stock Acquisition of CarryOutSupplies.com • NGTF • Jul 17, 2024 1:00 PM