Wednesday, October 11, 2017 9:16:25 PM
THREE are related to Krakowski which are essentially as good as resolved. Krakowski et al have been filing appeals after appeals in one court after another. Verdicts are all the same ... that the case has no merits
ONE adversary is related to Carolyn Fjord et al who is suing American Airlines for causing her to earn less. She runs a travel agency and used to make more than $2 million a year ripping airlines and passengers off. Now that all price info is on the internet courtesy of Tripadvisor, Agoda, Priceline, Airbnb, hotels.com, trivago, expedia, she can no longer make abnormal profits and so she is sore, very sore. She initially wanted the judge to undo the merger and was one of the people who wanted to see AAL merger with US Airways not go through. Now she wants money compensation.
Her case has No merits i feel too.
ONE adversary is the Section 1114 Committee of retired employees. This one has no bearing on DCR. Payouts (if any) would be drawn from the airline's cashflow from operations
TWO adversaries relating to U.S. BANK TRUST NATIONAL ASSOCIATION I have no idea about their statuses
Final ONE relates to Allied Pilots Assoc
There's another Puerto Rico Port Authority (PRPA) claimant not listed under the list of adversaries. The notional claim amount is only about $7 milliom. PRPA is one of the 8 people/institutions who filed objections to AAL's motion to distribute DCR shares to shareholders back in April 2015.
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