American-US Airways Bankruptcy Merger Approved, $20 Mln Bonus Not

2020-02-03T13:30:07+00:00April 18th, 2013|

American Airlines’ parent company AMR Corporation filed for Chapter 11 bankruptcy in late 2011 in the hopes of reorganizing its debts, ditching some obligations, and putting itself in a strong position for future profitability. Last year, US Airways Group, Inc., [...]

U.S. Trustees Forced To Stop Auditing Personal Bankruptcy Cases

2020-02-03T17:02:38+00:00April 8th, 2013|

The Great Recession, or perhaps the federal sequester, has forced the U.S. Trustee Program to indefinitely suspend the audits it is required to perform on Chapter 7 and Chapter 13 personal bankruptcy cases. The audits are required by the 2005 bankruptcy reform [...]