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Bankruptcy And Estate Planning Lawyer Serving The Anaheim Area
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Posts tagged "severance caps"

American-US Airways bankruptcy merger approved, $20 mln bonus not

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., indicated it was interested in merging with American, which would have to be approved by the bankruptcy court.

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