Bankruptcy Review for December 28, 2012

This week, many of the courts handling the meningitis outbreak lawsuits have been brought to a standstill, after the accused pharmaceutical company filed for bankruptcy last week. There are also delays surrounding the merger of American Airlines with US Airways until the pilots contracts can be ironed out.

New England pharmaceuticals company bankruptcy filing puts Michigan meningitis lawsuits on hold

AMR Union Says Lack of Accord May Threaten Merger in Bankruptcy