15 Feb, 2013
Bankruptcy Review For February 15, 2013
This week in bankruptcy news: the American Airlines bankruptcy case makes significant progress as the company agrees to an $11 billion deal to merge with US Airways. Pending bankruptcy court approval, this merger would mark the largest in the history of the airline industry.
Also, the award-winning visual-effects company, Rhythm & Hues filed for Chapter 11 bankruptcy. The company produced effects for recent popular films such as “Life of Pi” and “Django Unchained”.
Read the full stories below:
American and US Airways Announce Deal for $11 Billion Merger
