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November 05, 2012

AMR bankruptcy hearing moved to White Plains, N.Y.

Hurricane Sandy's effects are still being felt as courts in New York are relocating hearings from its southern Manhattan courthouse.

On Monday, the bankruptcy court hearing AMR's case filed a notice saying that Thursday's hearings will be moved to White Plains, New York, about thirty miles away.

U.S. Bankruptcy judge Sean Lane is scheduled to hear a variety of issues in AMR's case on Thursday including whether or not AMR should be allowed an extra month to file its reorganization plan. He is also scheduled to a hear a motion from hedge fund Marathon Asset, who wants the court to investigate a pre-bankruptcy $2.26 billion debt transaction between American Airlines and its regional carrier, American Eagle.

-Andrea Ahles

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