Texas-Based AMR Corp. Struggles With Bankruptcy Plans

Posted on 11/30/2012 by texanpost with 0 comments

FORT WORTH (AP) – American Airlines parent AMR Corp. and its creditors want six more weeks to complete a bankruptcy-restructuring plan.

AMR and a committee for unsecured creditors filed a motion Friday to extend the company’s exclusive right to file a reorganization plan from Jan. 28 — to March 11.

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