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AMR secures plan confirmation at last

Sep 12, 2013 - The Deal Pipeline
Bankruptcy

AMR Corp. has passed its final bankruptcy test and now can look ahead to a Nov. 25 antitrust trial with the Department of Justice.

Judge Sean H. Lane of the U.S. Bankruptcy Court for the Southern District of New York in Manhattan on Thursday conditionally confirmed a reorganization plan that is centered on an $11 billion merger of AMR and US Airways Group Inc.

AMR was originally set for an Aug. 15 confirmation hearing before the DOJ filed its suit against the merger on Aug. 13, causi...