Bankruptcy Stocks Could Be in Play After AMR (AAMRQ) Holders' Big Win

Go back to Bankruptcy Stocks Could Be in Play After AMR (AAMRQ) Holders' Big Win

AMR Corporation (AAMRQ) Equity May Have Value

January 8, 2013 4:45 PM EST

In an SEC filing, AMR Corporation's (OTC: AAMRQ) counsel discloses there exists a reasonable possibility that there may be value for AMR equity holders consistent with the absolute priority rule.

Brian S. Masumoto, Esq.
Trial Attorney
U.S. Department of Justice
Office of the United States Trustee
Southern District of New York
33 Whitehall Street
New York, New York 10004
Re:
In re AMR Corporation, et al. - Case No. 11-15463 (SHL)
Dear Mr. Masumoto:

Reference is made to our letters dated December 20, 2011 and... More