The Mt. Gox bitcoin exchange that recently collapsed in Japan has filed for U.S. bankruptcy protection to shield itself from a lawsuit seeking to repay thousands of people whose digital currency is now missing.
American Airlines is reporting a $2 billion loss for the fourth quarter because of charges mostly related to its bankruptcy reorganization and merger with US Airways.
Former NFL and University of Texas quarterback Vince Young has filed for Chapter 11 bankruptcy protection.
While a Texas company is entitled to their financial claim, a bankruptcy judge has ruled that Casey Anthony won’t have to pay most of her debts, discharging what she owes except for those related to student loans or criminal fines, if she has them.
American Airlines emerged from bankruptcy protection and US Airways culminated its long pursuit of a merger partner when the two completed their deal on Monday.
American Airlines and US Airways will become the world’s largest airline as early as Monday, December 9th, when they hope to merge.
After nearly two years, American Airlines has just been cleared for takeoff from bankruptcy, and can now merge with US Airways. The deal is set to be closed on December 9.
Casey Anthony has reached a settlement in her bankruptcy case with a Texas search group that helped look for her missing 2-year-old daughter.
The Justice Department asked for a delay in the trial over the merger of American Airlines and US Airways because of the shutdown of the federal government.
American Airlines said that it will hire 1,500 pilots over the next five years, and recall the airline’s pilots who have been furloughed. The carrier plans to start recruiting this fall.
American Airlines and US Airways on Monday morning agreed to extend their merger agreement, pushing back the date that either carrier could terminate their merger plan.
Hundreds of American Airlines and US Airways employees rallied outside of Capitol Hill on Wednesday to build support for the airlines’ proposed $14 billion merger.