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In re Northwest Airlines Corp.

In re Northwest Airlines Corp.

Ruling
Debtor's objection to creditor's tax indemnification claim overruled.
Procedural posture

Debtors, an airline and others, filed a petition under chapter 11 of the Bankruptcy Code, and creditor, a credit corporation, filed a claim seeking payment of approximately $ 30,024,932 under tax indemnification agreements (TIAs) it concluded with the airline. The debtors filed an objection to the creditor's claim.

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Commercial opinion summary, case decided on September 05, 2008 , LexisNexis #1108-061