In re HHG Corp.

May

2006

Ruling

Motion to set aside sale order was denied since opportunity to object to order was waived and, thus, order had res judicata effect.

Procedural posture

The bankruptcy court had previously approved a sale of the debtor's assets which included a library of video footage of a professional wrestling event. More than two years after entry of the sale order, movants alleged that they had an interest in the library of video footage and filed a motion to set aside the sale order.

ABI Membership is required to access the full summary of In re HHG Corp. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Court :

Southern District of New York ( Judge Hardin, Jr. ) [ Bankruptcy Court ]

opinion summary, case decided on May 02, 2006 , LexisNexis #0606-050

LexisNexis Article

Learn More

11 U.S.C.
- § 1113
- § 1113(b)

In re Delta Air Lines

Apr

2006

Ruling

Debtor airline's motion to reject its collective bargaining agreement with its flight attendants was denied since debtor failed to confer in good faith in attempting to reach mutually satisfactory modifications in the agreement.

Procedural posture

Debtor, an airline company, filed a motion under 11 U.S.C. § 1113 to reject its collective bargaining agreement with its flight attendants.

ABI Membership is required to access the full summary of In re Delta Air Lines Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Court :

Southern District of New York ( Judge Hardin, Jr. ) [ Bankruptcy Court ]

opinion summary, case decided on April 26, 2006 , LexisNexis #0606-062

LexisNexis Article

Learn More

11 U.S.C.
- § 553

In re Delta Air Lines Inc.

Mar

2006

Ruling

Motion for setoff was denied since rejection damages under sections 365(g) and 502(g), which arose after filing, could not be set off against a prepetition claim.

Procedural posture

Creditor, a municipal aviation authority, brought a motion for relief from the automatic stay in order to set off under 11 U.S.C. § 553 certain credits in favor of the debtors, an airline and its subsidiaries, against rejection damages under 11 U.S.C. §§ 365(g) and 502(g) stemming from a lease with the aviation authority which the debtors rejected.

ABI Membership is required to access the full summary of In re Delta Air Lines Inc. Please sign in if you are already an ABI member, or otherwise you may Become an ABI Member

Court :

Southern District of New York ( Judge Hardin, Jr. ) [ Bankruptcy Court ]

opinion summary, case decided on March 23, 2006 , LexisNexis #0506-027

LexisNexis Article

Learn More

Subscribe to %1