Ruling for United Would Hurt Muni Market, Amicus Brief Says

August 2003
Bond Buyer;8/25/2003, Vol. 345 Issue 31705, p4
Trade Publication
Focuses on friend-of-the-court brief filed by two municipal market organizations Bond Market Association and National Federation of Municipal Analysts against United Airlines Inc., according to which municipal market will suffer a blow if bankrupt United Airlines Inc. prevails in reclassifying its leases at four airports, as of August 25, 2003. Reason for dispute over reclassification of leases by United Airlines; Perception among investors and rating agency analysts regarding the reclassification of leases.


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