Lawyer: United Case Unlikely to Have Domino Effect

Hume, Lynn
May 2004
Bond Buyer;5/10/2004, Vol. 348 Issue 31880, p3
Trade Publication
Reports that airlines are not likely to file for bankruptcy to try to get out of their lease-backed debt obligations because of a U.S. Bankruptcy Court judge's ruling in a case involving United Airlines Inc., according to lawyer William Kannel. Outcomes of a panel session at the National Federation of Municipal Analysts' 21st annual conference; Lack of guarantee that other bankruptcy judges in the county would reach the same decision; Analysis of United Airlines' leases at three airports.


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