Bankrupt United Airlines Continue Court Fight for Bond Proceeds

Shields, Yvette
May 2004
Bond Buyer;5/24/2004, Vol. 348 Issue 31890, p6
Trade Publication
Reports on United Airlines Inc.'s court arguments on its right to tap into $1.8 million of remaining special facilities revenue bond process held in construction accounts. Payments made by the airline for the projects in Los Angeles, California; United's filing before the U.S. bankruptcy court.


Related Articles

  • United tries to escape paying bonds. Schoettle, Anthony // Indianapolis Business Journal;4/7/2003, Vol. 24 Issue 4, p1 

    Reports on the use of United Airlines Inc.'s bankruptcy to dodge its bond payment. Disagreement of United Airlines and Indianapolis Airport Authority over the nature of the payment; Position of United on any payments of special facilities bonds; Sale of bonds to large institutional investors.

  • United Case Settlement Postponed. Shields, Yvette // Bond Buyer;12/27/2004, Vol. 350 Issue 32037, p1 

    The article focuses on a federal bankruptcy court judge who postponed an approval of a settlement proposal between a majority of investors who hold $600 million of defaulted United Airlines Inc. special facilities revenue bonds for projects at O'Hare International Airport due to questions over...

  • United Asks Court to Rehear Plea. Shields, Yvette // Bond Buyer;9/22/2003, Vol. 345 Issue 31724, p1 

    Reports on the plea of the United Airlines for the bankruptcy court to declare unenforceable provisions in its leases in Chicago, Illinois. Requirement of repayment of special facilities revenue bonds; Inclusion of the expiration of so-called standstill agreement; Preclusion of the city from...

  • U.S. District Judge Strikes Blow For Bondholders in United Case. Shields, Yvette // Bond Buyer;1/28/2005, Vol. 351 Issue 32059, p1 

    The article reports that a U.S. District Court judge has ruled that bankrupt United Airlines Inc., must repay $59 million of special facilities revenue bonds issued for projects at Los Angeles International Airport as a condition of its airport lease. The decision from U.S. District Court Judge...

  • United Tries To Stop Lease Penalties. Shields, Yvette // Bond Buyer;3/25/2003, Vol. 343 Issue 31600, p1 

    United Airlines Inc. has asked a federal bankruptcy court to issue a temporary restraining order barring Denver, San Francisco, the Port Authority of New York and New Jersey, and Los Angeles from enforcing lease provisions that permit them to evict the airline for failing to repay special...

  • Tilton upbeat on United prospects as new premium service planned.  // Business Travel World;Jan2006, p10 

    The article reports on an international premium service for business travellers to be launched by United Airlines in 2006. The company will emerge from Chapter 11 bankruptcy in February 2006. Glenn Tilton, president and CEO of United, comments on the launch of the service. The company will...

  • United Sends Settlement Offer to Court. Shields, Yvette // Bond Buyer;12/30/2004, Vol. 350 Issue 32040, p1 

    The article reports that United Airlines Inc. presented to the federal bankruptcy court a final settlement agreement with a majority of investors who hold the airline's $600 million of special facilities revenue bonds for projects at O'Hare International Airport. The four trustees who represent...

  • United Seeks Release of US Bank Funds Linked to LAX Special Facility Projects. Shields, Yvette // Bond Buyer;1/20/2004, Vol. 347 Issue 31803, p5 

    Reports on the appeal of bankrupt United Air Lines Inc. to federal bankruptcy court judge to release construction funds held by U.S. Bank in conjunction with a special facility bond issue for projects at Los Angeles International Airport. Accessibility to the bond proceeds being held in a...

  • United's Decision Time. Shields, Yvette // Bond Buyer;3/22/2004, Vol. 347 Issue 31846, p1 

    Reports that U.S. Bankruptcy Court Judge Eugene Wedoff will decide in March 2004 whether United Airlines Inc. will need to repay its special-facilities revenue bonds or face eviction at four airports. Default by United on its bonds following the bankruptcy filing; Statements by Stephen Macken,...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics