U.S.Judge Overturns United Ruling

Shields, Yvette
November 2004
Bond Buyer;11/19/2004, Vol. 350 Issue 32014, p1
Trade Publication
Reports on a U.S. District Court ruling reversing a bankruptcy court decision that found United Airlines was not obligated to repay a special facilities bond issue at California's San Francisco International Airport as a condition of its lease. Aspects of Judge John W. Darrah's opinion; Major blow to United Airlines; Dramatic boost in the value of the San Francisco bonds; Speculation over how the district court will rule on similar appeals.


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