United Trial for San Francisco Bondholders Set for Late April

Shields, Yverre
March 2006
Bond Buyer;3/21/2006, Vol. 355 Issue 32343, p6
Trade Publication
The article reports on the trial scheduled on April 2006 for United Airlines Inc. and representatives of investors holding 155 million of special facilities for projects at San Francisco International Airport in California over the amount the bondholders would recover. United attorneys have previously agreed that bondholders hold a secured leasehold mortgage claim. Pending appeals over whether United was obligated to repay the bonds as a condition of its lease on the airport during bankruptcy.


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