In Re U.S. Airways, Inc.
United States Bankruptcy Court, E.D. Virginia
1Opinion of the Court
MEMORANDUM OPINION
STEPHEN S. MITCHELL, Bankruptcy Judge.
Before the court is the motion of the debtor in possession for approval of a severance and retention program — referred to as the Transaction Retention Program or TRP — for executives of the company and for over 1800 management employees. The motion is supported by the Official Committee of Unsecured Creditors (which negotiated a number of changes to the original proposal) but is opposed by the United States Trustee and by the unions representing the debtor’s pilots, flight attendants, mechanics, and reservation agents. 1 Following an…
2Cases cited3 opinions
- Committee of Equity Security Holders v. Lionel Corp. (In re the Lionel Corp.)Court of Appeals for the Second Circuit · 1983
- In Re Aerovox, Inc.United States Bankruptcy Court, D. Massachusetts · 2001
- In Re Geneva Steel Co.United States Bankruptcy Court, D. Utah · 1999
3Cited by9 opinions
- In Re Dana Corp.United States Bankruptcy Court, S.D. New York · 2006
- In Re Global Home Products, LLCUnited States Bankruptcy Court, D. Delaware · 2007
- In Re Dana Corp.United States Bankruptcy Court, S.D. New York · 2006
- In re Global Aviation Holdings Inc.United States Bankruptcy Court, E.D. New York · 2012
- In Re the Brooklyn Hospital CenterUnited States Bankruptcy Court, E.D. New York · 2006
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