APS Capital Corp. v. Mesa Air Group, Inc.

PATRICK E. HIGGINBOTHAM, Circuit Judge:

This contract case, governed by Texas law, comes to us on appeal from summary judgment in favor of Mesa Air Group. APS argues that the district court erred in finding an enforceable contract on summary judgment, and in its award of damages.

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Mesa Air Group is a regional airline that, in the course of Delta Airline’s bankruptcy proceedings in the Southern District of New York, was awarded an unsecured trade claim 1 with a face amount of $35 million against Delta. APS Capital Corporation’s business is the purchase and resale of trade claims and bank debt.…